I confirmed with the CSO as well.
My 5.8% has 28 days to go according to the promo. I plan to top up $10k around the 21-22 day mark to enjoy $50k at 6.8% for 20 days, in addition to the current promo earning 5.8%.
Just clarified with them on a long chat.
1. Your EXISTING investment will get 5.8% until its end date (let's call it 1st Tranche).
2. Your FRESH FUND (as FRESH as it can) will get 6.8%, can start now (let's call it 2nd Tranche)
Assume you have
- existing 5.8% promo 80k (1st Tranche) ends date 02 Mar
- top up new fund 10k (2nd Tranche) on 26 Feb, will have end date 20 days late (e.g 18 Mar)
In order to get 6.8% on 10k, you must keep the 1st Tranche + 2nd Tranche, until the end date of 2nd Tranche.
1. 80 k will get 5.8% until 02 Mar
2. 80 k will get 3.5% from 03 Mar until 18 Mar (assume Market Rate is 3.5%)
3. 10k (FRESH FUND) will get 6.8% from 26 Feb till 18 Mar, provided you don't withdraw 1st tranche.
Apparently, no double dipping. Your EIR might not be 6.8% due to Market rate applied for non FRESH FUND