You will receive 1 point for every SGD5 of commission paid on your online and mobile trades instead of 1 point for every SGD25 of commission on these trades.
With this revision, you will be able to earn more points from the same amount of commission so that so that you can accumulate more points, fast.
You can refer to the illustration below to see how this works:
|Current Points Earned||Points Earned from 1 June|
|$18 commission paid||0||3|
|$48 commission paid||1||9|
|$180 commission paid||7||36|
We will also multiply your existing Rewards Points and the Rewards Points needed for each item by 5.
Trade rebates can now be used for all trades, including margin trades.
The following are illustrations showing how trade rebates work.
Assume you redeem one SGD20 trade rebate on the Rewards portal on Day 1. On Day 2, you execute a Margin trade and are charged a commission of SGD25. On T+3, you make payment for your Margin trade via EPS. During the next calendar month, your rebate will be processed and by the end of the month, SGD20 will be credited to your Margin account.
Assume you redeem two SGD10 trade rebates on the Rewards portal on Day 1. On Day 2, you execute a trade from your KE Trade Prefunded account and are charged a commission of SGD18. On T+3, the payment for this trade is deducted from your KE Trade Prefunded account. During the next calendar month, your SGD10 rebate will be applied and by the end of the month, SGD10 will be credited to your KE Trade Prefunded account.
Terms and conditions apply.