BOC SmartSaver

[gnooliew]

Can I confirm if boc uses calendar month for purpose of calculating the min $500 card spend for smartsaver but boc credit cards benefits follow statement month? Ie. Probably needa spend more to hit both unless my statement month is similar or close to calendar month

 

[awleong]

Can I confirm if boc uses calendar month for purpose of calculating the min $500 card spend for smartsaver but boc credit cards benefits follow statement month? Ie. Probably needa spend more to hit both unless my statement month is similar or close to calendar month

That's correct

Sent from sinkieland using GAGT

 

[stamploversg]

tried to transfer fund out but then instead of immediate FAST there is this local clearing and outward remittance (for large amount).

Anyone knows how long it would take for the money to reach the other account? Thanks.

 

[Trazora]

tried to transfer fund out but then instead of immediate FAST there is this local clearing and outward remittance (for large amount).

Anyone knows how long it would take for the money to reach the other account? Thanks.

1-2 working days

 

[stamploversg]

1-2 working days

That is real ****. Be careful everyone when tranferring fund out. Wondering what is the maximum amount that can be FAST-ed?

 

[znltan]

That is real ****. Be careful everyone when tranferring fund out. Wondering what is the maximum amount that can be FAST-ed?

BOC FAST transfer limit is set by the bank at $50k.

Sent from 瑞特斯波德 using GAGT

 

[Trazora]

BOC FAST transfer limit is set by the bank at $50k.

Sent from 瑞特斯波德 using GAGT

More specifically 20k from mobile banking, 30k from internet banking

 

[K|muRa^84]

anyone migrated from UOB ONE acct to BOC smartsaver?

was it well worth the hassle?

 

[Trazora]

anyone migrated from UOB ONE acct to BOC smartsaver?

was it well worth the hassle?

The migration mainly just take 1 visit to any BOC branch with the cash on hand and applying of BOC card, which is not so bad. Issue is how much interest you be getting with the revised rates for boc smartsaver.

 

[lewissac]

Today officially migrate all my funds from BOC to OCBC 360 account. Only left 1.5k back to BOC and wait for another 4 mth then cancel acc.

 

[gabbage]

Limit can be set from ibank, mine was 50k ibank and 50k mobile, can fast out 50k from ibank and abit more from mobile

More specifically 20k from mobile banking, 30k from internet banking

 

[Trazora]

Limit can be set from ibank, mine was 50k ibank and 50k mobile, can fast out 50k from ibank and abit more from mobile

So max is actually 50k+50k? They have relaxed the limit as compared to the limit set in Aug? http://www.bankofchina.com/sg/bocinfo/bi1/201608/t20160804_7452110.html

 

[delceer]

Now the $500 credit card spending change to $1500 ?
No more AXS ???

 

[chuanz]

Now the $500 credit card spending change to $1500 ?
No more AXS ???

They've sent SMS and snail mail to inform about the change quite a while back.

(and rates changed, and salary requirement changed, and bill payment criteria changed, among those that I can recall offhand)

 

[beautyseek]

E-axs confirm cannot work anymore. I tried to pay cr card bill via e-axs today (still hopeful) and received a sms within an hour from BOC telling me that my e-axs will not qualify for spend. ;(. So rest of u no need to bother to try liao.

 

[woofie5515]

They've sent SMS and snail mail to inform about the change quite a while back.

(and rates changed, and salary requirement changed, and bill payment criteria changed, among those that I can recall offhand)

just transferred over in sept now everything revised. is there a lock in period for account closing?

if I have 60k and meet the salary, 3 giro n not the $1500 spending. is BOC still the best among OCBC and UOB?

 

[Trazora]

E-axs confirm cannot work anymore. I tried to pay cr card bill via e-axs today (still hopeful) and received a sms within an hour from BOC telling me that my e-axs will not qualify for spend. ;(. So rest of u no need to bother to try liao.

you probably just received the SMS sent out to everyone to inform about the change.

 

[Trazora]

Now the $500 credit card spending change to $1500 ?
No more AXS ???

Refer the the details here http://www.bankofchina.com/sg/bocinfo/bi1/201610/t20161031_7949946.html

 

[Sausage]

time to close my BOC account
managed to get good interest for 3 months

 

[xXxJavierxXx]

http://pic.bankofchina.com/bocappd/singapore/201611/P020161129585183358382.pdf

I will stick to BOC for their revised family card rebates.