BOC SmartSaver

[ackatso]

Hi, does anyone know the treatment for using Family card to top up ez link card for SmartSaver? Is it included in the minimum spend consideration for card spend bonus interest?

 

[yiwei]

Noted. Then what is the benefit (or advantage) of using "the BOC debit card to pay the rest via AXS"?

You get 0.1% rebate with minimum of $100 spending.

Hi, does anyone know the treatment for using Family card to top up ez link card for SmartSaver? Is it included in the minimum spend consideration for card spend bonus interest?

Eligible for SmartSaver card spend bonus, not eligible for Family card rebate.
Actually can use SimplyGo directly, you get 3% rebate for family card too if you spend more than $800 that month. No need top up, counted for both card spend bonus and rebate, nothing lost if you spend less than $800 also

 

[maumu]

Can. In fact can just pay 3× $30 to any credit card(s)

if only pay $30 to credit card bill, the credit card company will automatically GIRO the balance amount? or still the original amount on statement (hence resulting in overpaying and having a negative balance for the following month)?

 

[Trazora]

if only pay $30 to credit card bill, the credit card company will automatically GIRO the balance amount? or still the original amount on statement (hence resulting in overpaying and having a negative balance for the following month)?

The GIRO amount will be reduced accordingly

 

[maumu]

also, can I confirm that those of you who're using BOC debit/credit card to pay prudential insurance are getting card spend bonus interest? the CSO said yes when I apply, but just want to hear from those who've already tried.

 

[Trazora]

also, can I confirm that those of you who're using BOC debit/credit card to pay prudential insurance are getting card spend bonus interest? the CSO said yes when I apply, but just want to hear from those who've already tried.

Why not? Go read the TnC for the exclusions. Hardly any exclusions other than AXS and banking fees

 

[josc36]

its out and its real bad.

CC: $1500 - 0.5%/ $500 - 0.3%
SAL: >$6K - 0.5%/ $2K to $6K - 0.3%
BILL: 0.3%

addition of wealth category: 1.5%

but cap at $80K now instead of $60K

 

[Trazora]

its out and its real bad.

CC: $1500 - 0.5%/ $500 - 0.3%
SAL: >$6K - 0.5%/ $2K to $6K - 0.3%
BILL: 0.3%

addition of wealth category: 1.5%

but cap at $80K now instead of $60K

Any reference link?

 

[josc36]

https://www.bankofchina.com/sg/bocinfo/bi1/202007/t20200702_18080947.html

 

[maumu]

from once the highest... to now the lowest... completely fell behind the local banks which are still reasonably around 1.2% for a combination of salary, card spend, bill payment, etc.

oh well, maybe it's time to revisit eSaver/iSavvy...

 

[Trazora]

from once the highest... to now the lowest... completely fell behind the local banks which are still reasonably around 1.2% for a combination of salary, card spend, bill payment, etc.

oh well, maybe it's time to revisit eSaver/iSavvy...

Still can get up to 1.5% for salary, card spend, bill payment and base.

 

[ekardo]

sigh..used to be 2.35%...now dropped to 1.1% for me..

 

[maumu]

Still can get up to 1.5% for salary, card spend, bill payment and base.

my salary with OCBC is giving me 0.9% for 70k... including monthly step-up can get 1.2%.

BOC? only 0.5% for salary.

70k x 1.2% vs 80k x 0.5%... the choice is obvious...

 

[ekardo]

Still can get up to 1.5% for salary, card spend, bill payment and base.

max of 1.3% bah..

for >80k is 0.6% is it ?

 

[vsvs24]

Max drop from 3.55% to 1.7% right ? (including base excluding extra interest)

 

[maumu]

max of 1.3% bah..

for >80k is 0.6% is it ?

u haven't add 0.2% base interest which is how trazora get 1.5%

 

[maumu]

Max drop from 3.55% to 1.7% (including base interest) right ?

base interest also drops from 0.4% to 0.2%... hence max is 1.5% now (excluding wealth bonus).

 

[vegavega25]

Still can get up to 1.5% for salary, card spend, bill payment and base.

Where is the base mentioned?

Lets assume card spend of S$1.5K and salary of S$6K.

That is 0.5 (card spend) + 0.5 (salary) + 0.3 (bill pay) =1.3.

Base =?

Also, where are these so-called wealth products mentioned?

 

[vsvs24]

base interest also drops from 0.4% to 0.2%... hence max is 1.5% now (excluding wealth bonus).

Oh. I did not notice base interest drop. Is it in the same document ?

 

[ekardo]

ya.cannot find what base interest is about..

and what is the rate for 80k and above? the 0.4% sounds misleading again..