Is 3.6% promo eate until 31st aug only?
What is the new rate?

gx 2% only, here better?  i want daily

hi, i would like to understand how the interest is calculated for Boost Bank

i placed 50k on 30th Aug (Friday) in CelcomDigi Jar, fulfilled the 4% criteria (paid digi rm30, both in Aug and Sep), and didnt touch the money.

I got ~RM38.xx yesterday I think? and now the jar is rm50038.xx. Shld I take the RM38.xx out since it's over max 50k.

thanks

Yup, I tried it myself, can't be withdrawn. Money tied up for 1 month...

That's ridiculous. How come the same bank can have 2 interest crediting policies? What kind of bank is this...

Do you guys check that you have deposited money spanning multiple days consecutively?

There is a chance that you deposited money on 22nd, 24rd and 24th September (each day got money entering either the DSA or saving jars), so one week later, on 29th, 30th Sept and 1st of October, you will receive interests 3 days consecutively.

It looks like daily interests but it is not, it's just due to the fact that you deposited money consecutively every day a week ago.

Special jar
- CKS, Bataras, Farley, Servay, Boost birthday (5%)

These special jars, need to spend at respective companies only can get 5% right?

alamak... thanks ya

We are now sure the interest payment will occur daily for the 5% birthday jar: https://myboostbank.co/sites/default/files/...ar_Campaign.pdf

And that's also the case for the CelcomDigi jar: https://support.myboostbank.co/hc/en-gb/art...st-Bank-account

-------------------------------

But the T&C for the 3.6% saving jar is still stated as weekly payouts: https://myboostbank.co/terms-and-conditions/campaign-terms

I think they still haven't updated the T&C page... risky move...

I deposited 16k, get RM2.19

16k * 0.05 / 366 = 2.185

If deposit 25k, may get 3.42 max?

Sorry, I am just abit confused. To clarify, I have placed 25k in the Bitthday and all 4 shopping jars (125k intotal over 5 jars). Have not unlocked the celcomdigi jar, planning to do that tomorrow and place another 50k in.
So, thats all the 5% ones done. Am I on the right track here?

Then put 1006.50 in Gx over 11 pots, including main. And after that start putting the rest into normal saving jars in Boost? Those have a limit?

After that only do I consider TnG Go+ and Rize?

So sorry for this. Just hope I can clear things up and go about it efficiently, thanks.

i only got Account and Jar
no options for Card

Hi bro, that means we can earn 1 month free interests on ALL special jars right? (Even though we don't spend in the partners' stalls?)

Serious?    it is so ridiculous !

Thank you for the answers. I don't even know what retail stores are those except for celdom-digi. celcom-digi is full.

Boost Bank customer service is very unprofessional and rude.

this boost bank 5% promo very good.

giving me RM71.79 interest everyday.

really not a bad return for a place temporary parking of money.

hope they will release more >=5% jar in te future.

the feeling of everyday transferring out the interest is definitely not same as Rize once a month 

Damn completely missed this 5% birthday jar promotion. Could try Celcom jar, but not using celcomdigi line.

Looks like I'm stuck with GX 2% haihz

Err, let me correct something...

The 10% thingie only applies to the first case only i.e., 36.60 per jar (because 0.005 interests gets rounded up to 0.01, per day, the effective interest rate doubles from 5% to 10% p.a.).

Now, all subsequent cases like your case here, 0.115 rounds up to 0.12 does not yield a boost of 100% in interest rate (i.e, 5% does not go up to 10%). The effective interest rate in your case is 5% * 0.12/0.115 = 5.217% p.a.

So, please don't assume it's 10% p.a. yea, sorry that I have to spoil the party...