Prime Bonanza Offers Prizes Worth Nearly RM500,000

The National Education Savings Fund Corporation (PTPTN) is introducing the "Prime Bonanza" campaign, aiming to reward and encourage savings among Simpan SSPN Prime depositors. The campaign offers a total prize pool of nearly RM500,000, with the goal of appreciating loyal depositors and fostering a saving culture for educational purposes.

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The campaign is a token of appreciation to depositors who continue to choose Simpan SSPN Prime as an education savings instrument, while fostering a continuous saving habit for the future of Malaysian generations.

The campaign, which commenced today and will conclude on October 31, features two prize categories: Platinum and Gold. The Platinum category's grand prize is a Jaecoo J7 2WD PHEV, followed by cash prizes of RM50,000 and RM30,000, and 50 consolation prizes of RM1,000 each. For the Gold category, the top prize is a Proton X50 Flagship, accompanied by cash prizes of RM30,000 and RM10,000, and 50 consolation prizes of RM500 each.

PTPTN stated that the campaign serves as a token of appreciation for depositors who choose Simpan SSPN Prime for their children's education savings. To be eligible, depositors must open a new account or make additional deposits during the campaign period. Each net deposit of RM100 earns 10 entries, while savings made via the myPTPTN app, salary deduction, or direct debit qualify for 20 entries. Crucially, accounts must remain active without withdrawals or transfers during the retention period from November 1, 2026, to January 31, 2027.

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Every net deposit of RM100 in Simpan SSPN Prime qualifies the depositor to receive 10 draws, while savings made through the myPTPTN application, salary deduction, or direct debit will receive 20 draws.

The Chief Executive of PTPTN highlighted that the "Prime Bonanza" campaign underscores the agency's commitment to its depositors. He added that the campaign not only offers attractive rewards but also aims to motivate more parents and the public to consistently save for their children's higher education. PTPTN also noted that Simpan SSPN offers benefits such as income tax relief up to RM8,000 annually, takaful protection, competitive dividends, government-guaranteed savings, and Shariah compliance.

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The Prime Bonanza Campaign reflects the agency's continuous commitment to appreciating the trust and loyalty of depositors who choose Simpan SSPN Prime as an education savings instrument.