HL Bank (Hong Leong) iSavings Account promo

[heng_ah]

Just received a callback from HL. Any promo rates if any will only be made known on 1st July.

Sian... I have to transfer out the fund in 4 days back to back as they impose only 50k for the fast transfer limit. I wish the fund can stay there a bit longer as it has no where to go

 

[Guojing88]

With CIMB lowering rates, we can expect HL bank to follow suit

 

[gq.ong88]

Just received a callback from HL. Any promo rates if any will only be made known on 1st July.

Called to reset my token, and they said same thing. I presune the rates on 1st jul shld be the prevailing rate without the bonus rate component.

 

[Cumzilla]

Called to reset my token, and they said same thing. I presune the rates on 1st jul shld be the prevailing rate without the bonus rate component.

that would be 1.155% for 1st 100K, considering others are giving below 1%, i think very unlikely...

 

[xXxJavierxXx]

Rates update?

 

[mummynew]

I called up and if have recorded correctly, the rates from 1 Jul to 30 Sep 20 will be:

First 20K - 0.3% + Bonus 0.58% = 0.88% (from 1.08%)
Next 30K - 0.3% + 0.78% = 1.08% (from 1.38%)
Next 150K - 0.3% + 0.78%= 1.08% (from 1.71%)
Next 800K - 0.3% + 0.58% = 0.88% (from 1.48%)

(above 1 mil I didnt record)

Said backend office yet to update internet page. Maybe someone can call 6818 0503 to reconfirm the above is correct.

 

[Extremme]

I called up and if have recorded correctly, the rates from 1 Jul to 30 Sep 20 will be:

First 20K - 0.3% + Bonus 0.58% = 0.88% (from 1.08%)
Next 30K - 0.3% + 0.78% = 1.08% (from 1.38%)
Next 150K - 0.3% + 0.78%= 1.08% (from 1.71%)
Next 800K - 0.3% + 0.58% = 0.88% (from 1.48%)

(above 1 mil I didnt record)

Said backend office yet to update internet page. Maybe someone can call 6818 0503 to reconfirm the above is correct.

I called too

First 20K - 0.88% (from 1.08%)
Next 30K - 1.08% (from 1.38%)
Next 150K - 1.08% (from 1.71%)

Correct.

 

[Cumzilla]

I called too

First 20K - 0.88% (from 1.08%)
Next 30K - 1.08% (from 1.38%)
Next 150K - 1.08% (from 1.71%)

Correct.

actually still above 1% for 100k, means it has become the old CIMB fastsaver...

 

[awleong]

I called too

First 20K - 0.88% (from 1.08%)
Next 30K - 1.08% (from 1.38%)
Next 150K - 1.08% (from 1.71%)

Correct.

So no changes in rates right? Did they said valid till when?

 

[heng_ah]

So no changes in rates right? Did they said valid till when?

I just called.
Until Sep 2020.

up to 20k = 0.88%
next up to 200k = 1.08%
more than 200k = 0.88%

I think I will stay put as no where to go

 

[iduncheckmail]

they updated the daily interbank transaction limit to 100k

 

[oinkoink1999]

actually still above 1% for 100k, means it has become the old CIMB fastsaver...

Sorry I'm noob here. How do I calculate EIR if say I put 100k?
My isavvy promo ended yesterday thinking of putting into this

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[shpesft]

EIR: 1.04% for 100k

[(20,000 x 0.88%) + (80,000 x 1.08%)]/100,000= 1.04%

EIR: 1.06% for 200k

[(20,000x 0.88%) + (180,000 x 1.08%)]/200,000= 1.06%

Sorry I'm noob here. How do I calculate EIR if say I put 100k?
My isavvy promo ended yesterday thinking of putting into this

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[Torenoo]

still one of the best for no frills for now ?

 

[Torenoo]

EIR: 1.04% for 100k

[(20,000 x 0.88%) + (80,000 x 1.08%)]/100,000= 1.04%

if 200k should be higher right ?

 

[yiron]

if 200k should be higher right ?

$200k should be 1.06%. Anything above $200k gets 0.88%.

 

[wutawa]

https://www.hlbank.com.sg/en/person...t/isavings-account.html#accordion1199068791-4

 

[satayxp]

sian man.. any better rates elsewhere?

 

[oinkoink1999]

EIR: 1.04% for 100k

[(20,000 x 0.88%) + (80,000 x 1.08%)]/100,000= 1.04%

Thank you bro.

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[oinkoink1999]

Just to check theres 5 dollars charge if balance is below 5k?

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