BOC SmartSaver

[hwmook]

Currently already charging 500 to Ocbc and I am trying to keep spending low. How to charge another 500 to boc.

Why are you still using something that is so inferior? Dump the 360 and welcome BOC.

 

[lazybee]

This is a near-perfect replacement for ocbc360. Once jumped ship no need spend 500 in OCBC liao

Actually, BOC smartsaver is a replacement for UOB one over ocbc360.

If you spend 0 in CC
60K: ocbc - 1.75% (credit salary)

If you can only spend 500,
60K : take BOC - 3.55% (credit salary)
60K+60K: take BOC - 2.55% , ocbc - 1.75% (credit salary)

Unless you can spend 1K, UOB one can then be considered over ocbc. For my case, I had both BOC and ocbc360.

 

[Allen_C_Sharp]

It's on their website, go and search properly. I remember clicking on the link from smartsaver page. Something like $20 + 1/8 % of the amount, similar to other bank. Only their RMB remittance is currently free.

Mind share the link? Thx
This is the link I find but can't find the $20+ u mentioned: http://www.bankofchina.com/sg/pbservice/pb3/201001/t20100120_955827.html

 

[more3cm]

For my case, I had both BOC and ocbc360.

UOB1 is a magic card

 

[lazybee]

UOB1 is a magic card

Any clue? It is kinda restricted as compared to BOC's shop card. Must be 500 exactly for 3 mth.

Unless you spend 500 on BOC card and also 500 on UOB CC.

For me, I only spend 500 each month. I can always use some prepaid cards to "convert" retail into online spend.

 

[Jazzbie]

Actually, BOC smartsaver is a replacement for UOB one over ocbc360.

If you spend 0 in CC
60K: ocbc - 1.75% (credit salary)

If you can only spend 500,
60K : take BOC - 3.55% (credit salary)
60K+60K: take BOC - 2.55% , ocbc - 1.75% (credit salary)

Unless you can spend 1K, UOB one can then be considered over ocbc. For my case, I had both BOC and ocbc360.

Isn't BOC Smartsaver better than OCBC 360 for $0 CC spend? And hence the replacement for OCBC 360 since their CC now sucks.

BOC Smartsaver - 2% (credit salary + 3 bills payment)

Do correct me if I'm wrong.

 

[lazybee]

Isn't BOC Smartsaver better than OCBC 360 for $0 CC spend? And hence the replacement for OCBC 360 since their CC now sucks.

BOC Smartsaver - 2% (credit salary + 3 bills payment)

Do correct me if I'm wrong.

Yah. Correct. An oversight. LOL. Due to the 0.4% base. 1 + 0.6 + 0.4 = 2%. Unless you can somehow use the ocbc360 with incremental bonus(2.75%) + scb esaver promotion.

BOC+ ocbc seems to be a better choice than BOC+uob1.

 

[Allen_C_Sharp]

Yah. Correct. An oversight. LOL. Due to the 0.4% base. 1 + 0.6 + 0.4 = 2%. Unless you can somehow use the ocbc360 with incremental bonus(2.75%) + scb esaver promotion.

BOC+ ocbc seems to be a better choice than BOC+uob1.

Ya, considering ocbc incremental bonus 1%, UOB should be the last option unless u have 50k parked in it for maximum 2.43%.

 

[starfish.starfish]

Why are you still using something that is so inferior? Dump the 360 and welcome BOC.

I eat outside most of the times so the ocbc 365 card is good for food rebates mah.

Does boc has such rebates too?

 

[hwmook]

Mind share the link? Thx
This is the link I find but can't find the $20+ u mentioned: http://www.bankofchina.com/sg/pbservice/pb3/201001/t20100120_955827.html

http://www.bankofchina.com/sg/bocinfo/bi4/201001/t20100126_955879.html

Download the pricing guide, they have promotion for RMB Deposits and remittance currently though.

 

[OngHuatHuat]

Good. Is it advisable to put some Rmb deposit now?
Will set up account soon but always very busy.

There is no administration fees for currency exchange. and also for depositing RMB cash until end of the year. I am already at the branch when the lady told me so just convert SGD50 on the spot. Exchange rate is same as XE rate, the best you can get at money changer is 0.5% more which is 25c in my case. Not worth the effort lah.

 

[shredded]

for bill payments, can i pay 3 different cards from same bank?

 

[cReDdY]

for bill payments, can i pay 3 different cards from same bank?

nobody knows until next month i think. haha

 

[Allen_C_Sharp]

http://www.bankofchina.com/sg/bocinfo/bi4/201001/t20100126_955879.html

Download the pricing guide, they have promotion for RMB Deposits and remittance currently though.

Thanks, found it on page 2:

Outward Remittances
Telegraphic Transfer & Demand Draft*
Debit from SGD Account 0.125% (Subject to a minimum charge of S$10
or a maximum charge of S$100)

This is 3x higher than DBS if remit 25k, probably will not use this account for remittance.

Besides, cash withdraw and balance inquiry seems expensive in China:

- MasterCard
2% of withdrawal amount per transaction
(minimum charge is S$5 and the maximum
charge is S$60.)

- Enquiry of account balance via UnionPay’s
overseas ATM network RMB 4 / S$0.80 per transaction

How about oversea ATM5 withdraw, is it free?

 

[SCG8866T]

Funny i use BOC to pay $5 bill to my UoB One card, UOB shows that its from AXS station lol

 

[cReDdY]

Funny i use BOC to pay $5 bill to my UoB One card, UOB shows that its from AXS station lol

same for my DBS.

lol

 

[killercmj]

same for my DBS.

lol

BOC bill payment is supported by AXS payment. Stated on the ibanking page.

 

[edwinttt1978]

same for my DBS.

lol

Same for OCBC too.

But CIMB merely shows "PAYMENT - THANK YOU! (IPAYMENT)".

 

[zoossh]

Yah. Correct. An oversight. LOL. Due to the 0.4% base. 1 + 0.6 + 0.4 = 2%. Unless you can somehow use the ocbc360 with incremental bonus(2.75%) + scb esaver promotion.

BOC+ ocbc seems to be a better choice than BOC+uob1.

Ya, considering ocbc incremental bonus 1%, UOB should be the last option unless u have 50k parked in it for maximum 2.43%.

there are differing criteria, so cant say which is definitely better than others.

best for online buy: boc (3.55%) + shop card (6% *500)
best for miscellaneous buy: uob1 (2.42% + 3.3% *500)
best for salary without cc: ocbc 360 (2.25% every 2 out of 3mth)
next best for salary, no cc: boc (2% every mth)

i am currently still on 360 + singpost cc + uob1 cc, cos i really hate the boc experience. boc so big a bank cant even get a proper internet banking meh? so many hackers there but when come to proper uses, no real talent is really weird. they are even lousier than anz. if they give a decent internet banking, then that is really a good deal.

other than shop card, is there any good cards from boc that uses visa/mc like uob1 that can be used on online and offline buys?

 

[SCG8866T]

Nice my "salary" entered BOC as IBG-Sala. I also paid 3 five lollar bill payment, now waiting for my credit cards to come...

A good storage place to get risk free 177.50 lollar every month till the market tanks..