facebookDo you actually need to have minimum balance of 1k on SC E$aver account? Since its a pre-requisite to pre-fund this account and then transfer the $ over to security account? - Seedly

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Anonymous

11 Nov 2020

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Do you actually need to have minimum balance of 1k on SC E$aver account? Since its a pre-requisite to pre-fund this account and then transfer the $ over to security account?

On the website, its stated that there is a fall below fee of $5 if average monthly balance is <$1000, https://www.sc.com/sg/save/savings-accounts/esa...

Can I just keep $0.01 in the E$aver account in case it gets closed?

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Try Fundsupermart instead. Similar comission structure but theres no need to maintain a savings account.

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