Standchart eSaver

[CaptainWu]

Called SC.. their Relationship Officer called me back mentioned if want to get the 4%, tomorrow must trf $100k to my esaver account. Another $100k by 7th June in order to enjoy this promotion.
True?

Once i become priority member, i can redraw my money and interest base on my average balance for the next 6 mths.

Its like putting a FD of 4% for 6 months with the flexibility of withdrawal in this case? Just note that you will then have to maintain 200k on ADB so withdrawal properly limited.

 

[SantyBalls]

Its like putting a FD of 4% for 6 months with the flexibility of withdrawal in this case? Just note that you will then have to maintain 200k on ADB so withdrawal properly limited.

It's incremental monthly adb right?

Technically if you withdraw all next mth, then following mth start using, also can rigbt

 

[CaptainWu]

It's incremental monthly adb right?

Technically if you withdraw all next mth, then following mth start using, also can rigbt

If you read what @yeochris quoted earlier, this is kind of invitation deal not the published one so I believe no need to follow incremental ADB, just like those invitation email received normally just a fixed rate across for a period with the ADB there.

 

[yeochris]

i never receive any invitation. I saw from web promotion and call in

Standard Chartered Priority Banking Exclusive e$aver Promotion

https://www.sc.com/sg/save/savings-accounts/esaver/

 

[touchring1]

Called SC.. their Relationship Officer called me back mentioned if want to get the 4%, tomorrow must trf $100k to my esaver account.

I also called, but the customer service don't appear to have much knowledge. Maybe their promotion is too confusing even for their own staff to understand.

Maybe should write in or go down to the branch. She did say, anyone with priority bank stamp, whether new or old will qualify as long as it is "fresh fund".

Another $100k by 7th June in order to enjoy this promotion.
True?

https://www.sc.com/sg/save/savings-accounts/esaver/
The website didn't mention another $100k by 7th June.

Once i become priority member, i can redraw my money and interest base on my average balance for the next 6 mths.

This part also confusing, I think I saw something like can't withdraw or is it another plan?

 

[SantyBalls]

I also called, but the customer service don't appear to have much knowledge. Maybe their promotion is too confusing even for their own staff to understand.

Maybe should write in or go down to the branch. She did say, anyone with priority bank stamp, whether new or old will qualify as long as it is "fresh fund".

I called asking if i would get new customer 4%

They prolly see esaver site and say i non vip so only 3.8% lol

 

[hwarzoner]

Waiting for June

 

[Devilsire]

hopefully i'll receive invitation again when my 4% expires on 31Aug, save me hassles of musical chair and monitoring incremental balances
any spare fund just dump in, now my esaver keep growing fatter as my various tbill mature,

 

[SBC]

Is new rate for June out?

 

[sglandscape]

Is new rate for June out?

Their website not updated yet, not sure if rates are discontinued

 

[mrwirus]

It's slow to update.. 940am liao. Now i don't know if i should move the money out.

 

[ahnyaahnya]

It's slow to update.. 940am liao. Now i don't know if i should move the money out.

Probably no more promo.
HSBC cut theirs by 2 months , from 4 months to 2.
So SCB? Cut by 2 , from 2 to zero ?

 

[konan~]

Their website not updated yet, not sure if rates are discontinued

In addition to the rate, have to note the incremental fresh funds is compared to which month's average daily balance. Most likely will be compared to May 2023 and then have to do musical chair if you are not on the invite list.

 

[konan~]

Probably no more promo

Likely will have promo. Just have to wait a little while longer unless you have other high yield account to park your cash.

 

[ahnyaahnya]

Likely will have promo. Just have to wait a little while longer unless you have other high yield account to park your cash.

Me withdrew from HSBC , deposited some into a savings at OCBC 3.7%.
Waiting for few days to decide what to do with the rest

 

[Hulky8]

i never receive any invitation. I saw from web promotion and call in

Standard Chartered Priority Banking Exclusive e$aver Promotion

https://www.sc.com/sg/save/savings-accounts/esaver/

That z why life z unfair,,,small investor needs the 4% most but must be beset w so many conditions
while those in priority w money ,no need take out interest amt to pay groceries just sit there n collect
4% no need to ve headache,,,,sob,,sob,,orang kaya berbeza,,sob,,,sob

 

[BigJay]

3.4%. Inside updated TnC (which has an error, reference month Mar23 instead of May23)

 

[addict951]

3.4%. Inside updated TnC (which has an error, reference month Mar23 instead of May23)

Tks for the alert
Link here:
https://av.sc.com/sg/content/docs/s...07C0600168480A495FE2%40AdobeOrg|TS=1685585883

 

[testingabc]

Me withdrew from HSBC , deposited some into a savings at OCBC 3.7%.
Waiting for few days to decide what to do with the rest

I withdrew from HSBC too, thinking whether to go eSaver or gosaver

 

[konan~]

3.4%. Inside updated TnC (which has an error, reference month Mar23 instead of May23)

Maybe not an error. If ref month is Mar23, those who went in for the Apr-May23 promo can continue to take part in this promo but at 3.40% rate.
I was on invite list since Feb so cannot enjoy the promo rate now.