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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 May 1 2020, 08:04 PM

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QUOTE(cucikaki @ May 1 2020, 08:02 PM)
Spend bonus is in too.
*
Thanks for the update but it's weird since today's not working day for Malaysia.

I was expecting it to be in next Monday.

This post has been edited by GrumpyNooby: May 1 2020, 08:05 PM
GrumpyNooby
post May 1 2020, 08:05 PM

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QUOTE(MiKE7LIM @ May 1 2020, 08:00 PM)
thanks! gonna try this out

monthly interbank transfer 3K consider bank in right ..
spending with SC card constantly above 1K

cant wait for them to call me to activate this acc
*
As long as the money doesn't come from within SC.
cucikaki
post May 1 2020, 08:07 PM

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QUOTE(GrumpyNooby @ May 1 2020, 08:04 PM)
Thanks for the update but it's weird since today's not working day for Malaysia.
*
WFH knows no boundaries for some people. Smh.
zenquix
post May 2 2020, 09:00 AM

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interests should be auto system calculated and generated
GrumpyNooby
post May 2 2020, 09:04 AM

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QUOTE(zenquix @ May 2 2020, 09:00 AM)
interests should be auto system calculated and generated
*
But they already mentioned when the interest of each category will be credited in the account:

user posted image
zenquix
post May 2 2020, 09:08 AM

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QUOTE(GrumpyNooby @ May 2 2020, 09:04 AM)
But they already mentioned when the interest of each category will be credited in the account:

user posted image
*
yeah.. i suspect the coding is more "weekday" than "non-public holiday working day"
GrumpyNooby
post May 2 2020, 09:08 AM

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QUOTE(zenquix @ May 2 2020, 09:08 AM)
yeah.. i suspect the coding is more "weekday" than "non-public holiday working day"
*
Not complaining but just feel weird.
brutus
post May 2 2020, 09:22 AM

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QUOTE(GrumpyNooby @ May 1 2020, 11:20 AM)
The inevitable came. At least I managed to earn some months with 6% interest. bruce.gif bruce.gif
With SCB PS now only giving 3.6% (without the invest/insure portion), it is still the highest in the industry. OCBC 360 comes close at 3.4%.

MalaysianFire
post May 3 2020, 06:56 PM

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QUOTE(brutus @ May 2 2020, 09:22 AM)
The inevitable came. At least I managed to earn some months with 6% interest. bruce.gif  bruce.gif
With SCB PS now only giving 3.6% (without the invest/insure portion), it is still the highest in the industry. OCBC 360 comes close at 3.4%.
*
you think OCBC might cut further ?
GrumpyNooby
post May 3 2020, 06:57 PM

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QUOTE(MalaysianFire @ May 3 2020, 06:56 PM)
you think OCBC might cut further ?
*
Every bank has potential to cut further if there's a downward revision of OPR.
Result is due in next one/two days.
brutus
post May 4 2020, 11:57 AM

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QUOTE(MalaysianFire @ May 3 2020, 06:56 PM)
you think OCBC might cut further ?
*
All bank rates are dependant on BNM OPR. When they cut, surely OCBC (and all other banks) will follow.
David_Yang
post May 4 2020, 01:18 PM

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OCBC surely will cut.

SC not so sure, at least they cannot cut the Invest/Insure that was guaranteed until 31 Dec.

Let´s see.
taiping...
post May 4 2020, 01:21 PM

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Went and open a PSA
They say now got promo during MCO
If open account now, will waive rm8

This post has been edited by taiping...: May 4 2020, 01:21 PM
MGM
post May 4 2020, 01:22 PM

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QUOTE(taiping... @ May 4 2020, 01:21 PM)
Went and open a PSA
They say now got promo during MCO
If open account now, will waive rm8
*
RM8 IS FOR the AF of the debit card? 1 time only?
taiping...
post May 4 2020, 01:24 PM

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QUOTE(MGM @ May 4 2020, 01:22 PM)
RM8 IS FOR the AF of the debit card? 1 time only?
*
Wat is AF?
Basically open account now is free
And don’t hav to deposit any money in
I didn’t bring out a single cent when I open the account

I was given debit card

This post has been edited by taiping...: May 4 2020, 01:29 PM
!@#$%^
post May 4 2020, 01:26 PM

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QUOTE(taiping... @ May 4 2020, 01:24 PM)
Wat is AF?
Basically open account now is free
And don’t hav to deposit any money in
I didn’t bring out a single cent when I open the account
*
eventually u have to deposit money if u want the benefit
TSEurobeater
post May 5 2020, 03:33 PM

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BNM just cut by 50bps. Let's see what SCB will do
GrumpyNooby
post May 5 2020, 03:41 PM

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Base interest is at 0.1%.
They'll slash from Bonus interests.

My guess 0.25% from Save Bonus Interest and another 0.25% from Spend Bonus Interest. If luckier, could be 0.15% for both categories.

Invest Bonus Interest may not be touches since that had some tighter restriction and will bring in extra revenue to the bank via wealth products sale.
David_Yang
post May 5 2020, 05:03 PM

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My guess:
Base 0.1
Save 0.5
Spend 1.5
Invest 2.0
GrumpyNooby
post May 5 2020, 05:04 PM

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QUOTE(David_Yang @ May 5 2020, 05:03 PM)
My guess:
Base 0.1
Save 0.5
Spend 1.5
Invest 2.0
*
They need to see how their neighbour move first. biggrin.gif
Currently at 3.4%

This post has been edited by GrumpyNooby: May 5 2020, 05:05 PM

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