Hello from Team OCBC

[OCBC Bank]

What's the FD rate now ?
I saw only 1.5 PA
So if I put 10k for 1yr it stilll be 1.5%?

Hi ApexMan,

You may refer to https://www.ocbc.com/personal-banking/accounts/sgd-fixed-deposit-interest-rates.html for the Time Deposit Interest rates.

A $10,000 deposit for 12 months tenure will give you 0.25% p.a.

We are currently having a promotional interest rate of 1.55% p.a. for fresh funds deposit of $20,000 for a 12 months tenure.

The promotion is only valid for placements done at any OCBC Bank branch. The placement amount for all Time Deposit promotions must be in fresh funds only. Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts.

^DG

 

[OCBC Bank]

Hi OCBC,

Would like to enquire if payments to Institute of Singapore Chartered Accountants (ISCA) qualify for online 6% cashback of the FRANK credit card.

If possible, will you advise on the MCC code of ISCA too? Thank you.

Hi Jaxonnie,

ISCA is likely to fall under educational institutions / schools / associations which will not be eligible for 6% rebate.

^DG

 

[OCBC Bank]

Hello OCBC

I just received an email today with the following:

"With effect from 2 December 2019, you can earn 0.7% per year by not withdrawing from the Bonus+ Savings Account and a further 0.7% per year when you also deposit at least S$500 for the month."

So the interest rate is reduced revised suddenly for the worse ...? No withdrawal bonus interest reduced from 1% to 0.7% is quite a lot.

Hi there,

Thank you for the feedback.

While the no withdrawal bonus interest has been reduced from 1% to 0.7%, the monthly save + no withdrawal bonus interest has raised from 0.4% to 0.7%.

Account holders will still be able to earn up to 1.45% p.a. if they meet the requirements.

^DG

 

[coldboy]

Hi OCBC,

Your mobile app is not working on OnePlus 7 Pro (Android 10). I followed your advice above for Android device but it's still not working. Any workaround?

Sent from OP7 Pro using GAGT

 

[OCBC Bank]

Dear OCBC

https://www.dbs.com.sg/vickers/en/accounts/types-of-account/cash-upfront-account

DBS Vickers has been offering 0.12%, minimum SGD10, commission for SGX stocks trading for quite some time. When will OCBC Securities match or better DBS? Note that this is for CDP account and not custodian.

Thank you.

Thank you for your feedback. We do review our fees and charges and have various promotions from time to time. Do check out our website www.iocbc.com or contact your trading representative for more details.

^DG

 

[OCBC Bank]

Hi OCBC,

Your mobile app is not working on OnePlus 7 Pro (Android 10). I followed your advice above for Android device but it's still not working. Any workaround?

Sent from OP7 Pro using GAGT

Hi coldboy,

Please drop us a PM with your bank registered mobile number, and also could you clarify if the issue you are having with the app is with regard to security prompts that is preventing you from logging in?

Thank you.

^DG

 

[assiak71]

Thank you for your feedback. We do review our fees and charges and have various promotions from time to time. Do check out our website www.iocbc.com or contact your trading representative for more details.

^DG

Dear OCBC, please feedback to the relevant department. DBS has it as a permanent feature, not a promotion. Thank you.

 

[foopower]

Dear OCBC,

I have reformatted my phone together with my OneToken enabled app. How do I regain access/reset my OneToken?

Thank you

 

[OCBC Bank]

Dear OCBC,

I have reformatted my phone together with my OneToken enabled app. How do I regain access/reset my OneToken?

Thank you

Hi foopower,

Could you drop us a private message with your bank registered mobile number, and also with a screenshot of what you are currently seeing when you try logging in to your account via the mobile banking app?

Thank you.

^DG

 

[ZvFrancesca]

Dear OCBC,

Can I check with you if I can open a joint account with my mum but she's neither PR or Citizen. I'm a SPR. She's a Malaysian.

I already have account with OCBC.

Thank you.

 

[OCBC Bank]

Dear OCBC,

Can I check with you if I can open a joint account with my mum but she's neither PR or Citizen. I'm a SPR. She's a Malaysian.

I already have account with OCBC.

Thank you.

Hi ZvFrancesca,

This will be subject to the branch’s review and approval.

Both parties will need to bring along their NRIC/Passport when visiting the branch, thank you.

^XF

 

[TickTechToe]

Hi OCBC, is using OCBC 365/Frank Visa credit card for bus and mrt ride counted inside the $800 credit card minimum spending to qualify for additional cash rebate, and also inside the $500 minimum spending for the credit card bonus in 360 account?

 

[OCBC Bank]

Hi OCBC, is using OCBC 365/Frank Visa credit card for bus and mrt ride counted inside the $800 credit card minimum spending to qualify for additional cash rebate, and also inside the $500 minimum spending for the credit card bonus in 360 account?

Hi there,

Are you referring to SimplyGo transactions?

FRANK credit card:
Eligible for 0.3% rebate, counted towards minimum spend

365 credit card:
Eligible for 3% rebate (provided minimum spend is met), counted towards minimum spend

Such transactions will also count towards the 360 account 'credit card spend bonus'.

^DG

 

[SBC]

Wanted to enjoy Wealth Bonus 0.6% / 1.2% interest on OCBC 360.

Say fund name is Schroeder Asia Income Fund.

Can I get 20k worth of this fund from FundSuperMart using SRS and qualify for rebates on OCBC 360?

 

[maple96]

Wanted to enjoy Wealth Bonus 0.6% / 1.2% interest on OCBC 360.

Say fund name is Schroeder Asia Income Fund.

Can I get 20k worth of this fund from FundSuperMart using SRS and qualify for rebates on OCBC 360?

Answer is obviously NO! 1. TNC non-compliance (Purchase any new eligible financial product from OCBC of at least the minimum amount) 2. OCBC dun make money from your purchase. 3. OCBC do not know u made the purchase, even if u use SRS with OCBC

Just play a simple game to earn 1% with no restriction of 12mths validity

 

[Cissiboy]

Guys you are the only banking app which kicks you out for security reasons..buckle up it’s just too stupid to be true. Going on for too long already..

 

[Muneyzmart]

What is the simple game?

Answer is obviously NO! 1. TNC non-compliance (Purchase any new eligible financial product from OCBC of at least the minimum amount) 2. OCBC dun make money from your purchase. 3. OCBC do not know u made the purchase, even if u use SRS with OCBC

Just play a simple game to earn 1% with no restriction of 12mths validity

 

[coolnhappy]

Guys you are the only banking app which kicks you out for security reasons..buckle up it’s just too stupid to be true. Going on for too long already..

Hahaha.. that's true. I've already removed the ocbc app from my phone cos it never works. Mine is a huawei phone and I've seen so many reports of the app not working on them. Don't ask us to report. U guys know it doesn't work yet dunwan to buck up. So I move on to other banks.

 

[maple96]

What is the simple game?

Play this game

 

[Muneyzmart]

Thank you for the reference, maple96.

Thought it was cumbersome to do so every month but I think it will benefit everyone in the forum trying to chase the extra dollar.

Play this game