Personal Finance
OCBC 360 Interest Update (up to 4.05%)
By Loopholes Singapore  •  September 1, 2022
Click on image for fine print and other details (Image(SS) taken from OCBC website)
After waiting for moe than 2 years, OCBC is finally revising its interests rates due to the rate hikes by the US federal reserve. Although the interest rates is still lower compared to pre-pandemic times, the adjustment to the is definitely a good change to their policy. This means that savers can now be entitled to more interests for balances of up to $100,000 (previously up to $75,000). In today’s post, I will share how this change would be like for savers who have balances of up to $100,000 and are currently employed with a wage of more than $1,800 per month and are still able to save >$500 per month. Additionally, I will also share my views about the insurance and investment products and whether I would buy into those categories....
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By Loopholes Singapore
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