Consolidated thread for Priority/Privilege Banking

vince123123

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Has anyone ever received a letter from SCB requesting a topup of the AUM to $200,000 when it fell below?
 

chopra

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scb priority: investments 25 Points per month for every S$10,000 average Asset Under Management

==> does anyone know if stocks purchased is under AUM? 25points = 10miles
If you got $100k stocks, it means 100miles every month or about $2 dividend if you value it at 2cpm.
 

tiertime

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Has anyone ever received a letter from SCB requesting a topup of the AUM to $200,000 when it fell below?

Rather than informing customers with such useless message... they shd have just make use of this mail to encourage premier customers to deposit by offering a special bonus interest in the letter to entice them back... this letter is full of fail...
 

naro

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scb priority: investments 25 Points per month for every S$10,000 average Asset Under Management

==> does anyone know if stocks purchased is under AUM? 25points = 10miles
If you got $100k stocks, it means 100miles every month or about $2 dividend if you value it at 2cpm.

Stocks via sc online equities are excluded
 

ahboy82

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Any banks that giv u priority status upon taking house loan with them?
 

sebastgt

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Any banks that giv u priority status upon taking house loan with them?

Eligibility criteria for Priority Banking
To enjoy the exclusive Priority Banking membership and all the benefits and privileges that come with it, simply maintain a minimum of S$200,000 in deposits and/or investments, or maintain a minimum of S$1.5 million in housing loans with us.

https://www.sc.com/sg/terms-and-conditions/priority/
 

sebastgt

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Any banks that giv u priority status upon taking house loan with them?

How you can join us

Place a minimum of S$200,000 (or its equivalent in foreign currency) in Total Relationship Balance or

Credit a monthly salary of minimum S$15,000, with HSBC Premier fee waiver for 2 years or

Take up a property loan size of minimum S$800,000, with loan to value of 80% or less

Alternatively, if you are already an HSBC Premier customer, you can join HSBC Premier in other countries without having to maintain the minimum Total Relationship Balance.

http://www.hsbc.com.sg/1/2/hsbcpremier/get-in-touch
 

agmayu

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Is there any cheaper alternative than SCB for stock trading? Looks like hsbc, citigold etc all have higher charges than SCB.
 

rerear

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Hsbc premier customers how to get into priority lounges, need to apply one of the cards? Or some PP?
 

agmayu

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One last question - I have a SCB credit card, but no banking relationship. If I open a SCB priority, will I still qualify for the $1000 or I am no longer considered "New to bank" customer?

Also, anyone willing to intro me and split the referral fees 50/50?
 
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