BOC SmartSaver

[ekardo]

So far no. Decide to move all money to Tbill and SSB

Long and slow journey...

 

[sgbird]

Long and slow journey...

Quite pity, I am the 1st batch user of BOC smart saver, I remember I got a S$50 NETSFLASH card when I opened the smart saving account. The smart saver interest rate is always competitive in past 6 years.

However, the bank should lose money in this kind of multi-saving program therefore now they dont have incentive for catching up with the games liao

 

[vsvs24]

Think BOC needs time. A bit more bureaucratic than other banks.

I like the bank. So kept $1500 till they offer something better

 

[ekardo]

I hope the problem in china doesnt flow to BOC singapore....

 

[Moowoow]

Think BOC needs time. A bit more bureaucratic than other banks.

I like the bank. So kept $1500 till they offer something better

Kept only 1500? Why?

 

[vsvs24]

Kept only 1500? Why?

Min sum to avoid fall below fee.

In case next time I want to go back to BOC smartsaver

 

[ekardo]

Think BOC needs time. A bit more bureaucratic than other banks.

I like the bank. So kept $1500 till they offer something better

so where is earning you more than 1.5% in bank ?

 

[vsvs24]

so where is earning you more than 1.5% in bank ?

Tbill, SGS bonds, SSB, esaver, HSBC EGA.

Today have 6 mths tbill close at 9pm. Like SSB, need CDP account to apply. Can apply using 3 local bank internet banking or ATM.

6 mths tbill is issued every 2 weeks. If miss today's issue can apply the one that close 2 weeks later.

Really encourage everyone to try out tbill. Easy to apply. But need to hold till maturity. Treat it like a 6 mths FD.

The interest is higher than FD and savings account.

 

[ekardo]

Tbill, SGS bonds, SSB, esaver, HSBC EGA.

Today have 6 mths tbill close at 9pm. Like SSB, need CDP account to apply. Can apply using 3 local bank internet banking or ATM.

6 mths tbill is issued every 2 weeks. If miss today's issue can apply the one that close 2 weeks later.

Really encourage everyone to try out tbill. Easy to apply. But need to hold till maturity. Treat it like a 6 mths FD.

The interest is higher than FD and savings account.

what is the usual Tbill allocation size?

 

[vsvs24]

what is the usual Tbill allocation size?

4.6 billion opened for application. Not like SSB where only get a bit.

There is a thread on tbills. Can go read up if interested.

Thread 'Singapore Treasury bills (T-bills)' https://forums.hardwarezone.com.sg/threads/singapore-treasury-bills-t-bills.6769601/

 

[weiming41]

Anyone's boc debit card is still able to use it for AXS payment credit card bill payment ?

 

[shpesft]

Anyone's boc debit card is still able to use it for AXS payment credit card bill payment ?

Nope. I haven’t been able to use it on AXS since 1 Aug.

 

[Cumzilla]

Nope. I haven’t been able to use it on AXS since 1 Aug.

https://forums.hardwarezone.com.sg/...yment-on-axs-this-week.6616789/post-143246013
Looks like not able to use since last month, but mine went thru for July payment.

 

[MoDiE]

this BOC SS is still a pretty decent savings account. my 50k inside earns me 0.95% p.a... 0.15 base, 0.5 salary credit, 0.3 bill payment.

my main account is still dbs multiplier, 100k inside now earns 3% p.a... shiok shiok

 

[vsvs24]

this BOC SS is still a pretty decent savings account. my 50k inside earns me 0.95% p.a... 0.15 base, 0.5 salary credit, 0.3 bill payment.

my main account is still dbs multiplier, 100k inside now earns 3% p.a... shiok shiok

DBS Multiplier you can hit 30k transaction amounts with salary plus 3 categories ?

BOC smartsaver max 1.45% need to do so much. I get more from esaver without having to do anything so taking a break.

 

[MoDiE]

DBS Multiplier you can hit 30k transaction amounts with salary plus 3 categories ?

BOC smartsaver max 1.45% need to do so much. I get more from esaver without having to do anything so taking a break.

Easy peasy for me to hit 30k. Been hitting it ever since multiplier started.

 

[Bubble2030]

DBS Multiplier you can hit 30k transaction amounts with salary plus 3 categories ?

BOC smartsaver max 1.45% need to do so much. I get more from esaver without having to do anything so taking a break.

same already emptied my boc, singlife, dash etiqa, uob one...

 

[ekardo]

same already emptied my boc, singlife, dash etiqa, uob one...

incremental 1.5% for esaver easy meh ?

 

[vsvs24]

incremental 1.5% for esaver easy meh ?

Normal esaver is 1.5% for Aug and Sep.

From Sep, move to CIMB Fastsaver for 1.53% if you have $75000. This does not need to play musical chair.

For me I am priority customer of Std Chart and received invitation for exclusive esaver rate of 1.8% till Mar 2023 if place $100k. So no need to play musical chair too.

 

[Bubble2030]

incremental 1.5% for esaver easy meh ?

super easy, its practically effortless since i have 2 esaver

Normal esaver is 1.5% for Aug and Sep.

From Sep, move to CIMB Fastsaver for 1.53% if you have $75000. This does not need to play musical chair.

For me I am priority customer of Std Chart and received invitation for exclusive esaver rate of 1.8% till Mar 2023 if place $100k. So no need to play musical chair too.

i tried to ask for exception but rejected, seem like they only offer it to priority but i just dropped out

i expect HSBC EGA to raise the bar next month, they usually match SCB rates..