If not mistaken, if ibg fr other bank, the outstanding amount will be reduced by payment amount at late night of the day.

Dear Customers,
We are happy to introduce the SMS Validation process, for Standard Chartered Bank customers who wishes to authenticate the call received from their Standard Chartered Bank Relationship Manager



https://av.sc.com/my/content/docs/sms-valid...mers-notice.pdf

so the person will wait on the line? also if the person wait on the line, can send sms?

can if you are not on 2G and phone newer than feature phones

i think the only way is if u r using vowifi or volte

Hi, all. I would like to verify my interest calculation whether correct or not:-

base: MAB X 0.1/100 / 366 X total day of the month (leap year)
save: MAB X 2/100 / 365 X total day of the month
spend: MAB X 1.5/100 / 365 X total day of the month

This post has been edited by datolee32: Jun 22 2020, 10:19 PM

I think this year should use 366 days.

Who received email titled "A Personal Invitation to Priority Banking"?

Got this email from SC

"For the month of May 2020, we inadvertently credited an additional 0.40% bonus interest on top of the actual 1.5% bonus interest on your credit card spend. As a gesture of goodwill, we will not be reversing the additional bonus interest credited. We apologise for this error and have taken measures to avoid reoccurrence."

First time I hear a bank accidently give free money and then not want it back lol. Nice

We already knew about it when we did the calculation.
The card spend bonus interest was rated at 1.9% pa
But I didn't receive such email from SC.

Hope the person who approved the released and/or the one who made the miscalculation didn't got fired.



This post has been edited by GrumpyNooby: Jun 25 2020, 04:52 PM

Hope the person also don't make the same mistake but in the bank's favour instead

surprising as well
I never calculate the interest, formula complicated
credit card cashback easier to calculate

Just received that email few minutes ago.

Received this too..

" Thanks! Hopefully it will reoccur again."

Ya i received the invitation email but my wealth is far away to join the club...

Same goes to me!

wah my first mth with sc... just three days though.
sc so generous. surely no goodwill if from ocbc 😅

but i never received emails hehe

This post has been edited by cclim2011: Jun 27 2020, 11:03 PM

My ocbc 365 already frozen 😂
One good thing for ocbc is can have 0 balance
So no need waste time go branch close it

really? i have left like 10ish everytime haha. ok will transfer out also

but i am still using its batch future transfer for credit cards. anyone knows can sc online can do this in one page or must do one transfer at a time?