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 Working in Singapore V19, All About Living in The Little Red Dot

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jojolicia
post Feb 24 2017, 11:59 AM

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QUOTE(KilJim @ Feb 23 2017, 10:39 PM)
I just checked my POSB to confirm, there's no such charge with my balance around 1.5k
Maybe for DBS only
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I think yours is SPEP acc. min fall below <1K

This post has been edited by jojolicia: Feb 24 2017, 12:00 PM
KilJim
post Feb 24 2017, 12:16 PM

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QUOTE(jojolicia @ Feb 24 2017, 11:59 AM)
I think yours is SPEP acc. min fall below <1K
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Yup the default account they opened for me as my first payroll account

Why bother opening one with a higher requirement, unless you want the benefits (if any)
Especially for your first SG account
jojolicia
post Feb 24 2017, 12:41 PM

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QUOTE(KilJim @ Feb 24 2017, 12:16 PM)
Yup the default account they opened for me as my first payroll account

Why bother opening one with a higher requirement, unless you want the benefits (if any)
Especially for your first SG account
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need a joint named acc with my wife; not holding any work pass.
just opened one in posb, opening 3K; min fall below <3K (still subject to approval)

KilJim
post Feb 24 2017, 01:22 PM

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Sure that's a good reason
But i doubt the original poster of the question is in that situation, being his first week in SG

On a side note, the 3k probably isn't going to be an issue if its the joint account

This post has been edited by KilJim: Feb 24 2017, 01:22 PM
deodorant
post Feb 24 2017, 10:05 PM

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QUOTE(jojolicia @ Feb 24 2017, 12:41 PM)
need a joint named acc with my wife; not holding any work pass.  just opened one in posb, opening 3K; min fall below <3K (still subject to approval)
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my dbs spep acct is joint acct with wife leh.
Also same like others here, $1000minimum.
shiloong7081
post Feb 24 2017, 11:21 PM

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QUOTE(misunderstoodguy @ Feb 23 2017, 10:12 PM)
Not sure if someone can help me. I am considering to apply for jobs in singpore and was wondering, what would be a good base to put as my 'expected salary'. For positions and companies like EY or Deloitte as a Manager in Advisory?
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Audit managers are getting around 6k. you might want to add a mark up of 10-20%?
WallChecker
post Feb 25 2017, 12:25 AM

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QUOTE(IwanAGP @ Feb 24 2017, 08:49 AM)
Foreigner (SP/EP) holder they will give SPEP account.

POSB Savings – SPEP Account  S$2.00 per month S$1,000

I also just discovered this last month. Tio charge last 2 months coz now mainly using OCBC always keep below 1k in POSB doh.gif
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Yes, $2 on SPEP account.

FYI to everyone on DBS/POSB account: http://www.dbs.com.sg/personal/support/ban...-below-fee.html

I am going to check out OCBC360 see if it's that good biggrin.gif
knwong
post Feb 25 2017, 10:52 AM

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QUOTE(WallChecker @ Feb 25 2017, 12:25 AM)
Yes, $2 on SPEP account.

FYI to everyone on DBS/POSB account: http://www.dbs.com.sg/personal/support/ban...-below-fee.html

I am going to check out OCBC360 see if it's that good  biggrin.gif
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OCBC 360 pay better interest. Most of my money is in this account. Interest payment alone $100+- per month. Can cover my makan expenses. Syukur rclxms.gif
MyHeArtb3Ating
post Feb 25 2017, 07:41 PM

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any software developer working in singapore ? how your life there ? very talented peers ? feel stress or not ? to be honest i just a so so java developer not so talent can survive there or not ?
having 6 years experiences here, senior java developer can get SGD 6K now ?
IwanAGP
post Feb 25 2017, 08:56 PM

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QUOTE(knwong @ Feb 25 2017, 10:52 AM)
OCBC 360 pay better interest. Most of my money is in this account. Interest payment alone $100+- per month. Can cover my makan expenses. Syukur  rclxms.gif
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OMG 100+-. You using their credit card and pay 3 bills etc also?

I don't have 3 bills to pay every month doh.gif
zephyrus9999
post Feb 25 2017, 10:51 PM

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QUOTE(IwanAGP @ Feb 24 2017, 09:35 AM)
biggrin.gif OCBC 360 interest too good. Dump all my savings there. The interest difference is like 40 times. i.e. $4 vs $0.4 something like that doh.gif

So... That $2 fall below fee actually also not much compared to the interest given by OCBC360 biggrin.gif
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does the bonus takes into account the monies we have in their time deposit?

so... interest calc is based on first 60k. Does the time deposit make up part of the 60k? I cant find in the faq maybe I'm blind
knwong
post Feb 25 2017, 11:23 PM

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QUOTE(IwanAGP @ Feb 25 2017, 08:56 PM)
OMG 100+-. You using their credit card and pay 3 bills etc also?

I don't have 3 bills to pay every month doh.gif
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Yes. I qualify all, salary, cc, 3 GIROs except for their investment bonus

QUOTE(zephyrus9999 @ Feb 25 2017, 10:51 PM)
does the bonus takes into account the monies we have in their time deposit?

so... interest calc is based on first 60k. Does the time deposit make up part of the 60k? I cant find in the faq maybe I'm blind
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I don't think so. Must buy their fund, unit trust, etc. I'm not interested in those thus never bother.
Just drop OCBC a visit to understand more. Worth the time since this give you $100 x 12 moo lah a year
IwanAGP
post Feb 25 2017, 11:39 PM

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QUOTE(zephyrus9999 @ Feb 25 2017, 10:51 PM)
does the bonus takes into account the monies we have in their time deposit?

so... interest calc is based on first 60k. Does the time deposit make up part of the 60k? I cant find in the faq maybe I'm blind
*
I don't think so... I think I saw it somewhere before.

QUOTE(knwong @ Feb 25 2017, 11:23 PM)
Yes. I qualify all, salary, cc, 3 GIROs except for their investment bonus 
I don't think so. Must buy their fund, unit trust, etc. I'm not interested in those thus never bother.
Just drop OCBC a visit to understand more. Worth the time since this give you $100 x 12 moo lah a year
*
drool.gif

I only salary and savings. But still a lot more than just putting it in POSB. Enough for a meal biggrin.gif
deodorant
post Feb 26 2017, 09:54 PM

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QUOTE(knwong @ Feb 25 2017, 10:52 AM)
OCBC 360 pay better interest. Most of my money is in this account. Interest payment alone $100+- per month. Can cover my makan expenses. Syukur  rclxms.gif

Jin satki
No investment means your interest is @ 2.2%
2.2% = $1200
100% = $54,545 in your savings account alone

deodorant
post Feb 26 2017, 09:55 PM

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QUOTE(misunderstoodguy @ Feb 23 2017, 10:12 PM)
Not sure if someone can help me. I am considering to apply for jobs in singpore and was wondering, what would be a good base to put as my 'expected salary'. For positions and companies like EY or Deloitte as a Manager in Advisory?

Go download salary surveys and have a look lo

https://www.robertwalters.com.sg/hiring/hir...ary-survey.html
deadravel
post Feb 27 2017, 10:20 AM

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QUOTE(MyHeArtb3Ating @ Feb 25 2017, 07:41 PM)
any software developer working in singapore ? how your life there ? very talented peers ? feel stress or not ? to be honest i just a so so java developer not so talent can survive there or not ?
having 6 years experiences here, senior java developer can get SGD 6K now ?
*
hmm.gif so u get rm6k now in KL/PJ (i assume)
stress depend on urself, 6years exp i think can ask for 5-6k sgd no problem for senior role
MyHeArtb3Ating
post Feb 27 2017, 10:26 AM

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QUOTE(deadravel @ Feb 27 2017, 10:20 AM)
hmm.gif  so u get rm6k now in KL/PJ (i assume)
stress depend on urself, 6years exp i think can ask for 5-6k sgd no problem for senior role
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My current salary Rm 7700 as senior java developer. seem a bit tough to hunt job in Singapore now.
your company any vacancy for java developer ? biggrin.gif
XiuKeong
post Feb 27 2017, 01:55 PM

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Got rejected for credit card application in UOB and OCBC with credit grade "CX", they want me take personal loan baru approve ah? mad.gif
crazy25kid
post Feb 27 2017, 02:02 PM

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QUOTE(IwanAGP @ Feb 25 2017, 08:56 PM)
OMG 100+-. You using their credit card and pay 3 bills etc also?

I don't have 3 bills to pay every month doh.gif
*

Apply 1 credit card
then u can have 3 bill payment
1. Income Tax
2. Telco
3 Credit Card Bill
momijigari
post Feb 27 2017, 02:46 PM

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QUOTE(KilJim @ Feb 23 2017, 06:25 PM)
Err....is this true?
My accounts is ~1k all the while
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Yes, my POSB savings' fall below fee is 500sgd.


See this link
http://www.dbs.com.sg/personal/support/ban...-below-fee.html


This post has been edited by momijigari: Feb 27 2017, 02:47 PM

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