BOC SmartSaver

[Trazora]

"Debit card min $1 for sms alert"

If I set SMS alert online under "Debit Card Services", will there be SMS alert for GIRO deduction?

Thanks

I never tried for GIRO but dun see why not.

 

[Trazora]

For Starhub Mobile, Insurance, other CC Bills and Singtel Mio TV, do you all use the Bill Payment function in their Ibanking or sign up Giro from the company side?

Possible for recurring payment in BOC?

Can apply GIRO to pay but I prefer to just pay using pay bill in ibanking, more control.

 

[tinky123]

Was just wondering about this. Need advice:

I just opened a BoC smartsavers acc, i can continue to use ocbc 360 to continue my salary crediting to earnt that 1.2% of the salary creditied (BoC only 0.8% and i take home less than 6k salary).

Then park all the money in BoC to earn the prevailing interest and the interest from bill payment and cc spend using BoC acc.

So in total, i can still earn as such:

1.2% (from ocbc 360) + 0.8%(BoC $500 cc spend) + 0.35%(BoC bill payment) + 0.35% (BoC prevailing interest if more than 20k in acc)

Total interest earn: 2.7%

Is my calculation correct or am i missing something?

 

[Trazora]

Was just wondering about this. Need advice:

I just opened a BoC smartsavers acc, i can continue to use ocbc 360 to continue my salary crediting to earnt that 1.2% of the salary creditied (BoC only 0.8% and i take home less than 6k salary).

Then park all the money in BoC to earn the prevailing interest and the interest from bill payment and cc spend using BoC acc.

So in total, i can still earn as such:

1.2% (from ocbc 360) + 0.8%(BoC $500 cc spend) + 0.35%(BoC bill payment) + 0.35% (BoC prevailing interest if more than 20k in acc)

Total interest earn: 2.7%

Is my calculation correct or am i missing something?

Not correct. If all your savings is in BOC, you will not get any interest from OCBC.

 

[hypertrophy]

Does anyone knows if topping up ez-link card with cc at the ticketing machine counts towards the $500/$1500 spend bonus?

 

[Tormented Soul]

Was just wondering about this. Need advice:

I just opened a BoC smartsavers acc, i can continue to use ocbc 360 to continue my salary crediting to earnt that 1.2% of the salary creditied (BoC only 0.8% and i take home less than 6k salary).

Then park all the money in BoC to earn the prevailing interest and the interest from bill payment and cc spend using BoC acc.

So in total, i can still earn as such:

1.2% (from ocbc 360) + 0.8%(BoC $500 cc spend) + 0.35%(BoC bill payment) + 0.35% (BoC prevailing interest if more than 20k in acc)

Total interest earn: 2.7%

Is my calculation correct or am i missing something?

Totally wrong. Doesn't work that way. The interest cannot split like that to count and add together. You just random take 50k 50k sum put both account and count and you get what I mean instead of having 100k in one.

 

[pcmdan]

Was just wondering about this. Need advice:

I just opened a BoC smartsavers acc, i can continue to use ocbc 360 to continue my salary crediting to earnt that 1.2% of the salary creditied (BoC only 0.8% and i take home less than 6k salary).

Then park all the money in BoC to earn the prevailing interest and the interest from bill payment and cc spend using BoC acc.

So in total, i can still earn as such:

1.2% (from ocbc 360) + 0.8%(BoC $500 cc spend) + 0.35%(BoC bill payment) + 0.35% (BoC prevailing interest if more than 20k in acc)

Total interest earn: 2.7%

Is my calculation correct or am i missing something?

interest dont calculate this way

simple e.g.

if u only have $1k

1000 x 4% = $40

if u split into 2 banks

500 x 2% = $10
500x 3% = $15

based on your calculation you should yield 5% but in actual absolute amount you only receive $25

Effective rate 2.5%

 

[hyperbole]

Was just wondering about this. Need advice:

I just opened a BoC smartsavers acc, i can continue to use ocbc 360 to continue my salary crediting to earnt that 1.2% of the salary creditied (BoC only 0.8% and i take home less than 6k salary).

Then park all the money in BoC to earn the prevailing interest and the interest from bill payment and cc spend using BoC acc.

So in total, i can still earn as such:

1.2% (from ocbc 360) + 0.8%(BoC $500 cc spend) + 0.35%(BoC bill payment) + 0.35% (BoC prevailing interest if more than 20k in acc)

Total interest earn: 2.7%

Is my calculation correct or am i missing something?

You don't earn interest on your salary amount credited, you earn interest on total balance in your account. So if you credit salary to OCBC then take out and put into BOC, you don't get any bonus interest on your salary credit

 

[lazybee]

Does anyone knows if topping up ez-link card with cc at the ticketing machine counts towards the $500/$1500 spend bonus?

Yes. I use BOC shop card, and I get the spend bonus. The transaction is listed as "consumption" in BOC internet banking.

 

[kael1n83]

Yes. I use BOC shop card, and I get the spend bonus. The transaction is listed as "consumption" in BOC internet banking.

i guess ATU on EZlink counts too?

 

[frustrateddude]

ATU needs convenience fee
Topping at GTM is FOC

What do you think?

 

[hyperbole]

ATU needs convenience fee
Topping at GTM is FOC

What do you think?

ATU nets flash pay 5% rebate. Top up gtm 0.5% rebate

 

[lazybee]

ATU nets flash pay 5% rebate. Top up gtm 0.5% rebate

At times, I top up more than necessary in Ezlink card to hit the 500 spend. But flashpay don't allow that. Otherwise, it is a good method.

 

[furryballs]

Wah I just logged in to BOC internet banking... very little online bill payment options!!! I need to clock 3!
1) BOC credit card
2) POSB Everyday card
3) CIMB card

Just nice 3 payments. If they need more, I will have problem squeezing

 

[xorionn]

wanna ask, i wanna buy air tix from scoot and jetstar, $1500+ - do they qualify as online purchases fore 6% rebates using shop card? i have both shop and family card

 

[FrontierX]

Wah I just logged in to BOC internet banking... very little online bill payment options!!! I need to clock 3!
1) BOC credit card
2) POSB Everyday card
3) CIMB card

Just nice 3 payments. If they need more, I will have problem squeezing

just prepay ur cards.

i standard pay $30 to 3 credit cards every mont no matter got spend or not..

BOC, POSB everyday, OCBC 365

 

[Tormented Soul]

just prepay ur cards.

i standard pay $30 to 3 credit cards every mont no matter got spend or not..

BOC, POSB everyday, OCBC 365

What happens when you pre pay the card even if you don't send it ah?

You set auto pre-pay or?

Didn't know pay to own BOC card also counted.

 

[hyperbole]

just prepay ur cards.

i standard pay $30 to 3 credit cards every mont no matter got spend or not..

BOC, POSB everyday, OCBC 365

You can use your POSB or DBS cards to pay other credit cards or bills. So if you don't have enough bill payments I suggest to pay to at least 2 dbs/posb cards

 

[hyperbole]

wanna ask, i wanna buy air tix from scoot and jetstar, $1500+ - do they qualify as online purchases fore 6% rebates using shop card? i have both shop and family card

Not sure about this so I'll let someone else answer.

But fyi, the shop card no more online rebate

 

[furryballs]

You can use your POSB or DBS cards to pay other credit cards or bills. So if you don't have enough bill payments I suggest to pay to at least 2 dbs/posb cards

Use credit card do internet banking payment is considered as cash advance?