HSBC Step Up Promo - Part 2

[jseyong]

Citi giro deduction is 1 day before due date right? Not sure why not deducted for me

 

[demoforce1]

Citi giro deduction is 1 day before due date right? Not sure why not deducted for me

Citi giro deduction is 1 day before due date right? Not sure why not deducted for me

depends on public holiday/weekend too, usually I add $ three days before the date

 

[jseyong]

depends on public holiday/weekend too, usually I add $ three days before the date

But 15 May due date, and 15 May is not a PH. So deduction should be on 14 May, no?

 

[anxius]

But 15 May due date, and 15 May is not a PH. So deduction should be on 14 May, no?

FYI my Citi CC due date is on 15 May too, and the GIRO was deducted yesterday (13 May).

 

[jseyong]

FYI my Citi CC due date is on 15 May too, and the GIRO was deducted yesterday (13 May).

Thanks. Not sure why this time round is 2 days before due date. Usually is 1 day..

 

[vsvs24]

Thanks. Not sure why this time round is 2 days before due date. Usually is 1 day..

You check your statement. Usually GIRO deduction date should be stated

 

[jseyong]

You check your statement. Usually GIRO deduction date should be stated

Not for citi card I think..

 

[Mickey01]

But 15 May due date, and 15 May is not a PH. So deduction should be on 14 May, no?

This is listed at the top of the Citibank GIRO Setup form ......

"Citibank will debit the payment 3 business days before your statement due date. Kindly ensure that there are sufficient funds in your bank account"

This month the actual GIRO deduction date was probably messed up by the PH on Mon 12 May.

 

[chopra]

Given there’s now a wealth component for HSBC, i dont intend to put bulk of my savings in it anymore.

may i know if it means 1% giro will be affected if i dont hv a wealth component? If it’s not, what’s the min that i need to do to get 1% rebate for giro?

 

[BRYSG7]

Thanks. Not sure why this time round is 2 days before due date. Usually is 1 day..

I'm transferring my money into EGA a day earlier next month, for this reason. I was shocked when the deduction happened a day earlier than usual but luckily funds were available in my EGA account

 

[BRYSG7]

Given there’s now a wealth component for HSBC, i dont intend to put bulk of my savings in it anymore.

may i know if it means 1% giro will be affected if i dont hv a wealth component? If it’s not, what’s the min that i need to do to get 1% rebate for giro?

its a different promo right? 1% giro is just transfer in 2k or 5k and make the 5 eligible transactions

 

[devion]

Verified with RM, wealth component only applicable for the account it was purchased with. So if u bought it from your sole account, does not apply for your joint accts. Need to buy from joint acct. Now considering if need to head down to branch to open investment acct with partner for joint. Quite a hassle.

 

[ykeen]

So where do we view or find these wealth component products and if it’s worth it to buy to qualify for the wealth category ?

 

[sglandscape]

So where do we view or find these wealth component products and if it’s worth it to buy to qualify for the wealth category ?

No one knows for sure right now, which is frustrating

 

[sglandscape]

Verified with RM, wealth component only applicable for the account it was purchased with. So if u bought it from your sole account, does not apply for your joint accts. Need to buy from joint acct. Now considering if need to head down to branch to open investment acct with partner for joint. Quite a hassle.

Did your RM say what qualifies? If buy unit trust can?

 

[sellipad2]

Verified with RM, wealth component only applicable for the account it was purchased with. So if u bought it from your sole account, does not apply for your joint accts. Need to buy from joint acct. Now considering if need to head down to branch to open investment acct with partner for joint. Quite a hassle.

Mine told me the opposite, both single and joint applies LOL

 

[chopra]

its a different promo right? 1% giro is just transfer in 2k or 5k and make the 5 eligible transactions

Ok tks

 

[yiron]

Verified with RM, wealth component only applicable for the account it was purchased with. So if u bought it from your sole account, does not apply for your joint accts. Need to buy from joint acct. Now considering if need to head down to branch to open investment acct with partner for joint. Quite a hassle.

As in your sole investment account (which is a separate account from your EGA accounts) would only qualify u as a customer with wealth holdings for your sole EGA account and not your joint EGA accounts? Need to open joint investment accounts to qualify the respective joint EGA accounts?

That's really counterintuitive given that the T&C wording goes by 'customer with wealth holdings' so I thought anyone with holdings in his sole investment account would qualify all EGA accounts (single and joint) under him.

Did your RM give B&W on this treatment?

 

[sglandscape]

As in your sole investment account (which is a separate account from your EGA accounts) would only qualify u as a customer with wealth holdings for your sole EGA account and not your joint EGA accounts? Need to open joint investment accounts to qualify the respective joint EGA accounts?

That's really counterintuitive given that the T&C wording goes by 'customer with wealth holdings' so I thought anyone with holdings in his sole investment account would qualify all EGA accounts (single and joint) under him.

Did your RM give B&W on this treatment?

Think the way you interpret the tnc is likely to be correct.

 

[zumaba]

This is listed at the top of the Citibank GIRO Setup form ......

"Citibank will debit the payment 3 business days before your statement due date. Kindly ensure that there are sufficient funds in your bank account"

This month the actual GIRO deduction date was probably messed up by the PH on Mon 12 May.

Does Citibank ibanking provide eGIRO setup for credit card payment?

I noticed there is Flexi Giro setup there and dun know if it is same as eGIRO, Tried but it is not working.