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royalmix

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SantyBalls said:
Ppl say 29apr alrd get.

But idk how they calculate if like that. Apr haven't even end alrdy give interest
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SantyBalls said:
whats wrong with this royalmix? new troll on the block? usually its just reddevil
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Wah, you never read through my posts and conclude I am a troll ?????

Still dunno the answer to your questions posted twice? So read before you jump to the conclusion, you dunno what you dunno!
 
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V_for_Vanilla

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SantyBalls said:
Ppl say 29apr alrd get.

But idk how they calculate if like that. Apr haven't even end alrdy give interest
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I called the bank. The various interests are credited in tranches. Latest by 20th of following month as per TnC. So adding all the tranches credited at different times the total should be correct.
 
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firexed

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Imhthc said:
Perhap u need to call them to resolve this issue. Another way is to remove and download the app again but not sure whether the digital mobile token will be affected which u need 24hrs before u can start using it after registration
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I can still do browser login with OTP. Tried reinstalling the app but still doesn't work.
 
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royalmix

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V_for_Vanilla said:
I called the bank. The various interests are credited in tranches. Latest by 20th of following month as per TnC. So adding all the tranches credited at different times the total should be correct.
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U dun understand his question? Read to understand!
 
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SantyBalls

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V_for_Vanilla said:
I called the bank. The various interests are credited in tranches. Latest by 20th of following month as per TnC. So adding all the tranches credited at different times the total should be correct.
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Sry don't really understand. The 3.8% interest is credited at several dates in several transactions?

Or is like, 29apr interest is for a particular date range in april, then on another date bank will credit interest for another datw range in april?
 
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V_for_Vanilla

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SantyBalls said:
Sry don't really understand. The 3.8% interest is credited at several dates in several transactions?

Or is like, 29apr interest is for a particular date range in april, then on another date bank will credit interest for another datw range in april?
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Generally on last day of month you will get your normal interest for that month based on the normal rate of 0.05%. The CSO said the bonus interest on incremental balance, and the exclusive interest (depending on promo) will be either credited at the same time if not latest by 20th of following month. All we need to do is add up all the different tranches of interest credit and the total should be correct.
 
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SantyBalls

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V_for_Vanilla said:
Generally on last day of month you will get your normal interest for that month based on the normal rate of 0.05%. The CSO said the bonus interest on incremental balance, and the exclusive interest (depending on promo) will be either credited at the same time if not latest by 20th of following month. All we need to do is add up all the different tranches of interest credit and the total should be correct.
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Oic.. Cause i got 2 transaction come in. Got like 90bucks interest for a 5digit sum.
Surprised they can give the 3.8% interest on 29april

But like that means on interest is calculated from 1st to 29th april?
 
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oceanicmanta

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SantyBalls said:
Oic.. Cause i got 2 transaction come in. Got like 90bucks interest for a 5digit sum.
Surprised they can give the 3.8% interest on 29april

But like that means on interest is calculated from 1st to 29th april?
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calculation shows my interest is for 30 days in Apr, correct to the cent
 
F1ngolf2012

F1ngolf2012

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Squaredot said:
bro, u r not wrong in the above sentence. However there is a clause in T&Cs that says:

8. 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.

As 30 April 2023 falls on Sunday, that's why... :o
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@Squaredot I've noted above clause which can be confusing as the term "Value Date" on the Transaction history seems to "contradict" the clause. Let's wait for month of May bonus interest to confirm. :unsure:

oceanicmanta said:
transfer today can get interest ? :p
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Squaredot said:
Today is PH but not the last day of the month mah, what do u think? 🤔
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For April month, I had incoming transfer on 2 April, Sunday. (Transaction history showed Value Date: 2 April with Posting date: 3 April.) From the bonus interest credited, I can see that SCB calculation was based on Value Date. So I'm leaning to yesterday's incoming transfer to also earn bonus interest.;)
 
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