Trust Bank Savings Account¶
Baseline Sources and Facts¶
No official/secondary baseline facts imported yet.
| Field | Values |
|---|---|
| Programme type | other |
| Source layers | official, user_reported |
| Currencies | interest |
Community-Learned Rules and Datapoints¶
Trust Bank: MCC 2024 (exception, user verified, risk: low)¶
User reported that trust Bank is reducing its maximum interest rate to 3.0% p.a. effective 1st December 2024. The salary credit bonus can be triggered via a non-FAST transfer (salary hack), which takes 2-3 working days to credit.
| Field | Value |
|---|---|
| Status | active |
| Confidence | high |
| Source layer | user_reported |
| Merchant | Trust Bank |
| Programme | Trust Bank Savings Account |
| Programme type | other |
| Points currency | interest |
| Transfer time | 2-3 working days |
| Miles / points | 3.0% p.a. |
| Devaluation risk | high |
| Last verified | 2024-11-02 |
| Last seen | 2024-11-02T11:54:05+00:00 |
| Observed result | Users confirmed the salary hack works for Trust Bank using a non-FAST transfer. |
| Public/official layer | Trust Bank maximum interest rate drops to 3.0% p.a. on balances up to S$800,000 from 1 Dec 2024. |
| Caveat | The non-FAST transfer method takes 2-3 working days to credit, unlike standard FAST transfers. |
Claim 18376 (risk: low)¶
Trust Bank is reducing its maximum interest rate from 3.5% p.a. to 3.0% p.a. effective 1 December 2024, while keeping the maximum balance cap at S$800,000.
| Field | Value |
|---|---|
| Status | active |
| Confidence | high |
| Source layer | official |
| Merchant | Trust Bank |
| Programme | Trust Bank Savings Account |
| Programme type | other |
| Points currency | interest |
| Devaluation risk | high |
| Last verified | 2024-10-30 |
| Last seen | 2024-10-30T12:01:23+00:00 |
| Public/official layer | Maximum interest rate drops to 3.0% p.a. from 1 December 2024. |