I believe it is from Clause 14:

14. Eligible Accountholders can earn up to 4.75% p.a. in the Promotion Account based on total interest/return earned from the Base Rate and total Bonus Rates on all Bonus Categories of Deposit, Card Spend and Wealth as per Table 1.

Eurobeater Please take note on the new changes in the Card Spend Bonus:



Credit to mamamia for pointing out the Card Spend Bonus change

This post has been edited by GrumpyNooby: Jan 11 2021, 09:18 PM

The revised T&C starts on 1/2/2021.
Till then, everything remains as it is until 31/1/2021.

Hmmm... no min spend on the debit card. Rm 1 x 5 still qualify eh?

but some part of interest given in February.
talking about this i gonna ask in ocbc 360 haha. ocbc has history...

SC has no problem of honouring based on previous few revision.

The Retail Transactions for Debit Card Spending is rather simple & straight forward:



My debit card has been activated and used before; ready for action.

I rmb I opt out for debit card purchase b4, how to activate it back?

I just found my debit card this morning ... meaning we able to earn higher interest if we activate debit card spending

so how does this 2.75% compare woth ocbc 360 and rhb smart sccount?

pretty sure most of us here have the compulsory SC debit card during sign up.

0.05% basic
0.90% spend with SC debit card
0.90% spend with SC credit card
0.90% deposit into PSA
2.75% total ?

Y cancel JOP? without credit card, u can’t get the credit card spend bonus interest..

SC 2.75 vs OC 2.15 vs RHB 2.85, but it seem RHB will have revision on 14 Jan 2021.. so, if RHB reduce, maybe SCB will be the top interest..


Yes

Performed minimum 5 Retail Transactions on qualifying SCBMB and SCSB Debit Cards

Do we need to spend on both SCBMB and SCSB?

are there any ewallets that can use debit card to top up? i got plenty credit cards now I'm so noob about debit

wat's the diff?

all can

So we r actually getting higher interest come 1Feb due to this new addition for debit card usage.
Must try this out b4 Feb whether my SCB debit card can be used for ewallet.

This post has been edited by MGM: Jan 12 2021, 01:55 AM

so it seems.

Try to do it from the app.
However effect is not immediate like Maybank.
You need to wait for few days once the request is completed.

Most of the ewallets can support debit cards.

They cut the credit card benefit and encourage saving

Anyone would like to share, is it look like min 5 trx on the debit card have no min spending and online is consider as qualified trx?

This post has been edited by jiaen0509: Jan 12 2021, 08:32 AM