Standchart eSaver

[DevilPlate]

Since month of March, I think SC has make it simpler.
Beginning of the month pay us base rate interest earned and then bonus interest earned by 20th of the month.

 

[sohguanh]

Since month of March, I think SC has make it simpler.
Beginning of the month pay us base rate interest earned and then bonus interest earned by 20th of the month.

This will be applied same for those by invite and those public ?

 

[oceanicmanta]

I think it should be :

End of month, for everyone
- Base Interest
- Bonus Interest (based on "Incremental" ADB over reference month)

20th of following month, for those on Invite only
- Exclusive Bonus interest (ie Bonus Interest on "Total" ADB less whatever credited earlier as Bonus Interest)

 

[DevilPlate]

This will be applied same for those by invite and those public ?

Mine on invite.

 

[konan~]

Know one who just received invite but at 3.80% only, not 4.00%

 

[liverpoolz]

If i made an incremental deposit to the esaver account today, may i know if this incremental deposit will be subjected to 3.8% for April and or May?
Thanks.

 

[saffronsatire]

im on the 4% invite, only receive the 0.05%

31/03/2023

CR INTEREST

https://www.sc.com/sg/terms-and-conditions/esav-m23a/

Do you guys get invited only after putting funds in? I opened the ac for a few years ard but never use. But they keep spamming the app notifications on interest rate and in the past, kept sending those promo mailers.

 

[Imhthc]

If i made an incremental deposit to the esaver account today, may i know if this incremental deposit will be subjected to 3.8% for April and or May?
Thanks.

if the amount u deposit now is more than the average deposit balance in ur acct in march, yes u will get 3.8% on the amount for Apr till end may

 

[zippo1979]

Received exclusive 3.8 end mid year bonus interest on 31st march? Also exclusive promo people receive on 31st march also?

you will get 'wrong' exclusive interest on 31st march if you have higher balances in march compared to february, with the balance exclusive interest around 20th april, making up total of 3.75% p.a.

you will get no exclusive interest on 31st march (like myself) if you have lower balances in march compared to february, with the entire 3.75% p.a. exclusive interest around 20th april.

 

[Uacesg]

Hi All, for the April May esaver promo, better to put one lump sum in April, or to split the lump sum into 2 batches (April and May)? A little lost on how it works..

 

[revhappy]

Hi All, for the April May esaver promo, better to put one lump sum in April, or to split the lump sum into 2 batches (April and May)? A little lost on how it works..

Better put one lump sum. Apr and May is a continuous period for the promo and the base is Mar ADB.

 

[sohguanh]

Better put one lump sum. Apr and May is a continuous period for the promo and the base is Mar ADB.

Now waiting once Apr end Maybank iSavvy will come out similar good promo or not. SCB eSaver did.

 

[luvpraline]

Now waiting once Apr end Maybank iSavvy will come out similar good promo or not. SCB eSaver did.

I'm in maybank now too. Even if they have good promo, have to move out for may unless u have 2 accounts.

 

[royalmix]

I'm in maybank now too. Even if they have good promo, have to move out for may unless u have 2 accounts.

I moved from maybank 1 april to esaver, make room to move back if good, otherwise stay here. Must know which months to go where, then merry go round non stop!

 

[liverpoolz]

if the amount u deposit now is more than the average deposit balance in ur acct in march, yes u will get 3.8% on the amount for Apr till end may

Thank you.

 

[GrandJedi]

This one as well as earlier invite dont have reference month, should applies for full sum and not incremental balance

I have the 3.8% with no ADB. I wonder how SCB decides who gets this new one? Anyone has an idea? SCB is so confusing and has so many different versions.

 

[GrandJedi]

yeah SC eSaver thingy is really quite a mess. dunno how they break down their BI into.

I just add all up.. if roughly 3.8%... I say ok.. really dont know how to calculate.

 

[maumu]

I just add all up.. if roughly 3.8%... I say ok.. really dont know how to calculate.

see post #4280 by @travbug ... he gave a very good explanation for the calculations behind it

 

[vsvs24]

The new apps really jialat , bring back the old apps

Agree, I login to web version now to do banking stuff.

Wah. The changes to the app is really bad. I could not see some transactions. In the end had to use web version to be sure I don't miss out any transactions.

The best part is the app allows customers to freeze credit cards. But after you freeze it, the credit card disappears totally. No sign of it. Cannot check past transactions. This is unlike other banks that just freeze the card but it still appears as usual.

 

[zippo1979]

Wah. The changes to the app is really bad. I could not see some transactions. In the end had to use web version to be sure I don't miss out any transactions.

The best part is the app allows customers to freeze credit cards. But after you freeze it, the credit card disappears totally. No sign of it. Cannot check past transactions. This is unlike other banks that just freeze the card but it still appears as usual.

i already wrote in to SCB (via secured INBOX) to tell them to revert everyone back to the old version of the App.

The new version of the app is slower and much more unstable. As pointed out by many, a number of transactions do not get displayed properly!