Difference between SCB Preferred and Priority Banking

[arctician]

anyone knows how i can get the priority banking but did not hit their requirement?

I saw that there is a "Segment Maintenance Fee" Monthly Fee of S$50 for SCB Priority Banking? Is this a non-waivable fee to all PB customers?


Page 12: https://www.sc.com/sg/_pdf/SCB_Pricing_Guide.PDF

200k aum is quite strict..and if u fulfill aum wont have $50 service fee

 

[cybercom8]

anyone knows how i can get the priority banking but did not hit their requirement?

easier to "borrow" the required aum and join and then withdraw everything and return to those you borrowed from

 

[GrandJedi]

Can someone confirm to me that SCB is very strict on the $200k AUM requirement and will charge $50 monthly fee when it falls below it? Some other banks are not so strict.

Thanks.

 

[Allen_C_Sharp]

Guys, do you still have to keep 200k with SCB to maintain PB status or we can just leave $1 after 6 mths and park $ elsewhere?

 

[addict951]

Guys, do you still have to keep 200k with SCB to maintain PB status or we can just leave $1 after 6 mths and park $ elsewhere?

Every month pay $50 to maintain PB status if less than 200K

 

[SBC]

Any where to check my status on SCB online?

 

[addict951]

Any where to check my status on SCB online?

Whether you're PB or the application status of your PB?

 

[vince123123]

Whih clause in TnC says this?

Every month pay $50 to maintain PB status if less than 200K

 

[addict951]

Whih clause in TnC says this?

CSO say one.

 

[Tiger9119]

Eligibility Criteria
To enjoy the exclusive Priority Banking membership and all
the benefits and privileges that come with it, you need to:
1. maintain a minimum of S$200,000 in deposits and/or
investments; or
2. maintain a minimum of S$1.5 million in housing loans with us

Fees and Charges
Segment Maintenance Fee: Monthly Fee S$50

 

[sgdividends]

Can someone confirm to me that SCB is very strict on the $200k AUM requirement and will charge $50 monthly fee when it falls below it? Some other banks are not so strict.

Thanks.

Not strict at all.

 

[Han Shot First]

Not strict at all.

How do you know it's "Not strict at all."?

If not strict, then what is the minimum amount needed to maintain current Priority Banking client status?

 

[angelicguy]

not sure if this thread is still alive,,just wanna ask if sc will charge annual fee on the infinite visa card if i dont sign or sign as much?

i am not a credit card person and i only have 1 DBS card and i hardly have transactions on that card as well.

im applying for PB acc, if they waive fees all the time then i will just take the card if not then i leave it.

 

[demoforce1]

not sure if this thread is still alive,,just wanna ask if sc will charge annual fee on the infinite visa card if i dont sign or sign as much?

i am not a credit card person and i only have 1 DBS card and i hardly have transactions on that card as well.

im applying for PB acc, if they waive fees all the time then i will just take the card if not then i leave it.

they never charge me even I never use the card