BOC SmartSaver

[compro_1975]

Sian my cc not here yet

 

[Alwaysb]

So using master debit to pay cc bills can get 0.1% issit just that not included in card spend

0.1%cash rebates XD, better than nothing u see..

 

[hwmook]

Is ezlink transactions excluded from card spend for interest? I only remember the AXS spend are excluded.

 

[iCuteCube]

Sian my cc not here yet

I waited for damn long, called them few times, they acknowledge they received the application and it is "in-progress", and typically it takes 2 weeks. I was wondering mine was way longer than 2 weeks, over a month and close to 2 months, hahaa, patience

 

[shpesft]

Patience really needed. Mine took 7+ weeks to get approval and I had to resend some of my documents though I sent them all in during application.

Call them to track the application

Sian my cc not here yet

 

[Alwaysb]

Hi i have a question. My card statement is 23rd of every month. Any idea which salary month do they take in as salary bonus? Last month or this month? Also as for debit card, there should not be any statement month thus i assume it follows calendar month spend. Am i right?

 

[pcmdan]

Hi i have a question. My card statement is 23rd of every month. Any idea which salary month do they take in as salary bonus? Last month or this month? Also as for debit card, there should not be any statement month thus i assume it follows calendar month spend. Am i right?

Your card date doesn't affect when your salary crediting..actually BOC for all 3 actions are based on calendar month not card statement. all actions done this month will receive the interest next month for this month effort*

*Disclaimer-ur card transactions have to be posted in the month as well


As for your card rebates..unfortunately it ties to your card statement

 

[vddgnd]

Hi i have a question. My card statement is 23rd of every month. Any idea which salary month do they take in as salary bonus? Last month or this month? Also as for debit card, there should not be any statement month thus i assume it follows calendar month spend. Am i right?

What do u mean?
SmartSaver follow calendar month. If this month start has salary input, then this month saving can get bonus interest and the interest will be deposited into your a/c next month.

Credit card cashback follow cc statement cycle (yours 23rd of the month), but bonus interest of cc spending category for your smartsaver is follow calendar month calculation. So part of your spending in this month cc statement and part of next month cc statement are included in this calendar month calculation for the spending category bonus interest.

 

[iCuteCube]

What do u mean?
SmartSaver follow calendar month. If this month start has salary input, then this month saving can get bonus interest and the interest will be deposited into your a/c next month.

Credit card cashback follow cc statement cycle (yours 23rd of the month), but bonus interest of cc spending category for your smartsaver is follow calendar month calculation. So part of your spending in this month cc statement and part of next month cc statement are included in this calendar month calculation for the spending category bonus interest.

The 4 category of BOC Smart Saver Bonus follows calendar month.

1) Card Spend
2) Salary Crediting
3) Payment Bonus
4) Extra Saving Bonus

Reference Link - http://www.bankofchina.com/sg/pbservice/pb1/201611/t20161130_8271280.html

Credit Card Rebate (Dont get confused with BOC Smart Saver which is the saving account bonuses).

Credit Card rebates follow credit card cycle which is NOT calendar month.

*However, for one of the BOC Smart Saver, there is "Card Spend", that follow calendar month.

Hope this clarifies

 

[Alwaysb]

Thanks thanks hhahahaha... i was little confused just now. I think my cc statement ending 23rd this month should tie with salary credit end of last month.

What do u mean?
SmartSaver follow calendar month. If this month start has salary input, then this month saving can get bonus interest and the interest will be deposited into your a/c next month.

Credit card cashback follow cc statement cycle (yours 23rd of the month), but bonus interest of cc spending category for your smartsaver is follow calendar month calculation. So part of your spending in this month cc statement and part of next month cc statement are included in this calendar month calculation for the spending category bonus interest.

 

[Alwaysb]

By the way, has anyone here tried sg parking app here? Is it consider online spending?

 

[slowth84]

Seriously exploring this vs UOB ONE.

Can I find out for both banks, can I open a joint account with my wife and both credit salary to the account? So 2 of us crdit then for BOC across 6k.

 

[tiertime]

Are the bonus interest suppose to come in today?

 

[pcmdan]

Seriously exploring this vs UOB ONE.

Can I find out for both banks, can I open a joint account with my wife and both credit salary to the account? So 2 of us crdit then for BOC across 6k.

Can

10 char

 

[VacheronLim]

Are the bonus interest suppose to come in today?

usually within first 2 weeks of the month, although there were occasions it came in on the third week before

 

[Smokey.B]

Bonus interest still not in ?

 

[pcmdan]

Bonus interest still not in ?

YTD not in. Got so kan cheong or not...big bank won't cheat us one lah

 

[Smokey.B]

YTD not in. Got so kan cheong or not...big bank won't cheat us one lah

Ya very kan cheong, it’s my first mth pro-rated so not sure if they even gonna give me.

 

[tiertime]

Bonus interest still not in ?

i called in yesterday, they say can take up to 21st Dec

 

[OngHuatHuat]

Think the bonus interest date get delayed after they introduced the new terms and conditions december 2016.