My friend alerted me to this BOC Smartsaver account and said that I am biased not to review on it. I think he just wants me to write it for his own consideration. Anyway, to be partial, I will comment on it and decide which is better for me.
Introducing the Bank of China Smartsaver account:
All the rules copy are the same as OCBC 360, even the $60k limit. What is different is only the interest percentage.
As I mentioned before, these are the only 3 criteria that I can satisfy as mentioned previously:
Credit salary: BOC (1%) vs OCBC (1.2%)
Pay 3 bills: BOC (0.6%) vs OCBC (0.5%)
$500 minimum spending: BOC (1.55%) vs OCBC (0.5%)
From this, you can see that BOC places emphasis on the minimum spending while OCBC will reward you more when you credit your salary with ......
