ocbc 360 account

[ericcsn]

Thanks. Very helpful and I think to buy sell UT is a better option.

Just another question on the daily $500 average balance.

Let’s say I have $100k for the month of December. Means I have to put in $500 on 1st Jan and have it at $100500 all the way till the end of the month.

Assuming if my salary of $5000 comes in on the 15th of Jan, I will have $105500 that day and I need to move the $5000 somewhere asap else it will affect my overall daily average and will affect the amount I need to keep inside in Feb?

When the 1st of the month is a holiday or Sunday, the deposit of $500 (which has to stay throughout the entire month) made on the 1st will show the value date as the next working day.
So no point making the $500 deposit on the 1st Jan 2026.
Instead make this $500 deposit on the 2nd Jan 2026.
Then additionally put in a further $500 on the 2nd Jan and remove this $500 on the 3rd Jan. This compensates for the lack of $500 on the 1st Jan (u could put this $500 on another day- instead of 2nd Jan- and take out on the next day).

Yes, you need to take out your $5k salary on same day before 9pm otherwise it increases the total amount that you keep in subsequent months to enjoy the bonuses.

 

[Alwaysb]

Yes

Can you recommend which UT is safer to buy just to clock this investment bonus?

 

[ericcsn]

Can you recommend which UT is safer to buy just to clock this investment bonus?

I would like to know too, let me know when u found it.

Seriously.

 

[FlyGuardX]

I would like to know too, let me know when u found it.

Seriously.

Sti etf?

 

[carpark]

Today is public holiday may i check how much to transfer on 2 January and withdraw on 3 January to maintain average daily balance of 500 for the save bonus interest. As month of January is 31 days thanks.

 

[ericcsn]

Today is public holiday may i check how much to transfer on 2 January and withdraw on 3 January to maintain average daily balance of 500 for the save bonus interest. As month of January is 31 days thanks.

I will transfer $1000 on 2nd Jan and withdraw $500 on 3rd Jan.

( And when the salary comes in I withdraw it on the same day.
Also I remove the bonuses which come in on the 7th working day on the same day except for the small prevailing bonus interest of 0.05% pa which is shown as last day of the month and which I leave alone.)

 

[demoforce1]

When should we expect the bonus interest this month? Monday?

 

[ericcsn]

When should we expect the bonus interest this month? Monday?

yes. monday.

 

[ericcsn]

Bonuses are paid 6.48 am

 

[ekardo]

Yeah. Bonus interest is in.

 

[Alwaysb]

Anyone use srs to buy structured deposit to clock the invest component? I need some guidance. Can it done via app?

 

[ericcsn]

Anyone use srs to buy structured deposit to clock the invest component? I need some guidance. Can it done via app?

not bought ocbc SD, but yes it can be done by app. (with cash and i think with srs account too when this is held in ocbc otherwise it wont show)

1. login on to ocbc on your phone apps
2. in home, go to investments, and click on 'check out our investment products'
3. in Structured deposits, click where it says new
4. scroll down, click on 30M SGD ocbc IR linked SD 28 Jul 2028 and click on the > sign
5. press next -> ger started -> continue -> fill up your details - > next ....etc etc

otherwise go to bank and take a queue.

 

[KOPS1974]

Anyone use srs to buy structured deposit to clock the invest component? I need some guidance. Can it done via app?

I done that with cash via OCBC app and got the interest but buy via SRS will be counted as invest component for 360?

 

[ericcsn]

I done that with cash via OCBC app and got the interest but buy via SRS will be counted as invest component for 360?

Yes

https://www.ocbc.com/personal-banking/help-and-support/accounts/360account-investbonus

• How can I pay for the eligible investment products?
  There are many ways to pay for the investment products:
  • Structured Deposits: Funds from your OCBC deposit account or SRS account (any agent bank)
  • Unit Trusts: Funds from your OCBC deposit account, or CPF/SRS account (any agent bank) for applicable funds
  • Bonds, Equity-Linked Convertible Investments, Reverse Equity-Linked Convertible Investments, Structured Investments and Structured Notes: Funds from your OCBC deposit account

 

[Alwaysb]

not bought ocbc SD, but yes it can be done by app. (with cash and it think with srs account too this is held in ocbc otherwise it wont show)

1. login on to ocbc on your phone apps
2. in home, go to investments, and click on 'check out our investment products'
3. in Structured deposits, click where it says new
4. scroll down, click on 30M SGD ocbc IR linked SD 28 Jul 2028 and click on the > sign
5. press next -> ger started -> continue -> fill up your details - > next ....etc etc

otherwise go to bank and take a queue.

Thank you so much.. you are so much better than the RM and CS in OCBC. Lol.

I ask both questions on srs and 1.8% promo. None can give me a definite answer.

My RM even tells me I have to go bank to sign a form every year in order to buy SD. Zzzz

 

[ericcsn]

bonuses are paid for:
invest $127.39
save $42.46
spend $33.97
salary $127.39

 

[HoGnix]

bonuses are paid for:
invest $127.39
save $42.46
spend $33.97
salary $127.39

Received the same amount.

 

[vodka_water]

bonuses are paid for:
invest $127.39
save $42.46
spend $33.97
salary $127.39

can I know what u invest to get the investment bonus?

 

[ericcsn]

can I know what u invest to get the investment bonus?

As in:
https://forums.hardwarezone.com.sg/threads/ocbc-360-account.4629515/post-156953153

 

[bumdssa]

Hi guys,

If I have a refund from last month's transaction this month.... Does it mean that I have to spend the additional amount that was refunded this month even though after the refund, last mth spending was still more than $500.

Example:
Jan - total spend 800
Feb - got refunded 200

In such case, I have to spend 700 in Feb to get the bonus interest for cc spend?

Appreciate your help