Standchart eSaver

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ThreeSteps

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vbhelper said:
bought $20k unit trust to meeting wealth holding criteria, lost $150 after a day :cry:
somemore is SC preferred fund
Click to expand...
For e$aver Bonus Interest promo, please refer to the actual t&cs:
https://av.sc.com/sg/content/docs/sg-esaver-account-tnc.pdf

There is no mention of the minimum amount required for ‘wealth holdings’ in the t&cs. Any amount is ok
eg. $100, $500, $1k, $2k etc. There are also people in this forum talking about $1.
 
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peppermint7

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maumu said:
just wondering - do we need to have the SC online trading account set up first before we can buy UT?

after reading the past few posts about the confusing opening process with SC, I'm wondering if I'm doing it correctly.

the settlement accounts are up liao, but no investment account number yet (system still prompting me to open an online trading account despite me already submitted once).

this "UT trading account" is *another* account that we need to open after the online trading account is up?

very mafan...

p.s. haven't done the CAR (customer account review) yet as well - I think need to wait for trading account to be up first?
Click to expand...
Settlement Account up means successfully open liao, the equity trading account. U no need to reapply again. Just wait for about 5 days it'll auto allow u to trade.

UT acc is the mafan one. Until now i didn't set it up. But there's a forumner here manage to set up without issue. Mayb can follow his step..

koolkool said:
I will just note down my experience for those who are opening the unit trust account online. I managed to open the unit trust account online last week. For those who is applying the unit trust online, I don't select the bonus saver option for the foreign currency but just link to my esavers account. The account will be opened but you can't trade until you complete the investment profile. Initially when i try to click on the button to create my investment profile but it keep giving error and asked me to go to the branch. Tried clicking on this button a few days same issue. Eventually after like 5 days, I tried to play around with buying of unit trust to get myself familiar, and along the steps, it prompted me the investment profile setup. So now this investment profile setup is also done. But I don't find any "safe" unit trust in scb to invest for the additional interest.
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peppermint7

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maumu said:
I guess the rest can benefit with eSaver (cos also satisfied the "wealth holdings" criteria)?

kill two birds with one stone...
Click to expand...
When you sell the following month do remember to keep a little holdings there to satisfy esaver wealth criteria.
 
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maumu

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peppermint7 said:
Settlement Account up means successfully open liao, the equity trading account. U no need to reapply again. Just wait for about 5 days it'll auto allow u to trade.

UT acc is the mafan one. Until now i didn't set it up. But there's a forumner here manage to set up without issue. Mayb can follow his step..
Click to expand...
am wondering if opening ut account is the same as opening "Standard Chartered Online Mutual Fund" account? that's what the header says when I tried to apply...

... and it's also prompting me to choose the currency for Bonus Saver account. seems like no option not to open (even though I have eSaver account).

how sia lydat... :o
 
peppermint7

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maumu said:
am wondering if opening ut account is the same as opening "Standard Chartered Online Mutual Fund" account? that's what the header says when I tried to apply...

... and it's also prompting me to choose the currency for Bonus Saver account. seems like no option not to open (even though I have eSaver account).

how sia lydat... :o
Click to expand...
Yes that's the one.

I'm now trying live to open again..

2nd page, select acc to link with online mutual fund.
- I select SGD and select my esaver acct number.
- leave all other currencies out.
- tick confirm

3rd page, upload signature

4th and 5th nothing much. Just confirm and that's it.

This time round it seems easier. It says Application Submitted with a Ref no. given. It says will contact me once acc is open via sms.

Thanks @koolkool for your guidance :)
 
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maumu

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actually can we buy ETFs (under Online Equities)? a bit confused by the terms and conditions:

Eligible Unit Trust means a Unit Trust made available through the Bank and which comprises (i) a minimum investment sum of S$20,000 (or its equivalent in another currency) in a single subscription, but does not include:
  • exchange traded funds;
  • investments via regular savings plans; and
  • switching transactions.
Eligible Online Equities refer to shares that are tradable on SC Online Trading, but does not include the following:
  • delisted or suspended shares;
  • shares that are in certificate form;
  • warrants;
  • LPS securities;
  • US OTC securities;
  • SGX ETF restrictions;
  • securities sanctioned by the Bank’s internal policies; and
  • shares subject to regulatory and compliance restrictions.
 
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peppermint7

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For those of you who have unit trust account opened, is it normal to have a new account show up? I'm referring to SGD Cheque and Save account. Not sure what's the purpose for this account especially i already have esaver..
 
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maumu

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peppermint7 said:
For those of you who have unit trust account opened, is it normal to have a new account show up? I'm referring to SGD Cheque and Save account. Not sure what's the purpose for this account especially i already have esaver..
Click to expand...
I think that should be the bonus$aver account?
 
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maumu

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peppermint7 said:
This isn't apparently. This time round i open i don't see any bonus saver suggestions show up unlike the first time i tried to open.
Click to expand...
really strange.. did you already submit application for bonussaver account before this?
 
addict951

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maumu said:
actually can we buy ETFs (under Online Equities)? a bit confused by the terms and conditions:

Eligible Unit Trust means a Unit Trust made available through the Bank and which comprises (i) a minimum investment sum of S$20,000 (or its equivalent in another currency) in a single subscription, but does not include:
  • exchange traded funds;
  • investments via regular savings plans; and
  • switching transactions.
Eligible Online Equities refer to shares that are tradable on SC Online Trading, but does not include the following:
  • delisted or suspended shares;
  • shares that are in certificate form;
  • warrants;
  • LPS securities;
  • US OTC securities;
  • SGX ETF restrictions;
  • securities sanctioned by the Bank’s internal policies; and
  • shares subject to regulatory and compliance restrictions.
Click to expand...
Quote 一下
So with the above, esp “Eligible Online Equities” part.
问大家：
So just buy a few AAPL or REITs then my esavers will be eligible for 2.65% liao hor? :look: 没错 hor :look:
 
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