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Banking GXBank - First Malaysian Digital Bank (by Grab), UNLIMITED 1% cashback+3% p.a. interest!

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cclim2011
post Apr 5 2024, 08:40 PM

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QUOTE(CyberKewl @ Apr 5 2024, 07:38 PM)
funny thought: u guys argue so much - could have save time by not arguing (just let is be the amount max out RM 5K X 10) and even u lose out a bit doesnt matter cos if u can do this - Can i buy back time with RM X? Would you? And its a small amount anyway..i not gonna crack my head or bother to read too detail the magic number etc, but interesting to see all the fun and complex calculations here LOL.
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just a hobby / pastime. the satisfaction is similar to what you get from other hobbies.

thanks for those sharing. dont be shy to share again 😆
cclim2011
post Apr 5 2024, 11:15 PM

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QUOTE(soonwai @ Apr 5 2024, 10:05 PM)
Ya, for fun only. Somehow calculating 4941 vs 5000 is very satisfying. If want more, just go UOB* 6k 1 month RM388.
*see Unifi thread.
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unfortunately my UOB app can never open that saving acct.
always asked me to go branch lol
sorry OOT
cclim2011
post Apr 9 2024, 09:28 AM

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QUOTE(soonwai @ Apr 8 2024, 10:53 PM)
Did GXBank for my daughter so have another 10 pockets. She was so happy that she got RM16 out of thin air. Just need to convince wife to come up with RM49K. Wife still refuse to open GXBank, don't trust digital banks. My mum too.  sad.gif

As for UOB, last week my daughter's application declined also. Same as you, app says go branch. Called CS say must go branch so we went to UOB today. Bank officer there say the promo must open using app. Gave us tips: don't use student or retiree as occupation. Officer waited while we did the application again via app and it went through. Daughter had a part-time job so just pretend she hasn't quit yet. LOL

Then went hunting PBB for Mastercard debit card but that's another topic... (tldr; 2 PBB branches I went to only issuing VISA debit cards)

Today whole day, just go banks... (1 more PBB to go tomorrow)
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my nearest branch is like 15km away with jams lol.
i dont get chance to fill in occupation also.
guess i have had accts with them before or what. it's ok. just that they keep sending sms to me asking me to open acct. 😴

This post has been edited by cclim2011: Apr 9 2024, 09:30 AM
cclim2011
post Apr 11 2024, 12:39 AM

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4941.42 (didnt move that 0.42 yesterday) will get 0.68 😂
well coz the calculation was 3% and 2% separately i guess.
cclim2011
post Apr 11 2024, 07:35 AM

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delete

This post has been edited by cclim2011: Apr 11 2024, 07:43 AM
cclim2011
post Apr 11 2024, 09:53 AM

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QUOTE(Optizorb @ Apr 11 2024, 09:19 AM)
thanks for confirming.
seems like what i said earlier is true then..

» Click to show Spoiler - click again to hide... «

no issue actually, i mean yea there is one now for those who had .00 in pocket compared to the others with .xx, but that one got to do with gx backend more so than the interest crediting formula itself.

so 4941 is perfectly fine, and if im right, tomorrow's crediting will suddenly become the correct amount 0.68 because now i have .xx inside the pocket from today's crediting.

For for those late comers, do 4941.xx for first day to avoid this issue. Cause dont know when gx would fix it.
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very interesting hiccup at gx side. interested to see the outcome of the inquiry on this from someone earlier. good catch actually.

cclim2011
post Apr 11 2024, 09:56 AM

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QUOTE(Barricade @ Apr 11 2024, 09:41 AM)
If you guys focus your energy on something more productive I’m sure you’ll earn more than the extra 1 cent
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guess this is where it's about principles come in.
it is actually productive in many's eyes.
cclim2011
post Apr 11 2024, 10:07 AM

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QUOTE(Barricade @ Apr 11 2024, 10:05 AM)
There's principle and there's also being petty. Having principle over substantial amount is fine. Over 1 cent? That's bullshit to me. Imagine when people start harassing GX support team over 1 cent.  rclxub.gif
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it's being meticulous la. as saying goes, details decide successes.
understand your standpoint, but that doesnt entitle for saying bullshitting

This post has been edited by cclim2011: Apr 11 2024, 10:08 AM
cclim2011
post Apr 11 2024, 01:42 PM

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QUOTE(000022 @ Apr 11 2024, 11:13 AM)
https://help.gxbank.my/deposits/Interest%2C...t_calculated%3F

Hmm, i tried following as well:

5% / 366 = 0.00013661202 (cut off to 11 places according to their formula rounding on the page above)
0.00013661202 * 4941 = 0.67499999082

so rounded to 0.67

Am i doing something wrong here
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i think you got it. 5%/366 first and got truncated before *4941

5%*4941 / 366 you will get 0.675

ps. 4941.01 might make it in this sense lol. i will try 😁


This post has been edited by cclim2011: Apr 11 2024, 02:05 PM
cclim2011
post Apr 11 2024, 02:41 PM

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QUOTE(Optizorb @ Apr 11 2024, 02:38 PM)
user posted image
how did you get 0.674?  hmm.gif  hmm.gif
mine shows 0.675. when rounded becomes 0.68

also it doesnt matter what you truncated first.
end result is the same. fact is 4941 should be getting 0.27 not 0.26.
the only factor is who gets 0.26 vs 0.27 is people who had clean pockets .00 or people who had some leftovers in pockets .xx
user posted image
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i use phone calculator. showed this. guess there is a setting on the decimal points for the final answer. might need more for yours.

user posted image

This post has been edited by cclim2011: Apr 11 2024, 03:03 PM
cclim2011
post Apr 11 2024, 04:22 PM

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QUOTE(ronnie @ Apr 11 2024, 04:13 PM)
i've set one pocket to RM4941.01 while the rest has RM4941.41  rclxms.gif  brows.gif
See if tonight will lose the one sen or not.
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me too one pocket... but others 4941.xx la or 4942.xx

lazy to move the changes 😂
cclim2011
post Apr 12 2024, 08:55 AM

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software test.
expensive service.
customers are providing service haha.
need ro charge a bit. 😝
cclim2011
post Apr 12 2024, 04:16 PM

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QUOTE(ronnie @ Apr 12 2024, 03:58 PM)
i already have RM61 in main account...earning 1 sen per day (3% base interest)
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6% effective rate. 😀
cclim2011
post Apr 18 2024, 11:08 AM

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QUOTE(ronnie @ Apr 18 2024, 08:35 AM)
reply will be :
Our system uses a specific algorithm for this calculation, which might result in a slight difference (e.g., RM 0.01) compared to the figure generated by a regular calculator.
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aiyo 😝

ok la. their reply is good enough for all parties. 😂


cclim2011
post Apr 24 2024, 10:52 AM

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QUOTE(ronnie @ Apr 24 2024, 10:38 AM)
i got the 5%+2% Raya bonus on time... reported at 12:45AM hahahha
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hello 7% kah hahaha
cclim2011
post May 3 2024, 01:24 PM

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rm61 for 6% effective interest. 😁
cclim2011
post May 3 2024, 02:20 PM

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QUOTE(Ramjade @ May 3 2024, 01:32 PM)
Where to get 6%p.a if 6% I leave it with gxbank.
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0.01*366/61
lol
cclim2011
post May 3 2024, 02:52 PM

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QUOTE(Medufsaid @ May 3 2024, 02:44 PM)
so that everyone is clear on this

pockets amount daily interest
main RM61.01 RM0.005 round up to RM0.01
pocket 1 RM61.01 RM0.005 round up to RM0.01
pocket 2 RM61.01 RM0.005 round up to RM0.01
.... ... ...
pocket 9 RM61.01 RM0.005 round up to RM0.01
pocket 10 RM61.01 RM0.005 round up to RM0.01
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so far my rm61 main has been getting 1 cent la. no need rm61.01

hahaha. but not so free like everyday go withdraw 1 cent la. now my main is at 61.08 lol
cclim2011
post May 3 2024, 03:01 PM

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QUOTE(guy3288 @ May 3 2024, 02:39 PM)
whoa very keng lah you guys... :thumbsup:  :thumbsup:
kasi squeeze sama gx cukup cukup..
can be like 1 sen thief
semua buat mati lor gx...
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wont mati la.

good to contribute some back to malaysia(ns) lo



This post has been edited by cclim2011: May 3 2024, 03:13 PM
cclim2011
post May 3 2024, 03:27 PM

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QUOTE(virtualgay @ May 3 2024, 03:21 PM)
we are 11 cents thief
main wallet + 10 pockets!!

11 cents x 30 days
RM3.30 per month not bad ma
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ya it's 6%. i will take it. 😂


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