Standchart eSaver

[royalmix]

Didn't get. Time to whip my RM into shape.

Whip hard, then he/she send you exclusive invite tnc A!

 

[CaptainWu]

So shd transfer at least $100k out on 31 Aug and redeposit in Sep?

To be safe I transfer out today as 31 Aug is Sunday and not sure the cut off timing. Re-deposit 31 Sep is also okay, as long as you do this before the cut off, or if you want to get full Sep rate then yes you can just simply put back on 1 Sep.

 

[DevilPlate]

So public esaver (with wealth holding), existing eligible etf/stocks OK anot?
Or must buy some within the month?

 

[AST781]

So public esaver (with wealth holding), existing eligible etf/stocks OK anot?
Or must buy some within the month?

Existing is ok. Answer is from personal experience.

 

[GrandJedi]

It's hard to accept that it's random. More like there's a 'rule' for the system to identify who to invite... otherwise it's not optimising the objective.

I've not been invited for many moons... sigh. Hope to see other banks offering better rates than this 2.2% (only issue is need to merry go round)

I have not received it for a long long time.. I wonder what you need to do to trigger it? Deposit a certain amount, withdraw a certain amount within a certain time or # of transactions... 2.2% seems the best for now...

 

[vsvs24]

einvite might not always be a good thing. I am on einvite Aug to Oct for 1.75% which is the same as public rate Aug to Sep.

But I have met wealth holding in Jul which would give me 2.2% public rate for Aug to Sep. E-invite no mention of wealth holdings so I presume only get 1.75% for Aug to Oct.

 

[DevilPlate]

I have not received it for a long long time.. I wonder what you need to do to trigger it? Deposit a certain amount, withdraw a certain amount within a certain time or # of transactions... 2.2% seems the best for now...

Same…..me got once in 2021/2022 period and thats it lol

 

[peppermint7]

einvite might not always be a good thing. I am on einvite Aug to Oct for 1.75% which is the same as public rate Aug to Sep.

But I have met wealth holding in Jul which would give me 2.2% public rate for Aug to Sep. E-invite no mention of wealth holdings so I presume only get 1.75% for Aug to Oct.

They should come up with a button for you to specify if u want to join based on invite or public
This will potentially lessen the confusion.

 

[vsvs24]

They should come up with a button for you to specify if u want to join based on invite or public
This will potentially lessen the confusion.

My fault. I transferred in more than 100k in Aug which triggerred the invite. Then realise I received the invitation.

If I had checked for invite before doing the deposit, would have deposited less than 100k to remain on public rate.

 

[maumu]

My fault. I transferred in more than 100k in Aug which triggerred the invite. Then realise I received the invitation.

If I had checked for invite before doing the deposit, would have deposited less than 100k to remain on public rate.

I dun think the 'trigger' is a transfer of more than 100k... I also transferred more than 100k in Aug but didn't receive any invite.

in the end have to suck thumb and take the public rate... 2.2% (with wealth holdings)

what was the invitation rate again?

 

[vsvs24]

I dun think the 'trigger' is a transfer of more than 100k... I also transferred more than 100k in Aug but didn't receive any invite.

in the end have to suck thumb and take the public rate... 2.2% (with wealth holdings)

what was the invitation rate again?

I should have used the word "activate" instead of trigger.

I received the Aug invite. Deposit more than 100k fresh funds in Aug will activate the invite.

 

[maumu]

... Deposit more than 100k fresh funds in Aug will activate the invite.

your RM told you this?

or it's based on your speculation...?

 

[sglandscape]

your RM told you this?

or it's based on your speculation...?

Activate is correct, after you've been invited. Not sure how they decide who to invite or not

 

[vsvs24]

your RM told you this?

or it's based on your speculation...?

The tnc of invite told me this.

 

[maumu]

The tnc of invite told me this.

darn... thanks for the tip-off.

so is like luck of the draw if get the invite eventually or not. oh well...

 

[vsvs24]

darn... thanks for the tip-off.

so is like luck of the draw if get the invite eventually or not. oh well...

I think you misunderstood.

I said a few times already. I received the invite and activated it

I am not talking about how SC decides on who to invite.

 

[maumu]

I think you misunderstood.

I said a few times already. I received the invite and activated it

I am not talking about how SC decides on who to invite.

err. then how come I didn't receive the invite even though I transferred in fresh > 100k?

 

[Froggyman]

err. then how come I didn't receive the invite even though I transferred in fresh > 100k?

1) SCB invite you ( don’t know how they decide who to invite)
2) you can decide if you want to accept ( activate) the invitation by deposit of more than $100k or less

They have the choice to invite you and then you have the choice of whether to accept or not .
Of course you need to be invited then you have a choice

 

[maumu]

1) SCB invite you ( don’t know how they decide who to invite)
...

... this is precisely my question earlier... vsvs24 shared the condition to be invited is to transfer in $100k ("Deposit more than 100k fresh funds in Aug will activate the invite.").

but I didn't get the invite.

(not even talking about activate/accept)

anyway... whatever lah. no invite then no invite. will seek other alternatives... rates dropping like sai everywhere so just have to adjust one's expectations...

 

[sellbuyboy]

Just got invitation from SCB, the rate is 2.2% from Sep to Nov, same as the previous public one but for 3 months instead of 2. As usual, they send this email few days before end month to allow you to have time to withdraw before the end month as this requires 100k at Sep 30 more than Aug 31.

never get this invite also. but i dont have 100k also.