OCBC360 interest rates revision Part 2
By Mad Stranger  •  May 1, 2015
The OCBC 360 changes are announced.

 Changes include:
1) "credit your salary" bonus interest increased from 1% to 1.2%
2) "pay 3 bill" bonus interest decreased from 1% to 0.5%
3) "Spend on credit card" bonus interest decreased from 1% to 0.5%
4) "Spend on credit card" bonus interest spending criteria increased from $400 to $500
5) new bonus interest: "insure or invest" bonus interest. To qualify, you must "purchase any new eligible financial product from OCBC of at least the minimum amount, such as Endowment of at least S$8,000 in annual premium, or investment products such as Unit Trust or Structured Deposits of at least S$40,000."
6) bonus interests now applies to the first 60k instead of 50k
7) additional 1% on incremental balances. Incremental account balance is the difference between current and previous month's account average daily balance.This bonus interest will be ......
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By Mad Stranger
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