Standchart eSaver

[GrandJedi]

I've always play 'by the book' and kept min. amount in all my accounts.. after all, to me it's important my accounts are "in good order" with the banks in case I need certain waiver or appeals.

most banks their min. amount is decent, like $500 (DBS), $1k, highest is $2k by HSBC. although earning peanuts interest. just treat it like an 'emergency' pocket money if ever needed one day.

$2k minimum a month is effectively $70/Yr. (2000×3.5% of lost interest)

 

[maumu]

$2k minimum a month is effectively $70/Yr. (2000×3.5% of lost interest)

3.5%? HSBC?

thankfully I never had to leave the $2k with them the whole year.. only on those months when I need to 'empty' to earn the 1% extra based on incremental balance (on top of the promo rate).

anyway this is eSaver thread so probably not relevant to elaborate about HSBC here.

 

[laladuck]

Saturday FAST still valued as Saturday itself, but maybe the cut-off time is earlier instead of usual weekday's.

What is the cut-off time for weekday? TIA!

 

[1l92041H]

So far the conclusion for this esaver bonus interest calculation is based on posted date or value date of transaction ah?

My transfer on 4 th Sunday was posted on 5th Monday. Value date Sunday

 

[maumu]

What is the cut-off time for weekday? TIA!

I don't know the official cut-off time but so far I've done my weekday transactions before 10pm and they're posted on the same day.

 

[Guojing88]

If priority, can leave at $0 for both esaver accounts.

Most of priority customers have a stock portfolio with then, that is how we keep the $250k min aum.

That will count too, so we can leave esaver as 0

 

[laladuck]

So far the conclusion for this esaver bonus interest calculation is based on posted date or value date of transaction ah?

My transfer on 4 th Sunday was posted on 5th Monday. Value date Sunday

All interest should be computed based on value date. Please confirm when interest is received and share with us if interest is received for this transfer made on Sunday TIA!

 

[Squaredot]

So far the conclusion for this esaver bonus interest calculation is based on posted date or value date of transaction ah?

My transfer on 4 th Sunday was posted on 5th Monday. Value date Sunday

Value Date

 

[DevilPlate]

Most of priority customers have a stock portfolio with then, that is how we keep the $250k min aum.

That will count too, so we can leave esaver as 0

Yeah and mortgage loan also counted.

 

[wutawa]

So you leave only $1 in your StandChart eSaver account? The bank does not deduct the $5 fall below fee?

Priority members exempted from fall below fee.

 

[vincelee]

Hi. My ibanking was locked for no reason. So i called to find out. The CSO at first told me that the esaver account was active, so will send me an email to reset it.

However the email never arrived. So i called again to find out. This time, the CSO said that the account is under review for UP TO 60 DAYS! The only time i logged in was in the morning today, to pay for my starbucks. In between I didn't do any large transaction whatsoever. And CNY coming, my pay also going creditted into it. GG sia.

Has anyone encountered this before? And how to escalate the process? The bank say cannot provide me the reason for the blocking, which i find it completely ********

 

[1l92041H]

Hi. My ibanking was locked for no reason. So i called to find out. The CSO at first told me that the esaver account was active, so will send me an email to reset it.

However the email never arrived. So i called again to find out. This time, the CSO said that the account is under review for UP TO 60 DAYS! The only time i logged in was in the morning today, to pay for my starbucks. In between I didn't do any large transaction whatsoever. And CNY coming, my pay also going creditted into it. GG sia.

Has anyone encountered this before? And how to escalate the process? The bank say cannot provide me the reason for the blocking, which i find it completely ********

u shift big funds around? Or crypto?

 

[vincelee]

u shift big funds around? Or crypto?

I got do small transactions la. To my friends, to people I know. Then last few days I nv use except this morning.

Then night time i tried to log in but cannot liao

 

[1l92041H]

I got do small transactions la. To my friends, to people I know. Then last few days I nv use except this morning.

Then night time i tried to log in but cannot liao

U mean small crypto txns?

 

[vincelee]

U mean small crypto txns?

No just paynow to friends, my wife etc. Plus buy some things online

 

[item2sell]

No just paynow to friends, my wife etc. Plus buy some things online

can share a screenshot of the transactions?
You can mask out info of your friends.

 

[vincelee]

can share a screenshot of the transactions?
You can mask out info of your friends.

Lol my account locked already how to screenshot. Anyway just wanna know if anyone has encounter the same thing, and how do u resolve the issue i.e. speed up the process

 

[fr33d0m]

if you think you did nothing wrong, file a police report to prove your innocence.

 

[vincelee]

I have filed it. The problem is it is my only account, and I have bills to pay too. At least i would be nice to know what's the reason for blocking my account.

if you think you did nothing wrong, file a police report to prove your innocence.

 

[IAmChiobu12M]

From the clause, within promotion period should mean 1st Feb to 30 April 2024 right? “Within” should be from the start date and inside those dates.

This e$aver Exclusive Bonus Interest (February 2024) batch B Promotion (“Promotion“) is available starting from 1 February 2024 to 30 April 2024(both dates inclusive) (“Promotion Period“), unless otherwise extended or terminated in accordance with the terms of this Promotion

I have a qn.

Is it better I put 50k on Feb and Mar I don't put any. Or put 25k on Feb n 25k on Mar?

Caz this is based on incremental comparing to prev mth too? Or everything is just comparing based on Jan?