Starting 1 Nov 2011, those with SCB Online Banking should keep an eye open for the first payout of the 5% interest promotional rate.
Do report in....
Fixed Deposit Rates in Malaysia V2, Read 1st post to find highest rate.
Fixed Deposit Rates in Malaysia V2, Read 1st post to find highest rate.
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Oct 30 2011, 11:31 PM
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#1
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
Starting 1 Nov 2011, those with SCB Online Banking should keep an eye open for the first payout of the 5% interest promotional rate.
Do report in.... |
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Oct 31 2011, 09:58 AM
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#2
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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Nov 1 2011, 09:00 AM
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#3
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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Nov 1 2011, 10:50 AM
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#4
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(base7632 @ Nov 1 2011, 10:35 AM) Standard chartered e-saver account: The interest of RM53.47 is part of the normal eSaver interest. Refer to table above.What is the formula for calculating interest ? ADB= Total day end balance / Days account opened in that month Interest for the month = ADB*5%*(Days account opened in that month)/365 DAys account opened in that month = 8 I received an interest today Nov 1 of RM 53.47, appreciate if any insider could tell me if my formula is correct? I can't seem to get what they are getting. The 5% portion is NOT IN YET |
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Nov 3 2011, 02:22 PM
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#5
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
Official T&C states 3rd working day.
I will call SCB if my promo interest doesn't appear on 4th Nov ;-) |
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Nov 3 2011, 11:00 PM
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#6
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(wu ming @ Nov 3 2011, 07:41 PM) SCB 5% FD rate is not limited to 20000 Customers lah... don't confuseGo read the T&C : http://www.standardchartered.com.my/person...rpromo/tnc.html |
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Nov 3 2011, 11:36 PM
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#7
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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Nov 4 2011, 10:52 AM
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#8
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
My eSaver account shows the "Bonus Interest - October".
Correct calculation of 0.6% + 4.4% to yield 5% Those with SuperSalary may need to call SCB CS to clarify the discrepancy. Possibly is the calculation of ADB |
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Nov 5 2011, 11:59 AM
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#9
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
Confirm information from SCB 5% Promo Rate
1. The 5% is calculated : start from the transaction date of the cheque deposit (not cheque clearance) 2. The Bonus Interest would be addition to normal E$aver month-end interest. 3. Interest credited on 3rd working day, posted on the 4th working day. This post has been edited by ronnie: Nov 5 2011, 12:00 PM |
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Nov 5 2011, 12:01 PM
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#10
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(tifosi @ Nov 4 2011, 12:07 PM) Mine also does not tally up. It is slightly more than 5% I think. For example if my interest for the 1.5% is RM 30, theoretically the remaining 3.5% should be RM 70. But it is not. Make sure your calculation of Average Daily Balance (ADB) is correct.Maybe my calculation is slightly out because I deposited a few times into it during the month of Oct but I am sure is not flat rate 5%. Might be compounded 5%. Someone ought to calculate that. I am not very good at it. |
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Nov 8 2011, 10:24 AM
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#11
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(activez @ Nov 8 2011, 10:03 AM) Any other promotions from bank? You just missed the boat with SCB's promo rate.... Wanna add RM30k to my SCB account ?? ;-)I need to park RM30k for November and December. Will need to withdraw in Jan 2012. Dont want it to lay idle in FD 3% pa Try out HLB's promo FD rate of 3.8% but for 12 months |
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Nov 11 2011, 12:08 AM
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#12
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(justanovice @ Nov 10 2011, 08:39 PM) hi ronnie, so if i top up in the month of Nov / Dec, the top up amount is eligible for the 5%? account opened in Oct. Of course your top-up amount + base amount gets the 5% assuming the ADB for Nov & Dec >RM3000Coz somehow i read somewhere saying can only top up in Oct.. i might be very wrong.. thx Eg. October : RM10000, 1st November add RM10000 November's 5% promo will be calculated based on RM20000 |
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Nov 29 2011, 02:07 PM
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#13
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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Dec 3 2011, 05:54 PM
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#14
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
the SCB promo bonus FD rate will get within 5 working days after end of the previous month.
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Dec 4 2011, 11:32 AM
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#15
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
The e$aver Bonus Interest creditted on 3 Dec 2011 also.
Based on my calculation, the ADB for November was based on 30 days This post has been edited by ronnie: Dec 4 2011, 11:33 AM |
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Dec 7 2011, 08:03 AM
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#16
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(gsc @ Dec 7 2011, 02:21 AM) I opened account on 1 Oct till now I didnt receive any statement or email or e-statement. Today receive a call from Std Bank and asked me what is my email. I told her over the phone and she said I must drop in the bank to give the email address. Did you open a SCB Online Banking account... the eStatement (Cosolidated) is available there.WTF............................................................... (walau tak faham), eSaver and yet no e-statement or anything |
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Dec 10 2011, 11:22 AM
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#17
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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Dec 11 2011, 01:45 AM
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#18
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(heavenly91 @ Dec 11 2011, 01:28 AM) Bro, the rules state that no mlm scheme. Use uncle google lah... we don't spoon feed info which are so simple where you learn in SPMThe no homework rule only applies for education corner. Just admit you are not willing to share your knowledge. This thread is made to discuss about fd so I have the rights to ask for guidance. Or else this thread beats the purpose. If you talking about shares maybe you won't want to share your secret but this is fd. Even you know the kungfu the bank won't give you any privillege. I duno what you will get by not sharing the knowledge but what makes you and me different is I have the guts to try and share it out while you don't. |
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Dec 25 2011, 12:10 PM
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#19
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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Dec 28 2011, 11:25 PM
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#20
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(MGM @ Dec 28 2011, 09:10 PM) Can we clear out our deposit (but leave a token sum behind) from SCB on 30dec and still earned the 5% interest(for 29 days) as long as the ADB is > rm3000? Should be OK as long as Average Daily Balance more than RM3k in Dec 2011I think can but just want to reconfirm. |
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