I'm wondering why is the usage of the attached TnC.
Nobody bothers to read the document.

because majority prefer to be spoonfed... they actually believe more on what ppl say compared what they read on their own

but need to maintain a sizeable amount right in the account throughout the month cause they calculate by monthly average balance for the interest

Your point is?

It is daily interest calculation.

Noted! As long as transfer 3k from other bank.

Just reading the T&C,

3k deposit = 2%

1k spend = 1.5%

so total is 3.5% NOW, correct me if wrong.

This post has been edited by avinlim: Mar 11 2020, 08:32 AM

Should be 0.5% as base rate

3K deposit = additional 2%

CC spend of 1k = additional 1.5% (capped at 100k)

0.5+2+1.5% = 4%

You forgotten the base interest of 0.5%
What you added is just the bonus interest upon fulfillment of the criteria.

I see. tqtq.

Is there any option to open account online? lazy go out to bank. held SC job CC

As said earlier you still need to do biometric verification with your NRIC.
Go find those qualified bank staff at the booth in the malls.

This post has been edited by GrumpyNooby: Mar 11 2020, 05:15 PM

SCB branch is very far from my location.
At the end I opened the a/c through my friend.
Bersyukurlah

This post has been edited by ckh6003: Mar 12 2020, 01:25 PM

Your friend is a banker from SC?

Yes.


Updated :
Anyone if interested to open it, you may visit to SCB booth at Aeon Cheras Selatan
on this weekend

This post has been edited by ckh6003: Mar 12 2020, 10:19 PM

Is the account name called : Standard Chartered Privilege$aver ?

Gonna go open next week.

Yes.
They're aggressively promoting it.
You can see posters and pamphlets at the booth.

ya meh. im in melaka and there's only one SC. the officer ask me why I want to open cus I stay quite far away from the branch. lol, not that she doesn't allow but silly question. nowadays all online.

There're two types of booths in the malls.
One is opened by SC bankers and the other is opened by SC credit card agents.

how to know which is which? so far I haven't come across booth promoting privilege savers

That's why the posters at the booth will tell you.
Booth with PSA posters are definitely managed by SC bankers.
SC credit agents (mostly 3rd party) are not allowed to product banking products.

those who wanna open SC Privillege saver
can pm me
best if have big sum that can earn more 6% =)

std c's privilege savers still not affected by OPR lowered ?

4% is much good than present's ocbc at 3.4