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 BoostBank - By Axiata & RHB, Digital Bank of Malaysia

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brandonkl
post Jun 6 2024, 10:17 PM

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I have GX and Aeon Bank from day one. Both are more superior in terms of benefits, UI and features.

Although I opened Boost bank account today, I will keep a minimal of RM20 just to see what they will offer in near feature in terms and benefits and features. However, based on today's launch, I feel Boost Bank have a lot to catch up. I don't use Boost wallet.
brandonkl
post Jun 7 2024, 03:14 PM

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From: Kuala Lumpur


QUOTE(SitiNorhaliza1970 @ Jun 7 2024, 11:13 AM)
This is just the first stage of their rollout, so I'm sure they will introduce more services and products in the future..just like others when they first started.. One aspect I really like is that everything can be managed through their app, including opening an account. This is good, especially for first-time account holders or individuals who live far from a bank branch...just click click and done at the comfort of your home  rclxms.gif
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When GX and Aeon Bank first launched, they already had better benefits and features. I signed up with GX and Aeon Bank from day one and both banks are now my main bank accounts. Even my FD, I moved from conventional banks to Aeon Bank as their interest rate is 3.88% (at least until end August). Because I used GX and Aeon Bank app so extensively, that is why I say they are way ahead if Boost Bank but I hope Boost Bank will catch up with better benefits and features soon.

Btw, GX and Aeon Bank can also do everything through the app, including opening an account biggrin.gif This is the basic feature of digital bank.
brandonkl
post Jun 13 2024, 04:10 PM

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From: Kuala Lumpur


QUOTE(ericlaiys @ Jun 13 2024, 02:52 PM)
Boost Bank 4% on special jar is available
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Many conditions and limitations:

Boost Bank now offers 4% p.a. daily interest for its Savings Jar on its "Platinum President with Partner Benefits" Tier. To enjoy this promo, you have to complete several steps:

1. Create a Boost Bank account, deposit and maintain RM2,000 to unlock Platinum President Tier.
2. Link Boost Bank to Boost eWallet
3. Use Boost eWallet to spend a minimum of RM50 at Mydin
4. A "Groceries Jar" will automatically appear, offering 4% p.a. daily interest.

You can deposit up to RM25,000 into this Groceries Jar and the 4% p.a. daily interest promo is valid until 30th September 2024.

Only RM25k for the 4%.

I will stick to Aeon Bank until at least end August.

This post has been edited by brandonkl: Jun 13 2024, 04:12 PM
brandonkl
post Jun 13 2024, 04:15 PM

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991 posts

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From: Kuala Lumpur


QUOTE(SitiNorhaliza1970 @ Jun 12 2024, 11:33 AM)
Everything has a few bumps at the start, but it'll all be fine in the end. Just give it some time to grow. Personally, I chose Boost Bank because I use the Boost apps a lot. I think having competition is great for a healthy digital banking market.
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Just curious ... are you someway involved in Boost Bank, whether directly or indirectly like an employee, vendor, consultant, contractor, etc?
brandonkl
post Jun 13 2024, 06:00 PM

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QUOTE(ericlaiys @ Jun 13 2024, 05:56 PM)
true...not to forget
1) availability of mydin
2) spend rm50 per month at mydin
3) 25k limit -> RM81 interest. After minus rm50, left RM31
I also found it so hassle and troublesome. only good if got mydin in your area and always spend there. Dump into kdi more easy without do anything + 50k limit
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Yeah, very poor marketing team with no innovation and hardly thinking out of the box to beat or at least on par with its digital banking competitors.
brandonkl
post Jun 13 2024, 06:10 PM

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From: Kuala Lumpur


The app seems to be a bit buggy this afternoon. When I open, it just hangs with the Boost logo.

Definitely not my network issue as other apps no problem.
brandonkl
post Jun 14 2024, 02:10 PM

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From: Kuala Lumpur


QUOTE(SitiNorhaliza1970 @ Jun 13 2024, 08:20 PM)
no not really..why?
but i wish they can hire me haha..
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Coz you seem to be very "protective" and strong supporter of Boost Bank biggrin.gif biggrin.gif biggrin.gif
brandonkl
post Jul 19 2024, 04:24 PM

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QUOTE(Wolgie @ Jul 19 2024, 03:07 PM)
Im here join the club  rclxms.gif
the card need apply or auto send to me?
Binding phone need 12hrs cool off... haha
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Go try GX Bank and Aeon Bank. Both much better in terms of benefits and features and way ahead of Boost Bank.
brandonkl
post Jul 19 2024, 05:22 PM

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From: Kuala Lumpur


QUOTE(Wolgie @ Jul 19 2024, 04:27 PM)
yeah. i register GXbank too.
If paid insurance got 1%, seem not bad too
for Aeon bank, Me sabah here dont have.
Last time got. buy alot... hahaha. now moved back Sabah no use anymore
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Aeon bank also digital bank.
brandonkl
post Jul 24 2024, 11:24 AM

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From: Kuala Lumpur


Boost Bank interest is lower than GX Bank and Aeon Bank. To get the promotional higher interest rate, they make it very complicated and have a cap. So, totally not worth it and no financial benefits for savings.

In terms of financial features, they are lacking or almost non-existent compared to GX and Aeon. So, for any savings and financial feature, go with GX or Aeon Bank.

This post has been edited by brandonkl: Jul 24 2024, 11:25 AM
brandonkl
post Jul 24 2024, 01:34 PM

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From: Kuala Lumpur


QUOTE(ericlaiys @ Jul 24 2024, 11:51 AM)
boost bank is 3.6%, 4% if u fulfill mydin purchase
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Boost Bank 3.6% and 4% interest have conditions and complicated whereas Aeon Bank, 3.88% no conditions.
brandonkl
post Aug 3 2024, 01:17 PM

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From: Kuala Lumpur


I still have Boost Bank app with just RM1 balance.. just keep it to see how good (or bad) they are compared to GX and Aeon.
brandonkl
post Aug 9 2024, 10:40 PM

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From: Kuala Lumpur


Boost Bank daily max transaction limit is quite low, RM 10k per day only.
brandonkl
post Sep 10 2024, 01:36 PM

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From: Kuala Lumpur


I updated my phone software yesterday and Boost bank app thinks it's a new device.

So I have to unbind from "old" device or call Customer service. Obviously can't unbind from old device since it is same phone. So have to call Customer Service and there's a 12 hours cooling off period.

What a dumb app and stupid people working in the app team.
brandonkl
post Sep 11 2024, 04:40 PM

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991 posts

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From: Kuala Lumpur


QUOTE(brandonkl @ Sep 10 2024, 01:36 PM)
I updated my phone software yesterday and Boost bank app thinks it's a new device.

So I have to unbind from "old" device or call Customer service. Obviously can't unbind from old device since it is same phone. So have to call Customer Service and there's a 12 hours cooling off period.

What a dumb app and stupid people working in the app team.
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Boost bank app is really useless. So after 12 hours cooling off period, I still cannot log-in. After entering PIN and doing face verification, keeps going back to login screen.

So I called Boost Bank customer service and they told me to wait for the release of a new update today and hopefully can resolve my issue. They said "hopefully", not even sure if can resolve.

So, my advice is :

1. Don't update your phone software (my phone is Fold 6)

2. Stay away from Boost Bank.


Once I can log in again, I will transfer all my money out and just leave RM20 in it.
brandonkl
post Oct 1 2024, 03:21 PM

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From: Kuala Lumpur


Boost daily transfer limit is now RM50k, up from RM10k previously.
brandonkl
post Oct 31 2024, 12:02 PM

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991 posts

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From: Kuala Lumpur


For the new Boost Celebration Jar with 3.6%, can you top up? Because the current Birthday Jar cannot top up.
brandonkl
post Nov 1 2024, 12:22 AM

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From: Kuala Lumpur


QUOTE(TOS @ Nov 1 2024, 12:19 AM)
5% birthday jar autoclose already. Money appears in DSA.
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Mine still Birthday Jar. Using Android.
brandonkl
post Nov 1 2024, 05:50 PM

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From: Kuala Lumpur


The Celebration Jar also max RM25k like the birthday jar.
brandonkl
post Nov 5 2024, 05:56 PM

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From: Kuala Lumpur


New promotion.


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