UOB privilege banking'

[mingthething]

Hi guys. If get invited to join privilege banking , should I join? No cost involved. No extra fees.
Can get better forex deal than Raffles Arcade money changer or not?
Can get better home loan and car loan interest rate or not?
Can have concierge banking like cashier cheque hand delivered to you etc ?

 

[Majestic12]

Forex rate depends on your banker's call. Your spread is his / her margin.

Home loan rates - marginal improvement - like 0.05%.

Car loan rates - no difference.

Concierge - if you give your banker sufficient business volume, they will do it by hand for you. If not can forget about it.

 

[mingthething]

Forex rate depends on your banker's call. Your spread is his / her margin.

Home loan rates - marginal improvement - like 0.05%.

Car loan rates - no difference.

Concierge - if you give your banker sufficient business volume, they will do it by hand for you. If not can forget about it.

but why the bank spread so bad compared to money changer? Like that everybody just change money at money changer. what for use banking forex?
my only contact with forex is when I change money for overseas holiday. I am certainly not touching a forex account because I do not know enough about that market... so forex doesnt affect me.

 

[wts2013]

hahaha, no harm joining, they gave me many years ago, then I closed my deposit account many years ago, this year open a/c, status still there, hahaha, can FAST 100k, hahaha

 

[limster]

UOB has 3 tiers, privilege, privilege reserve, private banking.
The lowest tier, privilege, doesn't really have many privileges

But it's free, no fall below fee, and lifetime fee waiver on visa signature. (Privilege banking does not auto-qualify for visa infinite), so you can always try.

 

[MaoZeDuo]

UOB has 3 tiers, privilege, privilege reserve, private banking.
The lowest tier, privilege, doesn't really have many privileges

But it's free, no fall below fee, and lifetime fee waiver on visa signature. (Privilege banking does not auto-qualify for visa infinite), so you can always try.

Chiu missed out wealth banking sector...

 

[limster]

wah got yet another tier.

anyway, all the experts are discussing PB in this thread, go and visit this thread and ask: http://forums.hardwarezone.com.sg/82322932-post69.html

 

[cybercom8]

Chiu missed out wealth banking sector...

wealth banking is an even lower tier than privilege

 

[MaoZeDuo]

wealth banking is an even lower tier than privilege

Yea but not bad lower tier oso hab branch at scotts square haa

 

[cybercom8]

Yea but not bad lower tier oso hab branch at scotts square haa

that's true, i prefer their wealth branches because it seems less crowded

 

[cscs3]

UOB has 3 tiers, privilege, privilege reserve, private banking.
The lowest tier, privilege, doesn't really have many privileges

But it's free, no fall below fee, and lifetime fee waiver on visa signature. (Privilege banking does not auto-qualify for visa infinite), so you can always try.

In fact is like no privilege. Sometime the Q can be as long as general counters. Another bad thing is the rm like mostly would not last more than a year. Lost track of who are them. They only call when they want to sell something.

 

[Keverus]

wealth banking sooner or later will get scrapped off de ba. just like scb's preferred banking.

 

[edwinttt1978]

Yea but not bad lower tier oso hab branch at scotts square haa

Branch at Scotts Square is no more; new branch emerges at Shaw Centre.

 

[Xasteria]

that's true, i prefer their wealth branches because it seems less crowded

Same for me.

 

[zabalang]

If I would like to be a UOB wealth banking customer, can I still leave 50k of the 100k (min. amount) in the UOB One account (and continue to enjoy the higher interest and cashback), or does all the cash have to be kept in the wealth bankings account?

 

[Xasteria]

If I would like to be a UOB wealth banking customer, can I still leave 50k of the 100k (min. amount) in the UOB One account (and continue to enjoy the higher interest and cashback), or does all the cash have to be kept in the wealth bankings account?

Is aggregated together as the AUM.

 

[focus1974]

Is aggregated together as the AUM.

loan counted in?

 

[shareholder]

loan counted in?

Normally if want to use loan as aum, the amount is much higher.

 

[Panerex]

What is the criteria for wealth and privilege banking? TIA

 

[oceanicmanta]

to start 200k for wealth, 350k for privi