facebookShould i sell my blue chips from Philip capital-Share Builder Plan and transfer to OCBC-Blue Chip Investment Plan? - Seedly

Anonymous

24 Sep 2019

General Investing

Should i sell my blue chips from Philip capital-Share Builder Plan and transfer to OCBC-Blue Chip Investment Plan?

Currently, i have $25k invested in multiple counters via Philip capital.
I'm investing $1000 per month on 6 counters, which means the handling fees is $10.
However, it's only $5 handling fees via OCBC.
Should i make the switch? Any termination fees?

Discussion (3)

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For new BCIP customers below 30 pricing has been dropped to 0.88% for investments below $500

In ocbc mobile banking app now you can Unit Trusts directly too

You might want to double check your information.

OCBC BCIP charges min. $5 fee per counter per transaction.

For 6 counters, that will be $30 per month.

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