Hi True team,
Just wondering whether is it possible for the bank to launch a co-brand debit/credit card with LRT/upcoming MRT companies ? We have so many public bus/train users and it is definitely a great mass market to explore.
p/s: I suppose TNG will definitely against this idea because if this is materialised i suppose their business will get impacted. lol..
Hello True / Agent C
I would like to ride on this thread to share my idea which so far i don't see any bank has such feature:
Could we do base on the FD amount customer has put and offer different rate?
RM 0 - RM20,000 - 3.15%
RM 20,001 - RM50,000 - 3.30%
RM50,001 - RM100,000 - 3.5%
Customer has already 20K FD with Ambank which entitled him for 3.15%
Next, if customer going to put in another RM20,000 then he will be entitled for 3.30%
Of couse, during the period customer is not allowed to withdraw else the bank can impose penalty or any other option to penalise early withdrawal.
This is only a high level concept and i know there are ops issue which we need to address.
First of all, I hope there can be some sort of chart/illustration to help us visualize the amount we can potentially earn from the 2.8% interest based on x amount of money we put into the Savers Account.
I think this 2.8% is great, and it's really really competitive in the market. Here's an idea that'll make it even better - a higher (bonus) interest system based on savings goal met.
There can be three tiers:
Save RM250 per month / 12 months = RM3,000
Earn 2.9% interest p.a.
Save RM500 per month / 12 months = RM6,000
Earn 3.0% interest p.a.
Save RM750 per month / 12 months = RM9,000
Earn 3.2% interest p.a.
Yay or nay?