Wow man, so lucky of me.

I must be very careful not to withdraw too much from this CelcomDigi jar.

But no worries, next month I will be kicked out of the jar as I am not a CelcomDigi user. Your luck will come next month hehe

This post has been edited by TOS: Oct 3 2024, 10:14 PM

Yes interests are credited daily (since 29th September I think).

Do check out the magic numbers if you are interested:



This post has been edited by TOS: Oct 3 2024, 10:56 PM

All interests credited sequentially this morning from 12.05 am until close to 1 am for me.

This post has been edited by TOS: Oct 4 2024, 09:22 AM

Hi uncle.

If you mean special jars, all except CelcomDigi has a 25k limit (CelcomDigi's a 50k limit). Some members reported yesterday that the CelcomDigit jar is full already (hit 50 million MYR deposits liao), but you can try and see. If the jar is deactivated it means it's full.

As for the normal saving jars, you can place up to 1 million MYR per jar, and there is a cap of 200 million MYR, so far cap has not yet been reached.

This post has been edited by TOS: Oct 4 2024, 04:19 PM

This issue shows the advantage of withdrawing the daily interests as soon as possible upon crediting. Even if they wanna dispute, the money is out already.

It doesn't take too long, just a minute or two. Don't be lazy.

Yes, the figure is correct for the birthday jar. The maximum interest earnable is 3.42 based on the 25k limit per jar. Applying the round up trick, we only need to deposit enough money such that the interest is 3.415 and that magic number is 3.415*366/0.05 = 24997.80.

As for CelcomDigi jar, yes, if you use the same round up trick, then the amount to deposit is really 49959 only.

Damn, ikanbilis your round-up trick has endless applications! Banks gonna gulung tikar very soon because of you

Good afternoon uncle.

BoostBank has shifted to daily interest crediting since around 28/29 of September. Now your interests are paid daily, and normally, you can withdraw them around 12-1 am the next day.

So to answer your question, you are free to withdraw cash any time you like. Interest is paid based on end-of-day balance.

This post has been edited by TOS: Oct 4 2024, 04:19 PM

The savings from the round-up should be (25000-24997.80) * 5 (5 jars in total, birthday + 4 Sabah jars) + (50000-49959) * 1 jar (Celcomdigi jar) = 52 MYR.

You can put this 52 MYR anywhere you like, like Rize, TnG Go+ etc. (assume amount is small and no issues with withdrawal gating) etc.

Not sure if Rize will accrue the interests day after day or simply sum up the daily interests and pay out one lump sum at the end of the month. If it's the earlier case, you can still earn interests with other net deposit transactions in the subsequent days, if any. If it's the later case, you just need to top up a couple of ringgit to 55.46 MYR and you will earn 0.005 interests which will be rounded up to 0.01 MYR interest per day (but withheld by Rize system at the backend to be paid at the end of the month).

0.005*366+0.033 = 55.454545...

Either case, you gain from diversification as well since not all of your money is locked at BoostBank...

Think positive hehe

This post has been edited by TOS: Oct 4 2024, 04:43 PM

Yea Go+ may work, but 2 days ago my thousands got locked inside tnG eWallet for nearly the whole day... not gonna use their stupid service...

eWallets are not suitable for fast-in-fast-out transactions like these ones, they are regulated stricter than a typical bank.

But if you think you can bear the risk of 50-60 MYR locked inside your eWallet, can try lah. I just think that a 10-20 basis point premium over Rize is insufficient to compensate for the torture and anxiety resulting for the stupid, unpredictable withdrawal gating system. Your mileage may vary.

This post has been edited by TOS: Oct 4 2024, 05:02 PM

Maybe you stay in KL... My daily spending here at Butterworth is around 7-10 MYR only, all on food, paid with DuitNow QR. (When I am in Singapore, spending is 0, except on MRT and bus. Food, accommodation, gym all free in uni...)

In Butterworth, morning travel out to buy breakfast + lunch + dinner (all add together Rm 7-8, yes it's that cheap... roodside stall, save on the rent and stupid taxes), the rest of the day stay at home work, clean, cook, rest (and today... program trading bot on IBKR )

Weekend will spend a little more with my female classmate on dates, but that will not exceed 100 MYR for sure.

So if you notice, my spending will jump up suddenly every weekend, I doubt TnG eWaller can detect the jump as a normal spike... who knows they block me over the weekend... later my girl run away, I am gonna sue TnG!

Man, it's not easy to define the word "game"...

I can pay with GX Bank using DuitNow QR, then move money from Go+ to GX Bank to earn high interests on my remaining cash holdings. Then the next day move out again to TnG eWallet to pay in some other places which only accept TnG's QR code...

These are legitimate transactions, but are fast transfers in and out nevertheless in a short span of 24 hours. Is this "gaming"?

Again, the conclusion is eWallets are not suitable for the "game" we are doing here. It's for peanut retail spending, with amounts small and consistent all the time. We fast cash rollers hunting for every cent of extra interests need agile accounts like digital banks... move couple of thousands in and out with no question asked.

Will leave it here bro.

This post has been edited by TOS: Oct 4 2024, 10:52 PM

My side, so far all ok. I always check all interests are credited and withdraw them out before I sleep.

Ledger aside, the daily interests are credited into your jars/DSA right?

It's easier to track if you use the magic numbers... for special jars, if it's 36.60, then you would expect 36.61 if interests are credited successfully, if it's 109.80, then it's 109.82 etc...

Now we know good old GX Bank still the most reliable one lol

All interests are credited successfully as of now for my account.

Just like yesterday, all interests credited successfully...

Nothing wrong with BoostBank so far. All smooth-sailing...

There is one thing that you guys might want to be careful. The 6-digit PIN changing is a little troublesome...

And after you changed your PIN, it seems like BoostBank will not allow you to login to the app. You can only use Biometric fingerprint sensor thereafter...

Not sure if you guys have the same issue...

If the limit is hit, the jar should be deactivated and you can't add money into it anymore.

This post has been edited by TOS: Oct 7 2024, 09:42 PM

Yup, I can't deposit as well.

Guys, birthday jar is full!

Oh, I realize one thing.

The "fullness" of the birthday jar implies that it is now impossible to withdraw the daily interests out from the jar.

Since we are only allowed to withdraw 1 MYR at the minimum, once you withdraw RM 1.01 from the jar, you won't be able to deposit back RM 1 to effectively transfer out your 0.01 daily interest. And if you don't deposit up to the minimum magic number required to earn at least 0.01 MYR in daily interests, you are toast! You are lending money for free to BoostBank!

So, now the jar becomes some sort of a 1-month deposit at 5% p.a...

Be careful yea

This post has been edited by TOS: Oct 7 2024, 09:47 PM

Hmm where do you get 7320... and mind explaining the rationale behind (7320 - 36.60)?