MARI invest

[sohguanh]

Today I got 0 for mari invest

Always diversify. Me got Chocolate give a bit today.

 

[rob1977]

Today I got 0 for mari invest

Why? I also got 0 for today

 

[Lè Crayons]

Why? I also got 0 for today

It's based on the fund NAV. If one person get 0, everyone else also get 0.

 

[XiaoFu99]

Currently, Mari Bank has the following daily limit:

Any local bank via FAST -> Mari Bank @ 100k
Mari Bank via PayNow -> Any local bank @ 150k

Say I want to sell 150k from Mari Invest, will that be an issue since Mari Bank has a 100k daily deposit limit?

Thanks

 

[sglandscape]

Currently, Mari Bank has the following daily limit:

Any local bank via FAST -> Mari Bank @ 100k
Mari Bank via PayNow -> Any local bank @ 150k

Say I want to sell 150k from Mari Invest, will that be an issue since Mari Bank has a 100k daily deposit limit?

Thanks

Suggest to spread it out. The maximum amount of money you can have in the Mari Savings account is 100k.

 

[reflecx]

Currently, Mari Bank has the following daily limit:

Any local bank via FAST -> Mari Bank @ 100k
Mari Bank via PayNow -> Any local bank @ 150k

Say I want to sell 150k from Mari Invest, will that be an issue since Mari Bank has a 100k daily deposit limit?

Thanks

You can withdraw directly to another bank when you sell Mari Invest, don't have to go through your Mari Bank account.

 

[XiaoFu99]

Suggest to spread it out. The maximum amount of money you can have in the Mari Savings account is 100k.

Thanks

You can withdraw directly to another bank when you sell Mari Invest, don't have to go through your Mari Bank account.

Wow! I didn't know that.

Just to check, say when I sell via Mari invest and withdraw to DBS, any limit? Will it be limited to 150k per day transfer limit?

 

[reflecx]

Thanks


Wow! I didn't know that.

Just to check, say when I sell via Mari invest and withdraw to DBS, any limit? Will it be limited to 150k per day transfer limit?

I don't know, you can check with Mari customer service

 

[XiaoFu99]

I don't know, you can check with Mari customer service

Thanks.

OK. just checked with CS.

There's no limit on how much you can sell @ Mari Invest (subject to the receiving bank).

If you choose "Mari Bank" as the receiving bank for your sale, then, it will be capped to a maximum of up to 100k (assuming you have zero balance @ Mari bank).

If you choose other bank, then it will be subject to the "maximum transfer" of that receiving bank.

I know DBS has a transfer limit of up to 200k per day but that's outgoing. However, I have never heard of any bank imposing "receiving limit".

 

[AndroidComa]

quite surprised by Maribank last night, i press press around looking for answers, and see a phone number, so decided to call them
omg the call is answered by a local within 2 rings
no automated press 1,2,3 and on hold for 3-5 mins
even priority banking customers over at the 3 local banks are now subjected to the automated voice, press this this this, and verify with SMS OTP

good job maribank

 

[ekardo]

Hmm, last fri really 0% return.

fri - 0
Sat - 0
Sun -0
Mon - 1x interest
Tue - 3x interest
Wed - 1x interest

why sia?

 

[ahchan]

New to Mari Invest as I just opened acct last

Hmm, last fri really 0% return.

fri - 0
Sat - 0
Sun -0
Mon - 1x interest
Tue - 3x interest
Wed - 1x interest

why sia?

Similar to me also....I am new to Mari Invest...just started this week...
Mon and Wed got less interest and Tue is like 3 times of Mon and Wed...

Is this normal? any reason?

 

[sohguanh]

I believe there are some mass withdrawal of monies from the MariInvest Saveplus fund or the TBill they buy matured and not yet fill up with new TBill?

Or 01 July 2024 is when they adjust the manager fees so now recalculating how much to give them?

 

[wutawa]

New to Mari Invest as I just opened acct last


Similar to me also....I am new to Mari Invest...just started this week...
Mon and Wed got less interest and Tue is like 3 times of Mon and Wed...

Is this normal? any reason?

sat and sun returns are reflected on tue.
https://www.maribank.sg/help-centre/article/10247-why-is-there-no-price-movement-on-weekends

do note that daily return isnt fixed and guaranteed. this is an investment so u may lose your capital.
https://www.maribank.sg/help-centre...r-000-daily-returns-displayed-for-mari-invest

(vested in mari invest)

 

[tan kuku]

Is it advisable to put 200k into Maribank Invest?

Please advise.

 

[wutawa]

Is it advisable to put 200k into Maribank Invest?

Please advise.

pls note that mari invest isnt capital and int guaranteed. yield is around 3.6%. know what u r buying with the $200k. make sure u link up your mari invest with another bank acct to withdraw the $200k in a day. i put all my savings into mari invest but it is only $4.7k.

 

[sohguanh]

Is it advisable to put 200k into Maribank Invest?

Please advise.

If you want guaranteed and SDIC protection bad move. Put some Mari Invest and put some in bank FD endowment insurance SSB TBill as those are *almost* all guaranteed. Lower a bit but peace of mind.

 

[kidoleo]

New to Mari Invest as I just opened acct last


Similar to me also....I am new to Mari Invest...just started this week...
Mon and Wed got less interest and Tue is like 3 times of Mon and Wed...

Is this normal? any reason?

For $0 return i think your investment not high enough. Then for someday you get 3 times of other days is i think because Sat & Sun return is put together on that day. I havent really go and ask. But for me so far is constant fixed $ daily. I have invested since Jan this year and none of the days I have received $0 for a day.

 

[kidoleo]

pls note that mari invest isnt capital and int guaranteed. yield is around 3.6%. know what u r buying with the $200k. make sure u link up your mari invest with another bank acct to withdraw the $200k in a day. i put all my savings into mari invest but it is only $4.7k.

Yes it isn't capital & Interest guaranteed.

For capital: the only way you lose your capital is if MariBank & the parent company goes into bankrupcy.
For annual interest: It fluctuates so far between 3.5-4.1% daily, which is considerably still a good return.

 

[wutawa]

Yes it isn't capital & Interest guaranteed.

For capital: the only way you lose your capital is if MariBank & the parent company goes into bankrupcy.
For annual interest: It fluctuates so far between 3.5-4.1% daily, which is considerably still a good return.

U may also lose your capital on days with negative return.