CELCOMDIGI X BOOST BANK 4% P.A. PROMOTIONAL INTEREST RATE FOR CELCOMDIGI JAR CAMPAIGN
1. What is CELCOMDIGI X BOOST BANK 4% P.A. PROMOTIONAL INTEREST RATE FOR CELCOMDIGI JAR CAMPAIGN?
The Campaign offers eligible users a promotional interest rate of 4% p.a. daily interest on end-of-day balances in one (1) Special Jar known as “CelcomDigi Jar”
2. What is the campaign period?
8th August 2024 to 7th November 2024
3. Who is eligible to earn the Promotional Interest Rate?
To be eligible to earn the Promotional Interest Rate, you will need to meet the following criteria:
a) New to Boost Bank
- Register Boost Bank account via Boost app.
- Spend min. RM20 on CelcomDigi postpaid or prepaid bills every month. using the Boost app as your payment method
b) Existing Boost Bank customer registered via Boost Bank app
- Linked their Boost Bank account with their Boost app, and
- Spend min. RM20 on CelcomDigi postpaid or prepaid bills every month using the Boost app as your payment method
4. I have just created my Boost Bank account and deposited funds into it. When can I start earning interest?
You can start earning the 4% p.a. interest rate immediately if you are a CelcomDigi customer and have deposited funds into the CelcomDigi Jar.
5. How do I get the CelcomDigi jar?
If you're already a Boost user paying your CelcomDigi bill via the Boost app, the CelcomDigi Jar will automatically appear on your Special Jars page when you log in to your Boost Bank account via the Boost app.
If you haven't paid a CelcomDigi bill via Boost yet, simply spend a minimum of RM20 on your CelcomDigi bill or prepaid top-up. This will automatically unlock the special CelcomDigi Jar for you on your Special Jars page.
6. Is there a minimum amount I need to deposit to enjoy the 4.0% p.a. interest rate?
You can start earning 4.0% p.a. interest with a deposit as low as RM1 in your CelcomDigi Jar.
However, you must also spend at least RM20 at CelcomDigi using Boost as your payment method to qualify for the 4.0% p.a. interest rate.
7. I have successfully unlocked the CelcomDigi Jar. How long can I enjoy the promotional 4% p.a. daily interest rate?
After unlocking the Special Jar, you can enjoy the promotional rate during Month 1 and Month 2. To continue enjoying the rate in Month 3, you will need to complete the transaction criteria in Month 2. This applies to all subsequent months during the Campaign Period.
Illustration:
User A unlocks the Special Jar on 21 August 2024. They can enjoy the promotional rate on this Jar until 30 September 2024.
User A spends RM50 on CelcomDigi bills on 15 September 2024. This allows User A to continue enjoying the promotional rate until 31 October 2024.
User A does not pay for any CelcomDigi bills in October 2024. As such, User A’s Special Jar will be deactivated on 1 November 2024. The funds within the Special Jar, including interest earned, will be returned to User A’s Savings Account.
8. What if I don’t meet the RM20 spending requirement at CelcomDigi in a month?
Your CelcomDigi Jar will be closed if you don’t spend RM20 at CelcomDigi bills with Boost in a month. Any funds and interest will be transferred to your main account.
9. I have fulfilled all the eligibility criteria, but I'm still not earning 4% p.a. daily interest on my Special Jar. What do I do?
Kindly contact our Boost Bank Support team via one of the channels below:
For Bank related enquiries, please contact:
Hotline: +603 8658 3000
Email: support@myboostbank.co
Webform: https://myboostbank.zendesk.com/hc/en-gb/requests/new
For Boost Wallet related enquiries, please contact:
Email: support@myboost.co
10. When will the interest be credited to my Boost Bank account?
The interest will be credited to your Boost Bank account weekly, ie. every seven (7) days, from the day you open your Boost Bank account, Savings Jar(s) and/or Special Jar(s).
Illustration:
On Day 1, you opened your Boost Bank account and deposited funds into your Savings Jar. On Day 8, your interest earned will be credited to your Savings Jar.
11. What is the maximum capping for this Promotional Interest Rate?
The maximum capping is RM50,000,000 on total eligible deposits on a first-come, first-served basis.
12. Is there any limit to the total interest that I can earn under this Promotional Interest Rate?
Yes, there is a maximum individual cap of RM 50,000. This means that the promotional interest rate of 4% p.a. will only apply to the RM 50,000 saved in the special CelcomDigi Jar.
13. I previously deposited funds into the CelcomDigi jar; however, it is now locked, and the Jar balance is RM0.00. Why is this happening?
To reactivate your CelcomDigi Jar, spend a minimum of RM20 on CelcomDigi bills using Boost as your payment method (via the Boost app, Celcom Life app, or MyDigi app). Deposit any amount into the Jar to start earning 4% p.a. promotional interest rate once again.
14. If I pay my CelcomDigi bill for 3 months in 1 payment, does that mean my CelcomDigi jar will remain unlocked for 3 months?
No, paying your CelcomDigi bill in advance for three months in one payment does not keep your CelcomDigi Jar unlocked for that duration. You need to pay a minimum of RM20 on your CelcomDigi bill via the Boost app every month to keep the jar unlocked.
15. What happens to my interest rate after the Campaign Period ends?
After the Campaign Period ends, your CelcomDigi Jar will automatically be closed and your balance will be transferred to your Boost Bank Savings Account.
16. Will I be notified if my CelcomDigi Jar is closed?
Yes, you will receive a notification when your CelcomDigi Jar is closed, and the funds are transferred back to your Boost Bank Savings Account.
17. I already have the Special MYDIN Jar. Can I still unlock the Special CelcomDigi Jar?
Yes, you can have multiple Special Jars as long as you meet the eligibility criteria for each.