Standchart eSaver

[Devilsire]

Can I transfer from Wealth$aver to new e$aver and qualify in new promo?

Qualify for the incremental amount of the esaver's Nov ADB.
By right, safer to trf to another bank first to deposit as "fresh fund". By left... last time left right directly between 2 esavers had no issue with bonus interests

Sent from Poco F3 using EDMWER app!

 

[GrandJedi]

they increase to $2 million too, so nice

wasnt it always $2M??? anyways, I can move some $$ back to it tomorrow... it was not competitive for some time.

 

[GrandJedi]

Qualify for the incremental amount of the esaver's Nov ADB.
By right, safer to trf to another bank first to deposit as "fresh fund". By left... last time left right directly between 2 esavers had no issue with bonus interests

Sent from Poco F3 using EDMWER app!

can have 2 eSaver accounts under the same name??

 

[Panerex]

If I received the prior 2.2% invite tied till Feb 2032, will I still be eligible for this 3.8%?

 

[havetheveryfun]

If I received the prior 2.2% invite tied till Feb 2032, will I still be eligible for this 3.8%?

yes they take whichever rate is higher

 

[havetheveryfun]

can have 2 eSaver accounts under the same name??

last time can, now cannot or harder to do so.. u can read all 100+ pages got ppl talking abt it few times before..

but this kind do at ur own risk cos by right the bank can claw back the interest anytime if they really wanted to.

 

[GrandJedi]

last time can, now cannot or harder to do so.. u can read all 100+ pages got ppl talking abt it few times before..

but this kind do at ur own risk cos by right the bank can claw back the interest anytime if they really wanted to.

easier to try move in and out with another bank.

 

[GrandJedi]

If I received the prior 2.2% invite tied till Feb 2032, will I still be eligible for this 3.8%?

Do you know how the bank decides who to invite?

 

[vsvs24]

yes they take whichever rate is higher

But I noticed they only send the email on extension every 2 mths, not every month. Invitation also has 2 mth cycle ?

 

[a4973]

i currently only have Spree Visa in SC. so to participate in this 3.8% promo is there some sort of invitation? or just open account using myinfo then can start depositing? thanks

 

[hwarzoner]

i currently only have Spree Visa in SC. so to participate in this 3.8% promo is there some sort of invitation? or just open account using myinfo then can start depositing? thanks

Just open esaver account online on 1 dec and deposit on 1 Dec

 

[vsvs24]

i currently only have Spree Visa in SC. so to participate in this 3.8% promo is there some sort of invitation? or just open account using myinfo then can start depositing? thanks

3.8% is the published rate open to everyone. The invite is to priority customers at a rate higher than this published rate which they send by email.

 

[havetheveryfun]

easier to try move in and out with another bank.

yea but other banks normal acc interest rates usually not as high..
in the past ppl rotated with maybank isavvy because the rates and the way they work very similar.. except they like purposely overlap on the months so u cant easily in and out between maybank/SC

 

[Mickey01]

3.8% is the published rate open to everyone. The invite is to priority customers at a rate higher than this published rate which they send by email.

a few days ago, someone posted here that he got the 3.5% invite. Now the public rate is 3.8% (which is higher than the 3.5% invite), you expecting another invite higher than 3.8% in Dec 2022?

I guess the higher than 3.8% invite (if it ever take place) will depend on the Dec FED meeting announcement

 

[GrandJedi]

3.8% is the published rate open to everyone. The invite is to priority customers at a rate higher than this published rate which they send by email.

Do you get the email in your normal inbox or the inbox in the SC app?

 

[GrandJedi]

3.8% is the published rate open to everyone. The invite is to priority customers at a rate higher than this published rate which they send by email.

From what I know, invited customers, dont have to worry about about this 3 month cycle, fresh funds. They just get the high interest rate that is published.

 

[CaptainWu]

From what I know, invited customers, dont have to worry about about this 3 month cycle, fresh funds. They just get the high interest rate that is published.

I am not too sure as I received email invite before but this new promotion requires Fresh fund and comparing to Nov ADB (my email invite does not need all these). I do have existing funds there already so I wonder whether my funds is eligable or not....

 

[EveMuffins]

I have the 2.8% invite based on average daily balance. will I be eligible for this new 3.8%? if yes, is the 3.8% also for my average daily balance as well? or follow the public which is only for incremental fresh funds only?

 

[havetheveryfun]

I am not too sure as I received email invite before but this new promotion requires Fresh fund and comparing to Nov ADB (my email invite does not need all these). I do have existing funds there already so I wonder whether my funds is eligable or not....

read the t n c following the promo.. most likely it has a clause there that the higher esaver rate will be taken

 

[havetheveryfun]

I am not too sure as I received email invite before but this new promotion requires Fresh fund and comparing to Nov ADB (my email invite does not need all these). I do have existing funds there already so I wonder whether my funds is eligable or not....

I have the 2.8% invite based on average daily balance. will I be eligible for this new 3.8%? if yes, is the 3.8% also for my average daily balance as well? or follow the public which is only for incremental fresh funds only?

e.g of a promo t n c
https://av.sc.com/sg/content/docs/esaver-excl-bonus-nov22c-FAQ.pdf
read clause 5

Notwithstanding Clause 4 above, in the event that the bank offers to the Bank’s other customers holding Eligible Account(s), a bonus interest rate higher than Bonus Interest Rate (“Higher Bonus Interest Rate”) for any e$aver bonus interest promotion, indicated on our website as open to all Eligible Account(s) held during the Bonus Interest Earning Period, your Bonus Interest for that month will be computed at such Higher Bonus Interest Rate, subject to these terms.