Personal Finance
OCBC 360 interests changes again (Apr 2016)
By Mad Stranger  •  March 1, 2017
Previously, I posted about the OCBC360 account and its interest revision in May 2015 http://madstranger.blogspot.sg/search/label/OCBC360 Currently, the account has the following interest components: If we ignore the "invest" component, most account holders can still earn an interest of 2.2% on the first 60k in the OCBC 360 savings account. In addition to this, you also earn an interest of 1% for any incremental balances. Starting from April 2016, there will be some changes to the interest components. The changes are as follows: The most important change is the bonus interest can be earned on the first 70k instead of the current 60k. Other changes are as follows: 1) Payment component: The interest has been revised from 0.5% to 0.3% There is now a minimum of $150 for the 3 bills. Previously there is no minimum total to fulfill. There were account holders who paid 3 ......
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By Mad Stranger
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