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mantrix
09-03-12, 22:07
To all brudders and sisters here, would like to enquire your opinion on the above for priority banking (usually 200K SGD minimum) - which bank is the best?

Was thinking of DBS Treasures but not sure if it's that good (though it is convenient)

thanks ;)
devilplate
09-03-12, 22:09
To all brudders and sisters here, would like to enquire your opinion on the above for priority banking (usually 200K SGD minimum) - which bank is the best?

Was thinking of DBS Treasures but not sure if it's that good (though it is convenient)

thanks ;)
For stanchart, min 1mil debt wif them can liao....fit u very well...u rich in debt hehehe
mantrix
10-03-12, 07:58
For stanchart, min 1mil debt wif them can liao....fit u very well...u rich in debt hehehe

yah true....but their interest rates scary leh :scared-5:
DC33_2008
10-03-12, 11:24
what are they offering now?
yah true....but their interest rates scary leh :scared-5:
mantrix
10-03-12, 14:15
what are they offering now?

i didn't ask...but i know their rates usually go up 3rd yr onwards exponentially..
DC33_2008
10-03-12, 14:28
I prefer non-local banks.
i didn't ask...but i know their rates usually go up 3rd yr onwards exponentially..
rattydrama
10-03-12, 20:15
I think standard chartered is good. know a very helpful banker always try to secure best interest. another plus point, standard chartered is less crowded.
mantrix
10-03-12, 21:45
I think standard chartered is good. know a very helpful banker always try to secure best interest. another plus point, standard chartered is less crowded.

but not for housing loans leh sis...for investments...
rattydrama
11-03-12, 01:18
but not for housing loans leh sis...for investments...
我说的不是利息是利益唷哈哈
ysyap
11-03-12, 08:46
我说的不是利息是利益唷哈哈Yes... best interest not equal to best interest rate... Lol! :D
mantrix
11-03-12, 11:48
我说的不是利息是利益唷哈哈


LOL cos you meant interests not interest right? Sorry...one S can cause such a misunderstanding :D

So all say Stand Chart the best?
felicia_sg
13-03-12, 12:28
Standard Chatered I have very bad experience with their RM. Service real bad!


LOL cos you meant interests not interest right? Sorry...one S can cause such a misunderstanding :D

So all say Stand Chart the best?
Leeds
13-03-12, 14:07
The problem with Relationship Manager or Client Associate is that they earn their commissions through product sale. If you are not buying any bonds or structured products from them, there is no incentive for them to serve you. Unless you are already buying products from them, they might provide you with valued added services such as advising you on the best interests saving or earning products which they do not have any cut.
buttercarp
13-03-12, 14:35
If you cease to have the minimum sum required to be a privilege member, for SC, you need to pay $50 per month if you want to continue to be in their list.
Condo Kaiser
13-03-12, 16:11
think it's the same with all banks la... $50 a month can be easily waived off....

From what i remember I personally didnt find any of the banks different.. i have dealt with HSBC Premier/SCB Privileged/DBS Treasures/UOB Affluent/Citi Gold.. all abt the same.. in the privilege banking segment there isn't much difference in terms of product offering. So if everyone is selling the same things to you, just choose the prettiest RM to talk to lo....;) ... Or which ever is the most accessible or makes you feel "song"...

Only when you upgrade to private banking status... then the bank makes a difference.... global reach is something that local banks can't compete with the likes of UBS / CS / JPM... Having a strong investment banking unit backing up the private banking business is vital....

:2cents: :2cents:
sh
13-03-12, 20:51
Why do you need a "priority-premier-privilege" banking? The only good thing is that you can cut queue in the occasional time when you need to go to the bank. It's hardly necessary now with internet banking.

Don't get better rates either.

Ok, there's free coffee at their lounges if you're thick-skinned enough.

They will try to sell you "structured" products with hefty commissions. I'm quite capable of losing my own money....
buttercarp
13-03-12, 21:00
Why do you need a "priority-premier-privilege" banking? The only good thing is that you can cut queue in the occasional time when you need to go to the bank. It's hardly necessary now with internet banking.

Don't get better rates either.

Ok, there's free coffee at their lounges if you're thick-skinned enough.

They will try to sell you "structured" products with hefty commissions. I'm quite capable of losing my own money....

No need to queue for new notes before CNY.;)
Nicer looking cheque book.:)
sh
13-03-12, 21:03
No need to queue for new notes before CNY.;)
Nicer looking cheque book.:)

Nicer looking cheque book no good....:(

Once its whipped out... it's a huge sign saying "here comes the carrot head"..... :tsk-tsk:
mantrix
13-03-12, 21:57
yah, perhaps better to throw my $$ into REITs or bonds lah... :cheers2: