Free Money
Haven't you people heard about it? Banks are giving money away!
Just look at the queue forming at a favourite local bank:
Ok. That's not true. This bank happens to have a major market share and too few ATMs in towns.
But before you go, let me get back to my point. I'm sure you have seen advertisements for the Citibank Step-Up Account which offers a competitive interest rate of 0.6875% to as high as 2% compared to a measly 0.125 - 0.3% of local players. No minimum balance required, but you'll need to credit your salary into this particular account.
What's more, I signed up during the window period where they were offering $20 for brave souls willing to make the switch. The last time I heard, they are still offering this cash incentive. Just that it'll be in the form of SMRT voucher - perfect for the daily train commuter who has to wait for trains that almost never come during peak hours.
Sure, $20 is nothing for some of you. What about an additional $30? A separate $30 will be yours if you apply for any platinum card from Maybank. You'll need to charge something to the card first before they hand you the money. But such thoughtful gesture is surely worth reciprocating, especially if they beef up your wallet.
I was told that a few months back, OCBC had a similar promotion to Citibank's Step Up Account. Apparently, they were giving $50 for people crediting their salary to their OCBC account. Too bad I missed the offer.
So, keep a look out for such offer. It's free money for only 5-10 mins of your time.
Of course, don't go out of the way to do that.
Just look at the queue forming at a favourite local bank:
Ok. That's not true. This bank happens to have a major market share and too few ATMs in towns.
But before you go, let me get back to my point. I'm sure you have seen advertisements for the Citibank Step-Up Account which offers a competitive interest rate of 0.6875% to as high as 2% compared to a measly 0.125 - 0.3% of local players. No minimum balance required, but you'll need to credit your salary into this particular account.
What's more, I signed up during the window period where they were offering $20 for brave souls willing to make the switch. The last time I heard, they are still offering this cash incentive. Just that it'll be in the form of SMRT voucher - perfect for the daily train commuter who has to wait for trains that almost never come during peak hours.
Sure, $20 is nothing for some of you. What about an additional $30? A separate $30 will be yours if you apply for any platinum card from Maybank. You'll need to charge something to the card first before they hand you the money. But such thoughtful gesture is surely worth reciprocating, especially if they beef up your wallet.
I was told that a few months back, OCBC had a similar promotion to Citibank's Step Up Account. Apparently, they were giving $50 for people crediting their salary to their OCBC account. Too bad I missed the offer.
So, keep a look out for such offer. It's free money for only 5-10 mins of your time.
Of course, don't go out of the way to do that.
posted by thelonetraveller at
1:40 pm
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