Standchart eSaver

[sohguanh]

dun worry, I never encounter, always spot on with my spreadsheets! Last mth, I discovered a tremendous benefit to earn more I only helping others who have problem, I no problem, only take a few minutes as I always minimise movements!

Are you a retiree? I imagine myself to be that and yeah I would follow the same footstep as you besides playing my toy soldiers and counting dollar notes and coins at home. Such activity keep our brain active actually so we may not fall into dementia earlier IMHO.

 

[vsvs24]

I will share how I will manage OCBC360 if I use it. Treat is a FD account, keep 100k at start, add 500 on first day every mth, collect interest. At end of year, reset to 100k, repeat.

If you dun want lose interest on the 500 every mth x12 mths, then start with 94k so at end of year you have 100k, then reset.

Also need to understand if OCBC have any cutoff time like movements on sundays/public holidays should these fall on the first day.

If salary come in, move out same day. Keep your daily spreadsheet to check just in case you forget anytime, make sure adb is correct

Keep it simple, live more bank less.

Thanks for sharing.

OCBC 360 if fast in on Sun or public holiday will earn int on same day or next working day ?

Bonus interest based on av mthly bal right ? Daily bal add together divide by number of days in the mth.

 

[rubicon]

good news! the app now says "You may see a delay in interest credited blah blah blah"...

 

[royalmix]

Thanks for sharing.

OCBC 360 if fast in on Sun or public holiday will earn int on same day or next working day ?

Bonus interest based on av mthly bal right ? Daily bal add together divide by number of days in the mth.

See OCBC 360 thread for answers

 

[vbhelper]

For esaver, as priority banking customer can get 4% interest rate for 6 months?

 

[havetheveryfun]

For esaver, as priority banking customer can get 4% interest rate for 6 months?

that was before 31st may, now drop already

 

[GrandJedi]

Anyone remember last time when did SCB send out letters to priority customer on the deal that has no above ADB requirement?

 

[vbhelper]

that was before 31st may, now drop already

I signed up esaver before 31 may. How to confirm about the 6 months 4% interest is applicable to me?

 

[limjohnny]

I signed up esaver before 31 may. How to confirm about the 6 months 4% interest is applicable to me?

Do u have an existing e$aver acct or this acct has been closed >12 mths ago? Better check with bank ba.

 

[rubicon]

Anyone remember last time when did SCB send out letters to priority customer on the deal that has no above ADB requirement?

I got it. 4.3% on total balance for six months for esaver. In addition, $9k sign up bonus as new to bank, and 8% on $500k for wealth saver for six months. Also referral fee.

 

[GrandJedi]

I got it. 4.3% on total balance for six months for esaver. In addition, $9k sign up bonus as new to bank, and 8% on $500k for wealth saver for six months. Also referral fee.

you are existing SCB priority customer? when did you receive the letter?

 

[rubicon]

you are existing SCB priority customer? when did you receive the letter?

no, was new relationship. In Mar

 

[zeroX26]

I got it. 4.3% on total balance for six months for esaver. In addition, $9k sign up bonus as new to bank, and 8% on $500k for wealth saver for six months. Also referral fee.

4.3 is priority-private right? Priority is only 4%

 

[GrandJedi]

I forgot to move my fund out on 1st June!!!! lost 1 week of interest!

 

[PC-User]

It depends, if you can get exactly, you have a deeper understanding of how esaver works and use it to your benefit in future

A bit kua zhang ba. Last time even when I was using 360 I also never managed to the extent of using excel. I just kept an ADB of around +500 comparing to previous month throughout the month. Then just calculated and did one time adjustment on the last working day of the month. Never missed.

When people always mock boomers updating their bank passbooks, they themselves use excel to track their bank accounts.

 

[royalmix]

A bit kua zhang ba. Last time even when I was using 360 I also never managed to the extent of using excel. I just kept an ADB of around +500 comparing to previous month throughout the month. Then just calculated and did one time adjustment on the last working day of the month. Never missed.

When people always mock boomers updating their bank passbooks, they themselves use excel to track their bank accounts.

It is a personal choice or preference, just like I will not use OCBC360 as you have to spend time managing and monitoring, all those accounts which need you to jump hooks/loops, I bet you spend more time than me with my automated spreadsheets where my interests are guaranteed, while you have to sweat and keep your fingers crossed!

 

[PC-User]

It is a personal choice or preference, just like I will not use OCBC360 as you have to spend time managing and monitoring, all those accounts which need you to jump hooks/loops, I bet you spend more time than me with my automated spreadsheets where my interests are guaranteed, while you have to sweat and keep your fingers crossed!

My thought is actually since you're excel type of guy, those types of account is better suit you mah. Why use excel already but stick to simpler accounts? Doesn't make sense.

One doesn't need to spend more time with 360. Throughout the month just need to agak agak estimate the ADB+. Month end do a one time calculation with very basic mathematics. You'll get the exact amount to transfer in/out. Optimized. Never miss. Why fingers crossed?? If only I still get salary now I'll sure continue using 360 to get the minimum 4.05%, no sweat.

 

[royalmix]

My thought is actually since you're excel type of guy, those types of account is better suit you mah. Why use excel already but stick to simpler accounts? Doesn't make sense.

One doesn't need to spend more time with 360. Throughout the month just need to agak agak estimate the ADB+. Month end do a one time calculation with very basic mathematics. You'll get the exact amount to transfer in/out. Optimized. Never miss. Why fingers crossed?? If only I still get salary now I'll sure continue using 360 to get the minimum 4.05%, no sweat.

Good for you then. Just read how others are sweating in those accounts!

I also easily more than 4%pa, and use excel for many purposes to my benefit, as and when I like it,

 

[EveMuffins]

I just received invite for 3.5% on ABD from 1 jun to 31 aug. condition is ABD for jun/jul/aug must not be lower than May.

 

[stevenlsf]

I just received invite for 3.5% on ABD from 1 jun to 31 aug. condition is ABD for jun/jul/aug must not be lower than May.

did you receive this from your RM, or SMS or email? Thanks.