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Banking Privilege$aver by Standard Chartered, up to 4.75%, Seems like so few people talk about it

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GrumpyNooby
post Jan 13 2021, 12:51 PM

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QUOTE(viole @ Jan 13 2021, 12:47 PM)
yes. there's where i found the AND clause.

the way i understand it, i need to use both SCBMB AND SCSB cards. if i can just use either, its usually using OR.

as i have mentioned, my logical thinking messed up my brain.
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QUOTE
Performed minimum 5 Retail Transactions on qualifying SCBMB and and SCSB Debit Card.

Bonus Interest/Hibah Rate on debit card spend is applicable to all SCBMB and SCSB debit cards (“qualifying SCBMB and SCSB debit cards”).

The Bonus Interest/Hibah Rate on debit card is only applicable for retail transaction charged to the qualifying SCBMB and SCSB debit cards (“Retail Transactions”).


Read the T&C again in whole sentence.
You're get what it mean.

First is, how're going to get a debit card from SCSB if you got a debit card from SCBMB? Or vice versa?

Next, can PSA account be tagged with 2 debit cards?

This post has been edited by GrumpyNooby: Jan 13 2021, 12:52 PM
viole
post Jan 13 2021, 12:55 PM

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QUOTE(GrumpyNooby @ Jan 13 2021, 12:51 PM)
Read the T&C again in whole sentence.
You're get what it mean.

First is, how're going to get a debit card from SCSB if you got a debit card from SCBMB? Or vice versa?

Next, can PSA account be tagged with 2 debit cards?
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thanks for the confirmation.

Im sure many would be confused as well by the AND operator as well. because normally, for the first clause, we interpret better with operator OR.
LostAndFound
post Jan 13 2021, 12:59 PM

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QUOTE(viole @ Jan 13 2021, 12:55 PM)
thanks for the confirmation.

Im sure many would be confused as well by the AND operator as well. because normally, for the first clause, we interpret better with operator OR.
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The 'and' refers to the banks, not the cards. You cannot just read one sentence and ignore the context around it. This is standard usage for SC because they have two registered entities.
lalahehe90
post Jan 13 2021, 02:17 PM

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Is autodebit insurance payment counted as retail transaction?
GrumpyNooby
post Jan 13 2021, 02:20 PM

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QUOTE(lalahehe90 @ Jan 13 2021, 02:17 PM)
Is autodebit insurance payment counted as retail transaction?
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Not under exclusion:

user posted image
ThorWP
post Jan 13 2021, 02:46 PM

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so basically we can use debit card to top up ewallet as well rite?

for example Rm1 x 5times into bigpay or tng. settles the problem?

the rest no diff than before
Cookie101
post Jan 13 2021, 02:48 PM

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QUOTE(GrumpyNooby @ Jan 13 2021, 12:51 PM)
Read the T&C again in whole sentence.
You're get what it mean.

First is, how're going to get a debit card from SCSB if you got a debit card from SCBMB? Or vice versa?

Next, can PSA account be tagged with 2 debit cards?
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Hmmm...

PSA Can be tagged to multiple cards, including credit cards.
GrumpyNooby
post Jan 13 2021, 02:50 PM

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QUOTE(Cookie101 @ Jan 13 2021, 02:48 PM)
Hmmm...

PSA Can be tagged to multiple cards, including credit cards.
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How about multiple debit cards?
Cookie101
post Jan 13 2021, 02:55 PM

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QUOTE(GrumpyNooby @ Jan 13 2021, 02:50 PM)
How about multiple debit cards?
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Yes.
GrumpyNooby
post Jan 13 2021, 02:56 PM

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QUOTE(Cookie101 @ Jan 13 2021, 02:55 PM)
Yes.
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Good to share.

violeCookie101 confirmed that you can tie another debit card.

Please reach to SCBMB and and SCSB to get the additional debit card and get it to tag to PSA as per Cookie101 confirmation.

Eurobeater please put this into Page#1. Credit to Cookie101.

This post has been edited by GrumpyNooby: Jan 13 2021, 02:59 PM
Cookie101
post Jan 13 2021, 03:00 PM

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QUOTE(GrumpyNooby @ Jan 13 2021, 02:56 PM)
Good to share.

violeCookie101 confirmed that you can tie another debit card.

Please reach to SCBMB and and SCSB to get the additional debit card and get it to tag to PSA as per Cookie101 confirmation.

Eurobeater please put this into Page#1. Credit to Cookie101.
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Pls be cautious on this.

Multiple cards that I’m referring to are all from scbmb. You can’t simply chose or ask for scsb one tagged to it. They are different products.

One is conventional and one is Islamic.

I got my first debit card that was tagged to just one Acc when I first opened account with them.

Subsequently they launched the PSA And they tagged my 1st debit card to PSA.

When I joined their priority later on, they issued me a priority debit card tagged to PSA as well.

That’s how I got 2 debit cards and credit card all tagged to PSA.

This post has been edited by Cookie101: Jan 13 2021, 03:03 PM
??!!
post Jan 13 2021, 03:04 PM

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Just wondering what's the benefit of tagging banyak2 card to the PSA?
Cookie101
post Jan 13 2021, 03:10 PM

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QUOTE(??!! @ Jan 13 2021, 03:04 PM)
Just wondering what's the benefit of tagging banyak2 card to the PSA?
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There isn’t.

1st debit card was compulsory.
Then after knowing it can be tagged to credit card, I request so don’t need extra card to bring out for any withdrawals.

2nd card was given for upgrade and comes with paywave.

When I wanted to ask for cancellation, the lady told me my first card is under non renewable so can just hold until it expires in 2023.

So basically just two cards will do. One debit + one credit.
Credit card is for convenience since can withdraw from savings using it without needing to bring one extra card. Not many banks offer such benefits.
??!!
post Jan 13 2021, 03:16 PM

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QUOTE(Cookie101 @ Jan 13 2021, 03:10 PM)
There isn’t.

1st debit card was compulsory.
Then after knowing it can be tagged to credit card, I request so don’t need extra card to bring out for any withdrawals.

2nd card was given for upgrade and comes with paywave.

When I wanted to ask for cancellation, the lady told me my first card is under non renewable so can just hold until it expires in 2023.

So basically just two cards will do. One debit + one credit.
Credit card is for convenience since can withdraw from savings using it without needing to bring one extra card. Not many banks offer such benefits.
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I am not sure if I understand correctly.
You mean if credit card is tagged to PSA ..can use that credit card to withdraw cash from PSA account and use it like a ATM card?
Cookie101
post Jan 13 2021, 03:17 PM

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QUOTE(??!! @ Jan 13 2021, 03:16 PM)
I am not sure if I understand correctly.
You mean if credit card is tagged to PSA ..can use that credit card to withdraw cash from PSA account and use it like a ATM card?
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Yes! That’s right.

You just need to be sure to select withdrawals from savings instead of cash advance.
??!!
post Jan 13 2021, 03:26 PM

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QUOTE(Cookie101 @ Jan 13 2021, 03:17 PM)
Yes! That’s right.

You just need to be sure to select withdrawals from savings instead of cash advance.
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Thanks for sharing this ,not that I am going to use this feature.

Debit card issued coz it's compulsory..all features deactivated.
Now have to consider activating to get that extra 0.9%
David_Yang
post Jan 13 2021, 08:41 PM

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QUOTE(GrumpyNooby @ Jan 12 2021, 10:08 AM)
Eurobeater There're a lot of changes to the Wealth/Invest Bonus.

The key change is:
Subscribe a minimum of RM 30,000 of Unit Trust/Islamic Unit Trust (“UT”) or;
Purchase Eligible Insurance/Takaful Policy with a minimum annual premium/contribution value of RM 30,000
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As I understand it that sounds too good to be true.

You only need to subscribe unit trust for RM 30k with sales charge of 2.5% to enjoy 2.0% bonus for a whopping 100k.

That means you pay them RM 750 and get RM 2000 bonus interest. Cannot believe.
GrumpyNooby
post Jan 13 2021, 08:49 PM

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QUOTE(David_Yang @ Jan 13 2021, 08:41 PM)
As I understand it that sounds too good to be true.

You only need to subscribe unit trust for RM 30k with sales charge of 2.5% to enjoy 2.0% bonus for a whopping 100k.

That means you pay them RM 750 and get RM 2000 bonus interest. Cannot believe.
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Current:
Bonus Interest/Hibah Payment Period:
Payable on monthly basis (for 12 months) upon fulfilment of minimum monthly Regular Saving Plan subscription amount; OR minimum monthly Banca/Takaful Regular Premium/ Contribution amount during the month

New Revision:
Bonus Interest/Hibah Payment Period:
Payable on monthly basis (for 3 months) upon fulfilment of minimum investment amount; OR minimum Banca/Takaful contribution amount

This post has been edited by GrumpyNooby: Jan 13 2021, 08:50 PM
likeness
post Jan 14 2021, 03:56 AM

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Meaning can use the sc debit card and top up e wallet?
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post Jan 14 2021, 08:43 AM

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QUOTE(likeness @ Jan 14 2021, 03:56 AM)
Meaning can use the sc debit card and top up e wallet?
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not in exclusion criteria

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