For sure so open accounts with most banks ideally with no fall below feeother bank foreign banks better than 0.05% local banks
Need to route it to another bank first but yes this worksIf currently I have a single name esaver account, can I open a joint name esaver account; and then "musical chair" between them?
Still got interest to earn meh? Unless u get the new user 4%If currently I have a single name esaver account, can I open a joint name esaver account; and then "musical chair" between them?
Its like putting a FD of 4% for 6 months with the flexibility of withdrawal in this case? Just note that you will then have to maintain 200k on ADB so withdrawal properly limited.Called SC.. their Relationship Officer called me back mentioned if want to get the 4%, tomorrow must trf $100k to my esaver account. Another $100k by 7th June in order to enjoy this promotion.
True?
Once i become priority member, i can redraw my money and interest base on my average balance for the next 6 mths.
It's incremental monthly adb right?Its like putting a FD of 4% for 6 months with the flexibility of withdrawal in this case? Just note that you will then have to maintain 200k on ADB so withdrawal properly limited.
If you read what @yeochris quoted earlier, this is kind of invitation deal not the published one so I believe no need to follow incremental ADB, just like those invitation email received normally just a fixed rate across for a period with the ADB there.It's incremental monthly adb right?
Technically if you withdraw all next mth, then following mth start using, also can rigbt
Called SC.. their Relationship Officer called me back mentioned if want to get the 4%, tomorrow must trf $100k to my esaver account.

Another $100k by 7th June in order to enjoy this promotion.
True?
Once i become priority member, i can redraw my money and interest base on my average balance for the next 6 mths.
I called asking if i would get new customer 4%I also called, but the customer service don't appear to have much knowledge. Maybe their promotion is too confusing even for their own staff to understand.
Maybe should write in or go down to the branch. She did say, anyone with priority bank stamp, whether new or old will qualify as long as it is "fresh fund".
Their website not updated yet, not sure if rates are discontinuedIs new rate for June out?
Probably no more promo.It's slow to update.. 940am liao. Now i don't know if i should move the money out.
In addition to the rate, have to note the incremental fresh funds is compared to which month's average daily balance. Most likely will be compared to May 2023 and then have to do musical chair if you are not on the invite list.Their website not updated yet, not sure if rates are discontinued
Likely will have promo. Just have to wait a little while longer unless you have other high yield account to park your cash.Probably no more promo