WEBSITE:
https://myboostbank.co/










Ready to bank like you never have to?

We're currently in the Alpha Testing Phase, but let us know if you're keen! We'll reserve a spot for you to be among the first to experience Boost Bank at launch.

https://forms.office.com/pages/responsepage...lRER09NUTdYNC4u

Download Boost Bank
https://myboostbank.co/download-boost-bank

This post has been edited by nexona88: May 26 2024, 01:43 PM

Birthday(Celebration) Jar


CelcomDigi Jar


This post has been edited by nexona88: Jan 3 2025, 08:20 PM

Still alpha testing.. probably gonna take a month.

Then go beta.. then another month.

Then only public.


This post has been edited by Natsukashii: Jan 24 2024, 04:11 PM

MMF 5% mou

👀🍟🤭🍷

They are target mid March to rollout to public so they have already timeline only need approval from BNM before mass rollout

Won’t happen 🤦‍♀️ as they will have burn 2% so you will be lucky if you getting 2 to 3%

anyone joins their first experience?

Interface macam similar to GS bank

How did you know?

Goldman Sachs??

https://www.goldmansachs.com/index.html

Not similar 🤦‍♀️ the only thing look the same is the saving jars and card activation interface not the main dashboard

From the screenshot of savings jar

the features is identical like GXBank. Interface look almost same like Boost ewallet. Not surprise as early sign up did ask about existing boost account.
However wonder what benefit gain when integrate with boost ewallet except reload boost ewallet?

Boost Bank app is available to download

any benefit?

wait for public announcement. wont be so fast

Manyak laju u boss.. 🤣
Previously there was a survey sent out by boost
They were targeting to give 3.5% but whether thats gonna happen or not..have to wait for them to open the registration bah

don't expect debit card to be ready so soon.

they haven't even got the card issuing license approved.

no card BIN has been assigned to boost bank berhad until they are approved to issue cards

Let'see whether their interest rate can beat GX

is it different from the beyond card? or migrating? or dual source?

different entity and different card type

Cannot register stuck in term of condition ,cannot scroll down not sure my phone or the app .

only interested if the interest rate offered can beat both Rize & GX or not

most attractive part is no charges for topping-up via cc up to 2k, abandoning tng ewallet now.

how did you know this for BoostBank, which is a digital bank?

not quite understand your question but i use my uob card to top-up my boost ewallet. they keep track of you cc top-up by showing how much left can be topped up with cc.

dude, this topic is about BoostBank, which is a digital bank

what you posted (blindly) was about Boost eWallet. The actual topic is here https://forum.lowyat.net/topic/4698581

boostbank and boostmymoney(inside boost app) is different product...

oops, wrong thread. sorry.

Boost Bank, a digital bank venture by RHB Bank and Boost Holdings, an indirect subsidiary of Axiata Group, has received an additional RM8.5 million from its shareholders.

RHB Bank contributed RM3.4 million to maintain its 40% stake, while Boost Holdings added RM5.1 million to keep its 60% stake.

this one old news

So Boost ewallet also will continue to exist as separate app?

different business mah

How is it different?

With the bank app also will have duitnow QR.

It's just that e-wallet have limit in total amount can be kept.

feel free to argue this with bnm as they are the one issuing the license to operate

RHB Bank has it own Duitnow QR but also owns Boost Bank.
CIMB has it own Duitnow QR but also owns TNG Digital.
Maybank has it own MAE but also owns Grabpay.

Different legal entities.

Alright, seems that's the answer.

Does Maybank own Grabpay?

Since when??

What I know it's under Grab Holdings Inc

This post has been edited by nexona88: Apr 18 2024, 01:11 PM

Thats why I commented to ask.

Maybank and Grab own GPay Network (Grabpay).

https://theedgemalaysia.com/article/newsbre...digital-banking

new update on boost app has boostbank. launching soon

it's about time bruhh

what's their opening promo..

wah, only 1.5% for boost bank?

Ouch.. baik simpan kat Bank G je 😆

Oppss….data leak.
Someone expected to be higher than GXBank (3%). 1.5% from Boost seem lower…

What the different platinum president? I already gold basic….Next level on boost

This post has been edited by ericlaiys: May 12 2024, 12:33 PM

Boost really needs to step up majorly if they can just offer a paltry 1.5%. Even though 3% is not the best in the market, I'm very happy with GX combo offering of waived ATM fee, waived FX txn, and Pockets feature.

Boost owned by Axiata? No wonder the promos so conservative

Lousy promo. Even gx bank I took out after the promo period and dump back into my ocbc 360

Lucky it's lower than GX/Rize... can skip

only 1.5% for boost bank?

okay can skipped already

SAVINGS ACCOUNT
Open a Savings Account & make your money work harder for you, all without doing a thing.


SAVINGS JARS
Your dreams, unlocked. Create a Savings Jar, set your goals & watch your money skyrocket.


REWARDS

Coming soon. Unlock boosted interest rates, exclusive benefits & more!


Bank Like You Never Have To. Ever.
Download the Boost Bank app to experience true digital banking.


Savings Account
Earn up to 2.5% p.a. daily interest on Savings Account*


Savings Jars
Earn up to 3.6% p.a. daily interest on Savings Jars*


Rewards
Rank up to Platinum President to enjoy higher interest, 3x Boost Stars & exclusive partner benefit


BOOST BANK APP
Not part of the Boost family yet? Download the Boost Bank app to create your Boost Bank account.


Sos

This post has been edited by iamoracle: May 26 2024, 01:36 PM

late to the games. if less than 3.88% (1.5% cashback) or 3% (1% cashback+ free withdrawal + no foreign rate), think no one will open account with them as boost bank only can link to boost wallet.
now gold also 3x point. Make no difference

This post has been edited by ericlaiys: May 26 2024, 02:19 PM

boost bank still couldn't issue debit card yet

no approval given to issue card.

better wait first.

It is too late and the lowest among the first. We believe their registration must be not good.

Another 2 more digital bank missing. Shopee and Kaf? Quite surprise that maribank launched yet Malaysia still unknown fate

You forgot about RHB bank too

Axiata & RHB

How much for ocbc360?

Mark your calendar- boost bank going live on 6 June
https://ringgitplus.com/en/blog/bank-news/b...Ppa6YNeEaY8FV8o

Complex tiering to get better interest rate.... skip

Give up. Too late to launch it and everyone has gathered.

Exactly.. the longer, the less user.

Unless got something to attract customers

Boost probably slow

But if I'm not mistaken Aeon didn't had the debit card approval but after launch, got debit card already..

Boost will not be attractive than GX and AEON I believe.

Anyone has registered their interest with Boost Bank?


This post has been edited by Sunshape: May 27 2024, 01:40 PM

Aeon I'm not sure, I open the account haven't used it yet.

GX definitely cannot. Made in Singapore. Look at the app, in my opinion.. it's very nice. Aeon still buggy, maybe give a year and judge. But for a start it's quite okay.

Boost bank will be made in Malaysia. Look at Celcom life app, and also RHB app... Axiata also makes Yoodo app, so laggy on my flagship android. Can guess the quality of boost bank app. But I'm being pessimistic and hope that I'm wrong. Maybe iPhone apps are smooth.

It might be separate app, despite the current boost ewallet has bank section. Different entity I believe.

I don't like inside Boost app has so many things. Pening to see all.

All cakpalang

I use boost only for one purpose.. auto reload my prepaid

Yes, these days so many unnecessary stuff, like MAE also.. sama sama lokal..

3.6% p.a. daily interest on Savings Jars*

will see how long the promo period

3.6% is not attractive now. Aeon offer 3.88%

Boost bank would be a stillborn if they got nothing to attract the current GX bank and Rize users

jacklsw86 boost is backed by RHB. it'll probably be fine. GX (grab + singtel) & Aeon mcm no traditional banks backing

This post has been edited by Medufsaid: May 27 2024, 04:32 PM

Please [Vote the new debit card design]. at least their design is better than aeon
https://share.hsforms.com/1Z8WkexAlS2So13Zk...rqz7twxwS_88ggz

This post has been edited by ericlaiys: May 27 2024, 04:37 PM

Way better than Aeon Bank disgusting colour and design

Because of Rhb bank.. That's how a banker see

Black design is better

Probably both color also will be offered anyway

But yea, I'd vote black.

Boost Bank To Offer Up To 3.6% p.a. Daily Interest For Deposit Products

Boost Bank has revealed that its deposit products will offer up to 3.6% p.a. daily interest, as it prepares for its upcoming launch as the third digital bank to go live in Malaysia on 6 June 2024.

On its website, the bank highlighted that customers will be able to earn up to 2.5% p.a. daily interest on their funds in the savings account, whereas its Savings Jars – which is a goal-based savings feature – will offer up to 3.6% p.a. daily interest. Its T&C document, meanwhile, shared that the actual interest rates that you can enjoy for both products will be determined by a loyalty tier system; specifically, you need to rank up to Platinum President to enjoy higher interest, 3x Boost Stars and other exclusive benefits.

That said, the process to achieve and maintain the Platinum President status can be a little elaborate. According to the document, customers who deposit and reach a total of RM2,000 in their Boost Bank account for the first time will enjoy an automatic upgrade to the Platinum President status. For the remainder of this month where they first achieve the tier (referred to as Month 1), you do not need to maintain any specific balance. This status will also be kept for Month 2.


To retain the Platinum President status for Month 3, however, you’ll need to start putting in some effort starting in Month 2 itself. You are required to maintain a minimum daily balance of RM2,000 for at least 25 days within Month 2. If you do not meet this condition, your status will be downgraded back to the Basic tier at the start of Month 3, and you will lose your Platinum President privileges.

“Once a user has been downgraded from Platinum President to Basic, they can regain Platinum President status by maintaining a minimum end-of-day balance of RM2,000 for 25 calendar days within any calendar month. Upon meeting this requirement, their status will be immediately upgraded to Platinum President,” the bank noted in its document.

Aside from these info, Boost Bank’s T&C document also revealed that you’re allowed to create up to a maximum of eight Savings Jars at one time. Additionally, your account balance and transaction limitations will differ depending on how you opt to activate your Boost Bank account, as shown below:


*CTV: Credit Transfer Verification (i.e. verify Boost Bank account by transferring some funds from another bank account registered in your name. This transfer will serve both as an initial deposit and as a verification measure.)
As for fees and charges, Boost Bank noted that there is an annual dormant charge of RM10. This refers to accounts with no debit and/or credit transactions within a period of 12 months (dormant accounts).

Lastly, Boost Bank had posted a recent poll on its social media accounts where it invited followers to vote on the design of its upcoming debit card, choosing between a sleek black card with red logo (Team Black), or a vibrant red with a white logo (Team Red). Have a look at the two card faces, and if you want, share your thoughts as well!


Earlier this year, Boost Bank had already shared on its website that it will be offering a savings account, the Savings Jar feature, and a debit card to customers. No other details were revealed at that time, such as the interest rates for the deposit products, but interested users were invited to sign up and join a waitlist to be among the first to experience the bank at launch.

Aside from Boost Bank, Malaysia has two other digital banks that are already serving the public, namely GXBank and AEON Bank. Specifically, GXBank officially rolled out to the public in November 2023, whereas AEON Bank went live just last week, with its official launch held yesterday. The country is set to see the emergence of five digital banks in total.

Source
https://ringgitplus.com/en/blog/bank-news/b...t-products.html

Only Platinum Tier users can get 3.60%p.a in Savings Jar, and need to keep the fund at least 25 days.

So many hassles, will not consider first.

I don't like such feature that needs to maintain this and that, then if cant meet, downgrade.

Just make everything messy and confused like their boost app. Complex and messy.

Good luck Boost Bank

Thats y Boost failed

all these tactics to keep our money as long as possible so they can earn the floating interests

with this kind of mentality, they shouldn't operate like a bank as it steers away from serving underserved segment. sadly, this segment don't have that much money to keep in boost bank!!

they think can demand such high requirements to earn their little interests vs other digibanks out there.

This post has been edited by cybpsych: May 29 2024, 09:07 PM

As it is late to the game...... and offering pathetic interest rate..... most prob will fail ..... ur late in the game ur objective is get market share from others..... esp those dropped off from GX bank..... offer 4% or 4.5% lar..... common sense....

3.6% is higher than gxbank. aeon valid till aug. so too early to judge

I second this. If Boost is able to provide 3.6% constantly, I will move here. GXBank with 3% will not be attractive anymore. Aeon already clearly stated 3.88% is till Aug only. After that who knows whats the rate like. I also read that Boost will credit every week. Still more attractive than Aeon.

countdown 2 days. should be less people apply as not syariah and not much benefit as advertised

[update]
Countdown 1 day left...tomorrow is the day..

This post has been edited by ericlaiys: Jun 5 2024, 09:07 AM

boost bank opened

nice card design but ill wait

With aeon bank offering 3.88%, I see no reason in opening the acct with boost now . Better wait closer to end August when aeon bank promo ends to open and deposit rm2k to get the default rate of 3.2% for platinum status and that is provided that aeon default rate is worse off then 3.2% offered by boost after promo ends. Beside their promo 3.6% now only have a cap of rm200mil as opposed to aeon of rm1bil n they also have no obligation to inform U once cap exceed

Wait for?

U sudah register?

I wait for the debit card ready first

so far, they don't have approval to issue the card yet. launching today could just be savings account stuffs

Right. Ive registered, no options on getting the card

yes. done and transfer money in. all money in jar