maybank isavvy promo

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ctan84

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roz_sid said:
if i enjoy the sep and oct promo, if i continue to keep inside will i get the nov-jan promo?
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Only the amount above your Oct average daily balance. Pls read the T&C. Don't next thiing ask how to calculate average daily balance zzzz
 
roz_sid

roz_sid

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but what if i withdraw 1st nov and deposit it back on 1st dec. will i enjoy dec and jan 2025
 
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ahchan

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Based on previous experience, today (5th day) should get the Bonus Interest...
Not sure if it is still true for the new promo...
Anyone has got it?
 
Lè Crayons

Lè Crayons

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ahchan said:
Based on previous experience, today (5th day) should get the Bonus Interest...
Not sure if it is still true for the new promo...
Anyone has got it?
Click to expand...
Which new promotion are u referring to? The Nov to Jan 25 is the new promotion I know.

Or are u referring to the July to Oct 24 promotion? For this wait till end of day.
 
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chopra

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Hi. I took part in sep and oct promo. Nov i emptied till $500.

Do i get el3.4% if i put back in dec?

what is the limit? The tnc only says above $200k get 3.4%. Cant possibly be more than $x million right?

Illustration for iSAVvy Savings Account and iSAVvy Savings Account-i (November 2024 to January 2025): 3.40% p.a assumes Incremental Average Daily Balance of S$200,000 + 1.80% p.a. prevailing rate.
The bonus rates will only apply to incremental Average Daily Balance of minimum S$10,000.
 
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ThreeSteps

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chopra said:
Hi. I took part in sep and oct promo. Nov i emptied till $500.

Do i get el3.4% if i put back in dec?

what is the limit? The tnc only says above $200k get 3.4%. Cant possibly be more than $x million right?

Illustration for iSAVvy Savings Account and iSAVvy Savings Account-i (November 2024 to January 2025): 3.40% p.a assumes Incremental Average Daily Balance of S$200,000 + 1.80% p.a. prevailing rate.
The bonus rates will only apply to incremental Average Daily Balance of minimum S$10,000.
Click to expand...
date of this post: 01 Dec 2024

Bank website: https://www.maybank2u.com.sg/en/promotions/deposits/fresh-funds-topup.page?
Refer to actual t&cs: https://www.maybank2u.com.sg/iwov-resources/sg/pdf/promos/fresh-funds-topup-tnc.pdf
Point#5 :
5. The Incremental ADB in the Account refers to the increase in the average daily balance during the applicable calendar month during the Promotion Period as compared to the average daily balance in the Account for the month of October 2024……

Whenever interest is calculated based on Incremental ADB, you need to be alert about the comparison month.
 
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JetStorm

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ahnyaahnya said:
Play musical chairs.... to another bank
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Wah dang. I was in their Sep to Oct 2024 promo. Then moved funds to SCB on 31 Oct 2024 to take part in their Saver Marathon promo.

Jan 2025 onwards any recommendations on which other bank to musical chair with? Since Maybank current promo is using reference month Oct 2024.
 
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changruihao

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Hi can i ask why is there interest payout today for nov to jan promo? Isnt it supposed to be paid out 10 days after jan 31st? And the amount seems smaller than expected also
 
AlvinDj

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Does Maybank have any cut-off time daily and same day value date for incoming funds transfer on weekends / PH etc?
 
Lè Crayons

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changruihao said:
Hi can i ask why is there interest payout today for nov to jan promo? Isnt it supposed to be paid out 10 days after jan 31st? And the amount seems smaller than expected also
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The interest paid at month end (30 Nov) is the base interest rate. You will receive the bonus interest rate on 5 Dec.

This will repeat for Dec and Jan.
 
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ahnyaahnya

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ctan84 said:
Which part of reference month is October average daily balance do u not understand?
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My promo isavvy ended in October. Blur me thought it would end in Nov.
Only realised my mistake near end of November 😢
 
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