ocbc 360 account

[DevilPlate]

Saw the notification too oh man where next?

Yes, saw the notification this morning also.
Now have to move fund out after May....Sian...

Next question, where to move to?

Nowhere……everywhere else will be reducing as well.
FD already gona drop below 2% liao

 

[ericcsn]

Yes, saw the notification this morning also.
Now have to move fund out after May....Sian...

Next question, where to move to?

Nowhere……everywhere else will be reducing as well.
FD already gona drop below 2% liao

New to citibank?

Then from https://www.citibank.com.sg/wealth-...h-journey/index.html?icid=SGOKIDFENHOMECAJN05 (and promotion valid from Apr 2025 to Dec 2025 per https://www.citibank.com.sg/global_docs/pdf/NTBwelcomepromo.pdf)

and using $300K as FD, it would appear welcome gifts and other bonuses are:
1. $400 (for fresh fund)
2. $100 (for citi credit card)
3. $1875 (for 2.5% 3 month FD)
4. $300 (if you opt to be an AI)

above should work out to be 3.17% (without AI) or 3.57% (with AI), without any investment needed.

 

[FlyGuardX]

Those planning to move into ocbc. Should we transfer fund in today given the holiday tmr?

 

[compro_1975]

Those planning to move into ocbc. Should we transfer fund in today given the holiday tmr?

why move into occbc?

 

[yslvlys]

Salary Credit + Save = 2.75%
Salary Credit + Save + Spend = 3.25%

Base Interest at 0.05%

Why is bonus interest 2.75% pa for 1st 100k if fulfil Salary + Save? Isn't the bonus interest 2% + 1.5% = 3.5% pa for 1st 100k as shown above? Am I missing something?

 

[KOPS1974]

Why is bonus interest 2.75% pa for 1st 100k if fulfil Salary + Save? Isn't the bonus interest 2% + 1.5% = 3.5% pa for 1st 100k as shown above? Am I missing something?

Seems like the app didn't update correctly for save. Check the website, EIR for save is 0.75%

 

[chopra]

Hi elders laojiap. Given it’s public holiday, issit to deposit $1000 tomorrow and then take out $500 on Saturday?

 

[Froggyman]

Hi elders laojiap. Given it’s public holiday, issit to deposit $1000 tomorrow and then take out $500 on Saturday?

Yes..you are correct.

 

[chopra]

Yes..you are correct.

Im beginning to sense the micro effort to maintain this. Problem is also my company claims are deposited on different days of the month. Quite a fair bit of effort

 

[Ahboy069]

Even at 2.8% it is still better than maybank at 2.6%

 

[iduncheckmail]

Even at 2.8% it is still better than maybank at 2.6%

isavvy >200k adb 2.8%

 

[yslvlys]

OK for me will empty ocbc keep min. 3k and transfer to Maybank to get 2.8%pa. My 500 spend will be with UOB to get 4%pa for 150k. Ocbc even if add spend will only be 3.3%pa. Boc also just keep 1.5k rest transfer to Maybank.

 

[FlyGuardX]

why move into occbc?

My funds coming from boc smart saver

Yes..you are correct.

Sorry what's the difference with depositing 1000 today and take out 500 on sat?

 

[bighead9nn]

Those planning to move into ocbc. Should we transfer fund in today given the holiday tmr?

Got any difference for holiday?

 

[vsvs24]

OK for me will empty ocbc keep min. 3k and transfer to Maybank to get 2.8%pa. My 500 spend will be with UOB to get 4%pa for 150k. Ocbc even if add spend will only be 3.3%pa. Boc also just keep 1.5k rest transfer to Maybank.

Are you aware UOB One rate cut from May 2025 ? No more 4%.

 

[Froggyman]

My funds coming from boc smart saver



Sorry what's the difference with depositing 1000 today and take out 500 on sat?

Today is PH, so value date will be counted as tomorrow if you deposit today. Might as well leave it in your original account to earn the interest and then deposit it tomorrow.

 

[yslvlys]

Are you aware UOB One rate cut from May 2025 ? No more 4%.

Oh ok ya, 3.3%pa same as ocbc 360. But action still the same as uob can earn 3.3%pa for 150k but ocbc can earn 3.3%pa for 100k.

 

[AppleiPhone]

Hi elders laojiap. Given it’s public holiday, issit to deposit $1000 tomorrow and then take out $500 on Saturday?

Assuming today voting day is holiday, then you withdraw today will consider Monday and your incremental saving ADB will be >$532.26. If so, you are safe for May SAVE bonus but optionally you may withdraw $1000 Monday and deposit $1000 Tuesday to lower down to $500.

 

[chopra]

Assuming today voting day is holiday, then you withdraw today will consider Monday and your incremental saving ADB will be >$532.26. If so, you are safe for May SAVE bonus but optionally you may withdraw $1000 Monday and deposit $1000 Tuesday to lower down to $500.

Is it true? I withdrew today and it’s dated today

 

[AppleiPhone]

Is it true? I withdrew today and it’s dated today

At my HSBC, I can see 5th May receiving date after I transferred amount in today. It would be better you check OCBC ibanking latest incremental saving ADB on Monday. If you see value at >$700 then your today posting date is Monday otherwise is today if you see >$500.