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 BoostBank - By Axiata & RHB, Digital Bank of Malaysia

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sam93xxxxx
post Aug 10 2024, 02:50 PM

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QUOTE(ericlaiys @ Aug 10 2024, 11:11 AM)
Special jar limited rm25k. You need to do rm50 for myd in and pay celcomdigi rm20 per month. Else no4%
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user posted image

It should be maximum amount of RM50K in CelcomDigi jar for each eligible user.
sam93xxxxx
post Aug 10 2024, 06:05 PM

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QUOTE(ericlaiys @ Aug 10 2024, 03:23 PM)
so good. but i dont have celcomdigi
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You may help your friends/relatives to pay CelcomDigi prepaid/postpaid bills, min RM20. Lol. Then u can unlocked 4% interest CelcomDigi saving jar.
sam93xxxxx
post Aug 10 2024, 10:05 PM

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QUOTE(wacko_joy @ Aug 10 2024, 09:38 PM)
Must fulfil both only can get 4%?
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One is Mydin Jar. - If you are living nearby Mydin supermarket, can opt for this task.

Another one is CelcomDigi Jar. - If you have CelcomDigi bills to pay, can opt for this task.

You may just choose one task, for example, to do min. payment of CelcomDigi prepaid/postpaid bill to unlock the CelcomDigi Jar. Do spend another RM 20 in September and October to enjoy the 4% interest rate during campaign period.

This post has been edited by sam93xxxxx: Aug 10 2024, 11:33 PM
sam93xxxxx
post Aug 14 2024, 01:51 PM

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QUOTE(tropicanagolf @ Aug 13 2024, 11:14 PM)
Beware there’s a cooling period 12h, can’t even transfer from account to jar.
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Ya, first time opening Boost Bank account got 12 hours cooling-off period.

Reinstalling the apps in the same device after uninstalling it earlier also need 12 hours cooling-off period.

The so-called "One device, one account" policy.
sam93xxxxx
post Aug 30 2024, 10:37 PM

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QUOTE(cclim2011 @ Aug 30 2024, 01:40 PM)
min 20 one shot or accumulative if you'd know? thanks.
plannto topup rm20 digi prepaid but yhere is no rm20 denomination. 😂
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Try topup RM30 in a single transaction.
You may check the T&C before you proceed.

user posted image
sam93xxxxx
post Aug 31 2024, 06:32 AM

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QUOTE(cclim2011 @ Aug 30 2024, 11:02 PM)
ya i did 30. it got unlocked immediately. thanks.
i would need to do it again on 1st Sep, is that right?
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Yes.
sam93xxxxx
post Sep 9 2024, 01:38 PM

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QUOTE(cclim2011 @ Sep 9 2024, 11:08 AM)
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
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Interest paid every 7 days. If you not take it out and keep it for another 7 days, you still can get 4% interest. Expected interest is RM 38.28 after the 2nd week.
7 / 366 * (Your balance in account) * 4% = RM 38.28.
sam93xxxxx
post Sep 11 2024, 01:13 PM

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QUOTE(skymade @ Sep 11 2024, 10:53 AM)
Hi all Boost Bank users,

I knew that Boost bank currently was offer 3.6% daily interest and payout weekly basis. But am confuse as some was mentioned weekly interest over here.
Assuming, I'm deposit in RM100 on 1st day, and transfer out all RM100 on 2nd day...etc, thus the balance was RM0 on day 6.
Am i still getting interest on day 7?

TIA.
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If based on the daily interest calculation,

For Day 1,
RM 100* 1/366* 3.6%= RM 0.009836065573770491
Round off to 2 decimal point, u will get RM 0.01.

For Day 2-7, Acc Balance = RM 0. So, no interest.

Total interest accumulated for 1 week (Day 1-7) = RM 0.01.

I think you will received RM 0.01 for the interest on Day 8.


sam93xxxxx
post Sep 14 2024, 04:52 PM

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QUOTE(strattos93 @ Sep 14 2024, 07:48 AM)
hmm, strange, i just register boost bank, and i never pay any digi bills with boost before, but i can put money into digi special jar?
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Yes, as long as you fulfill the criteria to unlock the CelcomDigi jar.

sam93xxxxx
post Sep 14 2024, 04:57 PM

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QUOTE(nexona88 @ Sep 14 2024, 08:21 AM)
The apps got issues now...

So try to stay away temporarily 🙏
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No issue using Boost Bank in my device.
Still the same slow loading when startup the Boost Bank apps.
sam93xxxxx
post Sep 20 2024, 01:57 PM

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QUOTE(mamamia @ Sep 20 2024, 12:34 PM)
so, boostbank also use round up method like GXBank?
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Yup, it's similar to GX Bank where interest calculated daily, but interest given on weekly basis based on the day you put in. The first day u deposit is counted as Day 1. Until Day 8, you will receive the interest for the 1st week.

Based on my observation, it will be rounded up only after calculation of 7 days.

I manage to get RM 0.04, after 7 days of putting RM 50.90 in one saving jar.

The calculation of interest is
RM 50.90 * 7/366 * 3.6% = RM 0.035045901639344262
Rounded up to 2 decimal places, I've got RM 0.04 interest.
sam93xxxxx
post Oct 1 2024, 08:04 AM

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QUOTE(Optizorb @ Oct 1 2024, 07:48 AM)
got the link for this?
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Attached File(s)
Attached File  33062194_d3ac_4eac_9082_2413339caaed.pdf ( 656.92k ) Number of downloads: 50
sam93xxxxx
post Oct 1 2024, 08:07 AM

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QUOTE(ycktech @ Oct 1 2024, 08:04 AM)
Term and Condition With CTV and Witout CTV is meaning what?
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You may refer to the attachment of the T&C.

Account Activation
3.1 Activation Post Account Opening:
After successfully opening your account, as outlined in Paragraph 2 above, you will be
prompted to activate your account. Activation is a mandatory step to fully utilize the
services and features of your Boost Bank account.
3.2 Activation Options:
You will have two options for account activation:
i. Credit Transfer Verification (“CTV”): By selecting the CTV option, you commit to
initiating a transfer from a bank account registered in your name from another
bank. This transfer will serve both as an initial deposit and as a verification
measure.
ii. No Bank Account/Transfer Inability Declaration: If you opt for this method, you are
making a declaration that you either do not have a personal bank account or
cannot perform a bank transfer from your account for certain reasons. With this
option, you can make an initial deposit from any legitimate source to activate your
account.

3.3 Activation Limits:
i. For CTV: Should you choose the CTV method, upon successful verification and
activation, your account will have a transaction limit as detailed in C. SPECIFIC
TERMS AND CONDITIONS FOR DIGITAL SAVINGS ACCOUNTS.
ii. For No Bank Account/Transfer Inability Declaration: If you select this option and
successfully activate your account, your transaction limit will be different from the
CTV method and will be detailed in C. SPECIFIC TERMS AND CONDITIONS
FOR DIGITAL SAVINGS ACCOUNTS and any transfers or transactions made
shall be subject to B. GENERAL TERMS AND CONDITIONS FOR ACCOUNTS,
paragraph 6.7.

sam93xxxxx
post Oct 1 2024, 09:45 AM

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QUOTE(songokujames @ Oct 1 2024, 09:16 AM)
5% special jar only appear today, celcomDigi is 4% only and can withdraw with no problem
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It seems like I'm facing issue to access to the boost birthday jar.
Can't even unlock it.
sam93xxxxx
post Oct 1 2024, 01:45 PM

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QUOTE(TOS @ Oct 1 2024, 01:35 PM)
That's ridiculous. How come the same bank can have 2 interest crediting policies? What kind of bank is this...
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Guess they just updated the apps and revise the interest to be given daily. I also just realized the interest credited daily in saving jars.
sam93xxxxx
post Oct 1 2024, 01:50 PM

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QUOTE(cclim2011 @ Oct 1 2024, 01:42 PM)
my only question now is the nonspecial jar and/or saving acct, is it still 3.6... haha..

parking my monthly credit card repayment. used to use rize. 😁
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Non special jar (aka Saving account) 2.5% if u hit to the rank Platinum resident in Boost.

Normal Saving jar 3.6% (Limit up to 6 jars)

Special jar
- CKS, Bataras, Farley, Servay, Boost birthday (5%)
- CelcomDigi (4%)
sam93xxxxx
post Oct 2 2024, 12:31 AM

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QUOTE(TOS @ Oct 2 2024, 12:26 AM)
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 biggrin.gif
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Can get the RM 0.01 today for special jar amount RM 36.60.
Tomorrow only check the rest of saving jars. The system is calculating the interest.
sam93xxxxx
post Nov 2 2024, 12:10 PM

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QUOTE(TOS @ Nov 2 2024, 12:08 PM)
Now I have difficulty login to BoostBank. Keep getting login failure...

It's lunch hour on a weekend...
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Same goes to me. Unable to login the Boost Bank.
sam93xxxxx
post Nov 2 2024, 12:27 PM

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QUOTE(TOS @ Nov 2 2024, 12:12 PM)
Let's pray they are not closing our special jars.  tongue.gif

I wish they could arrange proper periods for upgrading and maintenance... like GX Bank and Rize.

At least announce in advance...
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I just tried. Can login alrd.
sam93xxxxx
post Nov 18 2024, 10:25 PM

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Boost Bank now experiencing technical difficulties.

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