BOC SmartSaver

[mrwirus]

Got free money again... Today at 3am received $1+ from Smart saver for dunno what

wow.. this time i dun haf.. hope tomorrow 3am u receive again haha..

 

[hyperbole]

Cashback only $1+ for retail spending of $500?

You used debit card right. The MasterCard rebate is only 0.1% and Union pay 0.3%

 

[tohms2002]

anyone checked if their rebates from the family cc are aligned to what you spent on? I spent $200+ on dining and other expenses as well, but based on my statement, the rebate was only $1.59

Take note spending in hotel might not get 5%.

 

[Squaredot]

Got free money again... Today at 3am received $1+ from Smart saver for dunno what

Didnt rec BOC SMS this time although interest was credited!? Previously I rec SMS.

Edit: Rec'd sms late.. 03:24 on 2/5/2017

 

[tiertime]

Didnt rec BOC SMS this time although interest was credited!? Previously I rec SMS.

the previous times also did not receive any sms, but still got money credited

 

[Squaredot]

Does it take "longer" now for BOC Bill Payment to reach DBS/POSB credit cards?

Previously amount will be credited to DBS/POSB on the next da. Now OCBC payment gateway is faster!

I made two payment on 28 April (Friday), DBS already updated payment from OCBC on 29 April but payment from BOC still not reflected
I thought BOC should be faster

 

[Trazora]

Does it take "longer" now for BOC Bill Payment to reach DBS/POSB credit cards?

Previously amount will be credited to DBS/POSB on the next da. Now OCBC payment gateway is faster!

I made two payment on 28 April (Friday), DBS already updated payment from OCBC on 29 April but payment from BOC still not reflected
I thought BOC should be faster

BOC using AXS to make the payment, tend to be slower over weedend/public holiday. OCBC using a different system.

 

[AH CHIA]

Does it take "longer" now for BOC Bill Payment to reach DBS/POSB credit cards?

Previously amount will be credited to DBS/POSB on the next da. Now OCBC payment gateway is faster!

I made two payment on 28 April (Friday), DBS already updated payment from OCBC on 29 April but payment from BOC still not reflected
I thought BOC should be faster

From my experience, usually 2 working days. I hope this will not affect your rebates on the bill payment portion.

 

[Squaredot]

BOC using AXS to make the payment, tend to be slower over weedend/public holiday. OCBC using a different system.

Yes i am aware of the different payment gateway.
Precisely becos BOC is using AXS which is "same house" as DBS , therefore i was expecting BOC to be faster. But I was wrong

Thanks for sharing.

 

[Squaredot]

How much can we FAST out of Smartsaver in a day?
Anyone know?

 

[oceanicmanta]

50k to 3rd party
another 50k to other BOC account (joint account)
so can be 100k

 

[savinmax]

How much can we FAST out of Smartsaver in a day?
Anyone know?

actually, you can FAST out 100k per day from BOC.

50k via internet BOC webpage
50k via mobile BOC apps

 

[oceanicmanta]

actually, you can FAST out 100k per day from BOC.

50k via internet BOC webpage
50k via mobile BOC apps

wah, this one even better !!

 

[Trazora]

can someone confirm the interest above $60k, is it 1.75% from the sum of 1% (fulfilled at least one of the above criteria) + 0.35% (extra saving interest) + 0.4% (base interest)?

no it is just 0.6% (extra saving interest) + 0.4% (base interest) = 1% for $60,000.01 to $1,000,000

 

[spearhawk]

Anyone knows if it is possible to get sup card for BOC SmartSaver debit card?

 

[naro]

no it is just 0.6% (extra saving interest) + 0.4% (base interest) = 1% for $60,000.01 to $1,000,000

Which i think is pretty good! Will entice ppl to put their monies in. 1% is good! No need to open another cimb fastsaver account for 1%

 

[wealth_farmer]

Just note that SDIC insures up to $50k deposits only, so spreading your eggs beyond one basket is prudent in case touchwood the bank goes under.

Which i think is pretty good! Will entice ppl to put their monies in. 1% is good! No need to open another cimb fastsaver account for 1%

 

[naro]

Just note that SDIC insures up to $50k deposits only, so spreading your eggs beyond one basket is prudent in case touchwood the bank goes under.

Yup.. agreed. but some ppl find it a hassle to handle more than 1 account.

 

[fortunecat]

The credit card spending period is from start to end of mth, not your billing cycle date right?

Sent from G4 using GAGT

 

[eD|t|0n]

The credit card spending period is from start to end of mth, not your billing cycle date right?

Sent from G4 using GAGT

If you are talking about meeting the smartsaver min. spending needs then YES - It's credit card spending based on calendar month.

If you are talking about meeting family card min. spending needs then it's about the family card billing cycle.

Best is to align the credit card billing cycle "to be as close as possible" to the calendar month.