ocbc 360 account

[ericcsn]

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

yes - you need to spend at least $700 in feb in this case to meet the min $500 needed for bonus spend.
Could buy ntuc vouchers (either physical or online using cc), overpay your electrical/ phone bills etc if you find it difficult to meet shortfall in the month

 

[ekardo]

why only $700? shouldnt it be 800 + 200 ?

 

[ekardo]

how about refund for a few months before ? eg, currently is Feb, but I got a refund of $300 for Nov 2025 ?

 

[Ceschfab]

Hi I am new to OCBC 360.

In order to get the spend bonus, I got a infinity cashback card.
Can I check for payments to utilities, parking, or whatever that does not qualify for the 1.6% cashback,
do they count towards the $500 charged to the card to qualify for spend bonus?

 

[sglandscape]

Hi I am new to OCBC 360.

In order to get the spend bonus, I got a infinity cashback card.
Can I check for payments to utilities, parking, or whatever that does not qualify for the 1.6% cashback,
do they count towards the $500 charged to the card to qualify for spend bonus?

This is covered in the FAQ. If it does not count towards the cashback, it would not count towards the 500 min spend.

What transactions are excluded from this bonus?
Examples of transactions that do not qualify for this bonus:

• Balance transfers
• Cash-On-Instalment
• Cash advance
• PayLite
• Fees and charges
• Transactions performed at merchants that fall into the exclusion categories/ excluded organizations as set out by OCBC Bank at:

 

[tehhalia]

ps, want to check if ocbc 360 has a tracker in moble app that tracks eligible spend credit card spends for bonus interest, something like UOB one account mobile app tracker?

 

[sglandscape]

ps, want to check if ocbc 360 has a tracker in moble app that tracks eligible spend credit card spends for bonus interest, something like UOB one account mobile app tracker?

Only available for Internet Banking and not in the app. Once again, this information is also in the main page of the OCBC 360 account.

 

[demoforce1]

Only available for Internet Banking and not in the app. Once again, this information is also in the main page of the OCBC 360 account.

only salary and Average Daily Balance Increase vs. Last Month

 

[FlyGuardX]

transfer 1000 on 2 mar and transfer 500 out the next day?

 

[ericcsn]

transfer 1000 on 2 mar and transfer 500 out the next day?

that's one way. It works.

But not the only way, certainly not the best way.

 

[tehhalia]

transfer 1000 on 2 mar and transfer 500 out the next day?

For what purpose?

 

[Nanonited]

that's one way. It works.

But not the only way, certainly not the best way.

What is the best way?

 

[Sausage]

Anyone know how OCBC calculates for the statement account?

If you deposit $653220 in the Statement 88 from 10 Oct 2025 till 6 jan 2026 with 1.78% interest, why do they credit $2724.55 only? Should it be a bit more? Like $2,842.23?

 

[ericcsn]

What is the best way?

there is a kung fu there which leads to even more rewards.

 

[Arandalo]

Anyone know how OCBC calculates for the statement account?

If you deposit $653220 in the Statement 88 from 10 Oct 2025 till 6 jan 2026 with 1.78% interest, why do they credit $2724.55 only? Should it be a bit more? Like $2,842.23?

Bonus interest is separate from base interest (which is credited at the end of each month). You need to use 1.73%, 1.78% is including the 0.05% base interest.

 

[Nanonited]

there is a kung fu there which leads to even more rewards.

There is a kungfu for the save reward? Isnt it fixed?

 

[ericcsn]

There is a kungfu for the save reward? Isnt it fixed?

Very useful kungfu that extends way beyond

 

[tehhalia]

Just curious, those who bought unit trust to unlike bonus interest and sold it soon after, how may calendar days/ months did you sell it after the trade settle.

Understand it must be sold after the 14-day freelook/cancellation period, but I can seem to find details like when does the 14 days start counting (purchase date or settlement date, inclusive or exclusive, 14 day is calendar day or working day, and there doesn’t seem to be a tracker as well.

Well I could play it safer and sell it say 21 calendar days after settlement, but was wondering if I could reduce this duration to lower the risk of unit price fluctuating lower.

 

[yiwei]

Just curious, those who bought unit trust to unlike bonus interest and sold it soon after, how may calendar days/ months did you sell it after the trade settle.

Understand it must be sold after the 14-day freelook/cancellation period, but I can seem to find details like when does the 14 days start counting (purchase date or settlement date, inclusive or exclusive, 14 day is calendar day or working day, and there doesn’t seem to be a tracker as well.

Well I could play it safer and sell it say 21 calendar days after settlement, but was wondering if I could reduce this duration to lower the risk of unit price fluctuating lower.

Actually is not to hold 14days for UT, but just make sure the 14 calendars days post purchase settlement will be within the same month, if not the bonus interest will only take effect next month. So I will say for March, it maybe best to buy before 10th (not sure how many days to settle).
You can actually sell them, selling of UT is not the same as cancellation.