Standchart eSaver

[ahnyaahnya]

Read the tnc carefully, it says 31 Oct and not 30 Oct actually, so it depends if SCB does value on public holiday (which they usually do not), so a pro tip would be to do it by 30th to be safe.

Must deposit by 30th Oct. Or else won't be there by end of month lah

 

[ahnyaahnya]

Can sign up for both at the same time?

The other one don't need to sign.
What? You hoping to get both? Get total 6 point something % ???

 

[ThreeSteps]

Deposit 100k by 30 Oct or on 30 Oct?

Marathon $aver Promotion - In addition to the actual Registration, the next key point is to show the balance on 31Oct is at least $100k higher than the balance on 30Sep. There is no need to keep at least $100k balance continuously during the period Oct-Dec. Can contact the bank if need further confirmation.
(Note: 31Oct is public holiday)

 

[Imhthc]

Marathon $aver Promotion - In addition to the actual Registration, the next key point is to show the balance on 31Oct is at least $100k higher than the balance on 30Sep. There is no need to keep at least $100k balance continuously during the period Oct-Dec. Can contact the bank if need further confirmation.
(Note: 31Oct is public holiday)

Good point. The amount should be transferred in on 30th Oct for those who wanna transfer in the last min.

 

[waterpighead]

Good point. The amount should be transferred in on 30th Oct for those who wanna transfer in the last min.

So in short, if transfer in $ on 30 Oct wh is at least $100K > than the balance on 30 Sep, the incremental amt will be able to earn total of 3.45% (BI 3.35% + 0.05% prevailing) and 3.5% (BI 3.44% + 0.05% prevailing) for Nov and Dec respectively.
Even if I just deposit for month of Nov also can, cuz no need to maintain for all 3 months fr Oct-Dec.

I hope my above understanding is correct?

 

[hwarzoner]

received CR interest n bonus interest for public esaver September. nice

 

[xRenol]

For Marathon $aver Promotion, you can transfer at least $100,000 higher than the deposit balance on 30 Sep 2024, by 31 Oct 2024 but the average daily balance ("ADB") is used to determine the amount of Bonus Interest earned on your eligible Incremental Balance.

E.g.
Assuming you have ADB of $0 for Sep 2024 and you deposit $100,000 on 30 Oct 2024. You only earn the following Bonus Interest.

ADB for Oct 2024: [($0 x 29 days) + ($100,000 x 2 days)] / 31 days = $6,451.61
Bonus Interest for Oct 2024: ($6,451.61 - $0) x 3.30% x 31/365 = $18.08

 

[demoforce1]

For Marathon $aver Promotion, you can transfer at least $100,000 higher than the deposit balance on 30 Sep 2024, by 31 Oct 2024 but the average daily balance ("ADB") is used to determine the amount of Bonus Interest earned on your eligible Incremental Balance.

E.g.
Assuming you have ADB of $0 for Sep 2024 and you deposit $100,000 on 30 Oct 2024. You only earn the following Bonus Interest.

ADB for Oct 2024: [($0 x 29 days) + ($100,000 x 2 days)] / 31 days = $6,451.61
Bonus Interest for Oct 2024: ($6,451.61 - $0) x 3.30% x 31/365 = $18.08

how about for Nov and Dec? if I keep 100K

 

[xRenol]

how about for Nov and Dec? if I keep 100K

I believe you can find your answer from the Terms and Conditions.

The Standard Chartered Marathon $aver Promotion Terms and Conditions

 

[Imhthc]

So in short, if transfer in $ on 30 Oct wh is at least $100K > than the balance on 30 Sep, the incremental amt will be able to earn total of 3.45% (BI 3.35% + 0.05% prevailing) and 3.5% (BI 3.44% + 0.05% prevailing) for Nov and Dec respectively.
Even if I just deposit for month of Nov also can, cuz no need to maintain for all 3 months fr Oct-Dec.

I hope my above understanding is correct?

Affirmative

 

[waterpighead]

Affirmative

Thks much!

 

[GrandJedi]

for the group's consideration... https://www.ocbc.com/personal-banking/premier-banking/solutions/premier_dividend_solutions

 

[demoforce1]

I believe you can find your answer from the Terms and Conditions.

The Standard Chartered Marathon $aver Promotion Terms and Conditions

okay, so in short:
- I need to make sure to have $100K on 31st Oct over compared to 30th Sep 2024
- I will receive 3.40% for the month of Nov 2024 for the delta with 30th Sep 2024
- I will receive 3.50% for the month of Dec 2024 for the delta with 30th Sep 2024

 

[xRenol]

okay, so in short:
- I need to make sure to have $100K on 31st Oct over compared to 30th Sep 2024
- I will receive 3.35% for the month of Nov 2024 for the delta with 30th Sep 2024
- I will receive 3.45% for the month of Dec 2024 for the delta with 30th Sep 2024

Yes, that is for the Bonus Interest rate and the $100K is higher than the ADB for September 2024. There is also a Prevailing Interest rate of 0.05%.
Most important is to register for Marathon $aver Promotion.

 

[peppermint7]

Received both in-app notification and email confirming my account signing up for this promo.

 

[jasonsouza77]

just got this email:

Dear client,​ You have successfully registered for the Marathon $aver Promotion using your e$aver Account number ending with 9999.​ To enjoy step-up bonus interest on eligible incremental balance (compared to September 2024 average daily balance) from October 2024 to December 2024, remember to top up your registered e$aver Account with fresh funds such that your deposit balance on 31 October 2024 is at least S$100,000 higher than the balance on 30 September 2024.​

Enjoy 0.05% p.a. prevailing interest rate on deposit balance.​

 

[a4973]

Anyone on the Exclusive Invitation for September October and November and able to successfully register for the Marathon promotion? Thank you

 

[Imhthc]

Finally received the confirmation via the app notification and email:

You have successfully registered for the Marathon $aver Promotion using your e$aver Account number ending with xx22.​

To enjoy step-up bonus interest on eligible incremental balance (compared to September 2024 average daily balance) from October 2024 to December 2024,remember to top up your registered e$aver Account with fresh funds such that your deposit balance on 31 October 2024 is at least S$100,000 higher than the balance on 30 September 2024.​

 

[ctan84]

Finally received the confirmation via the app notification and email:

You have successfully registered for the Marathon $aver Promotion using your e$aver Account number ending with xx22.​

To enjoy step-up bonus interest on eligible incremental balance (compared to September 2024 average daily balance) from October 2024 to December 2024,remember to top up your registered e$aver Account with fresh funds such that your deposit balance on 31 October 2024 is at least S$100,000 higher than the balance on 30 September 2024.​

How many days from your registration b4 you received this email?

 

[BlackTortoise]

Received email too but went into my spam mail