ocbc 360 account

[JivBunny]

You miss that persistent level of inflation also meh?

I think the inflation now is worse off than 2 years back

 

[reddevil0728]

I noticed that under the 360 account, I did an UT investment and was supposedly getting dividend today.

In fact another friend of mine bought the same UT same time same amount and gotten it.

Just wondering anyone bought the Lionglobal Short Duration Bond Class A (Sgd)

if everything same then you better contact ocbc to ask why but it's likely not everything same. like 1 day a part while is like "same" may not be same

I think the inflation now is worse off than 2 years back

is it persistent? or just 1 month?

 

[pohw0008]

I noticed that under the 360 account, I did an UT investment and was supposedly getting dividend today.

In fact another friend of mine bought the same UT same time same amount and gotten it.

Just wondering anyone bought the Lionglobal Short Duration Bond Class A (Sgd)

Previously gotten letter for dividend on 20th Jan.. so probably this time will be same too..

 

[JivBunny]

Previously gotten letter for dividend on 20th Jan.. so probably this time will be same too..

Ic. Cos the date for dividend is 14th April and my friend got it credited to the account in the 15th whereas 2 other friends including me have not gotten anything. Though we all bought the same UT same day.


* updates *

My bad, I opted for reinvest the dividend. So therefore the money went back.

The only thing is that for the OCBC App, if u reinvest, there is no additional line under transactions that indicates a purchase has been made at what price and all. But at least the mystery of the missing dividend is solved.

 

[cochran]

Hi All

For this coming May $500 topup. when to add in the $500? As 1 May is friday and public holiday then follow b sat and sunday.

Topup $500 on 1 May work? or Topup $2000 on 4 May and withdraw $1500 on 5 May?

Thank you.

 

[FlyGuardX]

Topup 2000 on Monday and withdraw 1500 on tuesday

 

[AKK]

I remember Saturday is same as weekday.

 

[xRenol]

Take note that today is the start of interest rate drop for 360 Account.

 

[FlyGuardX]

I remember Saturday is same as weekday.

it's true - "Your FAST/ PayNow Transfer to your 360 Account might have a value date that is different from the transaction date. Funds received on a non-business day (for example, Sunday or public holidays) or after the Bank’s cut-off time on a business day will be valued on the next business day. The calculation of the average daily balance for each month depends on the value date of fund transfers."

 

[FlyGuardX]

if topup 1000 today, can withdraw 500 tomorrow (sunday)?

 

[70niner]

Take note that today is the start of interest rate drop for 360 Account.

Anyone taking everything out and leave 3000 in there?

 

[AppleiPhone]

if topup 1000 today, can withdraw 500 tomorrow (sunday)?

For me, due to interest credited $4+ on 30 Apr, I deposited $746 and withdraw $250 tomorrow (will consider Monday transaction), my save increase average daily balance will be >$500 in May.

 

[ekardo]

Anyone taking everything out and leave 3000 in there?

Why 3000?

 

[reddevil0728]

Why 3000?

Minimum balance to avoid fall below fee

 

[JetStorm]

Hi All

For this coming May $500 topup. when to add in the $500? As 1 May is friday and public holiday then follow b sat and sunday.

Topup $500 on 1 May work? or Topup $2000 on 4 May and withdraw $1500 on 5 May?

Thank you.

my 500 trfed in on 01 may but it got considered as 02 may value date. so 04 may i will trf in abit more to hit the 500 topup

 

[JetStorm]

Anyone taking everything out and leave 3000 in there?

No better place to put leh.

 

[iPod Jack]

i left ocbc 360 last oct to switch to uob one acct

regretted it.

even when uob is slightly higher at 2.2% then and can max 150k deposit, they play punk and cut interest in dec

nvm, still have ard 2% then, but the criteria is $500 cc spend and salary credit, which i initially thot is easy

but no.... med bills not counted, insurance not counted, certain purchases oso not eligible for the $500 spend... really kns those bloodsuckers

so in the end, switch back to ocbc, just in time for them to cut IR to 1.7% lol

really everything they say...

 

[sglandscape]

i left ocbc 360 last oct to switch to uob one acct

regretted it.

even when uob is slightly higher at 2.2% then and can max 150k deposit, they play punk and cut interest in dec

nvm, still have ard 2% then, but the criteria is $500 cc spend and salary credit, which i initially thot is easy

but no.... med bills not counted, insurance not counted, certain purchases oso not eligible for the $500 spend... really kns those bloodsuckers

so in the end, switch back to ocbc, just in time for them to cut IR to 1.7% lol

really everything they say...

Insurance is counted. Use DBS Multiplier instead, easy if you know the rules.

 

[camholicx]

I still didnt receive my interest today

 

[70niner]

I still didnt receive my interest today

7th working month of this month is on 12th. 2 weekends + 1 PH