Standchart eSaver

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AST781

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ckman3 said:
How does one interpret clause 5 of the TnC for this invitation promotion that compares Jul ADB against May ADB and the incremental ADB gets 2.6%?
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Huh what do you mean how? If your May ADB is $50 and your Jul ADB is $150, only the difference which is $100 will get the bonus 2.6% (provided you got hold the products needed).
 
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Mickey01

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ckman3 said:
How does one interpret clause 5 of the TnC for this invitation promotion that compares Jul ADB against May ADB and the incremental ADB gets 2.6%?
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My colleague show me the T&C and ask me the same question. This is what I think -
1. 100% ADB for Jul - Sep gets 2.35% BI (subjected to a max of $5,000,000)
2. Jul ADB (for example $100) compared to May ADB (for example $30) - the difference $70 gets additional BI of 0.25% p.a. (2.6% - 2.35%)
 
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Mickey01

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AST781 said:
Huh what do you mean how? If your May ADB is $50 and your Jul ADB is $150, only the difference which is $100 will get the bonus 2.6% (provided you got hold the products needed).
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The July 2025 eSaver Exclusive Invite is for 3 months Jul to Sep do not need Wealth Holdings (public eSaver Promo Jul & Jul).
 
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AST781

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Mickey01 said:
The July 2025 eSaver Exclusive Invite is for 3 months Jul to Sep do not need Wealth Holdings (public eSaver Promo Jul & Jul).
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Is there public esaver promo from Jul to Sep? No right? Coz on the website its still the June / July promo.
 
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Mickey01

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AST781 said:
Is there public esaver promo from Jul to Sep? No right? Coz on the website its still the June / July promo.
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no .... the next launch for public esaver promo should be for months Aug-Sep (probably will be announced on 31 Jul 2025. if not announce on 1 Aug 2025)
 
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ckman3

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Mickey01 said:
My colleague show me the T&C and ask me the same question. This is what I think -
1. 100% ADB for Jul - Sep gets 2.35% BI (subjected to a max of $5,000,000)
2. Jul ADB (for example $100) compared to May ADB (for example $30) - the difference $70 gets additional BI of 0.25% p.a. (2.6% - 2.35%)
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That is what I thought. Believe in the past, the TnC mentioned that should the public rate exceed the invitation rate, they will top up the rate. Since current public promotion overlaps the new invitation period, the incremental ADB is pegged to 2.6 just for July ADB only.
 
peppermint7

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ahnyaahnya said:
Oic.
Was this offer for all account holders or for priority/ premier ( or whatever they call it )?
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This is for Public who join their e$aver Savings Account Promotion (1 June 2025 to 31 July 2025)

To get 2.65% u need to fulfill the wealth portion. Otherwise u only get 2.15%

What’s the definition of “Customers with wealth holdings”?

Customers with wealth holding are defined as customers who hold either an Eligible Investment Product or Insurance Product purchased through the bank. An “Eligible Investment Product” refers to (i) Unit Trust(s), (ii) Bonds, (iii) Structured Notes, or (iv) Equities, with exclusion of foreign currency exchange transactions; and investments using the Central Provident Fund Investment Scheme / Supplementary Retirement Scheme.

Your eligible Bonus Interest Rate is assessed based on your wealth holdings at the end of each calendar month during the promotion period.

https://www.sc.com/sg/save/savings-accounts/esaver/
 
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