Tuesday, 1 November 2016
SCB PB, the only PB that matters?
Standard Chartered Priority Banking allows you to enjoy 0.18% trading commission for SGX-listed shares and no minimum commission. It also allows you to qualify for PB status based on the value of the shares in your online trading account, which must total $200k.
This makes it the "easiest" PB to get and because of the trading commissions, the only one that matters to a DIY investor.
At the same time, if the deal is so good, I wonder if it will last. I have no idea, so I'll just enjoy the no minimum commissions until they decide to revise the terms and conditions.