Lastest S$ Deposit updates - Part 3

[Froggyman]

What is the difference between doing using your above mentioned method , or ,
on 2nd April I just straight top up the 10k ?

The 0.5% start from the next cycle..ie 3rd Apr to 2May, so your top up on 2 Apr only earn 3%. That why I said if your $9200 is earning more than 3% elsewhere, then consider my suggestion. But probably the difference in the interest may be just very very little, you can just topup $10k at one shot to save the trouble

 

[tiertime]

Okay, your Bonus Return Earning Period :

3 Mar to 2 April
3 April to 2 May
3 May to 2 Jun

To your question:
Yes but then 2 MAR OVER liow

You top up latest by 2 Apr, earn 3.5% from 3 Apr - 2 May
.

The 0.5% start from the next cycle..ie 3rd Apr to 2May, so your top up on 2 Apr only earn 3%. That why I said if your $9200 is earning more than 3% elsewhere, then consider my suggestion. But probably the difference in the interest may be just very very little, you can just topup $10k at one shot to save the trouble

Based on my cycle :
3 Mar to 2 April
3 April to 2 May
3 May to 2 Jun

If I top up $800 TODAY , does that mean I earn 3% on this $800 on
31 Mar , 1 Apr , 2 Apr

Then I top up another $9200 on 3 April, I earn
3.5% on 3 April to 2 May ,
and
3% for all subsequent mths/cycles

 

[oceanicmanta]

Based on my cycle :
3 Mar to 2 April
3 April to 2 May
3 May to 2 Jun

If I top up $800 TODAY , does that mean I earn 3% on this $800 on
31 Mar , 1 Apr , 2 Apr

Then I top up another $9200 on 3 April, I earn
3.5% on 3 April to 2 May ,
and
3% for all subsequent mths/cycles

3.5% also from 3 May to 2 Jun

 

[demoforce1]

Got restrictions on when to withdraw meh

I mean to get the 0.5% extra

 

[Froggyman]

Based on my cycle :
3 Mar to 2 April
3 April to 2 May
3 May to 2 Jun

If I top up $800 TODAY , does that mean I earn 3% on this $800 on
31 Mar , 1 Apr , 2 Apr

Then I top up another $9200 on 3 April, I earn
3.5% on 3 April to 2 May ,
and
3% for all subsequent mths/cycles

Yes.. top up $800 today ( current cycle)will get 3.5% for next cycle.
top up $9200 in the next cycle will also give you 3.5% for the subsequent cycle as what one bro mentioned.

 

[FlyGuardX]

uob stash 3.05% with 100k (fall below fee if below 1k sgd)
ocbc dividend+ 2.95%
uob privilege account 2.6%
chocolate finance 3.12% with 50k
Mari invest 2.62%
Mari savings 2.28%
GXS pocket 2.78%
HSBC EGA 3.9%
SCB esaver - unknown yet
Maybank Isavvy - unknown yet

 

[sglandscape]

DBS earmark for 3% for Jan just released, not sure why they do it only at night vs in the morning, very stupid to release end of day when the tnc stated it's the day itself.

 

[xRenol]

uob stash 3.05% with 100k (fall below fee if below 1k sgd)
ocbc dividend+ 2.95%
uob privilege account 2.6%
chocolate finance 3.12% with 50k
Mari invest 2.62%
Mari savings 2.28%
GXS pocket 2.78%
HSBC EGA 3.9%
SCB esaver - unknown yet
Maybank Isavvy - unknown yet

By the way, the maximum EIR for UOB Stash Account is 3% p.a. for $100,000.

 

[anonyme]

DBS earmark for 3% for Jan just released, not sure why they do it only at night vs in the morning, very stupid to release end of day when the tnc stated it's the day itself.

Not able to find this. Is this on their website? Is there a link?

Thanks!

 

[~sabaisabai~]

uob stash 3.05% with 100k (fall below fee if below 1k sgd)
ocbc dividend+ 2.95%
uob privilege account 2.6%
chocolate finance 3.12% with 50k
Mari invest 2.62%
Mari savings 2.28%
GXS pocket 2.78%
HSBC EGA 3.9%
SCB esaver - unknown yet
Maybank Isavvy - unknown yet

Gosaver 2.5%

 

[~sabaisabai~]

By the way, the maximum EIR for UOB Stash Account is 3% p.a. for $100,000.

How did you get 3%?
It has 4 tiers for 100k right

 

[xRenol]

How did you get 3%?
It has 4 tiers for 100k right

Yes. If you calculate the bonus interest for each monthly average balance, you will derive an Effective Interest Rate (EIR) of 3.05% BUT when you click on the (!) beside "Here’s how you can earn up to 5% p.a interest on your savings, which is up to 60x more than what you would get if you leave your money in a traditional savings account!", it stated "Maximum Effective Interest Rate (EIR) on the Stash Account is 3% p.a. for deposits of S$100,000".

 

[banyan8]

uob stash 3.05% with 100k (fall below fee if below 1k sgd)
ocbc dividend+ 2.95%
uob privilege account 2.6%
chocolate finance 3.12% with 50k
Mari invest 2.62%
Mari savings 2.28%
GXS pocket 2.78%
HSBC EGA 3.9%
SCB esaver - unknown yet
Maybank Isavvy - unknown yet

UOB Privilege promotion requires min 350k and earmark of 3 months? Can't find the tnc.

 

[thretiredDad]

UOB Privilege promotion requires min 350k and earmark of 3 months? Can't find the tnc.

No need to earmark full amount

according to the rm
upon participation date
the bank will determine the balance you need to maintain
[existing fund in priv acct + $350k fresh fund]

you can withdraw any amount
and put back anytime
but if you withdraw so much
the ABD become less than the balance you must maintain
then no interest for that month

 

[banyan8]

No need to earmark full amount

according to the rm
upon participation date
the bank will determine the balance you need to maintain
[existing fund in priv acct + $350k fresh fund]

you can withdraw any amount
and put back anytime
but if you withdraw so much
the ABD become less than the balance you must maintain
then no interest for that month

Must meet RM or go down to a branch. Why can't they make the participation form online?

 

[thretiredDad]

Must meet RM or go down to a branch. Why can't they make the participation form online?

The particpation form is online
but an acquisition officer or your rm will contact you

for me I reactivate my priv account
the acquisition officer said needs to do KYC

 

[Intel888]

Yes.. top up $800 today ( current cycle)will get 3.5% for next cycle.
top up $9200 in the next cycle will also give you 3.5% for the subsequent cycle as what one bro mentioned.

Is the following correct?
. Top up (min $800) in current cycle is to "Trigger" 3.5% for next cycle.
. Top up (min $800 ) in current cycle will earn 3.0% in the current cycle, if total bal is < 10k

After the 3.5% is "Triggered" for the next cycle,
the 3.5% is for the amount topped up in the previous cycle (i.e. min $800), or for the total amount including new top ups (after the previous cycle)?

Thanks
(me new to this promo)

 

[pratik28]

uob stash 3.05% with 100k (fall below fee if below 1k sgd)
ocbc dividend+ 2.95%
uob privilege account 2.6%
chocolate finance 3.12% with 50k
Mari invest 2.62%
Mari savings 2.28%
GXS pocket 2.78%
HSBC EGA 3.9%
SCB esaver - unknown yet
Maybank Isavvy - unknown yet

sc esaver like free fall 2.5% lol, maybank isavvy too for <200k balances only 2.6% & SIF Gosaver 2.5%

 

[~sabaisabai~]

sc esaver like free fall 2.5% lol, maybank isavvy too for <200k balances only 2.6% & SIF Gosaver 2.5%

dbs 3mth 2.6%
gxs 3mth 2.78%

 

[tiertime]

uob stash 3.05% with 100k (fall below fee if below 1k sgd)
ocbc dividend+ 2.95%
uob privilege account 2.6%
chocolate finance 3.12% with 50k
Mari invest 2.62%
Mari savings 2.28%
GXS pocket 2.78%
HSBC EGA 3.9%
SCB esaver - unknown yet
Maybank Isavvy - unknown yet

From April 2025 :

GXS pocket 2.78 (3 mths pocket)
HSBC EGA 2.75 +1
SCB esaver - 2.5
Maybank Isavvy - 2.6 or 2.8
Singlife - 3% (first 10k)

^anybody can pls update/ amend if above is incorrect