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 BoostBank - By Axiata & RHB, Digital Bank of Malaysia

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weejin2000
post Sep 25 2024, 08:53 PM

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Joined: Aug 2006
QUOTE(TOS @ Sep 18 2024, 06:11 PM)
Looking to hire some white mice to confirm the calculations. tongue.gif The "experiment" will last for one week...

» Click to show Spoiler - click again to hide... «


So, I am proposing 3 magic numbers here to test out:

Normal saving account: 73.20 MYR

Normal saving jar: 50.84 MYR each (up to maximum of 8 jars)

Special saving jar: 45.75 MYR (per jar)

7 days later, each jar/saving account will give you 0.07 MYR, if the FAQ is correct.

Feel free to correct me if my calculation is wrong yea. I am now in SG can't download BoostBank app, will try out when I go back tomorrow.
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QUOTE(sam93xxxxx @ Sep 20 2024, 01:57 PM)
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.
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So I deposit what TOS suggest above, after one which is today, I get 4 cents of interest for each saving jar.

weejin2000
post Sep 26 2024, 07:54 AM

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444 posts

Joined: Aug 2006
QUOTE(virtualgay @ Sep 25 2024, 10:47 PM)
have anyone try to max out the special saving jar for digi?
is there even a max limit?
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50k
weejin2000
post Aug 1 2025, 12:42 PM

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444 posts

Joined: Aug 2006
me too! All saving and Celcom Digi jar gone even though I have just top up Digi RM30 using Boost. What happen?

 

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