Standchart eSaver

[reflecx]

If have $260,000 what is the interest rate?

2.65%

 

[BlackTortoise]

2.65%

So little. Better to shift to Cimb at 3.5%

 

[oceanicmanta]

So little. Better to shift to Cimb at 3.5%

u mean MayBank ?

 

[sohguanh]

Ok small experiment between eSaver and Mari Invest for Apr 2024. Verdict Mari Invest win. But Mari Invest fluctuation means cannot all dump in need spread around in other investment instrument. eSaver is slowly losing my patronage hehe.

 

[submarinerx]

new to this, int. credited. less than expected due to ADB, may transfer. to isavvy as new acc. possible to get int. of 3.5% for 250k? or try mmf

 

[heng_ah]

The only good thing about eSaver is that they credited the bonus interest the fastest as compared to their competitors.

maybank on the 7th or 8th,
cimb on the 20th,
hsbc months later....

 

[ctan84]

same here.. guess they don't invite again for those who have high ADB for April.

'emptying' it tomorrow and move back to HSBC EGA for new cycle and hopefully will receive invite from eSaver for June...

Your ADB > half a mil?

 

[saintgtril]

I'm shifting to CIMB starsaver for the up to 4.00% tier (ends 31 May tho!)

How to get 4%? I have Cimb star saver too

Hi Garlic & Butter, please share. Thanks!

 

[hwarzoner]

I withdrew 70% from esaver to buy tbills. 3.45% too low

 

[rubicon]

hm...don't forgot for t bills there are roughly six days of not earning interest...

 

[Garlic & Butter]

Hi Garlic & Butter, please share. Thanks!

need to put more than 250k to hit the 4% tier. effective rate won't be 4%

 

[vsvs24]

Was on esaver invite till Apr.

Yesterday 1 May I transferred funds out. Today 7pm I received the invite on SC app notification.

I am invited for Esaver exclusive bonus interest (May 2024) Batch B promo from 1 May to 31 Jul 2024.

But the invite rate is 3.4% which is same as esaver public rate Apr to May 2024.

But I suppose the good thing about invite is that it is based on full bal and not incremental increase compared to reference mth.

And the rate 3.4% is guaranteed till July.

 

[yslvlys]

need to put more than 250k to hit the 4% tier. effective rate won't be 4%

Is this on public website?

 

[maumu]

Was on esaver invite till Apr.

Yesterday 1 May I transferred funds out. Today 7pm I received the invite on SC app notification.

I am invited for Esaver exclusive bonus interest (May 2024) Batch B promo from 1 May to 31 Jul 2024.

But the invite rate is 3.4% which is same as esaver public rate Apr to May 2024.

But I suppose the good thing about invite is that it is based on full bal and not incremental increase compared to reference mth.

And the rate 3.4% is guaranteed till July.

so lucky. like you, mine ended in April but till now still no invite for new promo :'(

I transferred out all but $1k into HSBC for this month's new cycle. see if SC going to invite me back or not. else... might open iSavvy next month where I can get 3.5% (3.1% bonus + 0.4%).

then July go back UOB and grab their Q3 promotion with bonus rewards... these couple of months going to be quite uncertain with large funds moving around.

 

[linusz]

Was on esaver invite till Apr.
Yesterday 1 May I transferred funds out. Today 7pm I received the invite on SC app notification.
I am invited for Esaver exclusive bonus interest (May 2024) Batch B promo from 1 May to 31 Jul 2024.
But the invite rate is 3.4% which is same as esaver public rate Apr to May 2024.
But I suppose the good thing about invite is that it is based on full bal and not incremental increase compared to reference mth.
And the rate 3.4% is guaranteed till July.

received invite too at 7 pm
for 3.45
and I also move some funds out

quite close to this month ssb
lower than prevailing t bill

anywhere can get higher?
though yes scb is no need to merry go round if got invite

 

[maumu]

finally received the email invite... but...

"... the end-of-day deposit balance on 3‌1 Ma‌y 202‌4 is at least S$100,000 higher than the end-of-day deposit balance on 30 Apri‌l 20‌24"

what the... I didn't empty out on 30 April sia. so, it's impossible for me to take part in this

looks like have to stick to the public rate for June already. hopefully it'll not drop further than the current 3.45%... or really no choice but to open iSavvy for 3.5%

 

[ctan84]

finally received the email invite... but...

"... the end-of-day deposit balance on 3‌1 Ma‌y 202‌4 is at least S$100,000 higher than the end-of-day deposit balance on 30 Apri‌l 20‌24"

what the... I didn't empty out on 30 April sia. so, it's impossible for me to take part in this

looks like have to stick to the public rate for June already. hopefully it'll not drop further than the current 3.45%... or really no choice but to open iSavvy for 3.5%

Tats y earlier I posted here to remind those in the previous promo to start emptying account on 29 April if your total amount is >200k coz daily transfer limit is 200k a day.

 

[maumu]

Tats y earlier I posted here to remind those in the previous promo to start emptying account on 29 April if your total amount is >200k coz daily transfer limit is 200k a day.

my previous invite was until April, so.. didn't empty out. oh well, needs to play musical chair anyways so was prepared to park in EGA for May before switching again for June. wonder if they will send a new promo invite next month (with reference balanced dated 31 May) lol

 

[kariage]

Anyone on 1st feb to 30th apr invite? Have you received your full bonus interest?

 

[Mickey01]

Anyone on 1st feb to 30th apr invite? Have you received your full bonus interest?

Did you noticed this clause in the invite T&Cs?

The Bonus Interest shall be credited to your Qualifying Account(s) in single or multiple credit transactions by the 20th calendar date of the following month (the“Bonus Interest Crediting Date”), provided that your Qualifying Account remains valid and in good standing as at the Bonus Interest Crediting Date.