Standchart eSaver

[ckchia88]

Not out yet

3.45%. from scb app> apply esaver account

 

[DevilPlate]

Time to tx out…..next highest no frills acct will be Maybank?

 

[Lè Crayons]

Time to tx out…..next highest no frills acct will be Maybank?

For me yes it is Maybank. If you have Prestige Account then it is 3.6%.

 

[tinsel77]

Time to tx out…..next highest no frills acct will be Maybank?

where to find this info on Maybank?

 

[Lè Crayons]

where to find this info on Maybank?

https://www.maybank2u.com.sg/en/promotions/deposits/fresh-funds-topup.page?

 

[hwarzoner]

to 31 May 2024)
From now till 31 May 2024, earn up to 3.45% p.a. interest on eligible deposit balance of S$2 million with no lock-in period when you bring in incremental fresh funds* (compared to March 2024 average daily balance)

 

[FlyGuardX]

Maybank is better 3.5%

 

[ThreeSteps]

For public: e$aver Savings Account Bonus Interest Promotion (1 April 2024 to 31 May 2024)
From now till 31 May 2024, earn up to 3.45% p.a. interest on eligible deposit balance of S$2 million with no lock-in period when you bring in incremental fresh funds* (compared to March 2024 average daily balance)

https://www.sc.com/sg/save/savings-...nCode=IBRM&referID=IBAT&instance=EShpretarget

T&Cs: https://av.sc.com/sg/content/docs/s...07C0600168480A495FE2%40AdobeOrg|TS=1711936842

 

[iosnewbie]

to 31 May 2024)
From now till 31 May 2024, earn up to 3.45% p.a. interest on eligible deposit balance of S$2 million with no lock-in period when you bring in incremental fresh funds* (compared to March 2024 average daily balance)

Is the interest paid out monthly based on the prevailing promo? Let’s say I open an esaver account before 1st May and put in 100k. On 31 May should I receive (3.45% x 100k)/12 = 287.5? If the promo terms is changed for Jun and Jul to 3.2%pa, should I be getting (3.2% x 100k)/12 = 266.7 at end of Jun and 266.7 at end of Jul?

 

[1l92041H]

For me yes it is Maybank. If you have Prestige Account then it is 3.6%.

prestige exists separately from isavvy hor?

so if say i already enjoyed mar-apr, I can open prestige for may bonus if it is extended?

 

[CrashWire]

Maybank is better 3.5%

iSavvy need $200k to hit 0.4% right? Plus 3.1% topup to make 3.5%.

Unless I'm looking at the wrong account.

 

[CaptainWu]

Time to lock up higher rate as it will just be decreasing every month...

 

[GrandJedi]

For me yes it is Maybank. If you have Prestige Account then it is 3.6%.

Effective rate is lower because 1st $10k/$20k, will not give you the 3.6%, unlike eSaver which starts from the 1st dollar.

 

[testingabc]

prestige exists separately from isavvy hor?

so if say i already enjoyed mar-apr, I can open prestige for may bonus if it is extended?

Prestige is 300K right ? If not get iSavvy ?

 

[1l92041H]

Prestige is 300K right ? If not get iSavvy ?

got isavvy already but will only enjoy for apr. Month of May I cannot use isavvy and esaver

 

[Lè Crayons]

prestige exists separately from isavvy hor?

so if say i already enjoyed mar-apr, I can open prestige for may bonus if it is extended?

Yes. Correct.

For me I transfer to Prestige for Apr. Then May to June will transfer to isavvy if there is promotion.

I do this all the time.

 

[DevilPlate]

Time to lock up higher rate as it will just be decreasing every month...

im waiting to lock up some funds into upcoming 10y SGS later this mth.

 

[idiots]

Effective rate is lower because 1st $10k/$20k, will not give you the 3.6%, unlike eSaver which starts from the 1st dollar.

I don't think your understanding is correct. 1st $10k/$20k will still give you the 3.1%/ 3.2%.

For eg...if your Mar ADB is $500 and you top up 10k on 1 Apr... your 1 Apr incremental ADB is 10k, which meets the criteria of bonus interest. You are not entitled to the bonus interest only if you top up < 10k/20k.

 

[DevilPlate]

Yes. Correct.

For me I transfer to Prestige for Apr. Then May to June will transfer to isavvy if there is promotion.

I do this all the time.

But T&Cs got state must be fresh fund outside from Maybank right?

https://www.maybank2u.com.sg/iwov-resources/sg/pdf/promos/fresh-funds-topup-tnc.pdf
Deposits made in relation to the Promotion must be in fresh funds; Maybank cheques or transfers made from the Account Holder’s existing Maybank account(s) (if any) shall not qualify.

 

[reiser]

To deposit for April, when is the month that’s benchmarked for the incremental balance?