Standchart eSaver

[twosix]

Anyone know what is SCB selection criteria for the bonus interest promo invite? Been with SCB eSaver for a while but had not receive such invite.

Dunno the criteria. I've been with them for many years. Also 1st time invited. Haha.

 

[limjohnny]

https://www.sc.com/sg/saveuplevelup/

New promo, read the T&Cs until blur blur.
So actually is how many % pa if put $100K till Jan 24 for existing customers?

 

[oceanicmanta]

https://www.sc.com/sg/saveuplevelup/

New promo, read the T&Cs until blur blur.
So actually is how many % pa if put $100K till Jan 24 for existing customers?

100k hold 2 months, $500 cash back is 3% pa

20k or 50k is 2.4%pa

but cashback is limited to first 1500 qualifying accounts only !!

SC introduced new term "Period End (PE) Balance" ... first time see such a term

 

[item2sell]

100k hold 2 months, $500 cash back is 3% pa

20k or 50k is 2.4%pa

but cashback is limited to first 1500 qualifying accounts only !!

SC introduced new term "Period End (PE) Balance" ... first time see such a term

ya I am wondering what is PE balance. Period end means day or adb. What date range

 

[oceanicmanta]

ya I am wondering what is PE balance. Period end means day or adb. What date range

it seems to mean Month End Balance of the Relevant Promo Period

 

[item2sell]

it seems to mean Month End Balance of the Relevant Promo Period

I am not sure. Is it last day of month balance. No explanation

 

[gnooliew]

100k hold 2 months, $500 cash back is 3% pa

20k or 50k is 2.4%pa

but cashback is limited to first 1500 qualifying accounts only !!

SC introduced new term "Period End (PE) Balance" ... first time see such a term

I thought is 3 months - including the month used to calculate the PE. If so, then will only yield 2%.. anyway skip, too confusing. put FD or tbill less hassle.

 

[royalmix]

I just started new thread, pls discuss this new promo there as it's got nothing to do with Esaver, and no need to post your comments repeatedly in 3 threads now!

https://forums.hardwarezone.com.sg/threads/scb-save-up-level-up-promo.6968595/

 

[Goodintentions]

I do not know why someone wants to compare orange vs apple.

one needs to giro salary and spend using their credit card. one is straight forward dump and earn interest. no need to do this and that. and also max $100k to earn interest.

esaver up to $5m can earn 3.7%. 2 totally different program.

yah I keep seeing such posts with all these T&C to do then can get the 5% interest. It makes no sense to spend more just to get a bit more interest back. I suspect these people are working for UOB One.

 

[sglandscape]

yah I keep seeing such posts with all these T&C to do then can get the 5% interest. It makes no sense to spend more just to get a bit more interest back. I suspect these people are working for UOB One.

For most working adult, it's quite easy to spend 500/month. For 100k the UOB One pays 5% EIR. These people unlikely work for UOB but know basic math

The sour ones are the retirees who don't spend that much each month and make bashing comments

 

[twosix]

For most working adult, it's quite easy to spend 500/month. For 100k the UOB One pays 5% EIR. These people unlikely work for UOB but know basic math

The sour ones are the retirees who don't spend that much each month and make bashing comments

Others may have better plans to grow their money eg earning airmiles. haha.

 

[royalmix]

yah I keep seeing such posts with all these T&C to do then can get the 5% interest. It makes no sense to spend more just to get a bit more interest back. I suspect these people are working for UOB One.

This is a good example of spending more than you earn, ie earn $400+ interest but need to spend $500 to earn it, but console themselves it helps them defray their lifestyle costs!

 

[item2sell]

This is a good example of spending more than you earn, ie earn $400+ interest but need to spend $500 to earn it, but console themselves it helps them defray their lifestyle costs!

I am guilty of spending to get interest.

 

[a4973]

For most working adult, it's quite easy to spend 500/month. For 100k the UOB One pays 5% EIR. These people unlikely work for UOB but know basic math

The sour ones are the retirees who don't spend that much each month and make bashing comments

Hi may I ask here quickly the $500 spend for uob one, is insurance premium specifically excluded? Thank you

 

[maumu]

Hi may I ask here quickly the $500 spend for uob one, is insurance premium specifically excluded? Thank you

asked a million times already...

included for eligible spending for bonus interest for One account
excluded for eligible spending for quarterly cashback for One card

 

[zeroX26]

Bonus interest for Oct is in. Getting earlier n earlier...

 

[magicming]

Bonus interest for Oct is in. Getting earlier n earlier...

Thanks for alerting all of us.

 

[HOT123]

Strange, this month i received the 3.55% bonus on 2nd Nov instead of the usual 16/17th of the month. I chatted with CS but didn't get a good explanation

 

[sglandscape]

Strange, this month i received the 3.55% bonus on 2nd Nov instead of the usual 16/17th of the month. I chatted with CS but didn't get a good explanation

Long and short of it - the normal bonus interest is early in the month. The special invite bonus interest is around 20th

 

[0218crawford]

e$aver Bonus Interest (1 October 2023 to 30 November 2023) Promotion​

the above promo ending today. I dont think will qualify for next promo since the incrementa funds reference month should be Oct 23. Come tomorrow, sian....need to look for another 'biscuit tin' to put monies.