Standchart eSaver

[sohguanh]

unless you are happy to lock yr money away for 12,,,18 m with 4.15%
otherwise 3.8% parking there while you decide on what to do with the money,best ways fwd

Lock some not all of the monies is what I mean

 

[Uacesg]

Going to open this esaver account for the bonus interest promo: https://av.sc.com/sg/content/docs/sg-esaver-tnc.pdf

- saw the fine print on $5 per cash withdrawal, this account penalise people for withdrawal?

- the bonus interest will be given at the end of 31st Jan or a few months later?

Thanks in advance

 

[Devilsire]

Going to open this esaver account for the bonus interest promo: https://av.sc.com/sg/content/docs/sg-esaver-tnc.pdf

- saw the fine print on $5 per cash withdrawal, this account penalise people for withdrawal?

- the bonus interest will be given at the end of 31st Jan or a few months later?

Thanks in advance

- counter transaction fee (same applies for most ibanking accounts) doesnt matters since nobody do that
- End month

 

[havetheveryfun]

Going to open this esaver account for the bonus interest promo: https://av.sc.com/sg/content/docs/sg-esaver-tnc.pdf

- saw the fine print on $5 per cash withdrawal, this account penalise people for withdrawal?

- the bonus interest will be given at the end of 31st Jan or a few months later?

Thanks in advance

now open maybe a bit late ? , think it is better to open now n leave it empty and wait for the feb to mar promo .. think wont drop too much (but cant guarantee since still got half a month to go)

 

[EveMuffins]

I've just received the 3rd portion of the 3.8% for Dec.

 

[direbmem]

Yes me 兔, just received $500+ of exclusive bonus interest, as I was on email invite for the 3.8%pa interest promo. 3Q SCB! Huat ahh!!

 

[Hulky8]

Ya,I also rece’d 300,jut nine for chinese New Year shopping

 

[DevilPlate]

Yes me 兔, just received $500+ of exclusive bonus interest, as I was on email invite for the 3.8%pa interest promo. 3Q SCB! Huat ahh!!

park so much with SCB. niceee

 

[Devilsire]

mine was weird, i already received the full interest under bonus interests on 1.1, yesterday received $0.01 under exclusive

 

[EveMuffins]

mine was weird, i already received the full interest under bonus interests on 1.1, yesterday received $0.01 under exclusive

for my case is 0.05%+3.35% on 1 Jan then 0.4% on 19 Jan.

 

[DevilPlate]

for my case is 0.05%+3.35% on 1 Jan then 0.4% on 19 Jan.

I duno how to calculate mine as I have quite a number of inflow & outflow

They give whatever amt I just take it haha

 

[havetheveryfun]

park so much with SCB. niceee

500 is only like 150 to 200k + ? not a lot

 

[DevilPlate]

500 is only like 150 to 200k + ? not a lot

this $500 is the 2nd portion. I estimate total interest about 2.5k

 

[havetheveryfun]

wonder anyone able to estimate next cycle esaver rate based on current 1 month interest rates ?

 

[DevilPlate]

wonder anyone able to estimate next cycle esaver rate based on current 1 month interest rates ?

Very likely to stay at 3.8% since Fed is minimally gona raise 0.25% in Feb.

 

[havetheveryfun]

Very likely to stay at 3.8% since Fed is minimally gona raise 0.25% in Feb.

but why ssb one going down ?

 

[DevilPlate]

but why ssb one going down ?

SSB follows 10yr SGS and we are talking about short term rates Like Sora and sibor right?

https://eservices.mas.gov.sg/Statistics/dir/DomesticInterestRates.aspx

 

[havetheveryfun]

SSB follows 10yr SGS and we are talking about short term rates Like Sora and sibor right?

yea but 1 month sora seem to be lower than last month too

 

[sohguanh]

wonder anyone able to estimate next cycle esaver rate based on current 1 month interest rates ?

Prepare Plan B is always best strategy. Cannot pin all hope on eSaver becuz if can wow I no need plan B liao

 

[DevilPlate]

yea but 1 month sora seem to be lower than last month too

Daily SORA rate bounce back to 3%+
very volatile