Standchart eSaver

[zippo1979]

I tried your method but it didn't tally (for 28 Feb based on incremental ADB approach)

wonder what's their formula...

anyways, so far I checked the past months, the bonus interest (3.75%) tallies, but is split into two credits - one on the last day of the month, and another at the following month (no consistent date). the good thing is that the transactions will describe the month it is tagged to.

what did you get on 28th Feb for your "Bonus Interest". How many % p.a. effectively?

I got about 0.2% p.a., another user got 0.1% p.a. (previous posts).

I am waiting till 20th March to see if another Exclusive Bonus Interest line is posted.

 

[maumu]

what did you get on 28th Feb for your "Bonus Interest". How many % p.a. effectively?

I got about 0.2% p.a., another user got 0.1% p.a. (previous posts).

I am waiting till 20th March to see if another Exclusive Bonus Interest line is posted.

I really can't tell because the amount is miniscule (based on balance of ~$1000).. it was credited as $0.01 but if following your approach it should be $0.02

 

[zippo1979]

I really can't tell because the amount is miniscule (based on balance of ~$1000).. it was credited as $0.01 but if following your approach it should be $0.02

not to worry.. you are the 3rd person that I know of that is affected. So we can quite confirm it is SCB system issue / change of presentation or crediting dates, not we do wrongly.

 

[maumu]

not to worry.. you are the 3rd person that I know of that is affected. So we can quite confirm it is SCB system issue / change of presentation or crediting dates, not we do wrongly.

but it can be quite certain that the bank will post the bonus interest in two separate transactions lah... one on last day of month, and another some time later.

e.g.
BONUS INTEREST PAYMENT
FOR THE PERIOD 2022-12-01-2022-12-31
- this is the first credit of bonus interest for December 2022, credited on 31 Dec 2022

EXCLUSIVE BONUS INTEREST PROMO
INTEREST FOR DEC22 (05 OF 11)
- this is the second credit of bonus interest for December 2022, credited on 19 Jan 2023

 

[zippo1979]

but it can be quite certain that the bank will post the bonus interest in two separate transactions lah... one on last day of month, and another some time later.

e.g.
BONUS INTEREST PAYMENT
FOR THE PERIOD 2022-12-01-2022-12-31
- this is the first credit of bonus interest for December 2022, credited on 31 Dec 2022

EXCLUSIVE BONUS INTEREST PROMO
INTEREST FOR DEC22 (05 OF 11)
- this is the second credit of bonus interest for December 2022, credited on 19 Jan 2023

yup this is what i am expecting, except my BONUS INTEREST PAYMENT on 28th Feb is very off. It is neither 1% or 2.75% or 3.75%.. It is 0.2%

 

[BlackTortoise]

yesterday online created account sucessful but till now no receive ID/Password to login. SmlJ?

 

[Devilsire]

they created this mess themselves with all the various different invite only bonus + exclusive bonus
my bonus / exclusive bonus / interests are weird in a way they may be credited on last day, 10th or 20th in no fixed manner
hard to monitor to exact cents as there'll be in/out movements affecting the ADB but i guess end of the day the monthly interests are pretty accurate

 

[Mickey01]

I tried your method but it didn't tally (for 28 Feb based on incremental ADB approach)

wonder what's their formula...

anyways, so far I checked the past months, the bonus interest (3.75%) tallies, but is split into two credits - one on the last day of the month, and another at the following month (no consistent date). the good thing is that the transactions will describe the month it is tagged to.

I am also on invite until Jun 2023. Also have the same problem, can never understand the % of bonus interest credit at end of the month. But based on all previous credits, the total (month end bonus + bonus credit by 20th next month) is always per the % promised.

 

[vsvs24]

they created this mess themselves with all the various different invite only bonus + exclusive bonus
my bonus / exclusive bonus / interests are weird in a way they may be credited on last day, 10th or 20th in no fixed manner
hard to monitor to exact cents as there'll be in/out movements affecting the ADB but i guess end of the day the monthly interests are pretty accurate

Be grateful they offered you the invite. Some people want to get invited also can't.

Could it be issue this mth is because the invite and public rate was the same at 3.8%. Rare since invite rate usually higher. So the program logic did not cater for same rate

 

[saintgtril]

Hi all, I ganna fall below fee for the very first time. Anyone else? Sian!

 

[sglandscape]

Hi all, I ganna fall below fee for the very first time. Anyone else? Sian!

I believe for priority banking, the fall below fee is waived.

 

[Imhthc]

Did anyone have issues with the new app? I find it very unstable. My friend paynow me but it doesn’t reflect in my transaction.

 

[wutawa]

Hi all, I ganna fall below fee for the very first time. Anyone else? Sian!

Always leave the balance $0 to avoid the fee.

 

[3XTR3M1ST]

tried to ask 2 separate CSO for their criteria to select customers to invite for the 4.2% promo, and each of them refuse to answer. Ask them to escalate if they don't know how to answer, also refused. HAHA BUGGERS!

 

[3XTR3M1ST]

For those of you still parking in 3.8% promo, did you realize OCBC 360 easily gives you 4.05%? I don't know why I overlooked that and just follow the hype of this esaver lol

https://www.ocbc.com/personal-banking/deposits/360-savings-accountSalary + Save: You will earn a maximum EIR of 4.05% a year.

 

[havetheveryfun]

For those of you still parking in 3.8% promo, did you realize OCBC 360 easily gives you 4.05%? I don't know why I overlooked that and just follow the hype of this esaver lol

https://www.ocbc.com/personal-banking/deposits/360-savings-accountSalary + Save: You will earn a maximum EIR of 4.05% a year.

cos that has 100k cap + need salary credit

these esaver ppl here all is more than 100k, very rich one

UOB one is higher interest for salary account if u can hit $500 spend a month

 

[3XTR3M1ST]

cos that has 100k cap + need salary credit

these esaver ppl here all is more than 100k, very rich one

UOB one is higher interest for salary account if u can hit $500 spend a month

I see....

Sad I can't hit the min spend criteria because I only eat cai png...

 

[feralslash]

I currently have 1 esaver account. However, as my Jan'23 ADB is very high, I wont be able to take part in the 1feb-31mar promo.
Can I just create another new esaver #2 account? Then move the funds from esaver#1 to #2, and #2 will now be eligible for the promo, since its a new account and the comparison month's ADB is zero.

 

[twosix]

I currently have 1 esaver account. However, as my Jan'23 ADB is very high, I wont be able to take part in the 1feb-31mar promo.
Can I just create another new esaver #2 account? Then move the funds from esaver#1 to #2, and #2 will now be eligible for the promo, since its a new account and the comparison month's ADB is zero.

Joint acct?

 

[feralslash]

Not joint. 2 esavers. I was able to do that many years back. But wondering if it can be done again. So just move the funds between the two for each promo cycle.