Means in pot is 3% if not in pot is 0.88?

https://assets.aeonbank.com.my/Terms_and_Co..._f6c9023e1c.pdf

3% p.a.

Time to move out!

if you cash out before the 12 months you wont get the profit/interest right?

or does BeU payout monthly?

im going to boost celcom jar 4%

Why I can’t transfer out the money? The recipient bank is empty.

US banks used to practice Fractional Reserve Banking. 10% of depositors funds are kept as Reserves while 90% of deposits goes to Treasury Bonds or Mortgage Back Securities.

During launch & promo rates of Aeon Bank, how many % are kept as reserves while most of it likely went to Aeon Credit for loans. Let's say they only park aside 10% of all deposit collected but when promo ended then say easily 30% of initial deposit funds are being withdraw out to other banks. They wouldn't have enough reserves or liquidity. Apparently our banks are supposed to have higher reserves but again no clue what is the actual %.

70% under cash and short term funds. Short term funds would most likely be US T Bills as they are the most liquid. So they would still need to liquidate them in order to have funds if people are doing mass withdrawals.

You launch your first digital bank with 3% daily interest.

Anyone facing unable to login Aeon Bank App issue? keep on showing (Make sure your biometrics are activated).
My phone already activated the biometrics both face and finger print. I've tried uninstalled and reinstalled the Aeon Bank app and restart phone several time also same problem
Smartphone model Samsung S23+
Android version 14
Aeon bank App version 1.40.3

hi all...i got a question...if i put money in now...and i withdraw..say on 25th of the month... since Aeon will only pay the interest one shot end of month...will i still get my interest between now until 25th? I haven't try this before so just asking first... or i need to maintain the money until end of month to earn all my daily interest? thank you!

so now what the least amount to put on main account and pot to get the 0.01 cent daily like gxbank?

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Many people use AEON Bank now eh? Boost Bank not even on top with 5% Interest

TOS tq for posting. i assumed it was 6 months. i'll follow suit

Silly me I forgot all abt 0.5% cashback

TOS it's in the PDF you given

gxbank 1% possible end on 1 nov. stay tuned

Although not many people will use it, AEON Bank's interests are credited as well by now.

If you keep the minimum 20 MYR in the main account, you should get 0.01 MYR interest by now.

CS says after closing my account, opening a new account will not enjoy Aeon Bank benefits...