ocbc 360 account

[asdCLOT]

Yes, that's right!

^Shereen

Oi OCBC Bank,

Reply leh.. when is the 3.05% gonna suddenly disappear? You better not quietly end it because we'll f***ing do a bank run on your ass.

 

[crystalnox]

Oi OCBC Bank,

Reply leh.. when is the 3.05% gonna suddenly disappear? You better not quietly end it because we'll f***ing do a bank run on your ass.

Whether they noisy end it or quietly end it, you're going to shift your money out anyway to higher yield accounts once the interest drops back to normal.

 

[mikezuper]

Whether they noisy end it or quietly end it, you're going to shift your money out anyway to higher yield accounts once the interest drops back to normal.

And I will shift the salary credit back to others who give higher interest too.

 

[F@|c0n]

I think this question maybe asked before, but may i know if the interest is compounded per month or base on principle only?

eg 20000 deposited, interest calculator in OCBC webby is 610sgd. its only based on the original principle.

 

[OCBC Bank]

Sorry a bit noob here, was reading the previous pages.

Can I confirm - if the description for my salary is "SALARY-CR", does it mean that I won't be eligible for the extra 1% ? Must it be specifically "GIRO-SALARY"?

The description for salary is hardly under my control.. I feel my HR might kill me if I go to her, and ask if the description can be changed to "GIRO-SALARY".

Can the OCBC team clarify on this part?

Thanks for wanting to clarify this! The description looks fine, as we can clearly see that the funds coming in are meant for your salary

Do let us know if you did not receive the bonus interest!

^Shereen

 

[OCBC Bank]

I'm a self employed. Can i still open this savings account? What's the highest interest rate for a sekf employed?

Hi

Thank you for your interest in the 360 account. To open this savings account, income requirement is not required. And foreignors are eligible to open the account as well

However, in order to enjoy all 3 types of bonus interest, you will certainly need to appy for an OCBC credit card. But even if you're not eligible to apply for a card, you can still earn the other 2 types of bonus interests if you do these:

1. Make 3 online bill payments or GIRO deductions from your 360 account (each month)
2. Credit your salary (minimum S$2,000) into your 360 account

^Shereen

 

[OCBC Bank]

I think this question maybe asked before, but may i know if the interest is compounded per month or base on principle only?

eg 20000 deposited, interest calculator in OCBC webby is 610sgd. its only based on the original principle.

Hi

The interest is per annum, and we calculate based on daily end balance. So each day's balance is calculated, and the total interest is credited end month. The bonus interest is credited on the 7th business day of the following month

^Shereen

 

[OCBC Bank]

Oi OCBC Bank,

Reply leh.. when is the 3.05% gonna suddenly disappear? You better not quietly end it because we'll f***ing do a bank run on your ass.

The bonus interest is the mechanics & highlight of our 360 account. We have not received any notice that the interest rates will change. But if it does, we will certainly let our customers know

^Shereen

 

[bobby6679]

Hi OCBC,

In the credit card statement or Internet banking credit spending details, how the date there is defined? Is it posting date? Where to check the posting date information?

Is this another OCBC T&M trick?

 

[Byfrost]

Quick question for current OCBC 360 Account holders, does anyone here that already have the 360 Account is able to unsubscribe from eStatement settings on the Internet Banking via "Manage eStatement settings"?

My FRANK Account eStatement box is greyed out and permanently checked with a tick but my 360 Account have the option to unsubscribe. Does this mean I can get paper statements for 360 Account?

 

[MoDiE]

Quick question for current OCBC 360 Account holders, does anyone here that already have the 360 Account is able to unsubscribe from eStatement settings on the Internet Banking via "Manage eStatement settings"?

My FRANK Account eStatement box is greyed out and permanently checked with a tick but my 360 Account have the option to unsubscribe. Does this mean I can get paper statements for 360 Account?

yes

10 char

 

[OCBC Bank]

Hi OCBC,

In the credit card statement or Internet banking credit spending details, how the date there is defined? Is it posting date? Where to check the posting date information?

Is this another OCBC T&M trick?

Hi

If you're referring to the posting transaction dates for your credit card spend, that is beyond the bank's control i'm afraid.

Merchants have up to 7 days to "post" a transaction to the card account. For example if you made a purchase on 28 July, the store may only decide to post the transaction on 4 Aug.

As we will only consider posted date transactions for your bonus interest consideration, your purchase will be reviewed under August's spend instead of July's

^Shereen

 

[Byfrost]

yes

10 char

So you managed to unsubscribe from eStatements for your 360 Account and have paper statements of your 360 Account mailed to you?

 

[innumerabilis]

Every time I add a new payee, either individuals or organisations (like credit cards, singtel, m1, etc), OCBC will send a physical letter confirming that I did it.

It is a real waste of paper, especially when I add and remove payees all the time. Is there an option to remove paper notification?

 

[OCBC Bank]

Quick question for current OCBC 360 Account holders, does anyone here that already have the 360 Account is able to unsubscribe from eStatement settings on the Internet Banking via "Manage eStatement settings"?

My FRANK Account eStatement box is greyed out and permanently checked with a tick but my 360 Account have the option to unsubscribe. Does this mean I can get paper statements for 360 Account?

Hi there!

Just to let you know that 360 accounts will be enrolled for eStatements only

^Shereen

 

[Byfrost]

Hi there!

Just to let you know that 360 accounts will be enrolled for eStatements only

^Shereen

Thank you for the clarification Shereen.

I was just looking around the eStatement settings and I found out that I am able to unsubscribe (removing the tick in the box) from eStatements for my 360 Account, while my FRANK Account box is permanently checked with (greyed out box) so I decided to post the question here.


Thanks once again for the confirmation.

 

[bobby6679]

Hi OCBC,

You did not answer my question. What is the dates in the crdit card statement details? Is it Posting date or what? There supposed to be two dates for every purchase but OCBC statments only put one.

This is your trick to calculate the 400 sum? Would you agree?

 

[lin321]

How can I open 360 JOINT account without visiting the branch?
Can I use the app or ibanking?
I try applying through ibanking but it shows "You do not have an eligible reference account. Please try again using another reference account."
Please advise. Thanks!

 

[more3cm]

Hi OCBC,

You did not answer my question. What is the dates in the crdit card statement details? Is it Posting date or what? There supposed to be two dates for every purchase but OCBC statments only put one.

This is your trick to calculate the 400 sum? Would you agree?

There is no trick... The statement is identical with your online transaction history, in which the label says Transaction Date.

 

[Calander]

How can I open 360 JOINT account without visiting the branch?
Can I use the app or ibanking?
I try applying through ibanking but it shows "You do not have an eligible reference account. Please try again using another reference account."
Please advise. Thanks!

calling their hotline will be more effective?