FD or the Smart Saver?
BOC SmartSaver
- Thread starter wts2013
- Start date
FD or the Smart Saver?
is anyone thinking of making a voluntary refund of housing loan due to all these low interest?i was at branch too, yes boc gg to drop int too
bonussaver: 1.3% up to 80k (salary+ 3bill+2000spend)
uob one: 1.2% up to 75k (salary + cc spend)
boc: to be updated (3bill+ 1500spend+salary)
hsbc ega: embedded somewhere, cant find. heard it's adjusted from 1.65% to 1.3% for 3 months, excluding $800debit spend and $5000forex bonus.
dbs multiplier: not looking at this
maybank: not looking at this
maxigain: not looking at this
ocbc 360 up to 70k(plus 500increments): 1.2% (salary+ save)
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Believe he is referring to the higher range... Anyway have to wait and see for the rates updates
The logical thing to do is to dump all excess cash into the stock market while prices are still low, at least in SG and HK compared to USA.
Emotionally, its a bit hard to do though, given the downside risks.
uob one only 1.2%? I thought should be 1.8% after nerf
yea, at least july is safe
nowadays have to monitor every bank account month by month
next month then headache again 
Further nerfed wef 1Aug
UOB just changed again from 1 Aug onwards.
Got link to the new T&Cs?
[edit] Nevermind, saw it... TQ
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ekardo
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worry end of the month ba..
https://www.bankofchina.com/sg/bocinfo/bi1/202007/t20200702_18080949.html
what the heck is a SuperSaver account?
maybe they won't cut SmartSaver
https://www.bankofchina.com/sg/bocinfo/bi1/202007/t20200702_18080949.html
what the heck is a SuperSaver account?
maybe they won't cut SmartSaver
Best case: I think they will cut the base int, and have some minor tweaks to SmartSaver.
Goigg to BOC this Sat, as token is spoilt. Maybe will get more news from them, though I wont ask directly.....
https://www.bankofchina.com/sg/bocinfo/bi1/202007/t20200702_18080949.html
what the heck is a SuperSaver account?
maybe they won't cut SmartSaver
SuperSaver account is their current account. There was a promo last year that if you link you PayNow mobile number to it, did 3 transfers, it is 1.35%. Something along that line.
it's not officially announced yet so take it with a pinch of salt
wanna open smartsaver so the staff share this info with me b4 i proceed
i can't take photo of the changes so it's purely based on my memory
conditions for xtra interest: no change
card spend: 1.6 > 0.7 / 0.8 > 0.35
salary: 1.2 > 0.7 / 0.8 > 0.35
bill payment: no change
xtra savings: 0.6 > 0.3
base interest: 0.4 > 0.2
max savings to earn xtra interest increase from 60k to 80k
once again it's unofficial and for u guys to start planning ahead first
wanna open smartsaver so the staff share this info with me b4 i proceed
i can't take photo of the changes so it's purely based on my memory
conditions for xtra interest: no change
card spend: 1.6 > 0.7 / 0.8 > 0.35
salary: 1.2 > 0.7 / 0.8 > 0.35
bill payment: no change
xtra savings: 0.6 > 0.3
base interest: 0.4 > 0.2
max savings to earn xtra interest increase from 60k to 80k
once again it's unofficial and for u guys to start planning ahead first
thanks for sharing! At least u prepared us
in the end did u open smartsaver account?
nope, wasted trip going down with my dad
using his name as i already had an account
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