Consolidated thread for Priority/Privilege Banking

fireal

fireal

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Was in ocbc premier centre, saw got a lounge area with many aunties just lazing around drink kopi. You mean can just go inside sit one? Never try before

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FuNKySoULyBrO

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Jasonkidddd said:
Dear all, I am considering priority banking for the first time. Am considering between OCBC Premier and DBS Treasures. Any advice between the 2 (or even other banks?) I like OCBC for the friendlier RM while DBS is attractive for its iWealth trading platform for stocks with no minimum fees. Any comments are welcome! Thanks in advance!
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If trading, SCB priority better. Also no min fees, plus u can trade in overseas equities w/o custodian fees, whereas DBS iWealth charged custodian for overseas equities. Plus I prefer SCB trading app as compared to their iWealth app, which is laggy, and trading capabilities not as good.

Perks wise, SCB give u VI card with 24 free Priority Pass per year, and free travel insurance. Whereas DBST black amex is pretty useless. Only useful is their DBST debit card which allows to u withdraw from overseas ATM without the $7 fee.

Tried with my SCB VI card ( which is also linked to my esavers ) on overseas ATM, but it got treated as a cash advance instead....Kena charged $15 fee, but RM help me to reverse the charge promptly. My SCB RM is waaay better than DBST RM.
 
iCubes

iCubes

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FuNKySoULyBrO said:
If trading, SCB priority better. Also no min fees, plus u can trade in overseas equities w/o custodian fees, whereas DBS iWealth charged custodian for overseas equities. Plus I prefer SCB trading app as compared to their iWealth app, which is laggy, and trading capabilities not as good.

Perks wise, SCB give u VI card with 24 free Priority Pass per year, and free travel insurance. Whereas DBST black amex is pretty useless. Only useful is their DBST debit card which allows to u withdraw from overseas ATM without the $7 fee.

Tried with my SCB VI card ( which is also linked to my esavers ) on overseas ATM, but it got treated as a cash advance instead....Kena charged $15 fee, but RM help me to reverse the charge promptly. My SCB RM is waaay better than DBST RM.
Click to expand...

If you have more than 200k equities with SCB trading does that qualify you for privilege banking?
 
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aYu82

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Does OCBC or Maybank offer special trading fee for premier customers similiar to SCB?
 
compro_1975

compro_1975

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FuNKySoULyBrO said:
If trading, SCB priority better. Also no min fees, plus u can trade in overseas equities w/o custodian fees, whereas DBS iWealth charged custodian for overseas equities. Plus I prefer SCB trading app as compared to their iWealth app, which is laggy, and trading capabilities not as good.

Perks wise, SCB give u VI card with 24 free Priority Pass per year, and free travel insurance. Whereas DBST black amex is pretty useless. Only useful is their DBST debit card which allows to u withdraw from overseas ATM without the $7 fee.

Tried with my SCB VI card ( which is also linked to my esavers ) on overseas ATM, but it got treated as a cash advance instead....Kena charged $15 fee, but RM help me to reverse the charge promptly. My SCB RM is waaay better than DBST RM.
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waaa sounds pretty good... maybe can consider~
 
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blurpandasg2014

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What's the interest rate for ocbc premierdividend + saving account? Isit 0.8% base or 1.1% base. Saw conflicting rates on ocbc website

Anyoen can verify
 
OCBC Bank

OCBC Bank

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blurpandasg2014 said:
What's the interest rate for ocbc premierdividend + saving account? Isit 0.8% base or 1.1% base. Saw conflicting rates on ocbc website

Anyoen can verify
Click to expand...

Hi there,

For the Premier Dividend+ Savings Account, the base interest is 0.05% p.a.


You will get 2 categories of interest on your account every month.

1.Base interest (0.05% p.a.)

This interest is accrued daily based on your account's day-end balance and you will receive this at the end of the month.


2.Bonus interest (up to 1.6% p.a.)

You earn 2 types of bonus interest on your account's average daily balance.

•Earn a Monthly No Withdrawal bonus interest of 1.1% per year for months when you do not make any withdrawals.

•Earn a Monthly No Withdrawal & Save bonus interest of 0.5% per year for months when you do not make any withdrawals and save S$2,000.

https://www.ocbc.com/personal-banking/premier-banking/solutions/premier_dividend_solutions

^DG
 
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zaemon

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Anybody has experience applying SCB priority banking with a mixture of cash (savings) and equities (trading) accounts? I was told that only the savings balances count towards the 200k count.
 
Danger21

Danger21

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zaemon said:
Anybody has experience applying SCB priority banking with a mixture of cash (savings) and equities (trading) accounts? I was told that only the savings balances count towards the 200k count.
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Equities also can. If wan can pm me I will refer you.. We can split the fee

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