Standchart eSaver

[Imhthc]

The credit of bonus interest getting later and later.

Actually they have been paying way ahead of the date.

 

[maumu]

I finally got invited to the 2.65% special rate... with "wealth holdings"

 

[Imhthc]

I finally got invited to the 2.65% special rate... with "wealth holdings"

Isn’t this the public interest promotion? All are “invited”.

 

[maumu]

Isn’t this the public interest promotion? All are “invited”.

oh chey.. no big deal then

 

[hwarzoner]

only difference is up to 5 million deposit?

public is $2 million

 

[peppermint7]

If i have $1k wealth holdings, will i still be charged fall below fees if i have less than 1k in esaver?

 

[Imhthc]

If i have $1k wealth holdings, will i still be charged fall below fees if i have less than 1k in esaver?

No fall below fee if u r a priority banking or priority private customer. With or without Wealth holdings will get charged for fall below fee.

 

[ericcsn]

If i have $1k wealth holdings, will i still be charged fall below fees if i have less than 1k in esaver?

If you are a priority banking member, fall below fees in esaver is waived
https://www.sc.com/sg/pricing-guide/#sc-lb-module-our-product-suite

 

[havetheveryfun]

Actually they have been paying way ahead of the date.

last time was first working day of the month.

 

[peppermint7]

I'm not priority. As HSBC EGA will not charge FBF so long i keep 2k wealth products with them. I am wondering if it works the same with StanChart Esaver. Seems like they work separately. I would still need keep 1k to prevent FBF. In this case i can just buy a cheap share to get pass it.

No fall below fee if u r a priority banking or priority private customer. With or without Wealth holdings will get charged for fall below fee.

If you are a priority banking member, fall below fees in esaver is waived
https://www.sc.com/sg/pricing-guide/#sc-lb-module-our-product-suite

 

[Imhthc]

last time was first working day of the month.

This time they added this wealth holdings criteria so they may need a longer time to assess. First working day of the month will not happen anymore.

 

[Listopad]

Any minimum amount for wealth holdings ?

 

[ahchan]

I have a SC invest account and keeping some shares in the account.
Is that consider as "wealth holding" for new promotion criteria for eSaver?

I tried to check with the CSO who does not know and said will ask my RM to contact me.
And as expected, no one call me for 2 days already...

 

[yslvlys]

I have a SC invest account and keeping some shares in the account.
Is that consider as "wealth holding" for new promotion criteria for eSaver?

I tried to check with the CSO who does not know and said will ask my RM to contact me.
And as expected, no one call me for 2 days already...

Seems like no one knows what constitutes Wealth Holding and nobody cares~

 

[havetheveryfun]

Seems like no one knows what constitutes Wealth Holding and nobody cares~

we will only know early next month when the interest comes in.

for CSO and RMs , of course they don't care.

 

[ahchan]

we will only know early next month when the interest comes in.

for CSO and RMs , of course they don't care

Since CSO and RM do not care (or rather they are also unclear...), I guess it is better to skip eSaver for now until more clarities in their definition of "wealth holding".

 

[havetheveryfun]

Since CSO and RM do not care (or rather they are also unclear...), I guess it is better to skip eSaver for now until more clarities in their definition of "wealth holding".

still a decent place to put for 2.15%

 

[Scuderia]

Trying to do some equities trading for the bonus interest, is there a way to open the securities settlement account using the SC app?

 

[ThreeSteps]

Trying to do some equities trading for the bonus interest, is there a way to open the securities settlement account using the SC app?

I remember there were some options to select i.e. which mkts, currencies when applying for new Trading a/c, and then the various Settlement a/cs (SGD, HKD, USD) were all created together with the Trading a/c.

I am not sure, but maybe you need to contact the bank for this question if your Trading a/c already exist. Or perhaps try to buy in a currency/mkt which you do not already have an existing suitable Settlement a/c to see if the system prompt you to open a new Settlement a/c.

 

[hwarzoner]

Trying to do some equities trading for the bonus interest, is there a way to open the securities settlement account using the SC app?

might need to go down to sign form for different foreign trading/settlement account. i only sign up for US trading so only US stocks. no UK stocks etc