How does SCB esaver extra interest promo work?

[frustrateddude]

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

if u can put in 20k,u got a chance at the million dollar draw!
(but CIMB is getting 88888 account before it carries out the draw- presently the quota is at 38617 at the moment)

 

[wts2013]

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

There is promo now for referral, if u deposit $250k and keep your account for 6mths, the referor can get $150 shopping vouchers. We can share the vouchers, haha. Not sure any promo for mass account, last time was $30 shopping vouchers. Just mention my name and we can share the vouchers lor, haha.

(Vote my Mother's Day Photo at C3A Facebook by SK Tan & Get a chance to win 4 River Safari Tickets. Last day of voting is Jun 9. Like C3A Facebook, then click my photo, then vote. Thank you.)

 

[bigfoot]

There is promo now for referral, if u deposit $250k and keep your account for 6mths, the referor can get $150 shopping vouchers. We can share the vouchers, haha. Not sure any promo for mass account, last time was $30 shopping vouchers. Just mention my name and we can share the vouchers lor, haha.

(Vote my Mother's Day Photo at C3A Facebook by SK Tan & Get a chance to win 4 River Safari Tickets. Last day of voting is Jun 9. Like C3A Facebook, then click my photo, then vote. Thank you.)

Sounds good but unfortunately I don't have that much money.

 

[frustrateddude]

Just received sms from SCB on a July-Aug Promo, max to 1.05%

-SCB website not updated yet on this promo tho

 

[bigfoot]

Just received sms from SCB on a July-Aug Promo, max to 1.05%

-SCB website not updated yet on this promo tho

Wow. Good news. Thanks for update. How come they didn't send me???

 

[wts2013]

Wow. Good news. Thanks for update. How come they didn't send me???

sent to PB only? Just received msg, shld see advert Monday July 1, going to transfer on Monday.

 

[teryho]

Can I transfer $$ from my own Bonus Saver Acc to Esaver Acc and qualify this Promo?

 

[frustrateddude]

sent to PB only? Just received msg, shld see advert Monday July 1, going to transfer on Monday.

I am not a "PB"ee!

 

[teryho]

I am not PB either. But the SMS heading is " Dear PB Banking Customer ...."

 

[bigfoot]

Ok, just received the SMS from them as well. Getting ready to transfer.

 

[dreamer75]

Ok, just received the SMS from them as well. Getting ready to transfer.

Step up interest as well?

 

[frustrateddude]

I am guessing
0.9%/0.95%/1.05%

and yes, fresh funds is required (#35 seems to suggest otherwise)

 

[bigfoot]

Step up interest as well?

Yes, something like that.

 

[bigfoot]

I am guessing
0.9%/0.95%/1.05%

and yes, fresh funds is required (#35 seems to suggest otherwise)

What do u mean 0.9%/0.95%/1.05%?
I tot I just transfer all my money in on 1 July. Those will be considered incremental amount right? Then interest will be given based on those incremental amount on top of the usual interest. By the way, it's valid for 1 July - 31 August only. 2 months only right?

 

[wts2013]

Can I transfer $$ from my own Bonus Saver Acc to Esaver Acc and qualify this Promo?

scb = super confusing bank, used "fresh funds" all over but got different meaning depending on the account type. Eg Bonusaver, fresh funds refers to funds not coming from scb. For esaver, fresh funds refers to funds not coming from esaver account, ie so long the incremental balance compared to June is higher, it will earn the bonus interest rate.

Bonus interest rate is usually tiered, ie incremental balance below $50k, 50k-200k, 200k above. 1.05% is likely based on 200k above.

Above had been the T&C, read carefully come July 1 for any changes if any, haha

 

[bigfoot]

Like that then maybe I will just keep inside my CIMB for 0,8%. Don't think I can hit above 200k to make it worthwhile.

 

[excalibur324]

I am guessing
0.9%/0.95%/1.05%

and yes, fresh funds is required (#35 seems to suggest otherwise)

was thinking the same percentages as you.

fresh funds for this promo can come from bonus saver which i always do.

 

[dreamer75]

scb = super confusing bank, used "fresh funds" all over but got different meaning depending on the account type. Eg Bonusaver, fresh funds refers to funds not coming from scb. For esaver, fresh funds refers to funds not coming from esaver account, ie so long the incremental balance compared to June is higher, it will earn the bonus interest rate.

Bonus interest rate is usually tiered, ie incremental balance below $50k, 50k-200k, 200k above. 1.05% is likely based on 200k above.

Above had been the T&C, read carefully come July 1 for any changes if any, haha

so confusing....lol
juz update come 1 jult...

 

[bigfoot]

The details are not updated at their website yet. Anyone has more details with regards to the tier? I assume everything is as per previous offer. Will start transferring tonight.