Somebody jinxed it since February 2020.

Previously if you have > 100k, at 2.5% pa it was still a good deal apart from FD.
Now with the revision to 2.1% pa, need to think if want to keep beyond 100k.

Can ask in SC credit card thread?

This post has been edited by GrumpyNooby: Apr 10 2020, 03:02 PM

It's a digital credit card:

https://www.sc.com/my/promotions/digitalcreditcards/

And?

Didn't open OCBC 360.
Somemore it's very hard to open since MCO.

With MCO still in full force, all banks won't entertain new account opening.
Don't have existing account with HL and AmBank.

It's OK.
The excess is not a lot.
Plan to pump into robo-advisor SAMY.

Yes. Effective 1/5/2020.

Base interest reduced to 0.1% pa

https://av.sc.com/my/content/docs/my-revisi...legeaver-tc.pdf

Please move the discussion to here:
https://forum.lowyat.net/topic/4750563/+5280#entry96365694

Delivering a more consistent and streamlined digital banking experience.

As we evolve in sync with your digitally-connected lives, we continue to streamline our products and services to deliver an enhanced digital banking experience.

In keeping with this consistency, we have decided to rename Online Mutual Funds [OMF] service to SmartDirect.

SmartDirect enables you to buy, sell, and switch more than 200 mutual funds available in more than 5 different currencies, all from the convenience of your smartphone or by internet banking.

For existing customers, we have taken all necessary measures to ensure the name change does not affect your access to SmartDirect service.

Should you have any further enquiries or require clarification, please do not hesitate to visit any of our branches for assistance or call us at 1300 888 888 or +603 7711 8888 (if you are calling from overseas).

https://av.sc.com/my/content/docs/notificat...smartdirect.pdf

Base interest: 0.1%
Deposit fresh fund of 3k: 2%
Spend 1k with credit card: 1.5% (capped for RM 100k)
Invest 1k every month in wealth products: 2% (capped for RM 20k)



This post has been edited by GrumpyNooby: Apr 19 2020, 10:35 AM

Correct.

But you have more than RM 100k and close to RM 200k.
Maybe you need both.

SC PSA + OCBC 360 + OCBC 360i

Do you want to add if got close to RM 400k how?

Conditional high yield saving account offers flexibility & instant liquidity without fear of losing interest due to premature withdrawal of eFD.

As !@#$%^, everybody has his/her own purpose of money.
Who doesn't want high yielding interest.

Found something weird that SC PSA has statement date.

My statement for SC credit card (statement date: 9th) and PSA (statement date: 19th) are sent out separately.

The consolidated statement doesn't have details on SC credit card. The configuration isn't set by me. The bank officer who opened/processed the account opening set it,

Usually, you get statement for saving account at early of the month not middle of the month. The cut-off date is just weird.

This post has been edited by GrumpyNooby: Apr 22 2020, 12:41 PM

Source: Email