Hi bro, if I bank transfer from other bank to Maybank isavvy account in a few batches of deposits (due to bank transfer limit) over two days (Today & Tomorrow) to make up $50,000. So the base interest I will get end Feb is 0.38% of $50,000= $190. Bonus interest in March is 1.62% of $50,000=$810. So in total I will get $190+$810=$1000.
Is my calculation correct?
Ocean has already replied you on the interest calculation.
Today is already 9 Feb and Feb has only 28 days.
My opinion is that you might want to wait and transfer on 1 Mar after checking the interest rate for the new cycle which will probably have Feb as reference month.
If you transfer in Feb, your deposit will only earn prorated bonus interest for Feb (credited in first week of Mar). And you will not earn bonus interest for Mar and Apr as Feb will likely be reference month for the new cycle.
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