questions about MY:why ABMB isn’t in the recent list? is SSPN a good place to park war chest?

Alliance Bank Malaysia is a lot smaller than the others like Maybank, Public Bank, CIMB, etc. Alliance Bank is also not as well managed as Public Bank (like what people on the street always say Public Bank is the most profitable one, which is true) in terms of net profit consistency, higher cost-to-net-income ratio as well as higher gross impaired loans ratio. Thanks for your feedback as well and we will review the course/bank list from time to time.

For SSPN, it is for more long-term investment to me since there are restrictions when you want to withdraw your money. It is giving us about 3.79% dividend on average per year in the past 10 years (https://theedgemalaysia.com/node/707113). Since this is for longer term (for higher education savings), I would rather place the money elsewhere like EPF that easily gives me at least 5% dividend a year. EPF also allows us to withdraw money to pay for our or our family's higher education fees.

If you don't like the idea of your money getting 'locked up' in an account, Touch N' Go Go+, KDI Save, Versa Cash are UOB One Account are also good options to park our extra money in the short term as I have written here (https://fifthperson.com/4-low-risk-cash-investments-malaysia-2024/). KDI Save and UOB One Account are currently giving away interest rates up to 4% a year (with terms and conditions) which is even better than SSPN's rate without any withdrawal restrictions.