Standchart eSaver

[royalmix]

Wow! Next invite will be for 6mths! I guess the rates are still not finalised cos it is dated 30 Aug.

Wah, I did not read the tnc in detail. Today I read, it is $200k minimum!

 

[nobody1968]

Wah, I did not read the tnc in detail. Today I read, it is $200k minimum!

Where did u see this? My invite ends this month and yet to receive new invite.

 

[CaptainWu]

Wah, I did not read the tnc in detail. Today I read, it is $200k minimum!

Lock in 6 months for min 200k? Think it must be above 2%?

 

[royalmix]

Lock in 6 months for min 200k? Think it must be above 2%?

Wow, you are close. I think they have finalised the invite tnc:

a = 1.5%
b = 1.8%
c. = 2%

(includes 0.05% base)

https://www.sc.com/sg/terms-and-conditions/esav-sep26a/

 

[CaptainWu]

Wow, you are close. I think they have finalised the invite tnc:

a = 1.5%
b = 1.8%
c. = 2%

(includes 0.05% base)

https://www.sc.com/sg/terms-and-conditions/esav-sep26a/

Not bad as after 30 Sep you are free to withdraw but the T&C seems not updated with what you posted, probably still in progress. Not for me as it is invited only anyway. I can't see the 2% there.

 

[Garlic & Butter]

for the by-invite tiers, now fresh funds need to be minimum S$200,000 instead of 100k liao and duration is till 28 Feb

 

[hwarzoner]

interest rate going up?

 

[sglandscape]

for the by-invite tiers, now fresh funds need to be minimum S$200,000 instead of 100k liao and duration is till 28 Feb

This is great news, but how to be invited.

 

[Cookie Muncher]

didn't get any invite

 

[royalmix]

Wow, you are close. I think they have finalised the invite tnc:

a = 1.5%
b = 1.8%
c. = 2%

(includes 0.05% base)

https://www.sc.com/sg/terms-and-conditions/esav-sep26a/

My guess = public offer Oct likely 1.8%pa

But it is still lower than my other alternatives. If I get 2%pa invite, still lower than my other alternatives.

 

[kikakika]

invite me!!!!

 

[royalmix]

invite me!!!!

Just download the tnc and send to yourself

 

[kikakika]

Sep26c basically ask u to say byebye to UOB one and OCBC 360.

 

[Panerex]

for the by-invite tiers, now fresh funds need to be minimum S$200,000 instead of 100k liao and duration is till 28 Feb

I received 2% invite up till 28 February.

Is this minimum $200k fund being locked up to end February, or do we as usual have flexibility to withdraw anytime we like at the expense of potential compromising on the bonus interest?

 

[nobody1968]

I received 2% invite up till 28 February.

Is this minimum $200k fund being locked up to end February, or do we as usual have flexibility to withdraw anytime we like at the expense of potential compromising on the bonus interest?

I always get invite b. So 1.8%. How to get invite a? Is there a minimum balance you have to maintain with the bank?

 

[nobody1968]

My guess = public offer Oct likely 1.8%pa

But it is still lower than my other alternatives. If I get 2%pa invite, still lower than my other alternatives.

What are the other alternatives and rates? Please share.

 

[CaptainWu]

I received 2% invite up till 28 February.

Is this minimum $200k fund being locked up to end February, or do we as usual have flexibility to withdraw anytime we like at the expense of potential compromising on the bonus interest?

According to practice and look at the T&C doesn't look like any lock-up, but it is not easy with the MAS rules for withdrawal above 50k, you have to quickly move out your existing funds in separate batches, and need to go to the branch to unlock if its moneylocked. All must be done by 31 Aug. Then slowly move back your fund in Sep. Its pretty rush do empty account now given that its weekend tomorrow.

 

[Panerex]

I always get invite b. So 1.8%. How to get invite a? Is there a minimum balance you have to maintain with the bank?

My AUM of cash and stocks may have helped

 

[hwarzoner]

my current 3 months invite only ends in oct. dunno got higher interest rate by then

 

[nobody1968]

The requirements state must be fresh funds. According to the tnc "Fresh funds” means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period".

So anyone knows what this means? If i have $130k as at 31 July, $50k as at 31 August and i have several deposits totalling $40k and several withdrawals totalling $120k, how much must i topup so as to get $200k fresh funds as at 30 Sept?