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 Atlas Digital Bank by Bank Muamalat, 5% Interest, Credited Daily (Promotion)

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beLIEve
post Jul 6 2025, 12:40 AM

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QUOTE(Barricade @ Jul 6 2025, 12:10 AM)
I didn’t activate it. All 5 are unchecked. It’s ok I disable the system notification for this app.
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I think it's for you to keep track. You know, check it after you perform solat tongue.gif

It kept bugging me to turn on Notification ever since i installed it. So each time, i have to choose not to turn on. Disabled notification for almost all my apps. They're a nuisance.

This post has been edited by beLIEve: Jul 6 2025, 12:48 AM
beLIEve
post Jul 6 2025, 12:41 AM

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QUOTE(brandonkl @ Jul 6 2025, 12:31 AM)
Can confirm that funds deposited at 10:30 a.m. on 5 July 2025 are earning the 5% interest.

My Accrued Profit YTD has changed from 0 to RM6.84.
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11.30pm still got 5%

Proper term is Profit ah. Interest is haram.
beLIEve
post Jul 6 2025, 11:58 AM

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QUOTE(GalaxyV @ Jul 6 2025, 11:24 AM)
To transfer into Atlas, choose Bank Muamalat?

Can go to the branch and do cash deposit into the account using CDM?
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Someone have to test. If your name pops up after you key in account number, then can loh
beLIEve
post Jul 6 2025, 09:20 PM

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QUOTE(GalaxyV @ Jul 6 2025, 09:10 PM)
did they mention 500 pax? i thought hit 25m deposit?

put another 50k? max per person is 50k only
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Assume everyone got 50k

Friends and Family
beLIEve
post Jul 6 2025, 09:24 PM

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QUOTE(guy3288 @ Jul 6 2025, 09:08 PM)
just put another 5ok  new account just now
still show 5% rate there

not yet hit 500 pax lagi?
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Since the functionality is still primitive, i think have to wait for tonite's payout to know.

Edit : When I download yesterday, total download was around 100+ to 200+ on Google. i don't remember exactly which one. Just checked and it's 500+. Add iOS and 12 hours freeze, quota should finish latest tomorrow morning.

This post has been edited by beLIEve: Jul 6 2025, 10:32 PM
beLIEve
post Jul 7 2025, 12:12 AM

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Accrued dividend amount equivalent to 5%. Last deposit around 9am Jul 6
beLIEve
post Jul 7 2025, 01:13 AM

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QUOTE(Optizorb @ Jul 7 2025, 12:56 AM)
Wait, why yall feel the need to keep mentioning what time you make the deposits?
I made deposit at 11.58pm just now, of course still get it..

Because Atlas already stated they will make announcement if/once the 25mil cap reached what.. It's even in their TNC!
So until they make such announcement, you can safely assume 5% is still on la, no need to worry.

and im pretty sure its gonna work just like GX last time when launched, once they make announcement stating capped has been reached, then that is the final day for all deposits to enjoy the promotional rate. New deposits from next day onward only will be without promotional rates.

So not like if they make announcement at 3pm, then all deposits from 3.01pm onward will be board rate already..  laugh.gif

user posted image
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1.0 Different bank different protocol

2.0 No mention they will honor deposits exceeding $25m on the day it hits $25m

3.0 Mostly shared for others who has yet to deposit
beLIEve
post Jul 7 2025, 11:58 AM

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QUOTE(nexona88 @ Jul 7 2025, 08:39 AM)
Buggy apps... Since it's new...

Try to restart your phone & apps...
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5% is for us to help weed out remaining bugs

This post has been edited by beLIEve: Jul 7 2025, 11:59 AM
beLIEve
post Jul 8 2025, 06:27 PM

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QUOTE(sjz @ Jul 8 2025, 09:06 AM)
5% interest quota still available .
we should not assume everyone opening an account putting in max 50k.

probably a more realistic average 5k,
~5000 accounts are eligible for 5% p.a. interest.

even their fb page still posting promotion of 5% pa interest last night.
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I assumed it was due to coinciding with ASN selling $1.18b units. Between 3 months 5% and forever 4-4.75%, people will go for ASN.

And yes, I didn't have 50k to put in until i utilize maybank2me's 0% balance transfer to free up money supposed to pay CC.
beLIEve
post Jul 9 2025, 04:32 PM

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QUOTE(TOS2 @ Jul 9 2025, 03:37 PM)
The deposit war is still very much ongoing in spite of the lowering rates. Rize lost out to Atlas Mualamat. Waiting for Ryt to come in...

Bad times to be in banking business. https://www.nst.com.my/business/corporate/2...es-digital-bank
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Bad time to be in digital banks. They need to start giving out loans like analog banks to make a killing, especially loans with collaterals like real estate. Maybe when the deposit is sufficient.
beLIEve
post Jul 10 2025, 04:12 PM

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QUOTE(zartegh @ Jul 10 2025, 02:18 PM)
By the way, not that it matters alot, but depositing RM49968.60 also gives you RM6.85 per day due to rounding up.
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App says accumulate until 1 cent only pay out. Those who deposit 50k might get 1 extra cent after x days.
beLIEve
post Jul 10 2025, 06:22 PM

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QUOTE(randvar @ Jul 10 2025, 04:42 PM)
https://atlasmuamalat.com.my/faqs/

have a deposit balance of RM49,950. If I receive profit and my balance exceeds RM50,000, will I stop earning profit the next day?
Don’t worry! Our system calculates profit based on your end-of-day balance. If your balance goes over RM50,000 due to profit earned or additional deposits, only the amount above RM50,000 will earn 0% profit. You’ll still continue to earn 5.00% profit on the eligible portion, which is up to RM50,000.

better to withdraw earnings after some time.
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Yes, but i think profit over profit is negligible.
beLIEve
post Jul 14 2025, 11:07 AM

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QUOTE(Gogurt @ Jul 14 2025, 10:37 AM)
have they hit the 50k limit?
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Nope, there is no such thing as 50k limit
beLIEve
post Aug 6 2025, 12:25 PM

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QUOTE(ikanbilis @ Aug 6 2025, 12:23 PM)
Who are weak hands?

Those who withdrew are weak hands?
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yes. i always hear this on Wall St. Diamond hands end up losing more

This post has been edited by beLIEve: Aug 6 2025, 12:27 PM
beLIEve
post Aug 8 2025, 07:32 AM

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QUOTE(davidxxx @ Aug 7 2025, 08:11 PM)
user posted image

Tml got good news ?
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i saw 3.88% under Profit Rate. But I didn't get that rate yet. Maybe they'll publish the T&C later today.


To others :
The 1 cent that cannot be withdrawn is because it's a rounded up figure where your balance is actually less than 1 cent.
beLIEve
post Aug 8 2025, 08:05 AM

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QUOTE(Skeuomorphic @ Aug 8 2025, 08:01 AM)
its on their website now https://atlasmuamalat.com.my/faqs/
its only up to 8k
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QUOTE
No, there is no total cap for the overall campaign deposit size. However, the campaign is subject to an individual deposit cap of RM8,000 per customer. This is to ensure more customers have the opportunity to enjoy the 3.88% campaign profit rate


Bold part is why they ended the 5%

This post has been edited by beLIEve: Aug 8 2025, 08:06 AM
beLIEve
post Oct 12 2025, 05:48 PM

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QUOTE(cklimm @ Oct 12 2025, 04:15 PM)
scary lah the bank, thank god max 8k only
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we are being paid a higher rate in exchange to help test their system in real production environment.

 

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