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BoostBank - By Axiata & RHB, Digital Bank of Malaysia
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Sotsotzaii
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 Nov 1 2024, 01:22 PM
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Can anyone let me get a clearer understanding on Boost's interest rates ?
What's the baseline interest rates that we get for free ? Without the need to unlock or purchase from partnered merchants or whatever. I'm deciding between putting my monthly savings in GX Bank or Boost, my main goal is to get the daily interest amount, NOT the interest rates. But I don't mind finding out which of this 2 digital banks provides higher interest rates ?
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Sotsotzaii
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Nov 1 2024, 01:49 PM
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QUOTE(xakarix84 @ Nov 1 2024, 01:38 PM) for boost bank, no unlock needed Digital saving account 2.5% Saving Jars 3.2% Oh i see, so to put it simply, as long as I put a certain amount in saving jars, I get the 3.2%, and then for main account there is no limitations on amount, so in total I would get 5% interest daily ? P/S - Can I also know how much amount to put in saving jars ? This post has been edited by Sotsotzaii: Nov 1 2024, 01:50 PM |
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Sotsotzaii
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Nov 1 2024, 05:36 PM
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I might be missing the info but can I know how much to put in all 8 saving jars ? I plan to put the required amount, then the rest of the amount in main account.
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Sotsotzaii
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Nov 1 2024, 05:58 PM
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Is the required amount for 8x savings jar - 50.84 like previous poster mentioned ?
Do I need to bother with special jars ?
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Sotsotzaii
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Nov 1 2024, 07:03 PM
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QUOTE(TOS @ Nov 1 2024, 06:59 PM) To further enhance this info: New magic number for 8x savings jar is 57.19 now, increment for additional 0.01 MYR interest = 114.38 New magic number for supermarket jar is 45.75; increment for additional 0.01 MYR interest = 91.50; if putting at max is 24933.75, New magic number for celebration jar is the previous rate for saving jars: 50.84; increment for additional 0.01 MYR interest = 101.67; if putting at max is 24959.17 (since we cannot exceed 25k) Sorry, not sure if I understand this correctly. When I put in 57.19 in the saving jar, it says no amount below 100 is allowed ? |
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Sotsotzaii
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Nov 1 2024, 07:25 PM
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QUOTE(TOS @ Nov 1 2024, 07:07 PM)  No issue for me. Ohh sorry my own mistake, i entered the amount at the "how much to save tab". Anyhow, do i need to bother with special jars tab and also put in money there ? |
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Sotsotzaii
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Nov 1 2024, 08:40 PM
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Where is the supermarket jar ? Couldn't find it at the special jars tab.
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Sotsotzaii
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Nov 2 2024, 08:39 AM
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Do i also put the same amount - 50.84 in Celcomdigi jar ?
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Sotsotzaii
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Nov 2 2024, 09:41 AM
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QUOTE(TOS @ Nov 2 2024, 09:29 AM) Yes, it's pays the same interest rate as the Celebration jar. So it follows the same amount. Got it, for Boost, do I need to take out the interest daily like GX Bank ? |
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