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Maybank vs Public Bank Savings Account Interest Rate [ March 10th, 2010 ] | 146 views | Leave a Comment

Do you know how much interest will you get if you keep your money in your bank savings account nowadays? Someone has asked me which bank savings account work best, MayBank or Public Bank? I told him that basically, all savings accounts are the same. The main purpose is for us to save money only. Without consuming lot of time, I told him that he should open a savings account at a bank, which is convenient for him to do transaction or finding the one that is near to his home. This is because there is slight difference in interest rates.

Here are some of the savings account interest rates obtained from the banks’ latest updated information:

maybank_savings_interest

pb_savings_interest

So, from this comparison, you will found that Maybank Basic Savings Account offers better interest which is 0.25% for balance <= RM10,000.

Malaysia Car Price Reasonable or Not?

For those who bought foreign car like Nissan Sentra, Toyota Vios, Honda City, Toyota Altis, Honda Civic etc, they would pay higher car prices due to our high import duties on foreign cars. Besides that, they would also pay for higher petrol price sooner (Start from 1st May 2010). Do you think this is ridiculous?

Malaysia_car_price

Another situation: Let say the car price increased due to the raw materials cost increased, or it costs more to ship the parts to Malaysia for assembling but it still maintains the car price, means there will have lower quality control. Do you feel satisfy with that? I feel that most of the car company will make use of this tactic, just end user do not know!

Buying cars is probably the heaviest expense for middle class people over the long term. Most families will buy a house only once but a car may be changed every 8-10 years. This will end up buying at least 2 cars.

Unfortunately, our government has become addicted to impose high taxes on foreign cars and so lifting protection for Proton. Sadly, I don’t see any political can try to start this process to bring our car prices down to world market level. Malaysians will continue to pay unreasonably prices for cars in the future.

import_duty_tax
Read More …

February 19th, 2010 | Posted in » Economic Analysis | 3 Comments | 810 views

How To Pay Monthly Car Installment Using Online Banking?

Most of the people won’t have the capability to make car payment using cash and it always pay by monthly installment. Many usually have to pay a down payment on it. For me, i will choose to pay less monthly, so i will put at least 50% down payment.

Pay Monthly Car Installment Using Public Bank

Since I’ve had my bad experience with Maybank, so i won’t use it for my online banking. Currently, my most favor online banking is Public Bank as i found a lot convenient and lower charges than Maybank. For your information, I pay my monthly car installment using Pbebank since it’s more hassle free and save me some travel expenses as i no need to travel to any Public bank branch to make payment.

Step By Step: How To Make Car Installment Using PbeBank?

Step 1: Go to Payment/Recharge -> Loan/Financing Payment -> To Open 3rd Party Accounts

pay_car_installment

Step 2: Click “Request PAC” button.

pay_car_installment

Step 3: Key in your PAC now.

February 16th, 2010 | Posted in » Finance Tips | 2 Comments | 675 views

Wedding Ang Pow Market Rate

According to traditional Chinese customs, ‘Ang Pow‘ is the symbol of prosperity and we give them during wedding as a wish to the couple. And of course to help them offset their wedding dinner costs as well.

WeddingAngPow

Do you know what is the market rate for wedding Ang Pow today? My friend will be holding her wedding dinner at hotel somewhere in Penang. Although she is not the closest friend of mine but I still want to give her a reasonable amount.

February 13th, 2010 | Posted in » Finance Tips | 1 Comment | 873 views

ShopWiki Online Shopping

Nowadays, many people have no time go to shop physical store. Alternatively, there are many online shop has been established these days. You can search in Google for the online shopping list. I have done research and found a good recommendation online shop for you. You can try for shopping with Shop Wiki.

shopwiki_online_shopping

We cannot deny that Shop Wiki is one of the trusted online stores. They offer cheaper price. The reason why Shop Wiki online shopping can give cheaper price is because they no need to pay for hire employee to take care of their stock. They only need to pay for domain and hosting. So, if you are frequent shopper, then you may found this very convenient since you can get updated information of everything for sale through the web.

February 10th, 2010 | Posted in » Other | Leave a Comment | 361 views

How To Register Malaysia Income Tax Online?

As everybody known, Malaysia had introduces the use of income tax e-filing since many years ago. But, there are still a lot of Malaysian do not know how to make use of it. Today, I will teach you step by step on how to do your online register income tax so that you can save a lot of time and trouble.

Steps On How To Do Register Malaysia Income Tax Online

Step 1: Get your PIN number through email. The PIN number is a 16 digit number. Please make sure that you have all the information together so that you no need to do double job:

i) Tax Reference Number
ii) Latest Home Address
iii) Copy of Identification Card (front and back)
iv) Phone Number

Send your application to pin@hasil.gov.my

Step 2: While waiting for your request PIN Number to be processed, you can try log on to http://ekl.hasil.gov.my to register your income tax.

Step 3: Next, click on “Daftar Pembayar Cukai Individu”.

register_income_tax

February 7th, 2010 | Posted in » Finance Tips, Income Tax | 3 Comments | 1,820 views

Namecheap Coupon Code for February 2010

Again, this is the start of wonderful month and we’re back with Namecheap coupon code for February 2010. For me, Namecheap is the best domain registrar Company. I will always share out the Namecheap coupon codes which will help you to save money on domain registration.

February2010NameCheapCoupon

Here is Namecheap coupon code for February 2010:

February 4th, 2010 | Posted in » Domain Name | 2 Comments | 556 views

Beware of Malaysia Phone Call Scam !!!

As most Malaysian knows, our newspaper will be flooded by a lot of interesting news each period of time. Nowadays, i can see that more and more SMS Scam cases capturing the highlights of our local newspaper. Recently, I have received a phone call asking if I can do a phone survey, and they would like to know more about the consumer’s buying pattern. I have given them a chance and answered several questions and at the end of the call, the operator gave me a number. He invited me to attend their shop and said that i can have chance to win the “lucky draw” prizes.

phone_call_scam

I did not go for the event but i received a phone call that tells me i have won the lucky draw which is the cash prizes of RM100k and the event organizer request my bank account number in order for them to transfer money to me. I did not quite believe with him and i refused to give him my bank account number. Instead of that, I told them to write a cheque for me but he gave excuses that they are unable to send me the cheque but they have opened a temporary account in Hong Kong’s Bank where they have placed the money there and also gave me the account number & password to access that the account. Then, i started to call the bank and the automated voice machine said that i have HK$200k deposited. However, i still cannot fully trust them and request them for more proof and they gave me a website where they sell products.

February 1st, 2010 | Posted in » Finance Tips, News & Announcement | 3 Comments | 699 views