Consolidated thread for Priority/Privilege Banking

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oceanicmanta

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mr168 said:
Hi

Any criteria for your HK DBST to entrol? I'm holding China DBST but with little amount inside the account. Wonder if I can enrol too.
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if just for lounge, easiest to apply DBS Alt & get Priority Pass access

for DBST Travel Privileges enrol, if you dont meet criteria, I think a lot depends on your relationship with the RM whether he wants to help. I say this bcos all it takes to access the lounge is your DBST card & boarding pass.
 
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oceanicmanta

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arctician said:
minimal privileges and need spend $2k per month on dbs card.

using uob one card with 5% can get back $1.2K cash :s13:
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forgot to mention, ... in my first year on DBST Travel Privileges, I was upgraded to Krisflyer Elite Gold status ... not sure if this is still being offered now or if something relevant
 
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mr168

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oceanicmanta said:
if just for lounge, easiest to apply DBS Alt & get Priority Pass access

for DBST Travel Privileges enrol, if you dont meet criteria, I think a lot depends on your relationship with the RM whether he wants to help. I say this bcos all it takes to access the lounge is your DBST card & boarding pass.
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Thanks, with the peanuts i have inside my china account. i doubt my RM wants to help me.... hahhahahahaha
 
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mr168

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oceanicmanta said:
forgot to mention, ... in my first year on DBST Travel Privileges, I was upgraded to Krisflyer Elite Gold status ... not sure if this is still being offered now or if something relevant
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i think its still being offered as of now. i'm actually KFEG now, but requalifying maybe a bit tough as i only fly regional nowadays.
 
WoShiPro

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I have received email invitation to join DBS treasures currently using vickers to trade looking to join treasures to enjoy lower commission on my trades. i have read the previous few page and it seem relation with RM is impt to get the wavier of AUM for subsequent years? on my invitation email it state

I’d like to invite you to join us without the minimum requirement of S$350,000 in assets under management ("AUM"). To enjoy an annual waiver of the AUM requirement, simply make one trade online (equities or funds).

Some questions I have.
1) Are there any fees to transfer stocks in CDP to treasures?
2) Currently I'm using posb savings/multipler account to fund my Vickers trade. Do I need to transfer funds to this Wealth Management Account inorder to enjoy the lower commission or I can fund directly?
 
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wwf

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Rainbow1112 said:
I have received email invitation to join DBS treasures currently using vickers to trade looking to join treasures to enjoy lower commission on my trades. i have read the previous few page and it seem relation with RM is impt to get the wavier of AUM for subsequent years? on my invitation email it state

I’d like to invite you to join us without the minimum requirement of S$350,000 in assets under management ("AUM"). To enjoy an annual waiver of the AUM requirement, simply make one trade online (equities or funds).

Some questions I have.
1) Are there any fees to transfer stocks in CDP to treasures?
2) Currently I'm using posb savings/multipler account to fund my Vickers trade. Do I need to transfer funds to this Wealth Management Account inorder to enjoy the lower commission or I can fund directly?
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If only have little fund say $5000 in AUM, I think DBS treasures RM likely will not care much.
And also if the AUM waiver is only one year，no point opening then close the next year.

Wonder why dbs send email up to people without $350k, wonder is it to get more people to join then slowly sell them more products.
 
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helloworld321

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wwf said:
If only have little fund say $5000 in AUM, I think DBS treasures RM likely will not care much.
And also if the AUM waiver is only one year，no point opening then close the next year.

Wonder why dbs send email up to people without $350k, wonder is it to get more people to join then slowly sell them more products.
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I received that as well. And i don't keep more than 100 bucks in DBS account. lol.
 
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malthead

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chopra said:
huh? free leh
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From what I understand, there are two types of scb visa infinite cards. One priority and one non priority. The latter needs to pay for annual fees but allow for Fullerton gym and pool access.

The priority vi does not allow for Fullerton access. If you manage to get in using the priory vi then perhaps it's a lapse but let's hope scb does not make you pay back for the access.

At least this was what I understood a year back
 
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