Standchart eSaver

[royalmix]

Anybody encountered this - i just put money back with esaver this early morning at around 2am+ for this new promo window.. then this morning 11am check again kenna deduct $5 fall below fee alamak

Yes previously i left it at zero.. but i din expect to transfer my money back in only for them to deduct $5 so fast

Always do your banking during branch banking hours as much as possible. Night time is for the bank system to process whatever they need, so do not disturb the computers or it will disturb you.

 

[chiokcc]

Always do your banking during branch banking hours as much as possible. Night time is for the bank system to process whatever they need, so do not disturb the computers or it will disturb you.

My self imposed cut-off time is never later than 10pm for bank transaction .... just a personal preference ....

 

[Devilsire]

Anybody encountered this - i just put money back with esaver this early morning at around 2am+ for this new promo window.. then this morning 11am check again kenna deduct $5 fall below fee alamak

Yes previously i left it at zero.. but i din expect to transfer my money back in only for them to deduct $5 so fast

lesson learnt.
i deposited in morning 9am+, no deduction

 

[pohw0008]

OCBC 4.65% so fast obsolete liao

Don't have 100k.. so scb should be better for the next two months..

 

[abcde83]

I dun work in a bank, I just know from experience that deposit rates tend to track overnight interbank lending rates closely.

No it does not

 

[d5dude]

No it does not

Yes it does. For sure not all banks are affected equally and the correlation is not 1, but there is high correlation between the 2, MAS Economists have published several papers on this if you dun care to observe it yourself.

 

[havetheveryfun]

Yes it does. For sure not all banks are affected equally and the correlation is not 1, but there is high correlation between the 2, MAS Economists have published several papers on this if you dun care to observe it yourself.

but where can we find a reliable source of current SORA rates ? cant seem to find any latest updated ones online, only like 1-2 months ago

 

[pohw0008]

but where can we find a reliable source of current SORA rates ? cant seem to find any latest updated ones online, only like 1-2 months ago

https://eservices.mas.gov.sg/statistics/dir/DomesticInterestRates.aspx

 

[Jov1623]

The 3.8% only valid for 2 months .. so after that got to think where to put the funds

 

[EveMuffins]

I was on the 2.8% invite on ADB. I just received SMS to say now I qualified for 3.8% on ADB until 31 May 2023.

maybe too many people called to enquire so now they sms.

 

[Devilsire]

I was on the 2.8% invite on ADB. I just received SMS to say now I qualified for 3.8% on ADB until 31 May 2023.
maybe too many people called to enquire so now they sms.

Your qualified e$aver account(s) ending xxxx will now earn 3.80% p.a. interest from 1 Dec'22 to 28 Feb'23 on ADB up to S$5mil with no lock-in period. Visit our bank's website and search keyword #esav-s22 for e$aver Exclusive Bonus Interest (Sep’22) Promo T&Cs that apply. Insured up to S$75K by SDIC.


Sent from Poco F3 using EDMWER app!

 

[maumu]

I received the 3.8% SMS which says it's valid until 30 Jun 2023.

 

[CaptainWu]

Oh! I am on the 2.8% invite as well but so far no sms lei! Hopefully can get this later rather than moving here and there....

 

[DevilPlate]

Oh! I am on the 2.8% invite as well but so far no sms lei! Hopefully can get this later rather than moving here and there....

Maybe they will rollover 3.8% for subsequent months or even higher given current situation.

Anyway they can revised the rates via the invitation anytime they wish too

 

[travbug]

my sms indicated until 31 May 2023 and referred to the Mar 2022 T&Cs. i think i'm on the Mar 2022 batch

https://www.sc.com/sg/terms-and-conditions/esav-m22/
so maybe different pple started with different batches have different end dates?

 

[royalmix]

In the past, they ever extend the promo, so they might do it again after Feb, I hope so! Extend means continue to keep your money there for another 2 mths.

 

[crossfitter]

just received the text:

Your qualified e$aver account(s) ending xxxx will now earn 3.80% p.a. interest from 1 Dec'22 to 31 May'23 on ADB up to S$5mil with no lock-in period. Speak to your RM or visit our bank's website and search keyword #esav-m22 for e$aver Exclusive Bonus Interest (Mar’22) Promo T&Cs that apply. Insured up to S$75K by SDIC.

 

[Ahboy069]

I also received the sms but I deleted it before I see the date….

 

[vsvs24]

Was hoping invite get higher than published rate like before. But it is the same.

Means 20 Jan will not have exclusive bonus interest since the published bonus interest of 3.8% would have been paid on 31 Dec ?

 

[Mickey01]

Was hoping invite get higher than published rate like before. But it is the same.

Means 20 Jan will not have exclusive bonus interest since the published bonus interest of 3.8% would have been paid on 31 Dec ?

In the past promos, those on exclusive invite scheme, the partial bonus int payment end of month + remainder bonus int payment by 20th of the following month remains until end of invite.