Standchart eSaver

[yslvlys]

I don't think all SGX ETFs are excluded for BonusSaver. It states 'SGX ETF restrictions', which refers to ETFs which are restricted from trading on SGX. Rule of thumb is that if u can buy it via SC online trading, it should qualify.

Seems quite clear what constitutes wealth holdings for eSaver - essentially any investment product u can buy via SC under the broad categories of UT, bonds, structured notes, and equities.

This is what one would assume and hopefully it's right. It's not so clear that's why last few pages pple have been asking.

 

[maumu]

just to throw in a spanner - the bank agent whom I met to open my BS and bought UT said that ETFs are not included in the eligibility for the BIs for BS.

idk why really...

but I think it's best to get black and white from your RM. my RM bo hiew me and threw me to the agent :\ maybe see me no up.

but anyways, if it's for eSaver, I think any product purchased as wealth holdings would suffice as based on their TnC.

for BS, since need to buy $20k, better to get a UT which has least volatility, so that can offload anytime. not sure about equities - although cheaper (fees), may be subjected to higher fluctuations?

 

[yiron]

just to throw in a spanner - the bank agent whom I met to open my BS and bought UT said that ETFs are not included in the eligibility for the BIs for BS.

idk why really...

but I think it's best to get black and white from your RM. my RM bo hiew me and threw me to the agent :\ maybe see me no up.

but anyways, if it's for eSaver, I think any product purchased as wealth holdings would suffice as based on their TnC.

for BS, since need to buy $20k, better to get a UT which has least volatility, so that can offload anytime. not sure about equities - although cheaper (fees), may be subjected to higher fluctuations?

SC RMs are honestly not the best of the lot.

 

[shinshin]

Hi, I placed a 20k sc invest (their in-house ut) on 19th morning via mobile app. Up to now, still pending... Anyone encounter such issues?
I already have existing ut account so won't be an issue.

The hotline can't help and I don't wanna trouble my RM since they r not earning anything.

 

[peppermint7]

just to throw in a spanner - the bank agent whom I met to open my BS and bought UT said that ETFs are not included in the eligibility for the BIs for BS.

idk why really...

but I think it's best to get black and white from your RM. my RM bo hiew me and threw me to the agent :\ maybe see me no up.

but anyways, if it's for eSaver, I think any product purchased as wealth holdings would suffice as based on their TnC.

for BS, since need to buy $20k, better to get a UT which has least volatility, so that can offload anytime. not sure about equities - although cheaper (fees), may be subjected to higher fluctuations?

Not sure if they can be trusted, especially they are not the marketing department and they interpret base on their understanding just like us.

Based on the tnc, under eligible UT, they specifically stated ETF not counted.

But if we purchase let's say STI ETF, it is under equity not UT. Which the tnc only says exclude SGX ETF restrictions. Not all ETFs. It also doesn't make sense to exclude them when they are relatively safer than equity.

I guess we have to seek more clarity on this.

 

[Listopad]

Hi, I placed a 20k sc invest (their in-house ut) on 19th morning via mobile app. Up to now, still pending... Anyone encounter such issues?
I already have existing ut account so won't be an issue.

The hotline can't help and I don't wanna trouble my RM since they r not earning anything.

I did mine this week , reflected within 2 days under SC Invest tab, Explore SC portfolio box, I see it reflected. It’s not reflected in the home page like my other eq holdings of the bank .

 

[Kayeesha]

My e$aver bonus promotion for Apr to Jun (by invite) ends this month. Didn't receive any email about extension, so need to think where to move funds to now.

Anyone in the same situation or any suggestions where to move the funds to? Thanks.

 

[cybertech]

This eSaver account is it when transfer out the whole amount to let it become zero and will be automatically close? KNN refuse to waive my SIMPLY and SPREE annual fee nvm I cancel the cards and cut ties with SC.

 

[maumu]

This eSaver account is it when transfer out the whole amount to let it become zero and will be automatically close? KNN refuse to waive my SIMPLY and SPREE annual fee nvm I cancel the cards and cut ties with SC.

tiagong the account will just lay dormant... no fbf if you are under Priority.

if not, better close with the bank and cut ties completely.

 

[tiertime]

Does anyone knows if Standchart give interest for transfers deposited on Saturdays and Sundays?
Is there a cut off time ?

 

[Mickey01]

My e$aver bonus promotion for Apr to Jun (by invite) ends this month. Didn't receive any email about extension, so need to think where to move funds to now.

Anyone in the same situation or any suggestions where to move the funds to? Thanks.

sometimes the new Exclusive Invite via email can be as late as last business day of the ending month.

 

[Kayeesha]

sometimes the new Exclusive Invite via email can be as late as last business day of the ending month.

I see. That’ll make planning more difficult especially if they are going to change the eligibility criteria (for the higher rate) with this wealth holdings thingy.

Thanks, @Mickey01.

 

[JetStorm]

My e$aver bonus promotion for Apr to Jun (by invite) ends this month. Didn't receive any email about extension, so need to think where to move funds to now.

Anyone in the same situation or any suggestions where to move the funds to? Thanks.

Mine is similar to yours but my funds are in Maybank Isavvy,

As of today, only 3 choices with more than 2.5% pa are available for the month of July 2025.

1) OCBC 360 for 3.3% on 100K (Assuming can hit salary spend & save category)
2) BOC Super Saver for 2.62% for 100K (Need to link mobile number paynow to that account)
3) OCBC Fresh Funds promo for 2.58% (Need to fund and register by 30 Jun. Min 80K and lock in for 88 days)

 

[Kayeesha]

Mine is similar to yours but my funds are in Maybank Isavvy,

As of today, only 3 choices with more than 2.5% pa are available for the month of July 2025.

1) OCBC 360 for 3.3% on 100K (Assuming can hit salary spend & save category)
2) BOC Super Saver for 2.62% for 100K (Need to link mobile number paynow to that account)
3) OCBC Fresh Funds promo for 2.58% (Need to fund and register by 30 Jun. Min 80K and lock in for 88 days)

Appreciate your sharing, @JetStorm.

Went to the Toa Payoh BOC branch yesterday to open the Super Save. Was told that it will take a couple of weeks. Last time, it only took a day.

 

[JetStorm]

Appreciate your sharing, @JetStorm.

Went to the Toa Payoh BOC branch yesterday to open the Super Save. Was told that it will take a couple of weeks. Last time, it only took a day.

Weeks? Wow since when they became so slow ****

 

[Kayeesha]

Weeks? Wow since when they became so slow ****

I was told things have changed and if there is no issue with my application, the earliest I can get my Super Saver opened is end of next week because they will be posting the letter with the details to me.

 

[arthur64]

Appreciate your sharing, @JetStorm.

Went to the Toa Payoh BOC branch yesterday to open the Super Save. Was told that it will take a couple of weeks. Last time, it only took a day.

Wah sian.. thinking of going branch apply IB and open Super saver for wife and myself

 

[JetStorm]

Wah sian.. thinking of going branch apply IB and open Super saver for wife and myself

Try other branches like AMK or Chinatown to see if its faster? But lets not digress bah. Any BOC stuff got a BOC thread we can discuss there.

 

[arthur64]

If I open esaver account in Jun and top up in Jul, I can earn the bonus interest on the increment balance, right?

 

[sibeiTrolled]

If I open esaver account in Jun and top up in Jul, I can earn the bonus interest on the increment balance, right?

Promotion for Jun and July are both compared against May 2025, so you can acutally just top up the amount you want and leave it there till 1st August and get the bonus interest for both Jun and July.