QUOTE(crazy25kid @ Nov 11 2014, 11:22 AM)
if u really cannot make the minimum sum average, there will be a penalty
depending on the bank, the minimum sum and penalty varies
for example
dbs/posb is sgd2, citibank is sgd10 for penalty
minimum sum is also different for banks....dbs/posb is 500 or 100, citibank is 5000 after 6 months (first 6 months no minimum sum), cimb does not have a minimum sum
QUOTE(crazy25kid @ Nov 11 2014, 11:24 AM)
u can always go for prepaid first
costs u a lot less
The banks without minimum sums sound like a good alternative, or else I'll just have to brace for penalties for at most 2 or 3 months.
Good alternatives, thanks!
QUOTE(seantang @ Nov 11 2014, 01:26 PM)
If you can negotiate a salary advance, or better yet... get the hiring company to provide temporary accommodation/moving costs or pay you a sign-on bonus - problem solved.
You might want to add moving costs (for yourself and your barang-barang) to your list. And first month expenses are always much higher... as you're running around looking for accommodation, getting your documents, medical check, buying necessities or white goods to set up yourself, open bank account, phone line, get to work early initially to make a good first impression etc... so you might want to budget for some of taxi rides, additional public transport trips or even bottles of water to drink when running around.
$300 for food? That's $10 a day... like you chap fan with no drinks every meal, every day (or one Big Mac meal each day). If you have a thing for coffee or cakes or junk food or have a sweet tooth or a girlfriend... you can safely double this amount.
Those seem to be the best case scenarios, it'll really my "selling" power. But never hurts to ask.
Exactly! Plus I haven't even factor in the costs for trips down to SG for initial interviews. Though at least I now have a good base to plan on.
I don't mind luxurious treats that's for sure, but I can be really frugal when need be. That budget's only for the first month anyway
Thanks for the input!