Personal Finance
OCBC 360 Revised Rates For July 2020
By Fatty Finance  •  June 2, 2020

Given the low-interest-rate environment globally, it was surprising that OCBC 360 account increased its salary bonus in May 2020.

It was too good to be true.

Just recently, it backtracked on its May 2020 revision and will refresh the rates again in July 2020, aligning with expectations.

It got worse.

If you are not aware of OCBC 360, it is a high yield savings account. It awards bonus interest if you perform certain transactions or fulfil specific criteria.

I covered it in detail in my previous post on May 2020 revision on the high yield savings accounts offered by the three Singaporean banks.

What Changed?

Salary bonus: bonus interests has been halved from May 2020 rates.

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By Fatty Finance
My aim is to simplify finance and make it palatable for everybody. I gather only the freshest financial trends and topics, mix them together with economics, health, business, science and other quality ingredients and stew them over long hours to serve you the simplest and most wholesome meals. As this is a fairly new blog, I will be focusing on writing investment topics for now. I intend to talk about all aspects of personal finance and will continue to expand each sections as the blog grows.

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