BOC SmartSaver

[Trazora]

UOB One 50K
3.33% (prevailing + salary 2K + 500 cc spend)

Maybank Save Up 50K
0.25 (prevailing) + 2.75 (bills via GIRO + salary 2K + 500 cc spend) = 3.00%

This seems higher rate that BOC and OCBC but cc spend is inevitable.

I tried to avoid cc spend bonus since I'll be using different cards every alternate mth. Hence any bonus interest on cc spend is not eligible for me most of the time. CIMB savings shld buck up and offer equivalent products that include salary crediting bonus mah...

Heard people say can request to link yolo card to meet card spend on UOB One account, not sure true or not.

 

[fortunecat]

For OCBC there is still an incremental bonus?

That one is only on the incremental every month? Assuming you put in salary 5k every mth and never take out anything, only $4.17 more?

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[fortunecat]

1.55% boc vs 1.75% ocbc assuming no credit card use and deposit of up to 60k. Plus Ocbc still have extra 1% for incremental balance.

Looks like is OCBC then

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[Trazora]

That one is only on the incremental every month? Assuming you put in salary 5k every mth and never take out anything, only $4.17 more?

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Yes. But something to consider if you have another bank account you can alternate with.

 

[fortunecat]

Yes. But something to consider if you have another bank account you can alternate with.

BOC also got 0.6% for amount more then 60k. Is it better?

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[Trazora]

BOC also got 0.6% for amount more then 60k. Is it better?

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0.6%+0.4% (prevailing interest), no other bonus interest, so only 1 % interest which can be easily matched by other bank accounts.

For OCBC 360 the other bonus interests also applies to the incremental amount if the ADB is <= $60k

 

[fortunecat]

0.6%+0.4% (prevailing interest), no other bonus interest, so only 1 % interest which can be easily matched by other bank accounts.

For OCBC 360 the other bonus interests also applies to the incremental amount if the ADB is <= $60k

Which other bank can give 0.6-1% without condition? If got more than 60k cash can have both BOC and OCBC360 is good, but very hard to meet conditions for both side

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[Trazora]

Which other bank can give 0.6-1% without condition? If got more than 60k cash can have both BOC and OCBC360 is good, but very hard to meet conditions for both side

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CIMB Fastsaver. SCB eSaver if you understand the mechanism.

 

[fortunecat]

CIMB Fastsaver. SCB eSaver if you understand the mechanism.

I got eSavers, can share how?

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[greythorne]

I set up my GIRO in BOC now after 6 months close and open another account with other bank and reapply GIRO again.

 

[lewissac]

CIMB Fastsaver. SCB eSaver if you understand the mechanism.

Can share for e$avers mechanism too? I was planning to go and apply it later after work.

 

[greythorne]

Can share for e$avers mechanism too? I was planning to go and apply it later after work.

second that. Please share.

 

[aKaGiz]

they mean transferring FAST out to other bank accounts and then FAST transfer back to 2nd esaver account

 

[greythorne]

Which bank to move to? 3.55 was good while it lasted

Sent from Samsung SM-G935F using GAGT

What's next after BOC? Really disappointed at the revised requirements.

 

[VacheronLim]

What's next after BOC? Really disappointed at the revised requirements.

SCB Bonus Saver
Maybank Save Up
DBS Multiplier
OCBC 360
UOB One

There's no clear winner now, the alternatives all have varying percentage for the various criteria so it will be down to the individual consumer's ability to maximize the returns by fulfilling the criterias

 

[ymbynd]

http://www.bankofchina.com/sg/bocinfo/bi1/201610/t20161031_7949946.html


New boc term and condition is out

 

[fortunecat]

http://www.bankofchina.com/sg/bocinfo/bi1/201610/t20161031_7949946.html


New boc term and condition is out

Already out many pages earlier

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[ekardo]

so the BOC interest rate is as follows if I remain status quo now?

Base 0.275%
Credit card $500 0.80%
salary >$2000 0.80% (>6000k 1.20%)
giro (>$30) 0.35%

total 2.225% / 2.625% ?

 

[ymbynd]

so the BOC interest rate is as follows if I remain status quo now?

Base 0.275%
Credit card $500 0.80%
salary >$2000 0.80% (>6000k 1.20%)
giro (>$30) 0.35%

total 2.225% / 2.625% ?

Base 0.4%> 50k

 

[ymbynd]

SCB Bonus Saver
Maybank Save Up
DBS Multiplier
OCBC 360
UOB One

There's no clear winner now, the alternatives all have varying percentage for the various criteria so it will be down to the individual consumer's ability to maximize the returns by fulfilling the criterias

Can consider maybank saveup 3%. As of now, thats is 2nd best alternative compare to boc smartsaver. The thing is maybank saveup started beginning of this year so most probably due for new tnc renewal