Standchart eSaver

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GrandJedi

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EveMuffins said:
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?
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Your invite letter is 1st Apr 2022 to 30 June 2023?
 
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GrandJedi

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havetheveryfun said:
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.
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Looks like SCB has many different targeted letters, send out over different months. The one I have seen is for 14 months and does not mention fresh funds at all but has the clause 5 too.
 
EveMuffins

EveMuffins

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havetheveryfun said:
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.
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means even though I'm invited for 2.8% and mine not fresh funds also can get 3.8% from Dec and onwards right? heng ah..coz my Nov ADB quite high.
 
CaptainWu

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havetheveryfun said:
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.
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My email is slightly different but I read it’s the same clause but I still not 100% sure. I will probably call tomorrow to ask on it.
 
Devilsire

Devilsire

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if i understand it correctly, as long as received invitation and met conditions (be it fresh fund deposit), will become qualifying account with Bonus rate for the entire stated period.
And Clause 5 clearly stated that, in layman terms, bonus rate shall be match with any public rates if its higher. i.e the 3.8% for Dec and Jan
 
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vsvs24

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GrandJedi said:
Looks like SCB has many different targeted letters, send out over different months. The one I have seen is for 14 months and does not mention fresh funds at all but has the clause 5 too.
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They seem to have different cycles. I am on the Aug cycle. And receive email on extension on 1 Oct only. None on 1 Sep and 1 Nov. Hope will get email on extension on 1 Dec.
 
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