Standchart eSaver

yuppieboy

Senior Member
Joined
Jan 6, 2007
Messages
571
Reaction score
210
I got the invite for 2.8% too. I managed to recompute my interest, so I think this is how it is calculated

The oct bonus interest relates to the current 1.95% interest on incremental bonus applicable to all. You need to calculate the (Oct ADB minus Sep ADB) x 1.95%. ADB calculated as the summation of daily balance in the mth divide by 30 or 31.

I don't think the 2.8% for oct ADB is credited yet.
For the 2.8%pa promo for oct all the way till end May 2023, there are no mention and no requirements of any incremental funds. Every dollar you have in Esaver is entitled to the 2.8%pa.
 

PC-User

Master Member
Joined
Dec 1, 2007
Messages
4,698
Reaction score
1,252
I kept like 100k in Aug/Sep. Why no invite? No 200k see no up is it? :o

Or maybe will invite for Dec one??
 

Mickey01

Senior Member
Joined
Mar 5, 2017
Messages
1,565
Reaction score
661
even the eSaver by invite 2.8% looks quite unattractive now. Guess have to wait for current public promo to end and SCB to launch new promo from Dec 2022 :oops:
 

saintgtril

Great Supremacy Member
Joined
Sep 30, 2004
Messages
54,230
Reaction score
67
Hi all, today i receive the 2.8% invitation. I move from SCB to RHB on the 2/11/2022. Lol.
 

DevilPlate

Arch-Supremacy Member
Joined
Nov 22, 2020
Messages
12,250
Reaction score
5,165
I thought it is still attractive considering there is no condition other than min fresh fund of $100k by 30 Nov 2022.

However I have a question. If I withdraw some money out in Dec and ADB will be lower than Nov, will I still get the bonus interest?
 

guzzler3

Member
Joined
Jul 22, 2004
Messages
141
Reaction score
28
I thought it is still attractive considering there is no condition other than min fresh fund of $100k by 30 Nov 2022.

However I have a question. If I withdraw some money out in Dec and ADB will be lower than Nov, will I still get the bonus interest?
UOB already 3.4-3.9% for 12 months. How is 2.8% attractive?
 

jywy2005

Supremacy Member
Joined
Mar 22, 2013
Messages
5,790
Reaction score
2,715
UOB already 3.4-3.9% for 12 months. How is 2.8% attractive?
I believe this 2.8% is for the Esaver account, which is a high yield savings account. Not FD deposit.
I thought it is still attractive considering there is no condition other than min fresh fund of $100k by 30 Nov 2022.

However I have a question. If I withdraw some money out in Dec and ADB will be lower than Nov, will I still get the bonus interest?
But min fresh funds is $100k😨.
I rather place 3 months FD at 3% min $25K to avoid long term lock-in. But this is for priority customer.
 

CaptainWu

Senior Member
Joined
May 18, 2019
Messages
1,182
Reaction score
232
Hi, anyone know if we can terminate the Standard Chartered Time Deposit online?
I asked my RM before and they should be able to do this online with a form or call log if you have RM attached, otherwise probably have to go to the branch. I did not take action though and I decided to just let the FD expired.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top