Can get the RM 0.01 today for special jar amount RM 36.60.
Tomorrow only check the rest of saving jars. The system is calculating the interest.

im still wrapping up my head around things since i just created my account.

but coming from gx previously, basically im familiar with the gist of it.

So right now my strat is:
5% celcomdigi = used 50k/50k.
5% bday jar = used about 15k/25k

what im gonna do next:
5% S&S jar = 36.60 x4
3.6% savings jar = 50.84 x8
2.5% main account = 73.20

then from here on, whatever excess funds i continue dump into the bday jar

am i understanding it right?

This post has been edited by Optizorb: Oct 2 2024, 12:50 AM

Don't worry, I did it already 36.60 on special jars (5%), and 50.84 on normal jars (3.6%). Can confirm your formula works (unlike Rafizi)




Indirectly, Boost Bank become first Malaysia bank to give double digit effective annual interest rate (10%) in the 21st century lol

This post has been edited by ASoulNamedLeo: Oct 2 2024, 12:52 AM

First, your aim is to maximize the highest effective rate. That means you double the 5% birthday/partner promo jars to 10%. I computed the figure to be 36.60 MYR.

Then, you move to the next highest effective rate, i.e., the normal saving jars, you seek to double the rates from 3.6 to 7.2%, I computed the figure to be 50.84 MYR per pocket for a total of 8 pockets maximum = total 406.72 MYR.

Lastly you double the DSA rate from 2.5% to 5% = magic number is 73.20 MYR.

--------------------------------------

After this, you dump all your remaining money back into the 5% birthday jar and promo jars up to the maximum limit possible. Remember, for the special jars, anything above 36.60 MYR will earn 5% p.a. (the marginal interest rate).

After you hit the limit for all special jars, dump 1006.50 MYR into GX Bank to earn the 4% effective rate.

If there's anything leftover, you then dump the rest into the normal saving jars (for effective rate of 3.6% p.a.)

If all 8 saving jars at BoostBank are full, you go down the "effective rate chain" further and move money to Rize (3.3%).

Further down you have TnG Go+ of around 3.4% p.a., and further down you have AEON Bank 3% -> BoostBank DSA 2.5% p.a. (anything above 73.20 MYR earns marginal rate of 2.5% p.a.) -> GX Bank 2% p.a. (anything above 1006.50 at GX Bank earns marginal rate of 2% p.a.).

Congrats man!

lol BoostBank broke record... first digital bank to give 10% effective rate to users

We are now sure that DSA, normal saving jars, and special saving jars interests are ALL credited daily!

Thanks for the screenshots.

for the celcomdigi jar, in order to activate 5% interest, can use BOOST bank debit card to pay directly to digi bill RM20 then can entitle for the 5% interest already right?

anyone tried?

Well ... our 12-month, 4% term deposit campaign is still available until end of year. Bank Islam only offers this via Be U app. Details: https://getbeu.com/campaigns/BeU-TermDeposit-i-Extra

yea, want to know if they lift the celcomdigi jar terms&conditions. since a lot of changes happened within the last 2-4 days

finally one step closer to a real bank..

i get both birthday jar and celcom digi 5% one

i want deposit money to special jar but it fails. why?

Thank you.
I going to try yr magic number on GxBank, since it's empty now.

4% p.a. effective rate only on the first 1006.50. Anything above that earns 2% p.a., i.e., the marginal interest rate.

means maks 1006.50 keep in it, right?


By the way, the Boost JAR birthday can take out anytime, right?

This post has been edited by Wolgie: Oct 2 2024, 10:14 AM

Make sure it's 91.50 MYR per saving pocket for GX Bank. Minimum per pocket MUST be 91.50 to earn the minimum 0.01 MYR interest per day. You can open a maximum of 10 saving pockets at GX Bank + 1 main account, hence 91.50 * 11 = 1006.50.

DO NOT put 1006.50 in just one saving pocket/main account. The effective rate will just be 2% p.a. if you do this.

-----------------------

Yes, Boost birthday jar can be emptied anytime.

I am starting to like digital banks... round-up tricks, no gated withdrawals, a far cry from my experience with ewallets...

You don't spend at CKS and Batamas?
I will go to spend at Farley later this month.

This post has been edited by ClarenceT: Oct 2 2024, 10:29 AM

Thanks. sorry double post in GXbank there. Will back there.

Got spend. but not this 2 days. But still activate. even Farley activate.
let see tomorrow get interest or not

This post has been edited by Wolgie: Oct 2 2024, 10:34 AM

anyone know the magic number for tng go+, and does it work?

No magic number for Go+ as the backend is an MMF, the returns fluctuate based on daily deposits/withdrawals plus market interest rates, even though they pay you daily interests.

And don't use their service. Withdrawal from TnG ewallet is a hassle and subject to gating as they like. You don't enjoy the same liquidity as a conventional/digital bank. They will ban you if they like as well.

This post has been edited by TOS: Oct 2 2024, 11:02 AM

Got Apply BoostCard? Any benefit?