Saw this OCBC promo. Fresh funds of $20k to saving account get $50 reward

[shawntyq]

this kind normally for uncle aunty one.

50bucks 6mths i do grab one day already double triple liao.

 

[princessreiko]

this kind normally for uncle aunty one.

50bucks 6mths i do grab one day already double triple liao.

But Grab, u need to work.
This one is just use fingers and transfer from one bank to another.

 

[CPL_Raju]

Knn need 6 months to earn 50 bucks?

1 tesla share one night can already gain 100 USD..

 

[beta93]

this kind normally for uncle aunty one.

50bucks 6mths i do grab one day already double triple liao.

Grab if you look at their nasdaq holdings with 90% public and their financial statements, they going to go bankrupt in a few months

 

[trevlim]

0.25%... Most FDs shld have better rates.

or is it 0.5% pa? Not outstanding but will appeal to some people.

 

[~sabaisabai~]

If I have $20k, u think I would gian the $50?

0.5% nia

 

[Perisher]

erm... you all do realise $50 is 0.5%pa interest for $20,000 right?
Doesn't get any better even at the $350k level.
That's even lower than putting inside SSB.

 

[semiret]

So pathetic also call promotion?

 

[HomeMommy]

https://www.ocbc.com/personal-banking/deposits/passbook-savings-account

interest rate at 0.05% lock 6mths? Almost like most FD rates? I put in esaver better can take out anytimw?

 

[Crimsom]

Gian png.

20k for $50 is 0.25% for 6 months

If count by per annum only 0.50%

 

[trevlim]

OCBC is the stingiest local bank of them all, not that the others are much better. Just compare their rates to Maybank and CIMB.

 

[qwerty_hippo]

This kind is to attract old money from ppl who are alrdy deciding to put funds now.

 

[ctstalin]

So gian the 50 to lock up 20k for 6 months?

 

[yobyella]

So pathetic also call promotion?

Our local banks are all pathetic! Really miss those 70/80s era. Those days so many local banks offering good deposit interests and banking service. Spoilt for choice.

 

[semiret]

Our local banks are all pathetic! Really miss those 70/80s era. Those days so many local banks offering good deposit interests and banking service. Spoilt for choice.

Actually OCBC is 1 of the worst bank in SG. Don't expect anything good for them.

 

[Flexamoria]

Was hoping for other ocbc

 

[yobyella]

Actually OCBC is 1 of the worst bank in SG. Don't expect anything good for them.

Just like our local telcos. Our 3 local banks sucks big time too! But what can we consumers do?

 

[EveMuffins]

^DG clearing leave ah?

 

[Skoda29]

With 350k buy a good dividend stock can earn multiple times than this.

 

[princessreiko]

interest rate at 0.05% lock 6mths? Almost like most FD rates? I put in esaver better can take out anytimw?

Mommy, it is 0.25% for 6 months .