Standchart eSaver

[doody_]

Anyone tried to open esaver ac online today?
When i select open new esaver ac it tries to open some usd ac.

Did you click the correct link? I opened my second one yesterday in less than 3 mins.

 

[pjs]

Yes. Tried many times.

 

[vince123123]

Can I Just check, this whole 2 accounts thing is to get the 1.7% incremental balance correct?

 

[edens_guards]

Yes. Tried many times.

Can u post screenshots of your error message/usd account?

 

[doody_]

Yes. Tried many times.

Alamak, click click also cannot... then no bonus interest for you

 

[jovialger]

Anyone tried to open esaver ac online today?
When i select open new esaver ac it tries to open some usd ac.

Just opened mine yesterday morning online and account is opened immediately. Already transferred in the funds

 

[henrylbh]

For esaver any charges for depositing cash over the counter? Thanks.

 

[tmkedmw]

For esaver any charges for depositing cash over the counter? Thanks.

Free for 300 pcs, so max $300k.
You might want to check out their bulk cash deposit for confirmation.

 

[greythorne]

So let's say I have $50k, can deposit and earn the 1.65% interest right? I can deposit every month also right?

This is FD right or purely a savings account?

This period is only for depositing funds or after this period we can no more deposit and funds?

 

[IamBeeP]

So let's say I have $50k, can deposit and earn the 1.65% interest right? I can deposit every month also right?

This is FD right or purely a savings account?

This period is only for depositing funds or after this period we can no more deposit and funds?

It's a saving. You need reshuffle your funds to 'continue' getting the interest. Some reshuffle every month. Some, every 2 months. Because 'this' interest is based on incremental balance.

 

[Singleton]

Can I Just check, this whole 2 accounts thing is to get the 1.7% incremental balance correct?

elite spotted...got at least 200k cash..jin jelly...

 

[zoossh]

https://www.sc.com/sg/save/saving-esaver.html

wow scb up rates while all e other banks are decreasing

mai tu liao

But hsbc still higher. Thinking of getting 2nd account. Hope can last me sep oct nov

 

[greythorne]

It's a saving. You need reshuffle your funds to 'continue' getting the interest. Some reshuffle every month. Some, every 2 months. Because 'this' interest is based on incremental balance.

So how does this reshuffle works? Can show with an example.

Thank you.

 

[watsum]

But hsbc still higher. Thinking of getting 2nd account. Hope can last me sep oct nov

There's a limit?

1 Subject to a maximum Additional Bonus Interest payable on the first S$100,000 in Top-up Amount(s) across all 3 Relevant Months.

http://www.hsbc.com.sg/1/2/hsbcpremier/welcome-rewards/preferential-rates

 

[Trazora]

There's a limit?

1 Subject to a maximum Additional Bonus Interest payable on the first S$100,000 in Top-up Amount(s) across all 3 Relevant Months.

http://www.hsbc.com.sg/1/2/hsbcpremier/welcome-rewards/preferential-rates

You already found the answer right?

 

[watsum]

So, open multiple accounts to exploit the limit?

 

[Trazora]

So, open multiple accounts to exploit the limit?

No. http://www.hsbc.com.sg/1/PA_ES_Cont...nc_new_premier_and_advance_step_up_july16.pdf

For each Relevant Month, each Eligible Customer may not enjoy the Additional Bonus Interest (0.7% on max $100k, for spending min $500 spend on debit card) more than once in respect of each Eligible Account held by such Eligible Customer.

Still get 1.75% or 1.8% up to $1.2M

 

[arctician]

But hsbc still higher. Thinking of getting 2nd account. Hope can last me sep oct nov

ya right way will be to park till sep, then use hsbc for sep oct and nov

There's a limit?

1 Subject to a maximum Additional Bonus Interest payable on the first S$100,000 in Top-up Amount(s) across all 3 Relevant Months.

http://www.hsbc.com.sg/1/2/hsbcpremier/welcome-rewards/preferential-rates

limit apply to bonus 0.7% interest, but full sum still get 1.8% PA as base which is highest across all e banks

 

[zoossh]

There's a limit?

1 Subject to a maximum Additional Bonus Interest payable on the first S$100,000 in Top-up Amount(s) across all 3 Relevant Months.

http://www.hsbc.com.sg/1/2/hsbcpremier/welcome-rewards/preferential-rates

a bit complicated in actual situations, with 3 rates applied across different period and given out different times.

1. prevailing: <0.1% in tiers. the more u put, the nearer to 0.1

2. step up: 1.8% on total balance

3. card spend: 0.7% on 100k (spend 500)

4. gifts etc (but didnt use to calculate the below)

potentially, if 100k, u can hit 2.6%
but u need 200k to be premier customer, 1.8+(0.7/2)=2.15
i'm getting average 1.95 - 2%, so that is better than esaver 1.7
rest i put in uob1 (2.43) and ocbc 360 (2.25 average)

 

[zoossh]

No. http://www.hsbc.com.sg/1/PA_ES_Cont...nc_new_premier_and_advance_step_up_july16.pdf

For each Relevant Month, each Eligible Customer may not enjoy the Additional Bonus Interest (0.7% on max $100k, for spending min $500 spend on debit card) more than once in respect of each Eligible Account held by such Eligible Customer.

Still get 1.75% or 1.8% up to $1.2M

not sure if can joint account, with the other person being the eligible customer, while i had login access as joint.