CIMB FastSaver

[artemov]

Same, received!

 

[reflecx]

CIMB based interest is tiered. the EIR % for base interest is lower than the headline 3.5%. Now promo they give you addiotional up to 3.4% for Aug promo.

By participating in the promo, you get less interest than not participating, does it make sense?

Again, you are mistaken. You will still receive 3.5% for those amounts (FastSaver 50-75k and StarSaver > 250k), the rest will earn total 3.4%.

 

[Mickey01]

Again, you are mistaken. You will still receive 3.5% for those amounts (FastSaver 50-75k and StarSaver > 250k), the rest will earn total 3.4%.

no comments. As long as i know what I am doing and I know I'm not mistaken.

 

[60Remajust]

Mine is in

mine is in too. just 1 credit amt for both mths hor

 

[Sambuca78]

mine is in too. just 1 credit amt for both mths hor

I also got mine but how u know it is for both mths?

 

[60Remajust]

I also got mine but how u know it is for both mths?

im not sure either cause i didn't track my ADB

 

[tiertime]

mine is in too. just 1 credit amt for both mths hor

I also got mine but how u know it is for both mths?

im not sure either cause i didn't track my ADB

I took part in Jun, Jul, Aug
Reference mth last day of May

I was using Star saver
I just called the CIMB Hotline the CSO told me :
Jun and Jul interest credit on 2nd Sep
Aug interest credit by 30th Sep

The interest is not calculated based on ADB but for Each day, they will calculated based on TIER on a DAILY BASIS ,

This makes it very difficult for us to calculate unless we do a lot of recording and calculations on our excel file by recording EACH DAY and calculate each day based on TIER !!!

ON 2ND Sep, I Only received $40 interest !!!!!



I think to lessen the calculation complication, just put the SAME AMOUNT for Everyday and do not make any transactions on the account

 

[reflecx]

I took part in Jun, Jul, Aug
Reference mth last day of May

I was using Star saver
I just called the CIMB Hotline the CSO told me :
Jun and Jul interest credit on 2nd Sep
Aug interest credit by 30th Sep

The interest is not calculated based on ADB but for Each day, they will calculated based on TIER on a DAILY BASIS ,

This makes it very difficult for us to calculate unless we do a lot of recording and calculations on our excel file by recording EACH DAY and calculate each day based on TIER !!!

ON 2ND Sep, I Only received $40 interest !!!!!



I think to lessen the calculation complication, just put the SAME AMOUNT for Everyday and do not make any transactions on the account

$40 interest means your ADB for the 2 months is around $12k? If you want to calculate yourself, then you have to do the work, otherwise just leave it to the bank and assume they're doing correctly.

 

[rest1ess]

I took part in Jun, Jul, Aug
Reference mth last day of May

I was using Star saver
I just called the CIMB Hotline the CSO told me :
Jun and Jul interest credit on 2nd Sep
Aug interest credit by 30th Sep

The interest is not calculated based on ADB but for Each day, they will calculated based on TIER on a DAILY BASIS ,

This makes it very difficult for us to calculate unless we do a lot of recording and calculations on our excel file by recording EACH DAY and calculate each day based on TIER !!!

ON 2ND Sep, I Only received $40 interest !!!!!



I think to lessen the calculation complication, just put the SAME AMOUNT for Everyday and do not make any transactions on the account

Since all tiers gave same total interest rates, just compare this rate against total interests received over the months?

 

[sibeiTrolled]

ON 2ND Sep, I Only received $40 interest !!!!!

This is your bonus interest for both month.

You should have received your base interest for Jul and Jun on each month end. Can you add them up?

Since its 40, means you have about 20-30K in your account.

 

[Intel888]

I'm in the Aug cycle.
July balance = $1.

Q: Is the 3.4% Bonus Interest for all top up amounts (min 5k) in the 3 months of Aug, Sep, Oct?]

New to this.
Is my understanding correct?

 

[tiertime]

$40 interest means your ADB for the 2 months is around $12k? If you want to calculate yourself, then you have to do the work, otherwise just leave it to the bank and assume they're doing correctly.

This is your bonus interest for both month.

You should have received your base interest for Jul and Jun on each month end. Can you add them up?

Since its 40, means you have about 20-30K in your account.

Everyday I make several transactions and daily End Day is different amount , even if u ask me calculate by ADB, the CSO Says it is INCORRECT to calculate by ADB

SO , It's really quite difficult for me to verify if the interest amt I'm getting is correct or not


I am now totally no idea with how to calculate due to the above senerio,
This month is a new cycle, the CSO SAys if I want to continue, just withdraw out from my Starsaver to put in another bank then redeposit into FastSaver to qualify

It's become 3.3% now for the cycle starting in Sep, NOT 3.5% , he says their website still put wrong info which will be updated later

 

[tiertime]

Since all tiers gave same total interest rates, just compare this rate against total interests received over the months?

Different tier different interest % given , u dunno meh

 

[compro_1975]

I m on Jun, Jul and Aug batch, come 31 August, must also maintain $5000 or can empty account le?

when u say jun, it means jun u put in the money right?

 

[compro_1975]

i planning to make an excel on it...... i only got 420 as interest... below my expected 570

 

[compro_1975]

Hi all,

1st of September falls on Sunday, so any activity on fastsaver will reflect on next business day right?

So when should we empty this account out since my promo is until end of this month. should I remove it on 1st? Planning to move my funds to SC esaver, but SC also post Sunday transaction on next business day. So im wondering when is the best time to move my funds around.

SC which is a good account to move to? esaver?

 

[compro_1975]

anyone got tips how to open malaysia CIMB account?

 

[tiertime]

i planning to make an excel on it...... i only got 420 as interest... below my expected 570

I hv no idea why the CSO kept telling me the interest is calculated DAILY based on TIER, When the website alr stated the promo rate for Jun, Jul, Aug was 3.5%.... sigh...

Maybe I will do an excel too and call them up again... Wah so troublesome

 

[Sambuca78]

when u say jun, it means jun u put in the money right?

Ya, was empty before june. I have wd everything and left $1 on 1 September.

 

[heng_ah]

I hv no idea why the CSO kept telling me the interest is calculated DAILY based on TIER, When the website alr stated the promo rate for Jun, Jul, Aug was 3.5%.... sigh...

Maybe I will do an excel too and call them up again... Wah so troublesome

Just wanted to say if it's based on TIER then it ain't troublesome.
It's tiertime
(Username checks out.... LOL)