Standchart eSaver

[highsulphur]

Is there an easy way to determine average monthly balance for interest calculation?

 

[GrandJedi]

I got 1.5% only. also I can't meet the requirements of $100k fresh funds higher on 31 Dec compared to 30 Nov coz my Nov ADB is high.

How are these invitations supposed to be communicated? In my January statement, I see an entry that says “Exclusive Bonus for Dec25–Feb.” When I called the help desk, they told me I was tagged to a 1.45% rate.


Firstly, I never received any invitation or notification. Secondly, based on my own calculations, the effective rate works out to only about 1% (Helpdesk says my ADB is less than my calculation) Calculation is simple because I had only $11 in the whole month of Nov and deposit are all from DBS. Thirdly, this is even lower than the normal retail promotion rate of 1.6%.


Has anyone else experienced this kind of confusion?

 

[Garlic & Butter]

Probably you had a mixture of "old funds" and fresh funds?

 

[reflecx]

How are these invitations supposed to be communicated? In my January statement, I see an entry that says “Exclusive Bonus for Dec25–Feb.” When I called the help desk, they told me I was tagged to a 1.45% rate.


Firstly, I never received any invitation or notification. Secondly, based on my own calculations, the effective rate works out to only about 1%. Thirdly, this is even lower than the normal retail promotion rate of 1.6%.


Has anyone else experienced this kind of confusion?

I also kenna Exclusive Bonus and I'm sure I didn't receive any invitation.

 

[GrandJedi]

Probably you had a mixture of "old funds" and fresh funds?

No... I only had $11 in my eSaver for the whole of Nov.

 

[GrandJedi]

I also kenna Exclusive Bonus and I'm sure I didn't receive any invitation.

DId you calculate the interest rate you received?

 

[GrandJedi]

Is there an easy way to determine average monthly balance for interest calculation?

download monthly statement and ask chatgpt.

 

[GrandJedi]

your 11 dec 1.5% is exclusive invite. If you top up today and meet this requirement - 31 Dec 2025 minus 30 Nov 2025 ADB at least $100,000 or more, SCB will take it as you are participating in the exclusive invite and valid from Dec to Feb 2026.

So far I have met this requirement as long as there is an exclusive invite so I won't be able to comment if you do not participate in the exclusive invite, will SCB assume you are going for the public eSaver BI promo.

By the way, the public eSaver BI is for FRESH funds - incremental Dec ADB compared with Nov ADB

How will SCB know if you want this excluseive invite or the public retail eSaver promo Dec 1- 31 Jan which gives 1.6%?

 

[havetheveryfun]

How will SCB know if you want this excluseive invite or the public retail eSaver promo Dec 1- 31 Jan which gives 1.6%?

they dont know

if u fulfil their requirements for invitation they will just automatically put you on the invite. if the public retail eSaver promo somehow ends up having higher interest rate than the invite one, they will give you whichever is higher rate based on my understanding.

 

[GrandJedi]

they dont know

if u fulfil their requirements for invitation they will just automatically put you on the invite. if the public retail eSaver promo somehow ends up having higher interest rate than the invite one, they will give you whichever is higher rate based on my understanding.

Thats why I am confused. Reference to my note #9208. Help desk ask me to call my RM!

 

[hwarzoner]

mine invite was for Nov 2025 to Jan 2026 and only 1.35% lol

cannot change one meh once got invited unless i move my money out,

 

[havetheveryfun]

Thats why I am confused. Reference to my note #9208. Help desk ask me to call my RM!

personally feel singapore phone help desk useless one. can try SC chat but need wait a long time.

mine invite was for Nov 2025 to Jan 2026 and only 1.35% lol

cannot change one meh once got invited unless i move my money out,

i read again the t n c this time seems like no more taking public promo interest rate if it is higher. last time one think have.

 

[reflecx]

DId you calculate the interest rate you received?

Yes, it was 1.45%

 

[Imhthc]

mine invite was for Nov 2025 to Jan 2026 and only 1.35% lol

cannot change one meh once got invited unless i move my money out,

I thought the exclusive invitation was for $100k fresh fund. Rather than move money out, u should avoid meeting the criteria of $100k fresh fund top up so that u will be automatically be eligible for the public interest then bring more fund in after the month.

 

[Mickey01]

they dont know

if u fulfil their requirements for invitation they will just automatically put you on the invite. if the public retail eSaver promo somehow ends up having higher interest rate than the invite one, they will give you whichever is higher rate based on my understanding.

this clause was removed long time ago .... if I remember correctly, it was removed second half of 2024.

 

[Mickey01]

Thats why I am confused. Reference to my note #9208. Help desk ask me to call my RM!

if you are invited for the Dec 2025 to Feb 2026 1.45% exclusive Invite, account balance (NOT ADB) on 31 Dec 2025 compared to 30th Nov 2025 account balance is $100,000 or more, that means you accepted the invite. The bonus interest will be 1.40% of Dec 2025 ADB. Prevailing will be 0.05% of account balance.

If you did not meet the $100,000 or more requirement, whether SCB will automatically place you on the public eSaver Promotion Dec2005 to Jan 2026, I am not sure as I have not tried before.

 

[GrandJedi]

if you are invited for the Dec 2025 to Feb 2026 1.45% exclusive Invite, account balance (NOT ADB) on 31 Dec 2025 compared to 30th Nov 2025 account balance is $100,000 or more, that means you accepted the invite. The bonus interest will be 1.40% of Dec 2025 ADB. Prevailing will be 0.05% of account balance.

If you did not meet the $100,000 or more requirement, whether SCB will automatically place you on the public eSaver Promotion Dec2005 to Jan 2026, I am not sure as I have not tried before.

Because I topped up $100k, I ended with the lower 1.45% instead of the retail promo of 1.6%? It does not make sense to me...

 

[GrandJedi]

I also kenna Exclusive Bonus and I'm sure I didn't receive any invitation.

Did you find out what happened?

SCB shortchanged us 0.15%? The retail public interest is 1.6%. This exclusive invitation interest is only 1.45%.

Seems like I will not know what interest I will receive until its too late.

 

[Mickey01]

Because I topped up $100k, I ended with the lower 1.45% instead of the retail promo of 1.6%? It does not make sense to me...

did you check the spam folder of your contact email that the invite was not posted there? Most of the time I received the SCB invite via email or SMS, only a couple of times via app notifications. Maybe it is my settings within the app

 

[GrandJedi]

If it does not make sense, then do not topup and do not particpate in the invite

Haha ok.. Let me try asking it another way... is there a way to get 1.6% for more than $100k on eSaver (in other words "un-invite" one-self)?