HSBC Step Up Promo - Part 2

[Jirachi]

Just to confirm something.

If I opened my EGA account in April, my reference month is March which is $0.

If I were to top-up $X, my 4.35% is on the X amount correct? I do not need to take the difference to the minimum of $2000.

 

[testingabc]

Weird. It is almost 2 weeks after I opened the EGA+ account. Still no debit card.

Just sharing took 1 month for me to receive the debit card

 

[Froggyman]

Just to confirm something.

If I opened my EGA account in April, my reference month is March which is $0.

If I were to top-up $X, my 4.35% is on the X amount correct? I do not need to take the difference to the minimum of $2000.

Yes. correct. 4.35% for the $x amount as reference to Mar which is $0

 

[testingabc]

Just to confirm something.

If I opened my EGA account in April, my reference month is March which is $0.

If I were to top-up $X, my 4.35% is on the X amount correct? I do not need to take the difference to the minimum of $2000.

HSBC got 2 promo
1) For EGA bonus, the reference month will be 1 month before the month u send the SMS.
If u SMS on April, reference month will be March. As long as X inside from April - July, you will get 4.35% x 4

HSBC got another promo
2) Everyday+ where u do 2K in and 5 x FAST transfer every 2 months for the additional 1 %
The reference month will be previous month in this scenario

 

[Jirachi]

Just sharing took 1 month for me to receive the debit card

Oh wow. That was "quick"

1 week interpreted as 1 month

 

[Jirachi]

Yes. correct. 4.35% for the $x amount as reference to Mar which is $0

Thank you sir!

 

[Jirachi]

HSBC got 2 promo
1) For EGA bonus, the reference month will be 1 month before the month u send the SMS.
If u SMS on April, reference month will be March. As long as X inside from April - July, you will get 4.35% x 4

HSBC got another promo
2) Everyday+ where u do 2K in and 5 x FAST transfer every 2 months for the additional 1 %
The reference month will be previous month in this scenario

Yup, I understand both of the promos.

 

[wenguang]

Oh wow. That was "quick"

1 week interpreted as 1 month

mine within 1 week, cc card after 2 week. i apply from branch

 

[PC-User]

...

HSBC got another promo
2) Everyday+ where u do 2K in and 5 x FAST transfer every 2 months for the additional 1 %
The reference month will be previous month in this scenario

I received the sms just now saying '...from now until 31 may...' will get the 1% cashback blah blah blah...

T&C says it's 'the day after the date meeting the criteria...'

So in this case it's starting now (today) or a few days before when I've done the 2000/5x (because I've already started using the debit card)?

 

[PC-User]

Oh wow. That was "quick"

1 week interpreted as 1 month

My friend applied for the EGA account online on 30 Mar, received the debit card yesterday.

 

[wira]

i applied for giro payment for dbs cards pay from EGA since mid march. till now still pending. sigh ...

 

[wenguang]

i applied for giro payment for dbs cards pay from EGA since mid march. till now still pending. sigh ...

should be soon, i apply by sending letter on 20th march. DBS sent a letter by mail to confirm the reception of the letter 1 week later. Then HSBC sent sms on 6th to inform setup done.

 

[jseyong]

Anyone knows for application of HSBC EGA to maybank/citibank/UOB/AMEX, how do the respective banks inform us that the application is being processed?
Is it like DBS/SC where they will send a physical letter after about 1-2 weeks?

Would like to get the assurance from maybank/citibank/UOB/AMEX that my applications are being reviewed

 

[Trazora]

I was in Dec-Mar cycle and my Mar ADB is high, so I shall skip Apr and wait till May to roll in EGA Bonus Interest Promotion, right?

yes, keep ur Apr balance low

 

[Trazora]

Anyone knows for application of HSBC EGA to maybank/citibank/UOB/AMEX, how do the respective banks inform us that the application is being processed?
Is it like DBS/SC where they will send a physical letter after about 1-2 weeks?

Would like to get the assurance from maybank/citibank/UOB/AMEX that my applications are being reviewed

your cc statement will indicate payment will be via Giro.

 

[vbhelper]

System is flushing out missing cashback liao. Check your account!

their system unstable that got missing cashback?
I don't usually keep track and rely on their system

 

[testingabc]

I received the sms just now saying '...from now until 31 may...' will get the 1% cashback blah blah blah...

T&C says it's 'the day after the date meeting the criteria...'

So in this case it's starting now (today) or a few days before when I've done the 2000/5x (because I've already started using the debit card)?

Based on TnC :

“Spend Period” refers to the period starting from the day after the date on which the Eligible Customer has met all the Eligibility Criteria, to the end of the next calendar month. For example, if the Eligible Customer meets all the Eligibility Criteria on 10 August 2021, the Spend Period shall be from 11 August 2021 to 30 September 2021.

Should be 1 day after u meet the eligibility criteria, if need confirmation best to chat with HSBC CSO

 

[jseyong]

your cc statement will indicate payment will be via Giro.

Thanks! I was wondering about the step before this happens though - will maybank/citibank/UOB/AMEX inform via a physical letter that the application is being processed?

 

[edwinksl]

Thanks! I was wondering about the step before this happens though - will maybank/citibank/UOB/AMEX inform via a physical letter that the application is being processed?

In my experience, not all banks and financial institutions will inform you via letter that the GIRO application is being processed. The only bank that I recall did this is DBS.

 

[Trazora]

Thanks! I was wondering about the step before this happens though - will maybank/citibank/UOB/AMEX inform via a physical letter that the application is being processed?

dun recall so