How does SCB esaver extra interest promo work?

[monoblue]

Just receive sms on new promo from 1st March - 30 April. (Compared to Feb 2013)

Standard Chartered Bank Singapore

T&C
Standard Chartered Bank Singapore

 

[monoblue]

the rates get lower and lower

 

[excalibur324]

wah. the bonus rate drop from 1% to 0.85%

 

[bigfoot]

wah. the bonus rate drop from 1% to 0.85%

Like that still worth it or not? How come I didn't receive such SMS?

 

[monoblue]

almost the same as CIMB star saver (saving) account 0.8%

I going to open new e$saver account, transfer the money to this account, after 30 april transfer it back to my CIMB savings then put it there until e$saver have better account

 

[bigfoot]

almost the same as CIMB star saver (saving) account 0.8%

I going to open new e$saver account, transfer the money to this account, after 30 april transfer it back to my CIMB savings then put it there until e$saver have better account

Same here. No longer attractive to me.

 

[o0KelviN0o]

any bonus interested credited this month (for Feb deposits)?

 

[excalibur324]

Like that still worth it or not? How come I didn't receive such SMS?

depends on how u value it lor.

i have cimb and esaver account.. transferring between them depending on who gives higher rate. some months esaver only gives prevailing interest rate, no bonus rate

 

[frustrateddude]

any bonus interested credited this month (for Feb deposits)?

There is no promotion for Feb13- so no bonus interest. There is March/April promotion now on - compared against adb of Feb13.

 

[mastermember]

Is this esaver account still worth keeping? I have 2 of them! Thinking of closing both.

Now I am using the BonusSaver.

Any comments?

 

[bigfoot]

Is this promo still on?

 

[haydentan]

Dun think the promo will b back. This is the 2nd month that there is no news on the special interest. I only earned $7 from esaver last mth. So pathetic without the promo

 

[bigfoot]

Thanks. Guess I'll start looking for alternatives now. Going to close my scb account one by one.

 

[wts2013]

There is no cost in maintaining the 2 esaver accounts. I keep these accounts with zero balance, money with CIMB, so can max the interest when there is promo, haha

(Vote my Mother's Day Photo at C3a Facebook (by SK Tan) and get a chance to win 4 River Safari tickets. Last day of voting is Jun 9. Thanks.)

 

[bigfoot]

May I know which CIMB account is that?

 

[frustrateddude]

There is no cost in maintaining the 2 esaver accounts. I keep these accounts with zero balance, money with CIMB, so can max the interest when there is promo, haha

(Vote my Mother's Day Photo at C3a Facebook (by SK Tan) and get a chance to win 4 River Safari tickets. Last day of voting is Jun 9. Thanks.)

warning:
Note: If account is in S$0 balance for 6 consecutive months, it will be closed automatically

 

[wts2013]

Thanks for the reminder, then I keep $1 there lor.

CIMB pays the highest savings account interest of 0.8% p.a. Minimum balance is $1000, need to topup every mth with $100 to get 0.8% interest mthly. If u deposit 2200, then no need to do anything for 1 year, u can continue to earn 0.8% interest. The bank will help u spread the money to topup $100 each mth but the whole balance will earn 0.8% interest. Goto CIMB website to find out more.


(Vote my Mother's Day Photo at C3a Facebook (by SK Tan) and get a chance to win 4 River Safari tickets. Last day of voting is Jun 9. Thanks.)

 

[frustrateddude]

Thanks for the reminder, then I keep $1 there lor.

CIMB pays the highest savings account interest of 0.8% p.a. Minimum balance is $1000, need to topup every mth with $100 to get 0.8% interest mthly. If u deposit 2200, then no need to do anything for 1 year, u can continue to earn 0.8% interest. The bank will help u spread the money to topup $100 each mth but the whole balance will earn 0.8% interest. Goto CIMB website to find out more.


(Vote my Mother's Day Photo at C3a Facebook (by SK Tan) and get a chance to win 4 River Safari tickets. Last day of voting is Jun 9. Thanks.)

What u hv is
CIMB StarSaver (Savings) Account
There is another for current account (free cheque book) but min is 5k , w incremental top up of $500 monthly.

 

[wts2013]

Yes, i closed my current account, then opened the savings one instead so I need to maintain smaller amt of money to continue to qualify for 0.8%, and can transfer the max balance to esaver to earn higher interest when promo is on, hehe, best of both worlds.


(Vote my Mother's Day Photo at C3a Facebook (by SK Tan) and get a chance to win 4 River Safari tickets. Last day of voting is Jun 9. Thanks.)

 

[bigfoot]

Yes, i closed my current account, then opened the savings one instead so I need to maintain smaller amt of money to continue to qualify for 0.8%, and can transfer the max balance to esaver to earn higher interest when promo is on, hehe, best of both worlds.


(Vote my Mother's Day Photo at C3a Facebook (by SK Tan) and get a chance to win 4 River Safari tickets. Last day of voting is Jun 9. Thanks.)

So in conclusion, I can withdraw this amount anytime I need the money? I will apply now. 0.8% is good.