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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 Feb 26 2020, 11:33 AM

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QUOTE(Darkcloudz @ Feb 26 2020, 11:29 AM)
hi guys, may i know how much i need to deposit in order to open a saving account with STD CHRT? rm250?
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I opened it with RM 0.
I did an instant interbank fund transfer once the account is activated and viewable in SC Web/App,

This post has been edited by GrumpyNooby: Feb 26 2020, 11:34 AM
GrumpyNooby
post Feb 26 2020, 11:44 AM

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QUOTE(Darkcloudz @ Feb 26 2020, 11:42 AM)
i just need a basic saving account for payroll purpose. still some bank may require a min deposit right?
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Yes.
BSA needs RM 20. Some accounts need higher.
Some banks may hide BSA too.

This post has been edited by GrumpyNooby: Feb 26 2020, 11:44 AM
GrumpyNooby
post Feb 26 2020, 09:23 PM

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QUOTE(chezzcake2 @ Feb 26 2020, 08:53 PM)
user posted image

start using since 2017

the interest is paid by monthly and calculated by daily..and it's more than 4% PA if u know what i mean..( without the investment tier )

why put in FD and locked ur money?
just join us and take out ur fd from others bank
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FD for amount greater than RM 100k
GrumpyNooby
post Feb 27 2020, 04:41 PM

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QUOTE(jieGeGe @ Feb 27 2020, 04:39 PM)
Join their Premium customer and they have some Promo FD rate.
Last year 4.7% FD for 6 month
30% Casa 70% FD
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What is min AUM for Premiere banking?
GrumpyNooby
post Mar 1 2020, 11:24 AM

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QUOTE(jojo_Lim @ Mar 1 2020, 11:22 AM)
Hi All,

just some questions, i opened the SC account on last month 20th of Feb, from the 21st to 31th i deposit money several times to the account in different date and i am sure that my i have met the requirements for getting 4.0 inteset rate.

today i checked my account transactioons and noticed only 2 transactions records which is

CR interest
and one bonus interst,

should we see 2 bonus interst transaction instead of one ?
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Your card spending bonus interest will be credited on the next working day which is tomorrow for March 2020.

This post has been edited by GrumpyNooby: Mar 1 2020, 11:24 AM
GrumpyNooby
post Mar 1 2020, 11:33 AM

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QUOTE(jojo_Lim @ Mar 1 2020, 11:31 AM)
Thanks for your clarification,  thumbsup.gif

my credit card spending was before i open the saving account, am i still eligible for the bonus ?
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I believe should be as long as it does fall within the same calendar month which is February 2020.

GrumpyNooby
post Mar 1 2020, 11:52 AM

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QUOTE(jojo_Lim @ Mar 1 2020, 11:51 AM)
Thanks again :thumbsup:

i just called the customer service and the their response is against what communicated to me when the SC staff asked me toopen the account. he told me that i should spent after the account opened.

i questioned him again then he opened a case for me, what a non-acknowledable staff doh.gif

i will wait tomorrow and see will i get the bonus  :thumbsup:
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My account is also opened last month after I had the CC for > 1 year.
I believe shouldn't be a problem.
Let's see tomorrow.

This post has been edited by GrumpyNooby: Mar 1 2020, 12:12 PM
GrumpyNooby
post Mar 1 2020, 02:22 PM

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QUOTE(yap1992 @ Mar 1 2020, 02:15 PM)
I did ask the same question when I was opening SC acc and I was told that only spending after the acc opening matters.
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If so, then too bad!
Have to wait till April 2020.
GrumpyNooby
post Mar 2 2020, 06:13 PM

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Card Spend bonus interest of 1.5% are in!
GrumpyNooby
post Mar 2 2020, 09:06 PM

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QUOTE(David_Yang @ Mar 2 2020, 09:06 PM)
Hmm, not here.
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What you meant by "not here"?

02/03/2020 BONUS-INTEREST-CARD SPEND

This post has been edited by GrumpyNooby: Mar 2 2020, 09:19 PM
GrumpyNooby
post Mar 2 2020, 10:18 PM

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QUOTE(David_Yang @ Mar 2 2020, 10:14 PM)
I not have this. Maybe because debit card and not credit card?
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This one is given upon fulfilling credit card spending of min RM 1k

user posted image

This post has been edited by GrumpyNooby: Mar 3 2020, 07:49 AM
GrumpyNooby
post Mar 3 2020, 07:13 AM

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QUOTE(MGM @ Mar 3 2020, 03:53 AM)
Super salary-I also enjoys the same bonus interests?
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Payment of bonus rate for Card Spent & Wealth categories may be made via SuperSalary-i account

https://av.sc.com/my/content/docs/my-revise...er-campaign.pdf

I believe so.


GrumpyNooby
post Mar 3 2020, 06:19 PM

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QUOTE(MGM @ Mar 3 2020, 06:07 PM)
After checking my statement, mine is actually Super Salary (Payroll) Account, not the islamic one. Similar benefits?
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I think no

Eligibility
4. This Campaign is open to existing and new customers with Privilege Savings Account and Super Salary-i (Payroll) (“Super Salary-i”) (“Promotion Account”) effective from 1 February 2020) who have maintained their accounts (all accounts with SCBMB and SCSB including but not limited to the Privilege Savings Account, Super Salary-i and credit card account(s)) in good standing, without any breach of the terms and conditions or agreements, throughout the Campaign Period. The Super Salary-i account is based on the Shariah concept of Tawarruq. (hereinafter referred to as “Eligible Accountholders”)

https://av.sc.com/my/content/docs/my-revise...er-campaign.pdf

Even Super Salary-i has 2 variant Super Salary-i (EB) and Super Salary-i (Payroll).


GrumpyNooby
post Mar 3 2020, 06:32 PM

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QUOTE(Eurobeater @ Mar 3 2020, 06:30 PM)
Just a heads up that BNM has just cut the OPR by another 0.25%. Expect SCB to amend the TnC of this product soon.
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They didn't do that during the January 2020 revision.

This post has been edited by GrumpyNooby: Mar 3 2020, 06:33 PM
GrumpyNooby
post Mar 5 2020, 03:36 PM

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QUOTE(David_Yang @ Mar 5 2020, 03:29 PM)
Somewhere I read that Debit card also qualifies (like with OCBC), but I cannot find anymore.
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I don't know.
Please call CS or your banker to clarify.
The word debit card doesn't appear in the TnC except for Clause 15 of the need to tie the account to a debit card.

https://av.sc.com/my/content/docs/my-revise...er-campaign.pdf

This post has been edited by GrumpyNooby: Mar 5 2020, 05:00 PM
GrumpyNooby
post Mar 6 2020, 08:59 AM

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QUOTE(bokbokchai @ Mar 6 2020, 08:59 AM)
Roughly how much cash to open this account ya?
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It didn't say. Just bring RM 250 for safe.
GrumpyNooby
post Mar 6 2020, 09:46 AM

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QUOTE(ckh6003 @ Mar 6 2020, 09:45 AM)
Just curious, can we open a/c via online ?

user posted image
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I guess you're just making an appointment to the nearest branch.
You still need to do biometric verification with your NRIC.

This post has been edited by GrumpyNooby: Mar 6 2020, 09:47 AM
GrumpyNooby
post Mar 7 2020, 11:06 PM

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QUOTE(westernkl @ Mar 7 2020, 11:06 PM)
What is OPR?
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Overnight Policy Rate governed by Bank Negara Malaysia
GrumpyNooby
post Mar 7 2020, 11:53 PM

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Additional reading:

OPR down to 2.5% for first time in a decade
https://www.theedgemarkets.com/article/opr-...rst-time-decade
GrumpyNooby
post Mar 9 2020, 07:14 AM

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QUOTE(kart @ Mar 9 2020, 06:06 AM)
If I choose not to get SC Debit Card, am I still eligible to get the additional Save Interest of 2%, assuming that I will deposit RM 3000 once per month via IBFT into my Privilege$aver savings account?

Thank you for your information. smile.gif
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No as per TnC - Clause 15.
https://av.sc.com/my/content/docs/my-revise...er-campaign.pdf

This post has been edited by GrumpyNooby: Mar 9 2020, 07:16 AM

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