SCB bank charges from 1Aug

[askh52]

While trying to clear my bills today, I notice something very important to SCB bank account.
https://www.sc.com/sg/feechanges/

From 1 August 2015, our Pricing Guide will be amended to add new fall-below fees for the following Current/Cheque/Savings Accounts:
e$aver account: SGD0 -> SGD5

In the first place the minimum balance for eSaver is $0, I also do not remember this account offer OD, how to hit the criteria?

Furthermore this is the highlight:
"From 1 August 2015, a monthly service charge will be imposed on the following Current/Cheque/Savings Accounts:"
XtraSaver (SGD) SGD0 -> SGD2
Supersave account SGD0 -> SGD5
Hai... think time to think of jump ship... the debit card so far offer still not bad, but with $2 monthly impose....

 

[MrSinkie95]

wah, so bad liao

 

[doody_]

Lol is SCB trolling? Min balance for esaver is $0, how to charge a fall-below fee?

 

[Perisher]

Lol is SCB trolling? Min balance for esaver is $0, how to charge a fall-below fee?

There will be a new min balance lor.

 

[doody_]

There will be a new min balance lor.

Time to close it then... been leaving it at $1 for months.

 

[Bedokian]

For people using the SCB trading platform, like me, the eSaver account is like a "springboard" to the securities settlement accounts.

 

[w1rbelw1nd]

Seems like no fees for me.

 

[Perisher]

Seems like no fees for me.

You don't use esaver?
Anyway, it's not implemented yet... Starting in August.

 

[naro]

For people using the SCB trading platform, like me, the eSaver account is like a "springboard" to the securities settlement accounts.

yup. though i use the SCB Bonussaver account.

 

[chiokcc]

Is it applicable for new accts only?

 

[w1rbelw1nd]

You don't use esaver?
Anyway, it's not implemented yet... Starting in August.

No average daily balance even in august right?

 

[Asphodeli]

Just sign up for the Dash account, it's a good alternative

Sent from Sony D5833 using GAGT

 

[chiokcc]

How much minimum sum in esaver? I only got $50 inside.

I oni got $0.50

 

[toiregi]

e$aver Account
Min. initial deposit S$0
Min. average daily balance S$0
Fall-below fee S$0
Early account closure fee (within first 6 months) S$0
Counter withdrawal fee S$5

How to charge unless the account is negative balance?

 

[Perisher]

I think the min balance isn't announced yet but not sure.

 

[jujuhippo]

wah sian. why they must have min balance for esaver account

 

[GenerationX]

While trying to clear my bills today, I notice something very important to SCB bank account.
https://www.sc.com/sg/feechanges/

From 1 August 2015, our Pricing Guide will be amended to add new fall-below fees for the following Current/Cheque/Savings Accounts:
e$aver account: SGD0 -> SGD5

In the first place the minimum balance for eSaver is $0, I also do not remember this account offer OD, how to hit the criteria?

Furthermore this is the highlight:
"From 1 August 2015, a monthly service charge will be imposed on the following Current/Cheque/Savings Accounts:"
XtraSaver (SGD) SGD0 -> SGD2
Supersave account SGD0 -> SGD5
Hai... think time to think of jump ship... the debit card so far offer still not bad, but with $2 monthly impose....

as long u got min bal u wont be charge right? lol i just open recently nia lo..

 

[peterpark3r]

Lol is SCB trolling? Min balance for esaver is $0, how to charge a fall-below fee?

i kena below $0 before lor, they posted bonus interest on 30th May instead of 31st May and i did some withdrawals on 31st May, subsequently withdraw all funds on 1st June and was charged a recover of interest on 2nd June (due to my withdrawal on 31st May).

$0 - (recover of interest) = negative

 

[Sinkie]

So the pricing guide is not updated yet? And the $5 cash withdrawal over counter is always there under esaver?

 

[Asphodeli]

So the pricing guide is not updated yet? And the $5 cash withdrawal over counter is always there under esaver?

$5 OTC cash withdrawal fee was always there since it was introduced...