dont know dont care, just wanted to tell you that you spoke nonsense earlier regarding banks dont round up.

December: (5k x 5% /365) x 31 = 21.2328767123 = received 21.23 (not rounded up)
January: (5k x 4% /366) x 31 = 16.9398907104 = received 16.94 (rounded up)
February: (5k x 4% /366) x 29 = 15.8469945355 = received 15.85 (rounded up)

account maintained constant 5k


This post has been edited by Optizorb: Mar 7 2024, 01:13 PM

yeah i agree, should not simply say bank will cut off
or simply say need to see till 4 decimal points....no logic at all

So far so good
No more major issue with missing interest
Promotion ending soon not sure will extend or not

fingers crossed.

will know in the next 2 weeks.

21 days notice if there's a revised T&C...

Previous TnC already mention clearly effective 1st April will fall back to board rate, unless they give lower than board rate, then need to give 21 days notice.

No point give us 21 days notice if they maintain 4% or higer, as no one will complaint and insists 21 days notice for this.

Sit back and relax till 30th March lar

those who do interest calculation just have to remember to update your formula.. no longer /365 but /366, this year leap year!

meaning 10000 * 4% / 366 = RM1.09
if is /365 = RM1.10

so update your formula.. i totally forget about it till i did some calculation and got a little off on the numbers
after troubleshooting my formula baru find out is due to 365 vs 366
stupid me!

Rize apps keep sending notification said offer 4% valid till 31 mar 2024

that's correct.... but not what we want to know...hahahaha

I guess after 31st march we all have to move to GX bank

Mine moving to EPF/BTC

So i need to transfer RM4999.00 per day to avoid the 50 sen DuitNow charges ?

This post has been edited by ronnie: Mar 13 2024, 01:00 PM

looks like offer till 31 March 2024 only

it ain't over till the fat lady sings

needed to google what your reply means...

lolz

me not very highly educated one

This ls per transaction, not per day.

Just remember...

EPF don't provide liquidity like Digital banks or ASMx funds 🙏

Unless you're 55 or have 1mil balance above

My last few transfers over 5k have no 50 cents charges

interesting new updates..... since i'll stay below RM4999 per transaction when closing

Maybe reduce to 3.75% until June. Just my 2 sen

choiii