Standchart eSaver

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hip_programs

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With a statement like that, it means if I move 20K to eSaver these two months, I will get 2.5% until their next rate change, right?
The other interpretation is until 31 May.

e$aver Savings Account Bonus Interest Promotion (1 April 2025 to 31 May 2025)​

From 1 April 2025 to 31 May 2025, earn up to 2.50% 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 2025 average daily balance)
 
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sibeiTrolled

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hip_programs said:
The other interpretation is until 31 May.
Click to expand...
Headline details do matter (in the TNC) so there is only 1 interpretation

Base 0.05% PA + bonus 2.45% PA from 1st April 2025 till 31st May 2025 on the incremental balance over comparison month ADB

Read through the TnC - https://av.sc.com/sg/content/docs/sg-esaver-account-tnc.pdf
Bonus given out the by the 20th calendar date of the following month
Once june comes, there maybe new promo or no more other promo depending on SCB
hip_programs said:
it means if I move 20K to eSaver these two months, I will get 2.5% until their next rate change, right?
Click to expand...
6. If the ADB in the Qualifying Account(s) for any calendar month during the Promotion Period: a. is higher than the ADB for March 2025 ("Comparison Month"), you will earn Bonus Interest on the difference between the ADBs for those 2 months ("Incremental Balance"); and b. is either equal to or lower than the ADB for the Comparison Month, you will not earn any Bonus Interest.
 
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HOT123

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vsvs24 said:
No wonder.

Thanks for sharing.
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Actually I don't think we ever know the real triggered. I am the secondary account holder that I have fund inside, the other one which I am the primary account holder, I have minimal amount in there. I did a transfer between my own account as well as transferred fresh fund in this morning. I own 2 accounts for a long long time and have never received any invitation all this while
 
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vsvs24

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HOT123 said:
Actually I don't think we ever know the real triggered. I am the secondary account holder that I have fund inside, the other one which I am the primary account holder, I have minimal amount in there. I did a transfer between my own account as well as transferred fresh fund in this morning. I own 2 accounts for a long long time and have never received any invitation all this while
Click to expand...
HOT123 said:
I withdrew and bought scb cio funds in Mar
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SCB cio funds is some kind of investment right ? Likely this is the trigger.

SCB has 3 invite rates. Yours is the highest rate.
 
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HOT123

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vsvs24 said:
SCB cio funds is some kind of investment right ? Likely this is the trigger.

SCB has 3 invite rates. Yours is the highest rate.
Click to expand...
I had several investments with scb previously too, unless cio fund is the specific one that scb recognised or is that the amount that I subscribed is considered significant enough
 
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