BOC SmartSaver

[RoLanTo]

Is BOC still best interest payout after the cut?

Sent from Xiaomi MI MIX 2S using GAGT

 

[PhantomCarlos]

I think DBS Multiplier is the best now especially if you can hit Income + 2 or 3 categories. Will move there after July.

 

[demoforce1]

I think DBS Multiplier is the best now especially if you can hit Income + 2 or 3 categories. Will move there after July.

BOC
1.45% and not 1.5% for salary 6k, 3 bills and $1500 spend
1.25% and not 1.5% for salary 6k, 3 bills and $500 spend?

How much DBS Multiplier rate after recent cut?

 

[PhantomCarlos]

BOC
1.45% and not 1.5% for salary 6k, 3 bills and $1500 spend
1.25% and not 1.5% for salary 6k, 3 bills and $500 spend?

How much DBS Multiplier rate after recent cut?

DBS (Income + 2 categories, For first $50,000)
>=$2,000 to <$5,000 is 1.5%
>=$5,000 to <$15,000 is 1.8%

So for Salary 6k, $1 CC spend, $100 RSP can get 1.8%

 

[sgbird]

DBS (Income + 2 categories, For first $50,000)
>=$2,000 to <$5,000 is 1.5%
>=$5,000 to <$15,000 is 1.8%

So for Salary 6k, $1 CC spend, $100 RSP can get 1.8%

By the way, what is RSP? Thanks

 

[Trazora]

By the way, what is RSP? Thanks

Regular Savings plan under posb invest saver

https://www.posb.com.sg/personal/investments/other-investments/invest-saver

 

[Jazzbie]

Did not get full BOC bonus interest for credit card spend (more than $1500). Anyone knows if GTM or Youtrip top-up has been removed from the eligible spend?

 

[Trazora]

Did not get full BOC bonus interest for credit card spend (more than $1500). Anyone knows if GTM or Youtrip top-up has been removed from the eligible spend?

Both should be eligible. Confirm min $1500 posted in calendar month? Any refund?

 

[Jazzbie]

Both should be eligible. Confirm min $1500 posted in calendar month? Any refund?

Yup, checked many times to make sure of that. Only difference is annual fee got charged in last statement (but over and above $1500 spend) and waived in this statement.

Called BOC to check liao.

 

[Trazora]

Yup, checked many times to make sure of that. Only difference is annual fee got charged in last statement (but over and above $1500 spend) and waived in this statement.

Called BOC to check liao.

So did BOC explain the reason for the less interest?

 

[Jazzbie]

They will have to check and get back

 

[1a2a3a]

Is it because 30 days and not 31 days?

They will have to check and get back

 

[HoGnix]

Did not get full BOC bonus interest for credit card spend (more than $1500). Anyone knows if GTM or Youtrip top-up has been removed from the eligible spend?

Could be the same reason as me, I topped up on 27-Jun and it was only posted on 1-Jul, so Credit Card spending bonus dropped.

Check your top up Posting date. .

 

[demoforce1]

DBS (Income + 2 categories, For first $50,000)
>=$2,000 to <$5,000 is 1.5%
>=$5,000 to <$15,000 is 1.8%

So for Salary 6k, $1 CC spend, $100 RSP can get 1.8%

this sound much better, can we open DBS Multiplier and RSP online?

 

[Squaredot]

this sound much better, can we open DBS Multiplier and RSP online?

Easy to open account online via ibanking for DBS customers.

But don't get your hopes high on this account...more cuts may be coming..

 

[Squaredot]

Could be the same reason as me, I topped up on 27-Jun and it was only posted on 1-Jul, so Credit Card spending bonus dropped.

Check your top up Posting date. .

GTM takes longer to post. Risky to depend on it towards end of the month.

 

[Joseph99]

Hi, if i top up singtel dash using boc cards ,is it consider as spending for smartsaver account ? Thanks .

 

[iadpotato]

Moving my 60k in BOC SS into DBS/UOB/OCBC shares better...

Posted on my Black iPhone 7 Plus with HardwareZone Forums app

 

[ekardo]

dun really think many other bank is better for the same conditions (salary, cc and 3 giro).

RHB maybe more without any condition..

 

[demoforce1]

Easy to open account online via ibanking for DBS customers.

But don't get your hopes high on this account...more cuts may be coming..

any source more cuts may be coming?