BOC SmartSaver

[ravenng]

I got $61.15, $17.84 and a $2.18 from no idea where..
Seems like AXS is really dead.

 

[mosmos]

If spend at least S$500 posted within the month
= ROUND((0.008 * 60000) / 365 * 31, 2)
= 40.77

Credit salary of minimum S$6,000
= ROUND((0.012 * 60000) / 365 * 31, 2)
= 61.15

Thanks for the calculation. Really much clearer to see in this way.

 

[pcmdan]

Me have

1. 5.11 (1% for higher than 60k?)
2. 40.77 ($500 spent)
3. 17.84 (3 bill payments)
4. 61.15 (Salary)
5. 23.87 (Base interest?)
6. 2.38 (have 0 idea where it comes from)

 

[Trazora]

Me have

1. 5.11 (1% for higher than 60k?)
2. 40.77 ($500 spent)
3. 17.84 (3 bill payments)
4. 61.15 (Salary)
5. 23.87 (Base interest?)
6. 2.38 (have 0 idea where it comes from)

2.38 for use of debit card?

 

[chopra]

Tested $0 cc and $1500.

All ok.

 

[pcmdan]

2.38 for use of debit card?

oh ya forgotten about it hahaha

 

[Yachtmaster]

Seems like many of us have same amount

I have 61.15, 17.84, 40.77 also

But i also made near 10k debit card AXS but don't seem to have 0.1% rebates.

Is AXS excluded for debit card 0.1% also?

 

[Nakedtoes]

someone already explained in the post before yours

k miss it

 

[ravenng]

Seems like many of us have same amount

I have 61.15, 17.84, 40.77 also

But i also made near 10k debit card AXS but don't seem to have 0.1% rebates.

Is AXS excluded for debit card 0.1% also?

I got the 0.1% rebate on 1 Jan for AXS spend on the debit card.

I do realise something...

The $2.18 is 10% of the base interest I've received on 1 Jan, same as pcmdan's $2.38/$23.87.
However, still no idea what is this for.

On another note, hope to get some views from the people here..

The max interest we can get from BOC spend is $81.53 for $1500 spend, which translates to about 5% rebate. So if we can spend on other cards that gives >5%, then we are better off spending on the other cards?

Personally, i consolidate all my spend on DBS to accumulate miles so I'm not sure if it is worthwhile to move my spend over.

 

[what88]

I got the 0.1% rebate on 1 Jan for AXS spend on the debit card.

I do realise something...

The $2.18 is 10% of the base interest I've received on 1 Jan, same as pcmdan's $2.38/$23.87.
However, still no idea what is this for.

On another note, hope to get some views from the people here..

The max interest we can get from BOC spend is $81.53 for $1500 spend, which translates to about 5% rebate. So if we can spend on other cards that gives >5%, then we are better off spending on the other cards?

Personally, i consolidate all my spend on DBS to accumulate miles so I'm not sure if it is worthwhile to move my spend over.

Still trying to figure out the whole process.

 

[edens_guards]

On another note, hope to get some views from the people here..

The max interest we can get from BOC spend is $81.53 for $1500 spend, which translates to about 5% rebate. So if we can spend on other cards that gives >5%, then we are better off spending on the other cards?

Yah. If i need to spend 1.5k, i would prefer not to spend all on boc Cc. Effectively we can earn more if split 500 x3 in ocbc, UOB and boc.

 

[oceanicmanta]

The max interest we can get from BOC spend is $81.53 for $1500 spend, which translates to about 5% rebate. So if we can spend on other cards that gives >5%, then we are better off spending on the other cards?

your 1500 spend on BOC also got rebate on top of bonus interest

 

[ravenng]

your 1500 spend on BOC also got rebate on top of bonus interest

U referring to BOC credit cards? Currently I do not hold any of their cards. Any good cards to recommend?

 

[chopra]

I got the 0.1% rebate on 1 Jan for AXS spend on the debit card.

I do realise something...

The $2.18 is 10% of the base interest I've received on 1 Jan, same as pcmdan's $2.38/$23.87.
However, still no idea what is this for.

On another note, hope to get some views from the people here..

The max interest we can get from BOC spend is $81.53 for $1500 spend, which translates to about 5% rebate. So if we can spend on other cards that gives >5%, then we are better off spending on the other cards?

Personally, i consolidate all my spend on DBS to accumulate miles so I'm not sure if it is worthwhile to move my spend over.

$81 is the cc interest of 60k. Also u shld discount opportunity cost.

U get the cc %rebate on top of this interest

 

[BBCWatcher]

Is BOC Singapore still refusing to open accounts for U.S. persons? That discrimination, if it's still going on, might be inconsistent with their banking license in Singapore, especially since Singapore and the U.S. have an intergovernmental agreement and since the Common Reporting System has started. It'd also be at least ironic given that BOC has a New York branch.

 

[tcwehcs]

If you have BOC smartsaver, you should get the family card. Not that it's the best card in the market but because you just need one card to qualify for credit card spending bonus.

U referring to BOC credit cards? Currently I do not hold any of their cards. Any good cards to recommend?

 

[kokitty]

If you have BOC smartsaver, you should get the family card. Not that it's the best card in the market but because you just need one card to qualify for credit card spending bonus.

Agreed.... Actually we should be analysing savings a/c interest and cc rebates in totality and look at which banking relationship serves us best when deciding where to place our funds.

 

[SBC]

Worthwhile to switch to BOC Smartsaver from OCBC 360 now?

 

[pcmdan]

Worthwhile to switch to BOC Smartsaver from OCBC 360 now?

if u can meet all the conditions, no contest.

OCBC is a thing in the past...Since BoC came onboard

 

[SBC]

Ai yo! Has been getting abt $100 from OCBC 360 & $25 from its CC.

Jin Sian to switch out. Salary is also with OCBC 360. Need much planning to switch out.