Well, jinx. I just mentioned that OCBC 360 remains the same for now, and OCBC has now announced revisions to their 360 Account.
CurrentFrom 2nd MaySalary1.2% / 2%1.2% / 2.4% (increase!)Spend0.3% / 0.6%0.2% / 0.4%Step-up0.3% / 0.6%0.2% / 0.4%Grow1.0%0.8%Boost1.0%Removed (!)Wealth1.2%1.2%Interestingly, Salary category has actually increased quite a nice bit. A $70,000 balance now gets 1.8%. This means that just crediting salary gets you 1.8%, which is UOB One’s maximum interest rate on $75,000 which requires $500 spend and a salary/GIRO arrangement.
Most of the other categories have seen a drop in rates across the board. Spend and Step-up used to give a blended 0.45% pa each on a $70,000 balance. They have both fallen to 0.3% pa each.
Wealth and Grow categories aren’t really relevant for most people, and they have remain largely unchanged.
Currently, the interest on the first $35,000 is 1.85% pa for Salary, Spend,
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