Debit Card with Vested

You are taking about vested sbm account?

Vested SBM account does not issue any debit card ever so you can't use UPI also. You can only use NEFT, RTGS , IMPS & upi deposit in this account. Hope this helps.

kukdookoo wrote:
You are taking about vested sbm account?

Yes

Watcher wrote:

Vested SBM account does not issue any debit card ever so you can't use UPI also. You can only use NEFT, RTGS , IMPS & upi deposit in this account. Hope this helps.

Now vested has become supergreedy they want 75% interest that u get from ur broker and they have increased their forex rates too. The former is just hafta vasooli

Watcher wrote:

Vested SBM account does not issue any debit card ever so you can't use UPI also. You can only use NEFT, RTGS , IMPS & upi deposit in this account. Hope this helps.

Reply on mail says - 

"

We are delighted to have you onboard. As our privileged customer, we have designed a unique and premium banking experience that is a winning combination of world-class opportunities and the finest privileges exclusively for you. Your brand-new account includes personal concierge, expert assistance, a power-packed SBM Signature Debit Card and various other benefits to compliment your lifestyle, along with exceptional wealth management and banking solutions. Experience your Powerfully Exclusive journey with us!

InvestPotato wrote:
Yes

No debit card issued by them.ignore the photo and debit card number shown in app and net banking

kukdookoo wrote:
Now vested has become supergreedy they want 75% interest that u get from ur broker and they have increased their forex rates too. The former is just hafta vasooli

Can you please elaborate more ? Isn't Vested similar to INDMoney in this regards, so their charges should be nill/free for nearly all, except the 5$ dollar withdrawal fee.

BlueFlash wrote:
Can you please elaborate more ? Isn't Vested similar to INDMoney in this regards, so their charges should be nill/free for nearly all, except the 5$ dollar withdrawal fee.

Vested's primary objectives has always been to make cross-border investments easy, secure, and affordable for all our users. In our efforts to meet those objectives, Vested
has made available an automatic bank sweep vehicle on your free cash in
your investment account. The sweep program is FDIC-insured for up to
$250,000 in cash, enabling you to collect a competitive interest rate on
free cash balances. Effective Nov 19, 2022, due to increased
administrative clearing costs, the effective paid interest rate of this
program will be reduced by a certain percentage to accommodate Vested for this service.

What does this mean for me?

As a user of Vested, your free cash balances in your Investment Account will continue to be covered by U.S. FDIC insurance up to $250,000 per account, and you will continue to receive interest into your account on this cash. Your account is automatically included in this program. Is there any action required from me?

As stated above, your existing registered Vested Account is already included in the program, and there is no additional action that you need to take at this time.

You can elect to opt-out of this program, and you can do so by emailing the Vested Service Team at [email protected]. If you elect to opt-out, your free cash balances will not earn any interest but will still enjoy FDIC insurance.

give us 75% interest or forget about ur interest

wait for them to deduct share from ur dividend

kukdookoo wrote:

Vested's primary objectives has always been to make cross-border investments easy, secure, and affordable for all our users. In our efforts to meet those objectives, Vested
has made available an automatic bank sweep vehicle on your free cash in
your investment account. The sweep program is FDIC-insured for up to
$250,000 in cash, enabling you to collect a competitive interest rate on
free cash balances. Effective Nov 19, 2022, due to increased
administrative clearing costs, the effective paid interest rate of this
program will be reduced by a certain percentage to accommodate Vested for this service.

What does this mean for me?

As a user of Vested, your free cash balances in your Investment Account will continue to be covered by U.S. FDIC insurance up to $250,000 per account, and you will continue to receive interest into your account on this cash. Your account is automatically included in this program. Is there any action required from me?

As stated above, your existing registered Vested Account is already included in the program, and there is no additional action that you need to take at this time.

You can elect to opt-out of this program, and you can do so by emailing the Vested Service Team at [email protected]. If you elect to opt-out, your free cash balances will not earn any interest but will still enjoy FDIC insurance.

give us 75% interest or forget about ur interest

wait for them to deduct share from ur dividend

Nice, 

How much interest I will earn for free cash balance on my investment account?

Anyone received any interest on free cash balance. If yes, how much?

Vested has a vested interest. 

Edit: Just a joke/pun.

some1anywhere wrote:

Vested has a vested interest. 

Is it a pun?