Standchart eSaver

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GrandJedi

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GrandJedi said:
For the priority customers here, why dont you play "merry-go-round" with Wealth $aver? (but it seems more complicated than eSaver)

https://www.sc.com/sg/save/current-...N8OqLq5mq4OKw5Y1YijuDDEUZcBo_FOhoC_n4QAvD_BwE
Click to expand...

For the complexity and hoops you need to jump over, even in the ideal case, I think you will only get slightly 0.3% more than eSaver at exactly $1.5M (Above $1.5M you are getting a lower interest rate) If you have AUM less than < $1.5M, at best you get 2% (assuming you do not go for the the $200k investment booster).

This is just an academic exercise for me (to qualify, need lots of $$$). Seems like product manager is trying to lock in the big whales but really giving them very little in return (by confusing them). :cool:
 
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rubicon

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GrandJedi said:
For the complexity and hoops you need to jump over, even in the ideal case, I think you will only get slightly 0.3% more than eSaver at exactly $1.5M (Above $1.5M you are getting a lower interest rate) If you have AUM less than < $1.5M, at best you get 2% (assuming you do not go for the the $200k investment booster).

This is just an academic exercise for me (to qualify, need lots of $$$). Seems like product manager is trying to lock in the big whales but really giving them very little in return (by confusing them). :cool:
Click to expand...
it's not confusing...just put $100k in bonus saver, $200k in unit trust and the rest in wealth saver. monthly salary and $1k credit card a month
 
A

ahnyaahnya

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vsvs24 said:
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.
Click to expand...
How to activate? Just deposit the money will automatically activate, yah?
 
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ahnyaahnya

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maumu said:
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?
Click to expand...
My invite for September 1.8% only. No wealth holdings
 
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ahnyaahnya

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I can't find thread for HSBC.
So I ask here, can?
Their Sept EGA interest rate is only for one month?
 
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maumu

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I'm surprised it's so early (y) usually the BI will only come in around 20th...
 
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