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maybank isavvy 1.3%-1.5% promo

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Old 13-09-2017, 01:24 AM   #46
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Finally something decent on maybank.

http://info.maybank2u.com.sg/promoti...ds-top-up.aspx

Enjoy high interest in our online savings account of up to 1.50% p.a. when you deposit a minimum of S$20,000 into your iSAVvy Savings Account from 1 September to 31 December 2017.

Not too sure whether funds deposited from sept-nov would get the 1.5% in Dec. The illustration seems to state that only Fresh funds deposited in December would get 1.5%

Than those I deposit from sept-nov, How?

Does anyone knows?
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Old 13-09-2017, 10:08 AM   #47
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Finally something decent on maybank.

http://info.maybank2u.com.sg/promoti...ds-top-up.aspx

Enjoy high interest in our online savings account of up to 1.50% p.a. when you deposit a minimum of S$20,000 into your iSAVvy Savings Account from 1 September to 31 December 2017.

Not too sure whether funds deposited from sept-nov would get the 1.5% in Dec. The illustration seems to state that only Fresh funds deposited in December would get 1.5%

Than those I deposit from sept-nov, How?

Does anyone knows?
Assume u deposit 200K (fresh fund) in Sept, it will earn 1.35% fr Sept-Nov, and 1.5% for Dec.
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Old 13-09-2017, 11:41 AM   #48
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Thanks so much!

Assume u deposit 200K (fresh fund) in Sept, it will earn 1.35% fr Sept-Nov, and 1.5% for Dec.
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Old 13-09-2017, 11:48 AM   #49
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It is a good deal, better than esaver!
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Old 14-09-2017, 09:19 AM   #50
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Assume u deposit 200K (fresh fund) in Sept, it will earn 1.35% fr Sept-Nov, and 1.5% for Dec.
I interpret it as Dec must deposit $20k to earn 1.5% for that $20k only.
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Old 14-09-2017, 12:01 PM   #51
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won winnings 1m from toto, good to put here?
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Old 14-09-2017, 05:15 PM   #52
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That's what I interpreted too.

Lemme call them tonight and let you guys know

I interpret it as Dec must deposit $20k to earn 1.5% for that $20k only.
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Old 15-09-2017, 11:00 PM   #53
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Assume u deposit 200K (fresh fund) in Sept, it will earn 1.35% fr Sept-Nov, and 1.5% for Dec.
I spoke to Maybank. For Dec promo 1.5%, it must be Fresh fund.
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Old 16-09-2017, 12:47 AM   #54
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Thanks for clarifying. This is a slightly bothersome requirement, but since fresh fund for Dec is compared again bank balance in sept rather than Nov, I simply need to FAST out all fund by end Nov, and remit them back in on 1 Dec.
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Old 16-09-2017, 05:42 AM   #55
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I spoke to Maybank. For Dec promo 1.5%, it must be Fresh fund.
Then in Dec, do I still get 1.35% for the money I deposited from sep to nov?
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Old 16-09-2017, 05:44 AM   #56
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Thanks for clarifying. This is a slightly bothersome requirement, but since fresh fund for Dec is compared again bank balance in sept rather than Nov, I simply need to FAST out all fund by end Nov, and remit them back in on 1 Dec.
Won't the bonus be forfeited if u make withdrawals during sep to nov?
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Old 16-09-2017, 02:34 PM   #57
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Withdrawal for a day before month end won't cause us to lose all interests earned, but it will decrease the average daily balance.
Interest is earned on incremental average daily balance of the month (sept-dec) as compared against average daily balance of Aug. if your account is opened in Sept, average daily balance of Aug is deemed as zero.
To calculate average daily balance, it is sum of daily account balance/no of days in the month. E.g., account balance is 200k from 1-29th sept and withdrawal of 50k on 30th, average daily balance is [(200k X 29) + 150k]/30.
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