Standchart eSaver

[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

 

[CaptainWu]

SCB Home Loan fixed rate also going down so very unlikely the eSaver rate can raise further, keep at the same level is good already.

 

[direbmem]

Banks anticipate Fed will not raise rates any more? Even then, rates will be maintained high. Wonder why banks lower the rates now.

 

[sohguanh]

SCB Home Loan fixed rate also going down so very unlikely the eSaver rate can raise further, keep at the same level is good already.

Thanks for sharing. This seem to be a better indicator than the us fed rate scenario

 

[viv4080]

I got $3+ for exclusive bonus interest for me esaver acct.

How is this calculated, and how to maximise this bonus interest?


Read HWZ Forum Rules!

 

[888888888888]

Banks anticipate Fed will not raise rates any more? Even then, rates will be maintained high. Wonder why banks lower the rates now.

of cos not so, they still raise.. probability of next meeting hike 25bps raised to 90%; for 50bps below <30%. bonds curve not fully priced in all fed hikes.

 

[rajeev3001]

How does Online Trading work? If I open an eSaver account, does it automatically create stock brokerage account?
Or is there a separate process for online trading?