ocbc 360 account

[~sabaisabai~]

I just got 360 account recently. They gonna change the interest rate ??

 

[SBC]

If they Chu pattern, let's have a concerted effort that they will announce a 30% drop year-on-year.

 

[hypertrophy]

why yall so negative? I imply from article it sounds like they are going to change it for the better.

Hopefully they come up with something that beats the revised BOC smartsaver

 

[compro_1975]

What BOC has in its bag???

 

[Trazora]

What BOC has in its bag???

http://www.bankofchina.com/sg/bocinfo/bi1/201610/t20161031_7949946.html

 

[~sabaisabai~]

http://www.businesstimes.com.sg/companies-markets/ocbcs-360-account-pulls-in-30-per-cent-more-deposits

DEPOSITS in OCBC's headline 360 Account have jumped 30 per cent from a year ago, as the bank reaps first-mover advantage from having rejigged the way it pulls in the savings of young professionals, a top executive said in an interview with The Business Times.

Its head of consumer financial services Singapore, Dennis Tan, said that in a competitive market, the bank is committed to offering higher interest rates for its 360 Account, which pays customers interest by the number of transactions they make with the bank - that is, the strength of their relationship with the bank - rather than the amount of money they park in it.

He added that the bank will soon "change the construct" of the savings account, but declined to elaborate.

Of the 360 account, he said: "I think we have shown the commitment. We're not here to lower the rate."

Thanks for sharing ~

 

[zoossh]

why yall so negative? I imply from article it sounds like they are going to change it for the better.

Hopefully they come up with something that beats the revised BOC smartsaver

From past records. Since when did they get better over past 1 year?

First, bonus plus promo discontinued. Then frank had long list of uncertain exclusion. Next frank had 400 spending with no rebate. And latest annual fee non waiver. 365 not gd for me. Only thing left is 360.

 

[SBC]

http://www.bankofchina.com/sg/bocinfo/bi1/201610/t20161031_7949946.html

BOC has patched up many weakness that many guys are taking advantages. OCBC likely to follow.

 

[Stallone]

why yall so negative? I imply from article it sounds like they are going to change it for the better.

Hopefully they come up with something that beats the revised BOC smartsaver

have u been living in singapore

since when bank terms become better one?

 

[Vivagirl]

may i know if use ocbc365 cc to pay for another bank cc, does it count towards the $500 spent? TIA.

 

[kohkohkrunch7]

may i know if use ocbc365 cc to pay for another bank cc, does it count towards the $500 spent? TIA.

don't think this can be done?

 

[Stallone]

Balance transfer, nope it's not counted

 

[tcwehcs]

Can you elaborate what channel you use to do that?

may i know if use ocbc365 cc to pay for another bank cc, does it count towards the $500 spent? TIA.

 

[tcwehcs]

What weakness?

BOC has patched up many weakness that many guys are taking advantages. OCBC likely to follow.

 

[OCBC Bank]

may i know if use ocbc365 cc to pay for another bank cc, does it count towards the $500 spent? TIA.

Hi Vivagirl,

You will not be able to use your 365 credit card to pay another bank's credit card.

If you are referring to Balance Transfer, it will not count towards the $500 spend.

^DG

 

[feigningfancy]

I went down to the vivo branch they tell me frank card confirm no annual leh. Am i cheated?

From past records. Since when did they get better over past 1 year?

First, bonus plus promo discontinued. Then frank had long list of uncertain exclusion. Next frank had 400 spending with no rebate. And latest annual fee non waiver. 365 not gd for me. Only thing left is 360.

 

[Vivagirl]

Hi Vivagirl,

You will not be able to use your 365 credit card to pay another bank's credit card.

If you are referring to Balance Transfer, it will not count towards the $500 spend.

^DG

Hi OCBC thanks for your reply, but i was not referring to balance transfer.
i believe its not possible.

 

[OCBC Bank]

Hi OCBC thanks for your reply, but i was not referring to balance transfer.
i believe its not possible.

Hi Vivagirl,

Your understanding is right, you would not be able to pay for other credit cards with your OCBC 365 credit card.

^WX

 

[Heyland]

If I use axs mobile app to pay road tax using a ocbc Mastercard credit card, will it count towards the $500 spend criteria?

 

[OCBC Bank]

If I use axs mobile app to pay road tax using a ocbc Mastercard credit card, will it count towards the $500 spend criteria?

Hi Heyland,

It should be counted towards the $500 spend criteria for the credit card spend bonus as it is not part of the excluded transactions as listed here: https://www.ocbc.com/personal-banking/accounts/360-account-faq.html#credit-card

^WX