Monday, August 20, 2007

Cheapskate just love Standard Chartered Xtrasaver!!!

Thanks to the final $2,000 bill payment to DBS credit bill, I have reached my cap of $50 cashback from Standard Chartered Xtrasaver for NETS transaction for the month of August.

Based on the min. sum of $6,000 deposited in the xtrasaver account and $50 cashback monthly.Cheapskater is able to earn $600 annually.

The interest from the $,6000 is about another $12.
Based on the above, total return is $612 or 10.2%.
Not bad for a current account with an interest rate of 10.2% when UOB is offering 2.28% for her premium customer.

Long live standard chartered for creating the Xtrasaver.
Cheapskater would be a loyal customer for life if you increase your eSaver interest rate too.The T-bill from Philips Securities is giving at least 2.38% currently, your 1.5% is so boring.

Cannot say cheapskater not a loyal customer. Cheapskater is always loyal to money saving!

1 comment:

Anonymous said...

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