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 BoostBank - By Axiata & RHB, Digital Bank of Malaysia

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SUSTOS
post Oct 1 2024, 01:47 PM

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QUOTE(gempakstarz @ Oct 1 2024, 01:43 PM)
i got daily interest starting 29/9
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Do you guys check that you have deposited money spanning multiple days consecutively?

There is a chance that you deposited money on 22nd, 24rd and 24th September (each day got money entering either the DSA or saving jars), so one week later, on 29th, 30th Sept and 1st of October, you will receive interests 3 days consecutively.

It looks like daily interests but it is not, it's just due to the fact that you deposited money consecutively every day a week ago.
sam93xxxxx
post Oct 1 2024, 01:50 PM

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QUOTE(cclim2011 @ Oct 1 2024, 01:42 PM)
my only question now is the nonspecial jar and/or saving acct, is it still 3.6... haha..

parking my monthly credit card repayment. used to use rize. 😁
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Non special jar (aka Saving account) 2.5% if u hit to the rank Platinum resident in Boost.

Normal Saving jar 3.6% (Limit up to 6 jars)

Special jar
- CKS, Bataras, Farley, Servay, Boost birthday (5%)
- CelcomDigi (4%)
skymade
post Oct 1 2024, 01:56 PM

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QUOTE(TOS @ Oct 1 2024, 01:34 PM)
Right, then it's time to move money form GX entirely to BoostBank...

Magic numbers to try out:

Normal DSA: (0.005/0.025)*366 = 73.20 MYR assuming 2.5% daily interest (effective rate 5% p.a.)
Normal saving jars: (0.005/0.036)*366 =  50.84 MYR assuming 3.6% daily interest (effective rate 7.2% p.a.)
5% special jars: (0.005/0.05)*366 = 36.60 MYR assuming 5% daily interest (effective rate 10% p.a.)

cclim2011 and skymade can you guys confirm that you deposited at least 73.20/50.84 into the DSA or normal saving jars. (For the 4% saving jars last month, to earn at least 0.01 MYR interest the magic number should be (0.005/0.04)*366 = 45.75 MYR.) You guys deposited at least the above numbers and got daily interests?
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Sorry, I didn't play around the magic number. tongue.gif
For example, a normal saving jar (3.6%) with RM525 starting on 29-Sept:

30-Sept:
- Interest paid 0.05, morning
- Deposit-in 75, at night

1-Oct:
- Interest paid 0.06, morning.

I don't have 4% jar.

This post has been edited by skymade: Oct 1 2024, 01:58 PM
songokujames
post Oct 1 2024, 02:10 PM

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now celcomDigi special jar also become 5%
cclim2011
post Oct 1 2024, 02:15 PM

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QUOTE(sam93xxxxx @ Oct 1 2024, 01:50 PM)
Non special jar (aka Saving account) 2.5% if u hit to the rank Platinum resident in Boost.

Normal Saving jar 3.6% (Limit up to 6 jars)

Special jar
- CKS, Bataras, Farley, Servay, Boost birthday (5%)
- CelcomDigi (4%)
*
thanks!
gempakstarz
post Oct 1 2024, 02:17 PM

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QUOTE(TOS @ Oct 1 2024, 01:47 PM)
Do you guys check that you have deposited money spanning multiple days consecutively?

There is a chance that you deposited money on 22nd, 24rd and 24th September (each day got money entering either the DSA or saving jars), so one week later, on 29th, 30th Sept and 1st of October, you will receive interests 3 days consecutively.

It looks like daily interests but it is not, it's just due to the fact that you deposited money consecutively every day a week ago.
*
nope no deposit..only withdraw haha..29/9 is a weekly interest, 30/9 and today are daily interest
lkwah86
post Oct 1 2024, 02:17 PM

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QUOTE(lkwah86 @ Oct 1 2024, 11:51 AM)
There is a maximum individual cap of RM25,000. The promotional interest rate will only apply to the first RM25,000 saved in the Boost Birthday Jar
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QUOTE(btjunkster @ Oct 1 2024, 12:38 PM)
Any idea what is the max amount that one could put into Birthday Jar?
*
lkwah86
post Oct 1 2024, 02:19 PM

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QUOTE(songokujames @ Oct 1 2024, 02:10 PM)
now celcomDigi special jar also become 5%
*
Only from 1 Oct to 31 Oct 5% p.a.
1 Nov - 7 Nov 4% p.a.
tsutsugami86
post Oct 1 2024, 02:20 PM

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if change to daily interest, the magic number need to amend
TSnexona88
post Oct 1 2024, 02:25 PM

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So what's the new magic numbers then brows.gif drool.gif
skymade
post Oct 1 2024, 02:26 PM

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Haha, looks like Boost Bank is "All-In" trying to attract more and more customers starting today.

So many changes in a day and haven't officially announce yet, stay tune for more changes.

This post has been edited by skymade: Oct 1 2024, 02:27 PM
TSnexona88
post Oct 1 2024, 02:31 PM

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Thanks partly to Rize reducing their rates whistling.gif
cclim2011
post Oct 1 2024, 02:33 PM

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i think the daily interest will come after last weekly interest. my last weekly interest was 27th.
TSnexona88
post Oct 1 2024, 02:47 PM

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From: REality
QUOTE(lkwah86 @ Oct 1 2024, 02:19 PM)
Only from 1 Oct to 31 Oct 5% p.a.
1 Nov - 7 Nov 4% p.a.
*
At least something

Good timing after Rize reduce the rates...

Boost got chance to capture some of the $$$
brandonkl
post Oct 1 2024, 03:21 PM

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Boost daily transfer limit is now RM50k, up from RM10k previously.
SUSTOS
post Oct 1 2024, 04:04 PM

Look at all my stars!!
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Joined: Aug 2019
From: Penang <-> Singapore


QUOTE(tsutsugami86 @ Oct 1 2024, 02:20 PM)
if change to daily interest, the magic number need to amend
*
QUOTE(nexona88 @ Oct 1 2024, 02:25 PM)
So what's the new magic numbers then brows.gif drool.gif
*
Magic numbers as follow:

Normal DSA: (0.005/0.025)*366 = 73.20 MYR assuming 2.5% daily interest (effective rate 5% p.a.)
Normal saving jars: (0.005/0.036)*366 = 50.84 MYR assuming 3.6% daily interest (effective rate 7.2% p.a.) * 8 jars = 406.72 MYR maximum
5% special jars: (0.005/0.05)*366 = 36.60 MYR assuming 5% daily interest (effective rate 10% p.a.) (per jar)

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


Alright I trust you all, I am going to transfer from GX Bank to this one...

GX Bank's 4% pales in comparison to BoostBank this time...

This post has been edited by TOS: Oct 1 2024, 04:09 PM
ericlaiys
post Oct 1 2024, 04:34 PM

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ordered boost bank debit card. virtual first, still think what is the benefit of physical except withdraw cash.
songokujames
post Oct 1 2024, 04:38 PM

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QUOTE(ericlaiys @ Oct 1 2024, 04:34 PM)
ordered boost bank debit card. virtual first, still think what is the benefit of physical except withdraw cash.
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got RM10 cashback?
Ultra+
post Oct 1 2024, 04:39 PM

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Special jar
- CKS, Bataras, Farley, Servay, Boost birthday (5%)

These special jars, need to spend at respective companies only can get 5% right?
gempakstarz
post Oct 1 2024, 04:42 PM

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QUOTE(Ultra+ @ Oct 1 2024, 04:39 PM)
Special jar
- CKS, Bataras, Farley, Servay, Boost birthday (5%)

These special jars, need to spend at respective companies only can get 5% right?
*
yup

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