Standchart eSaver

Mickey01

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Check your SCB app Inbox. There will be an upgrade in the coming weeks with new features. Min iOS14 and Android 9 for the new app.
 

havetheveryfun

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Can't he at least go and find out what criteria they use so that you can try to meet it to get invited ?
they got no incentive to do so, they rather tell u that buy insurance products can get higher returns to beat inflation
 

hwarzoner

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My normal esaver got cap at 2 million so unfair as those cap at 5 million why don't all the same
 

konan~

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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.​
Were you already on their invitation before this and if yes, when is it expiring? You have large sum in your eSaver?
 

V_for_Vanilla

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Were you already on their invitation before this and if yes, when is it expiring? You have large sum in your eSaver?
I complained before in this thread last year. :s13: I was invited only recently to their 3.8% one. I took that up for a month when I moved funds out from the RHB promo. Otherwise my esaver is always minimal 1k or so. So not sure how their algo works to trigger this latest invitation.
 

a4973

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Hi, may I know how quick can I open an esaver account online? Am SC with singpass. Also based on this thread's collective experience, how soon does a new esaver account get an invitation for the higher interest rate? For context I currently only hold SCB Spree Visa and I am looking for some place to deposit after leaving RHB PP on 1 March. Thanks
 

DevilPlate

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Hi, may I know how quick can I open an esaver account online? Am SC with singpass. Also based on this thread's collective experience, how soon does a new esaver account get an invitation for the higher interest rate? For context I currently only hold SCB Spree Visa and I am looking for some place to deposit after leaving RHB PP on 1 March. Thanks
Nobody in the forum will know the answer hehe

Very likely public ESaver rate is going to be 4 or 4.2% for their April to end May promo period.
 

vsvs24

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I complained before in this thread last year. :s13: I was invited only recently to their 3.8% one. I took that up for a month when I moved funds out from the RHB promo. Otherwise my esaver is always minimal 1k or so. So not sure how their algo works to trigger this latest invitation.
May I know your previous invite cycle was which mth to which mth ?

Is it your previous cycle has ended that's why you get a new invite cycle Mar to Jul 2023 at 4.2% ?

Because others seems to be getting extension at 4% while yours is a new invite cycle.

Can share which mth you funded and how much ?
 

Joseph99

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3.8% is the rate stated on scb website, no need the invitation, right ? Only invitation is 4.2% ?
 

konan~

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3.8% is the rate stated on scb website, no need the invitation, right ? Only invitation is 4.2% ?
Yes, the 3.80% no need invitation but will end 31 Mar 2023.
I think the 4.20% invite is over. It was for period 1 Feb to 31 Jul 2023.
The latest invite is 4.00% for period 1 Mar to 31 Aug 2023.
 
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