Thanks for reply.
BOC SmartSaver
- Thread starter wts2013
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Thanks for reply.
linuskltan
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Is paying IRAS income tax via GIRO and another $30 via iBanking bill payment considered as two different bills?
No, payment to 1 organization, regardless of number of times will be considered as 1 bill payment clocked only.
BOC smartsaver is not good for those without salary...
UOB one account + one card instead? You can spend $500 and then pay 3 bills in Giro instead of salary credit.
foozgarden
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whats the optimum sum to be in BOC SS?
ie DBS multiplier = 50k.
ie DBS multiplier = 50k.
$50k to $60k
The bonus interest is for the first $60k, right?
yes of course
Purplestars
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Not this bad advice again...
Hey mate , just let it go ~ sometimes they might not have right and clear information.
is paying BOC or other bank's credit card bill consider bill payment?
Han Shot First
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(New) Minimum Card Spend to Earn BOC SmartSaver Bonus Interest
What is the (new) minimum card spend to earn the BOC SmartSaver bonus interest of 0.80% p.a. after the revised terms and conditions for BOC Family Card that took effect from April 24, 2018?
I think it is no longer "Minimum S$500 to enjoy 0.80% p.a." as still stated in BOC marketing materials.
I spent more than S$500 (but less than S$700) for billing cycle May 4 to June 3. However, there is no "Interest Adjustment" (for card spend) when I examined my bank transactions on Internet banking up till today! There are interest adjustments for the other categories.
Incidentally, I have also not receive cash rebate for BOC Family card spend in my "Outstanding Statement" for credit card up till today!
What is the (new) minimum card spend to earn the BOC SmartSaver bonus interest of 0.80% p.a. after the revised terms and conditions for BOC Family Card that took effect from April 24, 2018?
I think it is no longer "Minimum S$500 to enjoy 0.80% p.a." as still stated in BOC marketing materials.
I spent more than S$500 (but less than S$700) for billing cycle May 4 to June 3. However, there is no "Interest Adjustment" (for card spend) when I examined my bank transactions on Internet banking up till today! There are interest adjustments for the other categories.
Incidentally, I have also not receive cash rebate for BOC Family card spend in my "Outstanding Statement" for credit card up till today!
still "Minimum S$500 to enjoy 0.80% p.a.". But it has been $500 in calendar month, not billing cycle.
bonus interest for spend 500 is calculated based on calendar month, while Card rebate for spend 700 is based on billing cycle.
foozgarden
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yes, this is the tricky part.
you need to time it yourself.
and the worst thing, is BOC dont allow to move billing cycle for it to coincide. which i dont understand why not.
Han Shot First
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To earn the bonus interest for minimum S$500 card spend in calendar month for BOC SmartSaver, should one make sure the "Transaction Date" or the "Bookkeeping Date" (shown in "Past Statement Details") be within the calendar month?
The $500 card spend is based on sum of transactions with bookkeeping date (aka posted date) within calendar month
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