BOC SmartSaver

[vsvs24]

Boc is china bank. Still safe to put now given current china situation?

Smartsaver upto 60k only. Well within SDIC limit of 75k.

 

[vsvs24]

open a Singlife account and park your 10k there. 2.5%

Singlife account is an insurance savings plan. So in terms of SDIC, it falls under savings account or insurance ?

 

[silverbomb]

Boc is china bank. Still safe to put now given current china situation?

SDIC covers 75k, so in insolvency this is the min recoverable as part of their condition with MAS to operate banking license here.

 

[silverbomb]

Singlife account is an insurance savings plan. So in terms of SDIC, it falls under savings account or insurance ?

believe the Singlife reps has answered this previously but not sure whether it can be found in the Singlife thread past posts since they have been muted. it was clarified covered, but not sure if under wch part.

 

[qhong61]

Hi everyone,

Assuming I have $70k in this account, if I fulfill the top tier conditions, the first $60k gets me 3.55%. The balance $10k only give me 1%...

Is this correct?

Term and condition to open tis account?

 

[j_lucky]

Uh any idea how to apply for supp card?
The online form is so outdated that it doesn’t has the selection for elite miles card.

I went to the branch to ask for the form. If there is no certain card in the form, u can manually add in.

 

[j_lucky]

open a Singlife account and park your 10k there. 2.5%

Seems it is insurance plan. Is it safe? Is it a new product?

 

[dchia78]

Term and condition to open tis account?

Open the smart saver account? I think their website still promotes this.

 

[dchia78]

open a Singlife account and park your 10k there. 2.5%

Did cross my mind and was googling if there is any minimum period before closing this account, and also the question on how to transfer out the money withdrawal... couldn't really find the answer so didnt pursue... maybe will restart now again

 

[silverbomb]

Seems it is insurance plan. Is it safe? Is it a new product?

Did cross my mind and was googling if there is any minimum period before closing this account, and also the question on how to transfer out the money withdrawal... couldn't really find the answer so didnt pursue... maybe will restart now again

there's many early adoptors alr and 2.5% is currently opened to first 20k sign-ups while it's still open get it. $500 to get started. withdrawal is simple too.

you may read up the Singlife thread to see actual experiences and reviews. fuss-free really but only drawback is only 2.5% up to $10k but still worthy since @dchia78 is looking to park 10k somewhr.

 

[josc36]

there's many early adoptors alr and 2.5% is currently opened to first 20k sign-ups while it's still open get it. $500 to get started. withdrawal is simple too.

you may read up the Singlife thread to see actual experiences and reviews. fuss-free really but only drawback is only 2.5% up to $10k but still worthy since @dchia78 is looking to park 10k somewhr.

The interest is not guaranteed leh.
Cannot compare it to bank accounts.

Taken from Singlife website:
"Notes
Returns are not guaranteed and may change in the future."

 

[silverbomb]

The interest is not guaranteed leh.
Cannot compare it to bank accounts.

Taken from Singlife website:
"Notes
Returns are not guaranteed and may change in the future."

i've alr repeated my view many times and same thing with banks, their promoted interest rates changes from time to time (like the recent nerf by UOB, OCBC, DBS in apr/,may) so if Singlife changes their rates in the future, it's no difference to what the banks does. banks don't guarantee too so i cannot concur with your statement.

as what many ppl who themselves alr started using the account, 2.5% has been credited monthly so as i said b4, if u realised 1 day that the rates are not favourable to you then u just jolly well withdraw the funds out to move them elsewhere like how u would if other banks rates drops. rest my case. moving on...

 

[demoforce1]

i've alr repeated my view many times and same thing with banks, their promoted interest rates changes from time to time (like the recent nerf by UOB, OCBC, DBS in apr/,may) so if Singlife changes their rates in the future, it's no difference to what the banks does. banks don't guarantee too so i cannot concur with your statement.

as what many ppl who themselves alr started using the account, 2.5% has been credited monthly so as i said b4, if u realised 1 day that the rates are not favourable to you then u just jolly well withdraw the funds out to move them elsewhere like how u would if other banks rates drops. rest my case. moving on...

you can force people to follow, it is up to them, you have share the right things, but some people just so stubborn and missed all the goodies, no benefit to argue with such people

 

[wesker_82]

Did anyone still receive smartsaver card spend interest for topping up to Grab wallet?

 

[lazybee]

Did anyone still receive smartsaver card spend interest for topping up to Grab wallet?

Yes for this mth.

 

[tsipacse]

Using mastercard or visa please?

Yes for this mth.

 

[Trazora]

Using mastercard or visa please?

Almost anything counts.

The following transactions do not qualify for this bonus:

Cash withdrawal
Fees or charges
Funds transfer or cash advance
Transactions on BOC Cards that are terminated or unsuccessful
The unposted amounts under Installment Payment Plan (“IPP”) and Flexi-Balance transactions
Any amount charged to your BOC Debit or Credit Cards that is subsequently cancelled, voided or reversed
AXS payments (transactions via all AXS channels, including AXS station, AXS e-station, AXS m-station, etc.)
Any other transactions BOC may determine as not eligible for Card Spend bonus from time to time without prior notice.

 

[ekardo]

can I double check, the 3 bill payment or giro have to be minimum $30 each right ?

 

[Trazora]

can I double check, the 3 bill payment or giro have to be minimum $30 each right ?

Yes. 10char

 

[tsipacse]

Thanks this is very helpful

Almost anything counts.