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]

I wanted to use Srs for the structured deposit to meet the invest portion. Contacted rm to open account since 1st Dec. ,met rm 3 times still cannot process. Wasted so much time. OCBC is very inconvenient on the invest part everything so manual.

Need to go the 4th time after the rm verify how to do it and definitely missed the timeline for Dec. Ridiculous.

 

[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?