Money talk

Feb 13, 2013

Tabung Haji bonus 2012

Tabung Haji (TH) announced 6.5% + 1.5% bonus to be given to its depositors last Thursday and the amount was credited into the depositors' account on February the 10th.  But somehow, I think the formula for the bonus calculation shown in its website are missing the word 'Jumlah'.  They should read

(Jumlah baki minimum bulanan dari Januari 2012 hingga Disember 2012)/12 x 6.5%
+
(Jumlah baki minimum bulanan dari Januari 2006 hingga Disember 2012)/84 x 1.5%

The way they are written is confusing, at least to me and some of my friends.  We thought that it is the minimum balance of all rather than cumulative minimum balance that is to be divided by 12 (and 84 respectively).  If that is the case, then the 8% bonus is meaningless ...
And this is mine, a total of RM596.80
My pocket money to be spent in Makkah next month :-p

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