Huh, got change again? Not 0.6 + (0.25/2)?
Guess he not yet reached step 12
Huh, got change again? Not 0.6 + (0.25/2)?
Huh, got change again? Not 0.6 + (0.25/2)?
wa drop to so low. 想当年 Maxigain was still at sweet 2.2%. hais times have changedoh ya...my bad..
0.6 for counter 12 (that's having to put in this bank for 1 year)
sibor 0.25/2 = 0.125
total: 0.725
slightly better than Maybank isavvy..but..you need to be in maxigain for 12 months..I think 99% of people already left.
wa drop to so low. 想当年 Maxigain was still at sweet 2.2%. hais times have changed
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oh ya...my bad..
0.6 for counter 12 (that's having to put in this bank for 1 year)
sibor 0.25/2 = 0.125
total: 0.725
slightly better than Maybank isavvy..but..you need to be in maxigain for 12 months..I think 99% of people already left.
Wah all fall quite a lot. I am lucky to have parked my life savings in cimb before the rate dropped to 0.3%, it was 1.8% then.360 was at 2.45% (now 1.25%), musical chair was at 2.1% (now 0.7%), Jumpstart was at 2% (now 1%), FastSaver at 1.325% (going to be 0.825%)... Eventually all will adjust. That's why I don't want to be first responder to immediately shift here shift there like 逃难 like that, very the 麻烦…
For reference, based on my calculations, base interest paid out over the last two years has been approximately the following:
2020-06 0.125%
2020-05 0.188%
2020-04 0.455%
2020-03 0.606%
2020-02 0.841%
2020-01 0.858% // bonus interest reduced to 0.05% per counter
2019-12 0.885% // 50% of 1m SIBOR
so what's the max for maxigain now? 0.125%+0.6%?
For June 2020, it was effectively 0.125%+0.6% if you maintained 12 counters.
Even CIMB has reduced the interest for their FastSaver and StarSaver accounts wef 15 Jul. =( It might be a while before things get better again.
I see no point in keeping this account. Many of us already jump ship in Jan and earned better interest in the past 6 months
Saw rates dropping everywhere and was wondering if this will somehow end up slightly higher.
I finally gave up and close on 1 Jul.
maxigain is SIBOR 1m related, until it starts trending up? not forgetting withdrawal will reset your counter to 6 (assuming u r at counter 12).
After some calculations, i jump ship in Jan
Can always open account when it becomes attractive again
I see no point in keeping this account. Many of us already jump ship in Jan and earned better interest in the past 6 months
Hi there, care to share which offers better interest rates? See no point in keeping this maxigain account. Thanks
you forgot RHB 1.375% effective for 100k..
and BOC not 1.45% but 1.25% - 1.45%