Standchart eSaver

havetheveryfun

havetheveryfun

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V_for_Vanilla said:
Just received this 'By invitation'.

As our valued client, you can enjoy up to 4.20% p.a. interest on your e$aver balances for up to 6 months.

From now till 31‌ July 2‌023, you may earn interest on balances in your eligible e$aver account(s) in the manner set out below.

Simply top up your account with fresh funds^ such that your deposit balance on 31‌ March 2‌023 is at least S$100,000 higher as compared to your deposit balance on 31‌ January 2‌023 to qualify for the promotion.



Prevailing Interest Rate
on Deposit Balance ​
0.05% p.a.​
Bonus Interest Rate on Eligible Incremental
Balance ​
4.15% p.a.​
Click to expand...
wow all the other banks decreasing rates but scb increase
 
hwarzoner

hwarzoner

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V_for_Vanilla said:
Just received this 'By invitation'.

As our valued client, you can enjoy up to 4.20% p.a. interest on your e$aver balances for up to 6 months.

From now till 31‌ July 2‌023, you may earn interest on balances in your eligible e$aver account(s) in the manner set out below.

Simply top up your account with fresh funds^ such that your deposit balance on 31‌ March 2‌023 is at least S$100,000 higher as compared to your deposit balance on 31‌ January 2‌023 to qualify for the promotion.



Prevailing Interest Rate
on Deposit Balance ​
0.05% p.a.​
Bonus Interest Rate on Eligible Incremental
Balance ​
4.15% p.a.​
Click to expand...
What is the cap is it 5 million?
 
sgreview

sgreview

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Hopefully SCB can send invitations to previous batches soon, coz 3.8% not enticing enough for me to move back. 4.2% may be a good start 🤣
 
V

V_for_Vanilla

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hwarzoner said:
What is the cap is it 5 million?
Click to expand...

Yes.

In addition to prevailing interest of 0.05% p.a. ("Prevailing Interest") earned on your entire deposit balance in the Qualifying Account(s), you may earn the relevant bonus interest ("Bonus Interest") at the bonus interest rate of 4.15% p.a. ("Bonus Interest Rate") on the first S$5,000,000 of the average daily balance ("ADB") in your Qualifying Account(s) during the Promotion Period. The Bonus Interest Rate shall apply from 1‌ February 2‌023 to 31‌ July 2‌023 (both dates inclusive). Any amount of ADB exceeding S$5,000,000 shall earn the Prevailing Interest only. Visit the bank's website and search keyword #f23 for full terms and conditions that apply.
 
S

sohguanh

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bargin said:
$100k above to enjoy 4.20% p.a. ?
Click to expand...
Some reader in other forum has shared sometimes not all the monies is reader. It include parents retired monies give him to pool together get more interest. Then the interest like allowance for parents on top of CPF allowance. But what if reader take parents monies don't return how? Hmmm
 
Devilsire

Devilsire

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Ive just received this :s13:

uC9jew0.jpg




Sent from Poco F3 using EDMWER app!
 
Devilsire

Devilsire

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vsvs24 said:
Yours is extension ie already done the 100k topup ?
Click to expand...
i checked my emails, this account was invited for 2.2% till feb23 during 09/22 (criteria is to topup 100k fresh fund).
Midway around Oct-Nov updated to 3.8%.

Just received this sms extending my 3.8% ending Feb23 into 4% end Aug23.
Good also la so i dont have to merry go round for "freshfund".

However i still hope to receive new invite 4.2% for my 2nd esaver :LOL:
probably need to "activate" the invite trigger by moving some funds in
 
V

vsvs24

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Devilsire said:
i checked my emails, this account was invited for 2.2% till feb23 during 09/22 (criteria is to topup 100k fresh fund).
Midway around Oct-Nov updated to 3.8%.

Just received this sms extending my 3.8% ending Feb23 into 4% end Aug23.
Good also la so i dont have to merry go round for "freshfund".

However i still hope to receive new invite 4.2% for my 2nd esaver :LOL:
probably need to "activate" the invite trigger by moving some funds in
Click to expand...
Don't think your second esaver will get separate invite cycle.

I checked with CSO before. If I top up 100k, I become eligible for the invite and it applies to all my esaver accounts - single and the joint account where I am main. This has been verified as both accounts get exclusive bonus interest in mid mth.
 
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