immediately beneath the CONTACT US tab is a bubble with 2 dashes .... Click to Chat with a Live Agent and then further below "you might find these useful" .... FAQs and then Digital Services.
Standchart eSaver
- Thread starter mdax23
- Start date
“For the avoidance of doubt, any deposit, withdrawal or otherwise transaction in relation to your Qualifying Account(s) that takes place on the last day of a calendar month, falling on either a Sunday, a public holiday or a bank holiday, will not be taken into consideration for the purposes of the Bank’s computation of ADB and crediting of Bonus Interest.”
It only affects the last day of a month, not normal Sundays, correct?
If the last day of a month is either a Sunday, a public holiday or a bank holiday, all transactions will be regarded as the next day?
It only affects the last day of a month, not normal Sundays, correct?
If the last day of a month is either a Sunday, a public holiday or a bank holiday, all transactions will be regarded as the next day?
When I click on banking tab under notification, it shows past messages. Showed several changes of RM assigned, the last one 2 mths ago.very confusing.
1. I log in SCB internet banking (web portal). The logo on the top right is Standard Chartered Priority. But there is no mentioned of my RM name
2. If I log in SCB phone app, the top right is a message box (enclosed 2 dots and a short dash) and when I click on it, 2 tables Notification Tab (Banking and Marketing) and Contact Us Tab. There isn't an option for RM for me to click
So am i still Priority?
Do you have these ?
Nothing ... only the notifications for my credit charges for the past few days as I have deleted most from my Notification Inbox
Anyways, I just click on the icon top left and it expanded and display my full name and underneath there is 'Priority" .... This is what matters as I need not keep miniumun $1k to avoid FBF
. No RM never mind .... also don't want the RM to keep contacting for product marketing purposes.This new app .... everyday discover new information
Unfortunately not 100% understand, thus seeking advice/confirmation here. I do admit my Maths is very poor, failed since Pri 4
Assault
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there's no math involved in how the bonus interest for esaver works thoughUnfortunately not 100% understand, thus seeking advice/confirmation here. I do admit my Maths is very poor, failed since Pri 4
Unfortunately not 100% understand, thus seeking advice/confirmation here. I do admit my Maths is very poor, failed since Pri 4
Why is it important to understand the maths on how Bonus Interest is calculated? You can trick the system to pay you more interest for the mth!
If your account existed since March:
What is ADB for the mth = total up end of day balance for the mth (ie 30 days for April) / 30
What is incremental ADB for April = ADB April less ADB for March (that's is why you should always keep zero ADB for March)
Bonus interest April = 3.75% * incremental ADB for April/365*30
So the more money you deposit in April, the higher your incremental ADB and BI. If you withdraw, incremental ADB will reduced so BI reduced.
So the trick is, got money towards end of mth, dump in. Withhold withdrawals towards end of mth if you need money, wait till beginning of mth.
Which bank account dun work this way? DBS Multiplier! (I know)
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Actually when need money, withdraw. When got money, put in. No need wait for end of month to withdraw and beginning of month to put in. That is the simplicity I like about esaver, no tier, no need for incremental ADB for subsequent month.
English comprehension is also just as important as maths. U can withdraw and deposit anytime. But read carefully what I wrote! If I need to pay credit card/bills, I will delay as much as possible. If I need money, if can delay till next mth the better. If I happened to receive a big sum of money towards end of mth, quickly deposit!
Yes. That's why apply for tbills and SSB on the last 2 days of closing. No need apply early.
And refund for unsuccessful or partial allocation, same day return to esaver (or other bank accounts). Will earn more interest.
DBS Multiplier and CIMB Fastsaver are the only 2 bank accounts I know that dun work this way ie interest calculated based on daily balance and not av mthly bal.
RHB base interest also (not bonus interest)
For credit card, I just do a scheduled transfer when I received the statement and if I happened to receive a big/small sum of money, I just deposit it into esave, whether end or beginning of month.
Correct, so these transactions do not depend on beginning of month or end of month.
U obviously have comprehension problem! Its your money, it is up to u!
Is it?
You said "If I need money, if can delay till next mth the better."
But if you need money and can delay till next mth, then you don't need money now but need money next month right?
When you have comprehension problem, it is like this!Is it?
You said "If I need money, if can delay till next mth the better."
But if you need money and can delay till next mth, then you don't need money now but need money next month right?
When my credit card bill is due, I defer for another mth interest free!
V_for_Vanilla
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Unable to log in now.
Ya, your England too chim until you ownself no understand
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