HSBC Step Up Promo - Part 2

royalmix

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quick question for those who have done this before:
say my ADB in July is 0, in Aug is 100K, will the bonus interest be paid for Sept too or just for Aug? Thanks!
A quick question deserve a quick answer!

You will get BI for both Aug and Sept if you continue to keep the 100k deposited in Aug till end Sept, even if there are movements during the mth of Aug and Sept.

There is another component of "bonus interest", ie 1%pa which is only paid on incremental ADB for Aug as compared to July, and for Sept as compared to Aug if there is any incremental ADB. (this is subject to a separate tnc which you have to comply!)
 
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Sambuca78

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Have you found the answer? Promo is still on for you to catch it! Read more here:

https://forums.hardwarezone.com.sg/threads/uob-one-account.5037662/post-152924039


I was busy teaching my community how to hack to enjoy a better promo from POSB, at least 6% pa for 5 mths, we managed to lock-in, promo ended on 31 July! :love: Read more here:

https://forums.hardwarezone.com.sg/threads/dbs-changed-its-mutiplier-plan.5699929/post-153258044
But posb can fast SALA meh? I not familiar with multiplier leh, can share ma? Thks.
 

twosix

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A quick question deserve a quick answer!

You will get BI for both Aug and Sept if you continue to keep the 100k deposited in Aug till end Sept, even if there are movements during the mth of Aug and Sept.

There is another component of "bonus interest", ie 1%pa which is only paid on incremental ADB for Aug as compared to July, and for Sept as compared to Aug if there is any incremental ADB.
Never answer the question. He asked when will the interests be paid. Haha.
 

royalmix

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quick question for those who have done this before:
say my ADB in July is 0, in Aug is 100K, will the bonus interest be paid for Sept too or just for Aug? Thanks!

I mean for the Aug bonus interest promo: is the bonus counted for Aug only (if there's no new funds in Sept), or both Aug & Sept?

Never answer the question. He asked when will the interests be paid. Haha.
Hello! You are answering your own question!

Since when did he ask about "when"? You added the word "when" into his question yourself! Pls read again, he reworded his question! Pls learn to comprehend/understand what he wrote, he wants to know will he get BI for Sept too, and I answered!
 

maumu

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Seems like for May instead? Haha HSBC is seldom so prompt. But my interest doesn’t seem to tally though. Checking with them now.
1% everyday+ is paid monthly based on incremental balance from previous month.

not sure if you're referring to the same thing or got confused by the EGA bonus interest.
 

tweeety

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1% everyday+ is paid monthly based on incremental balance from previous month.

not sure if you're referring to the same thing or got confused by the EGA bonus interest.
the 1% you referring is 3.5% + 1% for the balance interest rate or the 1% is for those giro for cc, cc usage?
 

myPosting

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Does spending with credit card still get the 1% cashback on EGA. Heard still have after the new rules kick in, is this true?
 

60Remajust

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My funding was in late jul around 26.

No funding in august only 5 txns but I got the everyday+ sms for august till 30 Sep.

Is that how it works? Late funding will carry forward instead?
 

waddahell

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My funding was in late jul around 26.

No funding in august only 5 txns but I got the everyday+ sms for august till 30 Sep.

Is that how it works? Late funding will carry forward instead?
It IS for two months.
You meet the criteria for Aug, so the period is for Aug+Sep.
 
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