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 BoostBank - By Axiata & RHB, Digital Bank of Malaysia

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TSnexona88
post Dec 1 2024, 09:20 AM

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QUOTE(TOS @ Dec 1 2024, 12:54 AM)
Android users update your BoostBank app.

Guys, the special jar interests dropped to 3.6% p.a. starting from this month (December)

No more 4% p.a. liao

T&C updated: https://myboostbank.co/sites/default/files/...ars%20T%26C.pdf

Time to move 1006.50 to GX Bank again. tongue.gif

New magic numbers:

2.5% DSA: 0.005*366/0.025 = 73.20 (subsequent topups to earn 0.01 MYR interest @2.5% p.a. = 146.4)
3.2% normal jar: 0.005*366/0.032 = 57.19 (subsequent topups to earn 0.01 MYR interest @3.2% p.a. = 114.38)
3.6% special jars (including Sabah jars): 0.005*366/0.036 = 50.84 (subsequent topups to earn 0.01 MYR interest @3.6% p.a. = 101.67)
*
Ahhh...

The start of down trending...

No more 4% but lower to 3.6%... later 3%... 2% so on...
SUSTOS
post Dec 1 2024, 10:48 AM

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QUOTE(SGSuser @ Dec 1 2024, 09:07 AM)
For 3.6% jars, the minimum amount to get maximum interest is it RM24,959.17?

Sorry if my calculation is quite off  laugh.gif
*
Let me add more info for those who wish to max up the BoostBank special jars. biggrin.gif

QUOTE(TOS @ Dec 1 2024, 12:54 AM)
Android users update your BoostBank app.

Guys, the special jar interests dropped to 3.6% p.a. starting from this month (December)

No more 4% p.a. liao

T&C updated: https://myboostbank.co/sites/default/files/...ars%20T%26C.pdf

Time to move 1006.50 to GX Bank again. tongue.gif

New magic numbers:

2.5% DSA: 0.005*366/0.025 = 73.20 (subsequent topups to earn 0.01 MYR interest @2.5% p.a. = 146.4)
3.2% normal jar: 0.005*366/0.032 = 57.19 (subsequent topups to earn 0.01 MYR interest @3.2% p.a. = 114.38)
3.6% special jars (including Sabah jars): 0.005*366/0.036 = 50.84 (subsequent topups to earn 0.01 MYR interest @3.6% p.a. = 101.67)

For those interested in maxing out 3.6% special jars:

Assuming 25k max cap for all special jars (except CelcomDigi), solve for n (n must be integer): 50.84+101.67*n < 25000 -> you get n < 245.39, i.e., n = 245. So deposit 50.84 + 101.67 * 245 = 24959.99 and you get daily interests of 0.01 * 246 = 2.46 MYR.

Let's push it further. If I can get 2.46 MYR in daily interests, I might as well apply another round of round-up trick. I aim for 2.455 MYR in daily interest instead of 2.46 (makan another 0.05 MYR daily interest from BoostBank  laugh.gif )

So, now the magic number is 2.455*366/0.036 = 24959.17

For CelcomDigi jar, max cap is 50k, again we solve for n (n must be integer): 50.84+101.67*n < 50000 -> you get n < 491.287, i.e., n = 491. So deposit 50.84 + 101.67 * 491 = 49970.81 and you get daily interests of 0.01 * 492 = 4.92 MYR.

Using the same round-up trick as before, the ultimate magic number we seek is 4.915*366/0.036 = 49969.17
*
This post has been edited by TOS: Dec 1 2024, 12:07 PM
SGSuser
post Dec 1 2024, 11:17 AM

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QUOTE(TOS @ Dec 1 2024, 10:48 AM)
Let me add more info for those who wish to max up the BoostBank special jars. biggrin.gif
*
I recheck back posts from early November for 3.6% jar, the maximum was RM24,959.17

But this time it's RM24,959.99? Am confused confused.gif laugh.gif
poooky
post Dec 1 2024, 11:24 AM

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Boost card not so worth for overseas transaction. 1.25% boost fees. Better use gxbank for overseas until end of year.
SUSTOS
post Dec 1 2024, 12:04 PM

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QUOTE(TOS @ Dec 1 2024, 10:48 AM)
Let me add more info for those who wish to max up the BoostBank special jars. biggrin.gif
*
Ahaha I know why liao...

QUOTE(SGSuser @ Dec 1 2024, 11:17 AM)
I recheck back posts from early November for 3.6% jar, the maximum was RM24,959.17

But this time it's RM24,959.99? Am confused  confused.gif  laugh.gif
*
Yes, it's 24959.17. because... to get 2.46 MYR in interests, I only need to aim for 2.455 MYR in daily interests, so that means principal = 2.455*366/0.036 = 24959.17

That's the extra condition. rclxm9.gif
SUSTOS
post Dec 1 2024, 12:10 PM

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Latest updated magic numbers. biggrin.gif

QUOTE(TOS @ Dec 1 2024, 12:54 AM)
Android users update your BoostBank app.

Guys, the special jar interests dropped to 3.6% p.a. starting from this month (December)

No more 4% p.a. liao

T&C updated: https://myboostbank.co/sites/default/files/...ars%20T%26C.pdf

Time to move 1006.50 to GX Bank again. tongue.gif

New magic numbers:

2.5% DSA: 0.005*366/0.025 = 73.20 (subsequent topups to earn 0.01 MYR interest @2.5% p.a. = 146.4)
3.2% normal jar: 0.005*366/0.032 = 57.19 (subsequent topups to earn 0.01 MYR interest @3.2% p.a. = 114.38)
3.6% special jars (including Sabah jars): 0.005*366/0.036 = 50.84 (subsequent topups to earn 0.01 MYR interest @3.6% p.a. = 101.67)

For those interested in maxing out 3.6% special jars:

Assuming 25k max cap for all special jars (except CelcomDigi), solve for n (n must be integer): 50.84+101.67*n < 25000 -> you get n < 245.39, i.e., n = 245. So deposit 50.84 + 101.67 * 245 = 24959.99 and you get daily interests of 0.01 * 246 = 2.46 MYR.

Let's push it further. If I can get 2.46 MYR in daily interests, I might as well apply another round of round-up trick. I aim for 2.455 MYR in daily interest instead of 2.46 (makan another 0.05 MYR daily interest from BoostBank  laugh.gif )

So, now the magic number is 2.455*366/0.036 = 24959.17

For CelcomDigi jar, max cap is 50k, again we solve for n (n must be integer): 50.84+101.67*n < 50000 -> you get n < 491.287, i.e., n = 491. So deposit 50.84 + 101.67 * 491 = 49970.81 and you get daily interests of 0.01 * 492 = 4.92 MYR.

Using the same round-up trick as before, the ultimate magic number we seek is 4.915*366/0.036 = 49969.17
*
Medufsaid
post Dec 1 2024, 12:19 PM

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Want to add that you have to maximise KDI save first. RM50k @ 4%

Put emergency cash into Boost. Maybe 10-20k max. Unless you already maxed out KDI save

This post has been edited by Medufsaid: Dec 1 2024, 12:22 PM
TSnexona88
post Dec 1 2024, 12:31 PM

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PSA:

Don't have to spam report for silly reasons..

Later topic get locked...

TQ 🙏
akafoz
post Dec 1 2024, 12:33 PM

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Received and trying to use debit card to reload tng ewallet but keep failing, anyone could reload today?
cybpsych
post Dec 1 2024, 12:41 PM

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QUOTE(akafoz @ Dec 1 2024, 12:33 PM)
Received and trying to use debit card to reload tng ewallet but keep failing, anyone could reload today?
*
what amount u put?

try lower like 100 or 200
akafoz
post Dec 1 2024, 12:43 PM

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QUOTE(cybpsych @ Dec 1 2024, 12:41 PM)
what amount u put?

try lower like 100 or 200
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I only do Rm84 ..
SUSsexysarah1992
post Dec 1 2024, 01:54 PM

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QUOTE(ccschua @ Nov 29 2024, 11:22 AM)
why is that whenver i screenshot boost bank app, it returns blank screen?
*
Security feature. It happens when using iphone. Android not sure
SUSTOS
post Dec 1 2024, 02:05 PM

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BoostBank social media strategists working on Sunday! laugh.gif

user posted image


SUSsexysarah1992
post Dec 1 2024, 02:23 PM

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QUOTE(TOS @ Dec 1 2024, 02:05 PM)
BoostBank social media strategists working on Sunday!  laugh.gif

user posted image
*
I just use the boostbank debit card to pay. Dont have any cashback oso
SUSTOS
post Dec 1 2024, 02:26 PM

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QUOTE(sexysarah1992 @ Dec 1 2024, 02:23 PM)
I just use the boostbank debit card to pay. Dont have any cashback oso
*
Given their lousy IT backend, let's wait for a couple of days. It's Sunday after all. GLC workers surely not working tongue.gif
CODDarkKnightDk
post Dec 1 2024, 02:28 PM

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QUOTE(TOS @ Dec 1 2024, 12:10 PM)
Latest updated magic numbers. biggrin.gif
*
Sorry so basically we put the old or new numbers for this month?
SUSTOS
post Dec 1 2024, 02:32 PM

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QUOTE(CODDarkKnightDk @ Dec 1 2024, 02:28 PM)
Sorry so basically we put the old or new numbers for this month?
*
Err, in short: old number is new number.

Previously, (prior to Dec 1, 2024) the Sabah jars pay 4% p.a., and the Birthday + CelcomDigi jars pay 3.6% p.a.

Now, Sabah jars plus birthday and CelcomDigi jars ALL pay 3.6% p.a., so the 4% magic numbers no longer apply, and the 3.6% p.a. magic numbers now apply to ALL special jars (inclusive of the Sabah ones.)
SUSTOS
post Dec 1 2024, 03:36 PM

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BoostBank login failure on Android phone. No updates from Play Store yet.

Update: system restored. No issue now.

This post has been edited by TOS: Dec 1 2024, 03:58 PM
rollinginsodeep
post Dec 1 2024, 04:13 PM

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QUOTE(sexysarah1992 @ Dec 1 2024, 02:23 PM)
I just use the boostbank debit card to pay. Dont have any cashback oso
*
maybe its not instant?
ericlaiys
post Dec 1 2024, 04:52 PM

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2 special jar has closed and move all the money to main account. left 2 special jar

This post has been edited by ericlaiys: Dec 1 2024, 04:54 PM

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