Banks do not have any malice intentions about their products. All financial products need to have Product information as dictated by regulatory requirements. So if you are accusing the bank of malice as in your post, be prepared to put up your defence in the event you get a call asking you to explain your statement.

When it comes to money/financial management and/or investment, this is something everyone need to have basic understanding or at the very least not be passive about it. So , good you are more alert than others but the point here is to educate others with facts and not inject fear and misinformation to others .

what la

they gave us early notification, we say they trying to trick us

if they didnt notify us, then we also say they trying to trick us

haha better than nothing la .... it's marketing spin gimmick anyway

I had message Atlas CS to double confirm and this is their reply:

After the campaign ends, all deposits will no longer be eligible for the 5% profit rate and will instead earn the normal profit rate set by the bank (currently 0.05%)

just transfer daily for 5 days will do. no matter how it is our money to move around.

Chat GPT 😝

To calculate how many days the RM67,500 payout pool can last, we need to know how much interest (5%) is being paid out per day.

Let’s break it down step-by-step:

⸻

🔢 Given:
• Total quota = RM25 million + RM50 million = RM75 million
• Interest rate = 5% annually
• Total interest payout fund = RM300,000
• Remaining payout balance = RM67,500
• You want to know how many days RM67,500 can last.

⸻

🧮 Step 1: Daily Interest Payout per RM1 Invested

5% annually =
= 0.05 / 365 = 0.0001369863 per day

So, every RM1 of investment earns ~RM0.000137 per day

⸻

🧮 Step 2: Total Current Subscription Amount?

You said RM75M is not fully subscribed yet.
We don’t have the actual amount currently subscribed.

Let’s say the currently subscribed amount is X (in RM).

Then, daily payout =
X × 0.000137

And we want to find how many days (D) the remaining RM67,500 can last:

67,500 = X × 0.000137 × D

D = \frac{67,500}{X × 0.000137}

⸻

✅ Final Formula:

D ≈ \frac{67,500}{0.000137 × \text{current subscribed amount}}

⸻

🧮 Example Scenarios:

Case 1: RM10 million subscribed

D = \frac{67,500}{0.000137 × 10,000,000} ≈ \frac{67,500}{1,370} ≈ 49.27 \text{ days}

Case 2: RM20 million subscribed

D = \frac{67,500}{0.000137 × 20,000,000} ≈ \frac{67,500}{2,740} ≈ 24.63 \text{ days}

Case 3: RM30 million subscribed

D = \frac{67,500}{0.000137 × 30,000,000} ≈ \frac{67,500}{4,110} ≈ 16.43 \text{ days}

⸻

❓So what’s needed:
• The actual subscribed amount so far.

Once you provide that, I can give you the exact number of days left before the RM67,500 runs out.

do you have any insider info on the new promotion?
Wandering whether should start to withdraw today

I see fb comments and im confused. How would you interpret this?

Today is the last day for 5%?

Starting tomorrow ALL deposits 0.05%?

tomorrow...today still can get last 5%

Waiting for last profit then mass withdraw 🤭

their CS already stated, today's deposit will still get the 5% rate. So today is last day as announcement is done today..

It's logic as well.. They made announcement saying campaign has ended. So whatever changes in business transaction terms should start to take effect from the following day onward..

Cant be they announced it at 12pm, then those who deposited before 12pm on the presumption of availability of 5% rate then suddenly cause of 12pm announcement dont get the 5% dy.. So have to take effect from next day onward lor..

Initially I thought when the campaign has ended or reached the quota, only new deposits will not earn 5%, but it applies to existing as well before the campaign ends.

So it is not really a good term.

never mind la, I think 99% lowyat members will withdraw

getting 7.67 profit

combination of 5% and 0.05%?

yeah 55,985 balance still

no..no...may be existing will get 5%

haha parking for day2day usage

didnt put exact amount.

now planning to move out 

Boost Bank savings jar right? That's what I did until Muamalat and now back to Boost and Versa.