HSBC Step Up Promo - Part 2

[ThreeSteps]

I got status “unexecuted” and the reason for rejection is “Order cancelled by system or market” when trying to place an order to purchase P40u. I just setup my investment account last week. I called customer service but the guy said I have to go down to the branch to check :S Does anyone have any idea why I’m getting this error message? Thanks

there is a standard message when equity a/c is created: can only start trading 3 business days after investment a/c opened. Or maybe it is due to any of the data input which you enter for the trade, not enough funds in your EGA a/c, locked funds, etc.

 

[DaAhFu]

there is a standard message when equity a/c is created: can only start trading 3 business days after investment a/c opened. Or maybe it is due to any of the data input which you enter for the trade, not enough funds in your EGA a/c, locked funds, etc.

Thanks for the reply

 

[calvin2000]

Can't redeem after settlement if you are after the higher bonus interest under wealth for May cycle.

I have not fully redeemed but partially, I am still holding a fraction of what I have subscribed.

 

[calvin2000]

Can it be just 1 or 100shares of es3?

The minimum subscription is SGD1,000 for Fullerton money market fund.

 

[tmkedmw]

HSBC bonus interest for Feb cycle credited

 

[Squaredot]

No BI credited yet?

BI for Feb credited
Feb-March cycle

 

[yiron]

“Customers with wealth holdings” are defined as customers who hold eligible wealth product(s) by 31 August
2025.

For May cycle, bonus interest is given for calendar months of May 2025, June 2025, July 2025. Interest paid by 30 Sep.

I interpret as need to hold it till 31 Aug. Anyone checked with RM ?

He was referring to partial redemption so there’s still units remaining in his investment account. There’s no requirement against selling, so long as there’s something left at the end of the day.

 

[Nanonited]

I have not fully redeemed but partially, I am still holding a fraction of what I have subscribed.

Why not buy a cheap share like a few $ worth?

 

[chopra]

The minimum subscription is SGD1,000 for Fullerton money market fund.

But we may buy es3 ma

 

[chopra]

But we may buy es3 ma

Up for views

 

[alt2015]

Up for views

Anyone can summarise the benefit /rate of sign for premier by May ? I read until blurr

 

[impeller]

Anyone started to ask HSBC about June's promotion?

 

[hwmook]

I just got almost 4k from HSBC for my investment top up to stay premier, great benefits.

 

[Nanonited]

I just got almost 4k from HSBC for my investment top up to stay premier, great benefits.

4k? There’s a promotion to do investment with them?

 

[calvin2000]

Just checking, anyone experiencing issues with the Everyday + cash back for Giro transaction deducted on 22nd May? It is not credited yet until today.

 

[60Remajust]

Just checking, anyone experiencing issues with the Everyday + cash back for Giro transaction deducted on 22nd May? It is not credited yet until today.

my giro deduction on 26 may was credited perfectly next day

seems like another user also got issue earlier this mth

 

[BlackTortoise]

I am in March to May promo. So next month move to where? If more than $200,000 move out on which date?

 

[chopra]

I am in March to May promo. So next month move to where? If more than $200,000 move out on which date?

Same situation as you.
1. End this may
2. Unsure what constitutes wealth. I will ask my rm if there’s a min purchase of es3

 

[maumu]

Same situation as you.
1. End this may
2. Unsure what constitutes wealth. I will ask my rm if there’s a min purchase of es3

Pls share if you can... I'm not sure if I'm gonna stay with HSBC given this new 'wealth holdings' thing. Sounds like a push for customers to buy into funds which means it's no longer growth-guaranteed.

Am no longer premier customer... so no dedicated RM.

 

[ThreeSteps]

Same situation as you.
1. End this may
2. Unsure what constitutes wealth. I will ask my rm if there’s a min purchase of es3

A)To buy/sell shares, you need to open an Equity investment a/c which will provide the platform for you to buy/sell shares which must be traded in lots of minimum 100 shares. I don’t think the system allow you to enter 1. If you are trying to do the minimum, then buy 100 shares of a cheap counter (eg. price is $0.80 per share) instead of buying 100 shares of an expensive counter (eg. price is $45 per share).

B)To buy/sell unit trust (generally described as ‘funds’), you need to open a Unit Trust investment a/c. When you buy, the term used is ‘subscription’. When you sell, the term used is ‘redemption’. It will provide the input screen for you to subscribe or redeem. I believe there is a minimum of $1k required by the system at the initial funds subscription, but you can do partial redemptions subsequently to get down to your ‘minimum’.

Currently, up to the May2025 EGA Bonus Interest promo, the t&cs does not mention what is the minimum ‘wealth holdings’ required i.e. any shares or unit trust remaining in your investment a/c are ‘wealth holdings’.

Update : some experienced people have replied to my posting that my remarks about the 1 share is incorrect. I just want to clarify that my remarks is based only on SG shares which I bought.