ocbc 360 account

[MoDiE]

Since I dunno how to calculate, why don't you calculate n gimme an answer instead of giving me a formula??

seriously??????????

you maths fail ah?

 

[Gunboundz]

Since I dunno how to calculate, why don't you calculate n gimme an answer instead of giving me a formula??

With base at 50000k and if 1 year is 365 days = $25
((50000/100) * (0.05/365) )* 365 = $25

Base @ 50000k and 28 Days = $1.92
((50000/100) * (0.05/365) )* 28 = $1.92

Base @ 50000k and 30 Days = $2.06
((50000/100) * (0.05/365) )* 30 = $2.06

Base @ 50000k and 31 Days = $2.12
((50000/100) * (0.05/365) )* 31 = $2.12

MoDiE is nice enough to provide the formula but don't expect everyone to spoon feed you with answers.

Besides there is a yearly calculator at this ocbc 360 site:
Get higher interest rate with 360 Deposit Account | OCBC Bank

 

[dork32]

I do understand how modie feels.

some people act like they did not even have pri 4 maths.

some act like their phone/computer does not have a calculator

some people keep asking the same qs that has been posted time many times before. these people cant be bothered to read what is in front.

it is quite irritating sometimes.

modie is one of the more helpful guys around, answering many of these questions.

 

[friedpiggy]

Does anyone find the online banking somewhat buggy and unsecure?

I was able to pay an m1 bill without entering 2nd factor security code. There was also once I created 3 billing organization at one shot and when the third org I didn't receive the otp, and requested resend opt a few times without getting any, I gave up and exit that page and tried recreate the same billing org, It just went thru directly without need for otp.
.
Wheb I tried to write to customer service using the internal mailing system, it crashed.

Or is the problem with my browser? I'm usig google chrome.

 

[jgyy1990]

3% with 50k sgd is 1500

 

[charcoal3256]

Does anyone know, to qualify for the credit card spend bonus interest of 1% for ocbc 360 account, a minimum of S$400 across your OCBC Credit Cards, does it also include my spending on supplementary cards?

Thanks in advance.

 

[more3cm]

Does anyone know, to qualify for the credit card spend bonus interest of 1% for ocbc 360 account, a minimum of S$400 across your OCBC Credit Cards, does it also include my spending on supplementary cards?

Thanks in advance.

Please read Section 3.3

 

[cloud77]

Does anyone know, to qualify for the credit card spend bonus interest of 1% for ocbc 360 account, a minimum of S$400 across your OCBC Credit Cards, does it also include my spending on supplementary cards?

Thanks in advance.

yes, 10 chara

 

[iMac]

Does anyone find the online banking somewhat buggy and unsecure?

I was able to pay an m1 bill without entering 2nd factor security code. There was also once I created 3 billing organization at one shot and when the third org I didn't receive the otp, and requested resend opt a few times without getting any, I gave up and exit that page and tried recreate the same billing org, It just went thru directly without need for otp.
.
Wheb I tried to write to customer service using the internal mailing system, it crashed.

Or is the problem with my browser? I'm usig google chrome.

Google Chrome? Did you scan your PC regularly?

 

[kayelle_]

i doubt the 3.05% will last 12 months.. lol

Just to share...I went to OCBC this afternoon to open a 360 account but was told that the promo 3% bonus rates will be valid only until July.

Now I'm wondering if it'll be worth the hassle doing all the admin work...my loss for being slow!

 

[twinklingstars]

Just to share...I went to OCBC this afternoon to open a 360 account but was told that the promo 3% bonus rates will be valid only until July.

Now I'm wondering if it'll be worth the hassle doing all the admin work...my loss for being slow!

any idea what will be the revised rates??

 

[crandfs]

Wah lau, that will be like only 4 mths of 3% interest.... MAS should go after them if they try these sort of short term tactics.

 

[iMac]

Just to share...I went to OCBC this afternoon to open a 360 account but was told that the promo 3% bonus rates will be valid only until July.

Now I'm wondering if it'll be worth the hassle doing all the admin work...my loss for being slow!

Wahhhhh....which branch you open your account at?

Till July only?....sure got a lot of ppl complaint about this tactic...anyone from MAS here?

 

[kayelle_]

I was at the Bedok branch. Ya, I was like "Huh?!!" But the CSO did tell me that the 360 is not new and has been around for some time already...he did add that if all 3 bonus conditions are satisfied, one may potentially still get better rates than other banks for a savings account.

 

[SakuraDrops]

Wow but i thot this 360 just started, it would be a waste of time as i joined the plan late. Was expexcting at least a year of 3% at least

 

[angcsbenny]

I find it difficult to believe that the cso will release this kind of information especially when customer is signing up considering the amount ocbc spent to aggressively market this account.

 

[Soul77]

Huh.. sure or not. Until July only?
I just applied online....

 

[OCBC Bank]

Just to share...I went to OCBC this afternoon to open a 360 account but was told that the promo 3% bonus rates will be valid only until July.

Now I'm wondering if it'll be worth the hassle doing all the admin work...my loss for being slow!

Hi kayelle

Thanks for sharing this but this information is incorrect and may have been a miscommunication. If you have the details on which branch you went to, do share it with us and we can follow up with the officer accordingly. Thanks

Greg
^ For OCBC Bank

 

[ftft58]

Just to share...I went to OCBC this afternoon to open a 360 account but was told that the promo 3% bonus rates will be valid only until July.

Now I'm wondering if it'll be worth the hassle doing all the admin work...my loss for being slow!

Did the CSO really say tt or u hear wrongly? U might cause the CSO to lose his job!

 

[dork32]

kayelle, better dont say out the name. dont sabo people's job.