Standard Bank uCount

Something's deffo up with UCount, apparently I just hit tier 5 (checked this morning and I was still on tier 4, I think.
I'm not sure what's going on, if the change I made to my spending habits are paying off or if something is wrong- probably the latter. Just went from R200 odd this morning then jumped to R900 odd and I refreshed again, now sitting on R1200 in rewards points...
 
Something's deffo up with UCount, apparently I just hit tier 5 (checked this morning and I was still on tier 4, I think.
I'm not sure what's going on, if the change I made to my spending habits are paying off or if something is wrong- probably the latter. Just went from R200 odd this morning then jumped to R900 odd and I refreshed again, now sitting on R1200 in rewards points...

Takes till the end of the day for final points to be allocated.

Congrats on the money.

I’m still chugging along as usual. Spend should start wilting down moving forward though

5964f2d2f13bb30fdc63046eaa1395a4.jpg
 
Something's deffo up with UCount, apparently I just hit tier 5 (checked this morning and I was still on tier 4, I think.
I'm not sure what's going on, if the change I made to my spending habits are paying off or if something is wrong- probably the latter. Just went from R200 odd this morning then jumped to R900 odd and I refreshed again, now sitting on R1200 in rewards points...
Same, they have changed a few things around, been just off tier 5 for ages, but hit it this morning. Not complaining though :cool:
 
Takes till the end of the day for final points to be allocated.

Congrats on the money.

I’m still chugging along as usual. Spend should start wilting down moving forward though

5964f2d2f13bb30fdc63046eaa1395a4.jpg
Fck me that's a lot of points for one month.
 
Takes till the end of the day for final points to be allocated.

Congrats on the money.

I’m still chugging along as usual. Spend should start wilting down moving forward though

5964f2d2f13bb30fdc63046eaa1395a4.jpg
You must have a lot of debt with Std!
 
Phew, the bump from tier 4 to tier 5 is big for earnings.

Tier 4
Aug 31 Fuel Rewards - 1260
Card Rewards - 674

Tier 5
30 Sep - Fuel Rewards -5600
Card Rewards - 1507

Very cool, definitely like the new points allocation system.
 
I was Tier 5 before the changes. Then hit Tier 3 after and now Tier 4 without any changes.

Edit: I see I only made like R150 :/
 
Open a autoshare trader account and Web trader account. Don't deposit anything into. Just having those 2 are 25 points each.

Take out a fixed deposit with R5000. That's 100 points.

I also had a 32 notice deposit with my tenants rental deposit of more than R10000. Another 75 points. You can do R5000 or more to get 25 points.

Just those 4 things above gave me 225 points and you don't need to monitor it monthly. (Well only the fixed deposit. I had to reinvest it after 6 months)
these things dont even really apply anymore

I think I need to downgrade my account and move around some funds to optimise my returns, maybe move to another primary bank. Is there another thread that deals with general banking?
 
Phew, the bump from tier 4 to tier 5 is big for earnings.

Tier 4
Aug 31 Fuel Rewards - 1260
Card Rewards - 674

Tier 5
30 Sep - Fuel Rewards -5600
Card Rewards - 1507

Very cool, definitely like the new points allocation system.

Yep, you don’t really need to change your behaviour too much and Tier5 will pay you much better than the others
 
Yep, you don’t really need to change your behaviour too much and Tier5 will pay you much better than the others
Yup, the new system really works well for me, rewarded for paying Netflix on CC and just keeping my current averaging over 10k pushed me into tier 5. It really makes a massive difference.
 
Not really. CC, Car and Bond.
Just use the CC and pay it off end of the month. Use Caltex and Dis-Chem :/
No bond, no loans, no std mobile. Have a nice savings account level. Use cc for all purchases and stuck between 2 and 3.

They want you to be in debt.
 
No bond, no loans, no std mobile. Have a nice savings account level. Use cc for all purchases and stuck between 2 and 3.

They want you to be in debt.

Yep, I have cheque, credit card and revolving credit loan account, that are used somewhat regularly. Then I have a MoneyMarket and MarketLink account that are hardly used but I have a Tax Free Investment account that I transfer all uCount points in to whenever I have more than R250 worth. Other than that I have nothing else with Standard Bank so I get minimal tiering points and I refuse to go in to debt just to accumulate more.
 
The whole point behind Ucount is for the bank to make money. If they share a little with you then great, but they're making a lot more off you. Admittedly a lot of the stuff one has to pay for anyway. I've tried Standard Bank numerous times for car finance and bonds. They were only ever once in the hunt with a Ford bakkie I bought. For the rest, nah! Been with them many years but I shop around for the ticket items. They gave R1000 to open a Ucount account about a year ago, I've managed to add just over R500 to it in that time. So clearly not working for me.
 
The whole point behind Ucount is for the bank to make money. If they share a little with you then great, but they're making a lot more off you. Admittedly a lot of the stuff one has to pay for anyway. I've tried Standard Bank numerous times for car finance and bonds. They were only ever once in the hunt with a Ford bakkie I bought. For the rest, nah! Been with them many years but I shop around for the ticket items. They gave R1000 to open a Ucount account about a year ago, I've managed to add just over R500 to it in that time. So clearly not working for me.
I definitely wouldn't go out of my way for Ucount, it just so happens that I have banked with Standard basically forever, home loan just sitting in neutral with R700 owing. The only concessions I have made for Ucount are the minimum fixed deposit (10K, 1k these days) for tiering points and the average monthly amount in my current account.

So luckily it works for me but am not sure I would recommend it for someone who doesn't already mostly use Standard Bank.
 
The whole point behind Ucount is for the bank to make money. If they share a little with you then great, but they're making a lot more off you. Admittedly a lot of the stuff one has to pay for anyway. I've tried Standard Bank numerous times for car finance and bonds. They were only ever once in the hunt with a Ford bakkie I bought. For the rest, nah! Been with them many years but I shop around for the ticket items. They gave R1000 to open a Ucount account about a year ago, I've managed to add just over R500 to it in that time. So clearly not working for me.

I couldn't actually believe how poor Standard Bank's offers were when it came to loans, our last home loan they wouldn't move 0.03 percentage points to match ABSA despite me being a client with Standard Bank 'Since Pa fell off the bus...'
 
I couldn't actually believe how poor Standard Bank's offers were when it came to loans, our last home loan they wouldn't move 0.03 percentage points to match ABSA despite me being a client with Standard Bank 'Since Pa fell off the bus...'
I'm about to move some cash from SBK to Investec, as their interest rate is better - Will be benefitting just over R500 per month
 
Where does one find the "survey question" in the SBK app?

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