If you are an OCBC 360 user for a bit, you would be familiar with the Save component that requires you to increase your average daily balance of the account by S$500 each month. It’s a reasonably easy requirement that gives an effective interest rate of 1.50% p.a. on S$100,000 of average daily balance. Without it, the OCBC 360’s overall interest suffers and drops to a relatively poor 3.15% p.a., so it’s important to keep this going each month. What is resetting OCBC 360? “OCBC 360 resetting” is more relevant to people who have hit S$100,000 of average daily balance within their OCBC 360 account. Or it could also be for those who find themselves having their OCBC 360 funds basically locked up because they have to fulfil the Save requirement monthly. It’s my term for the action of emptying your OCBC 360 account so that you can “reset” the requirement and free up money beyond the S$100,000 balance....