Good news, with updated T&C, the daily transaction limit is revised to 50k.

And now special jar revised to 5% this month, and got Boost birthday jar for 30 days, jar capped 25k.

36.60 manage to get 0.01, magic number?

Edit: yes, 36.60 gets you RM0.01, so total is 10% effective interest rate (god bless)

I can't check for daily interest today because:

(i) I have opened account with money deposited exactly one week ago from yesterday, so interest credited today may include have included interests on money since last week.

(ii) The 5% birthday jar T&C clearly states that interests are credited daily, so no dispute on date anyhow.

(iii) The marginal interest rate on the 5% birthday jar is ... 5%. So I dump all my leftover cash into this birthday jar after filling up GX Bank (1006.50) and the DSA + 8 normal saving jars. Since my deposit amount is greater than 36.60, I can't check on the interest calculation.

I can only check tomorrow...

Those who tried out the magic numbers feel free to report if you got your "rounded-up" 0.01 MYR interest per pocket/DSA here ya

I deposited 16k, get RM2.19

16k * 0.05 / 366 = 2.185

If deposit 25k, may get 3.42 max?

Need to withdraw the 1 sen interest everyday in order to stay maximum 10%?

you guys are able to login to Boost Bank App, android?
i just signed up yesterday, given 12-hour cooling off period when requesting for transfer.

after 12 hours, it said my phone got new login detected and required for unbinding old device. the prob is only 1 device i logged in since signup.

Now the app is unstable and keeps crashing.
Making a phone call to customer suppport more than 30mins, no one answers. damn!

it makes me wanna transfer all $ out from bloody boost bank

multiple banks got issues...

normal already... esp after salary time OR heavy rain thunderstorm period

I thought we need to spend at the retail out for get the 5% interests from special jars.

Isn't that the case?

the extra RM43.20 is not enough to put into GX bank

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. 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

If you are opened the jar and deposited money before in the jar you can still do so up to the jar limit of 25k MYR.

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

ops. ok. thanks.
oh for digi celcom, if fulfil this month, next month first week 5%, dont need fulfil the condition again right?

tq

is there any interest cut off time for these normal and special jars?

I read faq is 23:59:59, that means we can deposit on last minute and take out immediately after interest is credited? lol

Starting 1st of November 2024 until 31st December 2024
👉The Boost Birthday Jar will now be called the Boost Celebration Jar and customers with deposits will continue to enjoy a high daily interest rate of 3.6% p.a.
👉For CelcomDigi customers, you can continue to reap the rewards on your savings with a daily interest rate of 3.6% p.a. Just remember to pay your CelcomDigi prepaid or postpaid bill using the Boost App to maintain access to the exclusive CelcomDigi Jar high interest rate!
👉For Savings Jar, customers will enjoy 3.2% p.a. daily interest rate

i saw other jar still have 5%, just need to use boost atm card to spend at those outlet. i.e. 5% still available