Standchart eSaver

[demoforce1]

Quite strict now, need to provide proof of transfer and source of funds of the other party

FAST transfer should be transparent to banks, correct?

 

[havetheveryfun]

time really flies another 2 months gone, interest coming soon, not sure about the new rate.

2+ more months NDP liao

Time to find a wife?

 

[Sausage]

dont need fresh funds as per their tncs but still need "fresh funds"

anyway 2 more days to new cycle..

Wart does dis mean

Sent from Xiaomi MI MAX 3 using GAGT

 

[beautyseek]

Can i transfer from esaver 1 to esaver 2 directly and still get 2% without transferring to another bank? Anybody did it and still get the bonus interests?

I asked the same questn and branch staff said it is ok as system does not track. But tncs say must be fresh funds so doing this is at your own risk

 

[havetheveryfun]

Wart does dis mean

Sent from Xiaomi MI MAX 3 using GAGT

according to their terms, fresh funds refer to

“Fresh funds” means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period.

so that means that any funds from any accounts within SC won't be counted, so the eSaver1 to eSaver2 shouldn't work.

but the eSaver1 to eSaver2 works, so the "fresh funds" is not per as their TnCs. but "fresh funds" is still needed, if not just one eSaver account would be enough.

 

[Sausage]

All my savings are in esaver now
So when they say this interest promo is extended till may 2020, all my existing funds in esaver don't qualify at all? Then it is useless to me

In the t&c they didn't give a reference month to compare the daily balance against

Sent from Xiaomi MI MAX 3 using GAGT

 

[Alwaysb]

First time got the invitation too. But 1.8% worth taking up? Lower than their current 2% esaver.

Any advice?

 

[tmkedmw]

First time got the invitation too. But 1.8% worth taking up? Lower than their current 2% esaver.

Any advice?

1.8% or higher.

Eg if 1jun scb esaver offer 2.1%, then u get 2.1% for the 2 mths, jun-jul. If esaver is 1.9%, u get 1.9%. but if esaver offers 1.7% on 1jun, u will still get 1.8%.

 

[Alwaysb]

Oh... ok. Thank you

1.8% or higher.

Eg if 1jun scb esaver offer 2.1%, then u get 2.1% for the 2 mths, jun-jul. If esaver is 1.9%, u get 1.9%. but if esaver offers 1.7% on 1jun, u will still get 1.8%.

 

[mdax23]

First time got the invitation too. But 1.8% worth taking up? Lower than their current 2% esaver.

Any advice?

This time they never mentioned incremental

 

[Sausage]

i just got a physical letter. they said all we need to do is maintain the current balance. So that means no need for fresh funds I think.

 

[Squaredot]

First time got the invitation too. But 1.8% worth taking up? Lower than their current 2% esaver.

Any advice?

Adding to tmk’s advice, it saves the trouble of moving funds for similar rates. Suits lazy people like me
And u got a better offer at 1.8%. Mine is at 1.75% from May 2019 to May 2020.

 

[Squaredot]

i just got a physical letter. they said all we need to do is maintain the current balance. So that means no need for fresh funds I think.

Extension?
No need fresh funds, no need to do anything

 

[tmkedmw]

Adding to tmk’s advice, it saves the trouble of moving funds for similar rates. Suits lazy people like me
And u got a better offer at 1.8%. Mine is at 1.75% from May 2019 to May 2020.

Scb pattern is like that wan, later invitees get offered higher guaranteed interest...

 

[Jazzbie]

Hahaha SC basically telling us don't bother playing switching game, save the effort for you (at least for 1 year).

 

[henrylbh]

Hahaha SC basically telling us don't bother playing switching game, save the effort for you (at least for 1 year).

No true. Never received such letter and I need few days to switch balance to my maybank I would purchase cashier order if 1 Jun is a weekday.

 

[maumu]

sigh. why they never send me letter.. :\

 

[Alwaysb]

Mine is june to may

Adding to tmk’s advice, it saves the trouble of moving funds for similar rates. Suits lazy people like me
And u got a better offer at 1.8%. Mine is at 1.75% from May 2019 to May 2020.

 

[havetheveryfun]

anyone got insider news on June's rates

 

[yoongmy]

After this month should open account for HSBC EGA or Maybank iSavvy? any catch?