Most local Singapore banks are fighting quite hard to ask you to move your money from one bank to another bank by providing higher interest rate in a super low fixed deposit rate world. OCBC is also doing the same thing.

They brought us a very useful OCBC 360 savings account which a lot of people prefer because there is no need to deposit more and more money into the account (you can read it here), all you have to do is automate salary deposit into the account, pay a number of bills through the account and spend $500 with the OCBC credit card and get up to 3.08% bonus. Best of all you do not need to do all of it. I actually carried out only 2 of the 3 and enjoy 2% bonus per annum (note, this is up to $50,000)

My friend alerted me to ...