Standchart eSaver

[yiron]

is cos public promo 3.35% only until 30 november.

so there is a chance public promo for dec may be much lesser than 3.35%. this is where ppl have to take the calculated risk to see if they want to lock in the 3.5% for december or not. also by locking in for one more month they can save the hassle of playing merry go round for that extra month.

The step up is actually quite valuable in the current climate of falling rates.

 

[Impur3]

The public promotional interest is still on. From 1st Oct to 30th November 2024 at 3.35%. This one as long as it is incremental fund compared to sep and may no( have to be at least $100k.
This time round they added in something new which is for $100k n above of fresh fund compared to sep 24, can get incremental interest at 3.35%, 3.4% and 3.5% for Oct, Nov and Dec 24 after u register with them.

Trying to go through the T&C, trying to find whats the catch, didnt see any lock in period. Only catch i can see is 100k to be deposited by 31 Oct 24 and to register the account. Please correct me if i am wrong.

 

[Scrabby]

 

[yiron]

Trying to go through the T&C, trying to find whats the catch, didnt see any lock in period. Only catch i can see is 100k to be deposited by 31 Oct 24 and to register the account. Please correct me if i am wrong.

Yup, no other catch other than 31 Oct EOD balance has to be >= $100k compared to 30 Sep.

 

[FlyGuardX]

meta AI calculate 3.3833% per annum for this

 

[Impur3]

Yup, no other catch other than 31 Oct EOD balance has to be >= $100k compared to 30 Sep.

Hmmm wondering what would happen if balances drop below 100k after 31 Oct. Not that i am going to try

 

[yiron]

Hmmm wondering what would happen if balances drop below 100k after 31 Oct. Not that i am going to try

Nothing happens. U'll still get the step up bonus for Nov and Dec as long as 31 Oct itself meets the criterion.

 

[Scrabby]

Hmmm wondering what would happen if balances drop below 100k after 31 Oct. Not that i am going to try

2. To qualify for this Promotion:

b. customer must register for the promotion via sc.com/sg/esaver by indicating your 10-digit Qualifying Account number by 31 October 2024. Successfully registered Qualifying Account is referred to as "Registered Account(s)"

c. you must deposit fresh funds into your Registered Account(s) such that the deposit balance on 31st October 2024 is at least S$100,000 higher than the deposit balance on 30th September 2024. "Fresh funds" means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period;

If you do not meet the criteria stated under clause 2b and/or 2c, you would still be eligible to participate in the e$aver Bonus Interest (October- November 2024) promotion.



FAQ (Marathon $aver):

When can I expect the bonus interest to be credited to my account? We will be crediting the bonus interest to your account latest by the 20th of the following month. For example, for the month of October 2024, bonus interest will be credited latest by 20th November 2024.

Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Published on 30 September 2024

 

[Joseph99]

I received interest on 30 sep but not the bonus interest yet. Anyone encountered the same?

 

[bluesy]

For those doing monthly musical chairs between eSaver and iSavvy, will you choose to continue keeping funds in iSavvy for Oct instead of transferring to eSaver? Then transfer to eSaver on 31 Oct to meet the $100k criterion, and maintain funds in eSaver for Nov and Dec.

 

[havetheveryfun]

I received interest on 30 sep but not the bonus interest yet. Anyone encountered the same?

are u on invitation or the public promo.

invitation one by 15-20th of the month then come in

 

[Joseph99]

Public promo

 

[maumu]

Public promo

check your Sep daily avg balance vs. your Jul daily avg balance...

if Sep ADB < Jul ADB then no bonus interest.

 

[Joseph99]

check your Sep daily avg balance vs. your Jul daily avg balance...

if Sep ADB < Jul ADB then no bonus interest.

Jul ADB ? I thought is Aug ADB

 

[Imhthc]

I received interest on 30 sep but not the bonus interest yet. Anyone encountered the same?

did scb cock up this time? My bro also din get bonus interest for public promo. His sep adb was higher than Jul adb.
Last month gave extra interests and did a clawback. This month missed out some accts.

 

[GrandJedi]

check your Sep daily avg balance vs. your Jul daily avg balance...

if Sep ADB < Jul ADB then no bonus interest.

Are the dates on the $200k example correct on the website?

https://www.sc.com/sg/save/savings-...qiCXh2DpkLvL0OHapfYaAn93EALw_wcB&gclsrc=aw.ds

I feel it should be Oct - Nov - Dec rather than Nov - Dec - Jan !

 

[Devilsire]

meta AI calculate 3.3833% per annum for this

3.416% pa

pretty good actually, given cimb dropped to 3.3% and TBill are low
GXS Bonus pocket 3.48% but cap $30k

any better options avail?

 

[spiez1]

2. To qualify for this Promotion:

b. customer must register for the promotion via sc.com/sg/esaver by indicating your 10-digit Qualifying Account number by 31 October 2024. Successfully registered Qualifying Account is referred to as "Registered Account(s)"

c. you must deposit fresh funds into your Registered Account(s) such that the deposit balance on 31st October 2024 is at least S$100,000 higher than the deposit balance on 30th September 2024. "Fresh funds" means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period;

If you do not meet the criteria stated under clause 2b and/or 2c, you would still be eligible to participate in the e$aver Bonus Interest (October- November 2024) promotion.



FAQ (Marathon $aver):

When can I expect the bonus interest to be credited to my account? We will be crediting the bonus interest to your account latest by the 20th of the following month. For example, for the month of October 2024, bonus interest will be credited latest by 20th November 2024.

Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Published on 30 September 2024

Hi, after registration on scb website, there will be no sms or email to confirm if qualified?

 

[FlyGuardX]

3.416% pa

pretty good actually, given cimb dropped to 3.3% and TBill are low
GXS Bonus pocket 3.48% but cap $30k

any better options avail?

can like this? this month stay at maybank isavvy until 31 oct. register for the esaver promotion and deposit funds in on 31 oct. then ride on 3.4% in nov and 3.5% in dec

 

[Devilsire]

can like this? this month stay at maybank isavvy until 31 oct. register for the esaver promotion and deposit funds in on 31 oct. then ride on 3.4% in nov and 3.5% in dec

yup, infact i have a Tbill maturing 29/10 and am planning to move back to SCB, i.e 1d*3.35% + 30d*3.4% + 31d*3.5% = 3.449% pa