Blog started 2016. Achieved Financial Independence in 2021. Personal journal to record investment decisions for my own reference and in future, for my loved ones who will take over the portfolio. Advertising free as I'm not seeking hits or ad revenue. On the internet anyone can have a pretend portfolio, whether you think this blog is fake or real, doesn't bother me. :)
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.
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