Standchart eSaver

[travbug]

I got an email invite for the 2.8 percent promo rate, the oct base interest and promo interest credited to my account, but the promo int rate credited is only at around 1 percent?

Not sure how they are calculating the interest for this round of promotion. Usually the promo int rate is credited in during middle of the following mth but this time they seem to credit part of it at the end of the mth (oct) and possibly the rest in the middle of the following mth (nov)

I got the invite for 2.8% too. I managed to recompute my interest, so I think this is how it is calculated

The oct bonus interest relates to the current 1.95% interest on incremental bonus applicable to all. You need to calculate the (Oct ADB minus Sep ADB) x 1.95%. ADB calculated as the summation of daily balance in the mth divide by 30 or 31.

I don't think the 2.8% for oct ADB is credited yet.

 

[crossfitter]

yeah i called the bank to confirm and they said its not credited yet. its just confusing as the last promotion when I also got the email, the bonus interest was only credited once in the following mth

 

[myPosting]

Anyone received the exclusive interest (2.8%) for Oct?

 

[yuppieboy]

Anyone received the exclusive interest (2.8%) for Oct?

Actually I received the base interests and partial bonus interests on 31st Oct yesterday . To find out what would be your total bonus interests (est) for oct, all you have to do is use this simple formula. Hope it helps.

A: Actual Amount received as base interests.
B: total bonus interests
C: base interests rate (e.g 0.05%)
D: bonus interests rate (e.g 2.75%)

B = (A x D) / C

 

[ColorCode]

When will the 2.8 percent interest be credited?

 

[pantss]

Are you on esavers 2.8%?

Nope. How do u guys get invited for that

 

[Ahboy069]

Last month I got it on 19 oct so I reckon it should be around the same this month

 

[iduncheckmail]

Nope. How do u guys get invited for that

put in large amt >24hr, then remove. That did the trick for me.

 

[Mgtowyolo]

Cannot login stanchart account. Anyone facing same ??

 

[yuppieboy]

I got the invite for 2.8% too. I managed to recompute my interest, so I think this is how it is calculated

The oct bonus interest relates to the current 1.95% interest on incremental bonus applicable to all. You need to calculate the (Oct ADB minus Sep ADB) x 1.95%. ADB calculated as the summation of daily balance in the mth divide by 30 or 31.

I don't think the 2.8% for oct ADB is credited yet.

For the 2.8%pa promo for oct all the way till end May 2023, there are no mention and no requirements of any incremental funds. Every dollar you have in Esaver is entitled to the 2.8%pa.

 

[pantss]

put in large amt >24hr, then remove. That did the trick for me.

Ah? I’m leaving my money in till end of nov for the 2% promo. Hopefully they offer me 2.8% thereafter

 

[PC-User]

I kept like 100k in Aug/Sep. Why no invite? No 200k see no up is it?

Or maybe will invite for Dec one??

 

[Ahboy069]

Bye scb 2.8% is too low… rhb n ega at 5% already… hope scb read this email and up to 5.5% thanks

 

[Mickey01]

even the eSaver by invite 2.8% looks quite unattractive now. Guess have to wait for current public promo to end and SCB to launch new promo from Dec 2022

 

[jywy2005]

Going to move the funds out of SCB. No end to this musical chair game.

 

[saintgtril]

Hi all, today i receive the 2.8% invitation. I move from SCB to RHB on the 2/11/2022. Lol.

 

[Moowoow]

Bye bye SC esver

 

[havetheveryfun]

Hi all, today i receive the 2.8% invitation. I move from SCB to RHB on the 2/11/2022. Lol.

i put money into scb n also got the invite

 

[V_for_Vanilla]

Just received the email invitation on the eSaver 2.8% promotion. Lol

 

[direbmem]

Lol now nobody want already they invite