BOC SmartSaver

[vsvs24]

I used to put my saving in BOC, it earned 3.55% easily before they revise the criteria. high-interest-saving-accounts-boc-smart-saver.

Did they revise criteria recently ?

 

[AMD_FREAK]

It’s still the highest interest earning for me!

 

[Trazora]

I used to put my saving in BOC, it earned 3.55% easily before they revise the criteria. high-interest-saving-accounts-boc-smart-saver.

You talking about the revision in Dec 2016?

 

[wynnest]

Did they revise criteria recently ?

Sorry it is on dec 2016.

 

[chopra]

It’s still the highest interest earning for me!

same for me. huat ahhhh

 

[demoforce1]

You talking about the revision in Dec 2016?

The good thing they not change the criteria for quite sometime

 

[kashanai]

Just received sms interest is in

 

[chopra]

81
61
17

huat ahhhh

 

[silverbomb]

Only have one BOC credit card - BOC Family Card. What is a good alternative BOC credit card to Family Card?

Used to have another BOC credit card but terminated it because bank refused to waive the annual fee.

just realised they have an online application page.

https://cloud.bankofchina.com/sgp/boc_cc/static/boc_cc/index.html#/product-credit-card

u can try and let us know how long u took to get your card, physical paper applications waiting time are horrid.

 

[wynnest]

The good thing they not change the criteria for quite sometime

ya that is a good thing.

 

[kashanai]

Hotline down? Can’t seems to call

 

[weap0nx]

Any idea why this account is not as popular as lower interest earning accounts?

I would like to pair this with my UOB One account which has reached the ceiling. I can credit salary to this one, have 3 giro and do CC spend.

My UOB i do Giro, credit card spend and maintain the 75k

Any issues you can foresee?

 

[kashanai]

No issues, have exactly the same as you

Any idea why this account is not as popular as lower interest earning accounts?

I would like to pair this with my UOB One account which has reached the ceiling. I can credit salary to this one, have 3 giro and do CC spend.

My UOB i do Giro, credit card spend and maintain the 75k

Any issues you can foresee?

 

[lioney]

How do you do it? And how much interest are you getting every month using your method?

 

[demoforce1]

Any idea why this account is not as popular as lower interest earning accounts?

I would like to pair this with my UOB One account which has reached the ceiling. I can credit salary to this one, have 3 giro and do CC spend.

My UOB i do Giro, credit card spend and maintain the 75k

Any issues you can foresee?

How do you do 3 giro?
If monthly giro from a saving account to different bank count?

 

[Trazora]

How do you do 3 giro?
If monthly giro from a saving account to different bank count?

For uob one it is 3x giro bill payment, can set up giro to pay bills for 3x credit card. Giro from saving account not counted.

 

[belgarathc]

For BOC, 3 bill payments e.g. to credit card is sufficient. Giro payment is not necessary.

 

[wynnest]

Any idea why this account is not as popular as lower interest earning accounts?

I would like to pair this with my UOB One account which has reached the ceiling. I can credit salary to this one, have 3 giro and do CC spend.

My UOB i do Giro, credit card spend and maintain the 75k

Any issues you can foresee?

meaning in order to gain both side interest, you need at least spend 1000 on credit card per month?

 

[yiwei]

meaning in order to gain both side interest, you need at least spend 1000 on credit card per month?

Not a must spend 500 on BOC CC.
Salary credit of >2k and 3 bill payment will get 0.8%+0.35%=1.15%.

If more than 6k salary credit, 3 bill payment will get 1.2+0.35=1.55%

Of course, if TS spend will get more. However, if you are not already spending 1k per month, then probably better to get DBS multiplier instead, >5k transaction with salary credit will get 1.9%, no minimum spending on CC is necessary.
2k to 5k range will also get 1.85% already.

 

[Trazora]

Not a must spend 500 on BOC CC.
Salary credit of >2k and 3 bill payment will get 0.8%+0.35%=1.15%.

If more than 6k salary credit, 3 bill payment will get 1.2+0.35=1.55%

Of course, if TS spend will get more. However, if you are not already spending 1k per month, then probably better to get DBS multiplier instead, >5k transaction with salary credit will get 1.9%, no minimum spending on CC is necessary.
2k to 5k range will also get 1.85% already.

Need to consider there is up to 0.4% base interest on boc smartsaver.