Personal Finance
From 3.7% to 3.3%: Is the OCBC Premier Dividend+ Account Still Worth It?
By SG Money Matters  •  May 26, 2024
I’ve been using the OCBC Premier Dividend+ Account to boost my spare cash for a while now. It used to offer a fantastic 3.7% interest rate, which rivalled Singapore Treasury bills (T-bills) without the hassle of rolling and locking in for a 6-month period. During a recent review of my finances, I noticed the interest rate from my OCBC Premier Dividend+ Account seemed to have dropped. I used to receive two bonus interests every month:
  • “Bonus interest mthly no w/d” and
  • “Bonus interest mthly now/d&save”
But this month I only received one bonus interest. Digging deeper, I discovered they have made some changes to the terms and conditions. OCBC Premier Dividend+ Account Interest Rate Changes While I knew about the interest rate cut for OCBC Premier Dividend+ Account effective April 1st, 2024, I hadn’t realized there were now additional requirements to reach the top tier. Here’s the breakdown:...
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By SG Money Matters
Howdy. My name is Ivan. I am a blogger and fee-based financial adviser. I spent the last decade providing financial advisory services to both individuals and business. My speciality is financial planning for early retirement.

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