Standchart eSaver

[happy_bear]

Quick clarification with experts here , for the jan incremental balance interest bonus promo (3.8%), if suppose i credited my balance from 1 Feb ( jan average balance is $0), do I still continue to enjoy bonus interest 3.8% for month of mar?

 

[lzydata]

Quick clarification with experts here , for the jan incremental balance interest bonus promo (3.8%), if suppose i credited my balance from 1 Feb ( jan average balance is $0), do I still continue to enjoy bonus interest 3.8% for month of mar?

Yes, you will still earn the bonus interest until 31 March if the incremental balance is there.

 

[limjohnny]

Quick clarification with experts here , for the jan incremental balance interest bonus promo (3.8%), if suppose i credited my balance from 1 Feb ( jan average balance is $0), do I still continue to enjoy bonus interest 3.8% for month of mar?

Need to maintain 1K to avoid fall below fee right?

 

[Squaredot]

I nvr activate also kena charged & deducted from my UOB one acct. I hardly use this acct & signed up coz of the cash promo few years ago. It was free for 1st few years if I can remember but I did not monitor it. Then one fine day, I logged in & saw there was a deduction for the debit card renewal. I checked past records & realized there was also a deduction the year before. Immediately called up for fee waiver & cancelled the card. Told them I did not activate at all how come still charged but did not get satisfactorily answer, mentioned something like once sent consider active. Tried to ask for refund for the previous year but no sound no picture.

were your debit card fees refunded?

 

[happy_bear]

Thanks , noted the bonus interest will still be effective . Yup for Jan , I maintained $1000 min balance ( not $0 - typo)

 

[wutawa]

Need to maintain 1K to avoid fall below fee right?

$0 will not incur fall below fee. Priority member will also get waiver

 

[limjohnny]

were your debit card fees refunded?

Refunded for the latest, but not for the previous year. Latest one by right will be refunded coz it is for the coming new renewal. Luckily I discovered it early.

 

[limjohnny]

$0 will not incur fall below fee. Priority member will also get waiver

I rather play safe coz I still have other accounts with them. They might suka suka deduct from the other accounts or when u joined back the promo & back charged.

 

[Squaredot]

Refunded for the latest, but not for the previous year. Latest one by right will be refunded coz it is for the coming new renewal. Luckily I discovered it early.

yesterday my wife saw a debit card $5 annual fee in her posb savings account posted last week. Have to speak CSO for debit card waiver.
CSO told her can waive this time, next year no more waiver. Wife decide to cancel the card to save trouble

 

[sohguanh]

yesterday my wife saw a debit card $5 annual fee in her posb savings account posted last week. Have to speak CSO for debit card waiver.
CSO told her can waive this time, next year no more waiver. Wife decide to cancel the card to save trouble

They got share need spend how much then can get waiver for debit card? I actually wanted ATM but now it seems they bundle the ATM together with debit card. Pure ATM card still have think need request explicitly.

 

[konan~]

yesterday my wife saw a debit card $5 annual fee in her posb savings account posted last week. Have to speak CSO for debit card waiver.
CSO told her can waive this time, next year no more waiver. Wife decide to cancel the card to save trouble

I have been holding a POSB Passion Mastercard debit card for a long time and which I only use as an ATM card to withdraw money. I accidentally used it twice for payment mistaking it for my other credit card. Didn't notice any annual fee being deducted so far.

 

[Squaredot]

They got share need spend how much then can get waiver for debit card? I actually wanted ATM but now it seems they bundle the ATM together with debit card. Pure ATM card still have think need request explicitly.

my wife got ask about spending to get waiver but CSO says will still be $5 Not sure if the bank still issue a plain atm card like good old days. I notice my mum is issued a POSB debit card to replace her old atm card. She is 80+

I have been holding a POSB Passion Mastercard debit card for a long time and which I only use as an ATM card to withdraw money. I accidentally used it twice for payment mistaking it for my other credit card. Didn't notice any annual fee being deducted so far.

I think some dbs/posb debit cards are FOC. I have several dbs/posb debit cards: one dbs debit card (black), one passion card (black) and one POSB debit card (blue). Think so far no $5 fee (unless I overlook).

My wife has a Takashimaya debit card, this is the card she kena $5 fee. Last March she also asked for fee waiver. This March she was told this is the last time getting fee waiver, next year cannot waive wor, said bank will still charge $5 if she cancels card next March. What nonsense! Anyway wife just tell CSO to proceed to cancel card, save breathe, save trouble.

 

[Squaredot]

Need to maintain 1K to avoid fall below fee right?

No need to maintain for priority customers.
Years ago SCB auto upgrade me to Priority though I don't have much in my esaver I think now they still have this practice.

 

[Squaredot]

Can ask for pure ATM card without the debit card function.

I did that after they charge for debit card that works as ATM card. It is free for 3 years. Thereafter, need to spend 12 transactions per year or get charged annual fee.

Charge 12*1c on shopee

 

[vsvs24]

Charge 12*1c on shopee

If really no need just change. Otherwise may forget next year.

My case was I maintained $1000 min bal. The debit card charge made it go below $1000 and I was charged fall below fee also. Had to ask to reverse both debit card annual fee and fall below fee.

 

[maumu]

has anyone received Feb's "exclusive bonus interest" yet?

 

[hwarzoner]

for normal esaver
feb and mar promo - earn interest for incremental fresh funds* (compared to January 2023 average daily balance)
Apr and May promo- earn interest for incremental fresh funds* (compared to Mar 2023 average daily balance)
Jun and Jul promo - earn interest for incremental fresh funds* (compared to May 2023 average daily balance)
Aug and Sep promo - earn interest for incremental fresh funds* (compared to July 2023 average daily balance)
And so on, assuming no change.

to earn bonus interest, It will always compare the previous month ADB of the start of the promotion month, even if u put money during anytime of the promo 2 month period.

For normal esaver promo, the interest is credited on 1st of next month.

 

[maumu]

for normal esaver
feb and mar promo - earn interest for incremental fresh funds* (compared to January 2023 average daily balance)
Apr and May promo- earn interest for incremental fresh funds* (compared to Mar 2023 average daily balance)
Jun and Jul promo - earn interest for incremental fresh funds* (compared to May 2023 average daily balance)
Aug and Sep promo - earn interest for incremental fresh funds* (compared to July 2023 average daily balance)
And so on, assuming no change.

to earn bonus interest, It will always compare the previous month ADB of the start of the promotion month, even if u put money during anytime of the promo 2 month period.

not sure if you're responding to my post but just to clarify, some of us have the special invite which does not need to compare with preceding month's ADB. It's based on the entire balance in the account.

 

[hwarzoner]

not sure if you're responding to my post but just to clarify, some of us have the special invite which does not need to compare with preceding month's ADB. It's based on the entire balance in the account.

No, my is just for those who are on normal esaver promo. Yeah there is another special invitation promo for some.

 

[Hulky8]

No, my is just for those who are on normal esaver promo. Yeah there is another special invitation promo for some.

For those esaver acct who earn bonus interest based on excess of certain month end bal,
SCB is actually asking you to bring yr cash somewhere else cause yr entire prior month end bal would ve only earnEd 0.05% …nobody would keep it there when other banks are paying at least 3 odd %
Other invites have bonus interest based on yr entire bal up to X amt these are acct holders SCB wants to retain…..so take a look at yr type n determine yr status there