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Lastest S$ Deposit updates - Part 3

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Old 25-07-2017, 06:52 PM   #646
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also curious to know how they arrived at this 70 cents interest. I had $150k in there from march to july 5.
If u put in the money only in March then you won't get the cash gift - money have to be in by 28/feb. Those who participated in this promo please correct me if I'm wrong
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Old 25-07-2017, 09:55 PM   #647
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ya
money was in before march started
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Old 25-07-2017, 09:55 PM   #648
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Sausage,

1) did u register before 21 Feb AND received a confirmation SMS from POSB of participation for 1.45% promotion ?

2) did u transfer the funds into the Higher Interest account by 28 Feb 2017 ?

3) did u ensure the Fresh funds was deposited from another bank ?

4) did u ensure NO withdrawal was done from that account from deposit until July 1 ?

If all 4 ticked okay, then should be no problem.
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Old 25-07-2017, 09:56 PM   #649
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yes, you need to register before the higher yield account can be created right

yes

yes

yes


all yes
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Old 25-07-2017, 11:51 PM   #650
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omg they emailed me back and i lost out totally on the whole 4 months of interest

what i did was

in late february i transferred fresh funds into my main POSB account from other banks, around $20,000 each time
and then immediately transferred it from my main account into the high yield account
repeat until $150,000 is in before march begins

then in their email they say it must go in directly from another bank

wah cow
if i had left my money in standard chartered at least i would get some interest for 4 months instead of 70 cents
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Old 26-07-2017, 12:16 AM   #651
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OMG ! You should appeal ... see can get goodwill or not.

Shld have been more careful.
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Old 26-07-2017, 12:47 AM   #652
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yes, you need to register before the higher yield account can be created right

yes

yes

yes


all yes
Actually the answer to number.3 is No
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Old 26-07-2017, 10:25 AM   #653
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omg they emailed me back and i lost out totally on the whole 4 months of interest

what i did was

in late february i transferred fresh funds into my main POSB account from other banks, around $20,000 each time
and then immediately transferred it from my main account into the high yield account
repeat until $150,000 is in before march begins

then in their email they say it must go in directly from another bank

wah cow
if i had left my money in standard chartered at least i would get some interest for 4 months instead of 70 cents


actually the bank had sent an SMS to those who qualify for the promotion, once the promotion closed. so if you didn't get the SMS, then something must be wrong already...

don't think they will give in to your case but no harm asking... good luck
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Old 26-07-2017, 10:49 AM   #654
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that means i fully lost out on 4 months of even very basic interest if i had left it in another bank

any other good promos coming up for august? if not i will move everything into standard chartered esaver again
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Old 26-07-2017, 11:50 AM   #655
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that means i fully lost out on 4 months of even very basic interest if i had left it in another bank

any other good promos coming up for august? if not i will move everything into standard chartered esaver again
hsbc step up
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Old 26-07-2017, 01:10 PM   #656
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Has this been discussed? UOB 10month deposit with interest of 1.10% pa promo... Worthy?
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Old 26-07-2017, 01:48 PM   #657
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Has this been discussed? UOB 10month deposit with interest of 1.10% pa promo... Worthy?
Hard to find good deals these days. But maybe better chance from the Indian state bank & BEA, from previous posts.
RHB already giving 1.08% for checking account for preferred customers from what I'd heard.

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Old 26-07-2017, 04:18 PM   #658
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Maybank 1.4% for 12 months but you are entitled to place $10,000 FD for each $1000 in saving account. Meaning if you put $5000 in the saving account, you are entitled to place S$50,000 in the FD.
http://info.maybank2u.com.sg/promoti...t-bundle.aspx?
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Old 27-07-2017, 09:28 AM   #659
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Maybank 1.4% for 12 months but you are entitled to place $10,000 FD for each $1000 in saving account. Meaning if you put $5000 in the saving account, you are entitled to place S$50,000 in the FD.
http://info.maybank2u.com.sg/promoti...t-bundle.aspx?
Needlessly complicated. Doesn't that just mean the interest is 1.2727%?

Boycott them for trying to be funny. Rather support gimmick free banks like ICBC@1.25% even at the lost of a dollar or 2.
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Last edited by troublesome58; 27-07-2017 at 09:30 AM..
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Old 27-07-2017, 01:21 PM   #660
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Hopefully esaver will increase interest rate
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