Sunday, April 21, 2013

OCBC FRANK Credit Card

Get S$720 rebates and more a year for your online purchases.

I signed up for the OCBC FRANK credit card during OCBC's FRANK Roadshow at Chevron House this week.  As part of the signing up, i got a S$5 Coffee Bean & Tea Leaf Gift Card and free cup of ice-cream.  The FRANK credit card boasts a 6% cash rebate for online purchases and unlimited 0.5% cash rebate on all non-online purchases.  Specifically,

  Spend ≥ S$500 a month Spend < S$500 a month
Online Purchase 6% rebate (capped at S$60 a month; unlimited 0.5% rebate still apply thereafter) Unlimited 0.5% rebate
Non-Online Purchase Unlimited 0.5% rebate Unlimited 0.5% rebate

The FRANK credit card can also function as an ATM card and double up as a transport payment card with NETS Flashpay.  Besides the FRANK credit card, there is also its debit card version and FRANK savings account.  Visit http://www.frankbyocbc.com/ for full details, promotions and terms & conditions.

What attracted me to sign up the FRANK credit card was mainly the >120 card designs i could choose from.  This gives cardholders a somewhat personalised credit card based on the card design selected.  On the practical side, the FRANK credit card should appeal to cardholders with online purchase expenses monthly. 

Sunday, April 14, 2013

March 2013 Singapore Dividend Portfolio Update

S$748.20 dividends received.
(Tai Sin Electric: S$45; AIMS AMP Industrial REIT: S$103.20; GRP: S$600)

No buy/sell transaction.

Portfolio Snapshot:
No. Counter Cost
(S$)
Lots Avg Px
(S$)
% of
Port
Mkt Px
(S$)
Mkt Value
(S$)
P/L
(S$)
P/L
(%)
1 SMRT 5,669.62 3 1.890 14.32% 1.580 4,740.00 (929.62) -16.40%
2 AIMS AMP Ind REIT 4,186.95 4 1.047 10.58% 1.575 6,300.00 2,113.05 50.47%
3 Sabana REIT 3,745.36 4 0.936 9.46% 1.265 5,060.00 1,314.64 35.10%
4 SingTel 3,218.37 1 3.218 8.13% 3.590 3,590.00 371.63 11.55%
5 StarHub 2,858.20 1 2.858 7.22% 4.350 4,350.00 1,491.80 52.19%
6 Fidelity Asian High Yield Fd A (MDIST) SGD Hedged 2,500.00 2.74660 0.910 6.32% 0.946 2,598.28 98.28 3.93%
7 UOB United Emerging Markets Bond Fd SGD 2,500.00 1.77315 1.410 6.32% 1.436 2,546.24 46.24 1.85%
8 First REIT 2,497.25 4 0.624 6.31% 1.250 5,000.00 2,502.75 100.22%
9 GRP 2,364.68 12 0.197 5.97% 0.305 3,660.00 1,295.32 54.78%
10 Kingsmen Creative 1,679.22 3 0.560 4.24% 0.890 2,670.00 990.78 59.00%
11 UMS 1,467.48 3 0.489 3.71% 0.450 1,350.00 (117.48) -8.01%
12 Lee Metal Group 1,317.41 6 0.220 3.33% 0.340 2,040.00 722.59 54.85%
13 Tai Sin Electric 1,167.33 6 0.195 2.95% 0.315 1,890.00 722.67 61.91%
14 Memtech 1,062.00 12 0.089 2.68% 0.071 852.00 (210.00) -19.77%
15 Technics Oil & Gas 997.25 1 0.997 2.52% 0.865 865.00 (132.25) -13.26%
16 Cambridge Ind REIT 825.93 2 0.413 2.09% 0.790 1,580.00 754.07 91.30%
17 Mapletree Log Trust 542.18 1.08 0.502 1.37% 1.215 1,312.20 770.02 142.02%
  Cash 983.76     2.49%   235.56 0.00 0.00%
  39,582.99     100.00%   50,639.29 11,804.50 29.82%

Sunday, April 7, 2013

Citibank InterestPlus Savings Account

Earn up to 3.5% p.a. more on your savings

InterestPlus Saving Account is the latest new savings product launched by Citibank this week.  This product is specifically targeted at the emerging affluent segment (i.e. customers with S$50,000 to S$200,000 investible assets). 

In addition to the base savings account interest, customers will receive bonus interest of up to 2.5% p.a. through unit trust investment, insurance purchase and credit card spend.  Customers will also enjoy an additional bonus interest of 1% p.a. if they take up a home loan with Citibank.

Here's how the 3.5% p.a. bonus interest add up:
  • Buy insurance with monthly S$250 regular premium or S$25,000 single premium - 1.2% p.a.
  • Invest in Unit Trusts (of 2.5% sales charge) with monthly S$250 regular savings plan or S$25,000 lump sum - 1.2% p.a.
  • Spend S$25 monthly using Citibank Credit Card - 0.1% p.a.
  • Take out a new home loan of at least S$250,000 - 1% p.a.

Bonus interest is paid:
  • Over the first 12 months for investment, insurance and home loan.
  • Every month for credit card spend.
  • Capped at the first S$50,000 in the account.
  • On top of the prevailing base savings account interest.

As part of the new account signup, till 30 April 2013, receive S$150 Takashimaya shopping vouchers when you fund S$50,000 for 3 consecutive months and complete a Personal Financial Report and Investment Risk Profile; or S$20 Takashimaya shopping vouchers when you fund S$10,000 within the first month from the account opening date.

Visit http://www.citibank.com.sg/gcb/deposits/interestplus_savacc.htm for full details, promotion, FAQs and terms & conditions.