HSBC Step Up Promo - Part 2

[BlackTortoise]

Every month keeps changing sian man, so difficult to track. So now instead of FAST 5x i assume we all need FAST 7x without wealth holdings to be 'transactionally engaged'..so many pattern

Huh? I did 5 fast out on 1 June 2025. So I need to do 2 more fast out today to earn 1% giro cash rebate?

 

[ckman3]

Every month keeps changing sian man, so difficult to track. So now instead of FAST 5x i assume we all need FAST 7x without wealth holdings to be 'transactionally engaged'..so many pattern

I believe the 7x transactions are for the Bonus Int promo only. The Everyday+ Rewards TnC dated 31 Mar 2025 still indicated 5x transactions. Separate requirements though one would want to qualify for both with 7x transactions.

Extract from TnC for Everyday+ Rewards dated 31 Mar 2025
"for HSBC Personal Banking customers: (I) (II) Deposit an aggregate amount of at least S$2,000 into an Eligible Account in a given calendar month via salary crediting and/or inward transfers from a nonHSBC bank account; and Perform a minimum of 5 Eligible Transactions (as defined below) in the same calendar month. No minimum spend is required for these transactions."

 

[maumu]

Huh? I did 5 fast out on 1 June 2025. So I need to do 2 more fast out today to earn 1% giro cash rebate?

there's no change to the 1% giro rebate for everyday+...

the 7 x FAST is for the extra 0.2% bonus interest (2.15% vs 1.95%)

 

[BlackTortoise]

there's no change to the 1% giro rebate for everyday+...

the 7 x FAST is for the extra 0.2% bonus interest (2.15% vs 1.95%)

Ok thanks bro then don’t affect me since I pumped out full tank over to SCB esaver Liao. Huat ahh

 

[tiertime]

Today suppose to get the 1% bonus interest for Everyday plus ?

 

[maumu]

Today suppose to get the 1% bonus interest for Everyday plus ?

yes! will wait for it...

 

[kaya123]

anyone opened investment account with hsbc? I tried to open both online and through app but the system says I need to go to their branch to open and someone from their bank called me to meet up and sign forms in person.

 

[Nanonited]

yes! will wait for it...

Still not credited… weird

 

[Nanonited]

Today suppose to get the 1% bonus interest for Everyday plus ?

Did you get it yet?

 

[tiertime]

Did you get it yet?

Not yet
- as of 7.22pm

Update :
Received as of 8.35pm

 

[Mickey01]

credited ............... 8.13pm

 

[BlackTortoise]

credited ............... 8.13pm

Knn only get $3.65. Pui.

 

[koolkool]

anyone opened investment account with hsbc? I tried to open both online and through app but the system says I need to go to their branch to open and someone from their bank called me to meet up and sign forms in person.

Hi. I opened investment via app yesterday night. No issue.

 

[BRYSG7]

Today suppose to get the 1% bonus interest for Everyday plus ?

this is for May?

 

[Mickey01]

Knn only get $3.65. Pui.

how much are you expecting?

 

[Mickey01]

this is for May?

yes .... May incremental ADB over Apr ADB

 

[BlackTortoise]

how much are you expecting?

I thought few hundred. Last month got $9.56. April got $200++.

 

[ThreeSteps]

I thought few hundred. Last month got $9.56. April got $200++.

Is your 1% Everyday+ Rewards bonus interest as follow:
$200++ credited on 05Apr, $9.56 credited on 05May, $3.65 credited on 05June ?
Just making a guess since there is no other info provided by you.
Perhaps you should have rotated the funds out on 01April to another bank so that April ADB become 0 or very low, then bring back the funds on 01May.

The ADB for each month must follow a pattern of Low-High-Low-High-Low-High……… because the 1% bonus interest is calculated based on incremental ADB over the previous month ADB

 

[BlackTortoise]

Is your 1% Everyday+ Rewards bonus interest as follow:
$200++ credited on 05Apr, $9.56 credited on 05May, $3.65 credited on 05June ?
Just making a guess since there is no other info provided by you.
Perhaps you should have rotated the funds out on 01April to another bank so that April ADB become 0 or very low, then bring back the funds on 01May.

The ADB for each month must follow a pattern of Low-High-Low-High-Low-High……… because the 1% bonus interest is calculated based on incremental ADB over the previous month ADB

Correct bro. Thought in March to may campaign cannot withdraw fund otherwise cannot get the 2.9% by July.

 

[heng_ah]

Correct bro. Thought in March to may campaign cannot withdraw fund otherwise cannot get the 2.9% by July.

Don't give them such idea leh LOL
With EGA, it's important to move around your money every beginning of the month to maximize return.

Apr - deposit
May - withdraw all (musical chair with other bank)
Jun - deposit