Regular Shares Savings Plans (RSS)

PhillipCapital (POEMS)

Blue Chips

Asked by Anonymous

Updated on 20 Apr 2019

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?


Answers (1)

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Shaun Wq Lim,
Level 4. Prodigy
Answered on 20 Apr 2019

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.