ocbc 360 account

Alwaysb

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ticker is for stock market.

U want the UT version (fees are higher $176 from 0.88% unless there is a special discount code)
Ah. Means I bought the wrong one zzzz. I followed the name lion global and found sbo as the counter code
 

iadpotato

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Anyone signed up new 360 account recently, credit salary and got the $80 gift for promo already?
 

camholicx

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Can my this method works:

1. Deposit $100k into 360 account on 1st April 2026.
2. Salary in $5k, and straight away transfer of $4.5k.
3. Credit card spending use AXS to pay.

For following months:
1. Dont touch my $100k
2. Transfer $1k into OCBC and withdraw $500 on the 2nd.
3. Salary in $5k, and straight away transfer off $5k.
4. Any interest for 360 let it stay inside - this serve as a buffer to ensure that every month it will be more than $500 increase.
5. Credit card spending use AXS to pay.
 

yiwei

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Can my this method works:

1. Deposit $100k into 360 account on 1st April 2026.
2. Salary in $5k, and straight away transfer of $4.5k.
3. Credit card spending use AXS to pay.

For following months:
1. Dont touch my $100k
2. Transfer $1k into OCBC and withdraw $500 on the 2nd.
3. Salary in $5k, and straight away transfer off $5k.
4. Any interest for 360 let it stay inside - this serve as a buffer to ensure that every month it will be more than $500 increase.
5. Credit card spending use AXS to pay.

if you already increase the MAB with the 500 nett deposit, there is no reason to leave the interest inside.
 

ericcsn

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Can my this method works:

1. Deposit $100k into 360 account on 1st April 2026.
2. Salary in $5k, and straight away transfer of $4.5k.
3. Credit card spending use AXS to pay.

For following months:
1. Dont touch my $100k
2. Transfer $1k into OCBC and withdraw $500 on the 2nd.
3. Salary in $5k, and straight away transfer off $5k.
4. Any interest for 360 let it stay inside - this serve as a buffer to ensure that every month it will be more than $500 increase.
5. Credit card spending use AXS to pay.
No. You cant use AXS for eligible cc spend (clause 3.3 https://www.ocbc.com/iwov-resources/sg/ocbc/personal/pdf/accounts/tnc-governing-ocbc-360-account.pdf).
 

tehhalia

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Can my this method works:

1. Deposit $100k into 360 account on 1st April 2026.
2. Salary in $5k, and straight away transfer of $4.5k.
3. Credit card spending use AXS to pay.

For following months:
1. Dont touch my $100k
2. Transfer $1k into OCBC and withdraw $500 on the 2nd.
3. Salary in $5k, and straight away transfer off $5k.
4. Any interest for 360 let it stay inside - this serve as a buffer to ensure that every month it will be more than $500 increase.
5. Credit card spending use AXS to pay.

isn';t it very tiring just to track so closely for 0.4% about $30 a month, and 1 mistake (499.9 instead of 500) poof bonus interest gone
 

coconut1

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isn';t it very tiring just to track so closely for 0.4% about $30 a month, and 1 mistake (499.9 instead of 500) poof bonus interest gone
suggest add $520 (extra $20) as buffer as not all 1st of the month falls on weekday. Also if you delay by more than a day to withdraw salary, the base for that month goes up. So may need to add more buffer.
 

vbhelper

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Just open 365 account recently
Is it now the time to hold off buying unit trust to clock invest category?
 

coconut1

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Comparison with Current Rates​

This revision represents a decrease from the current effective rate if you fulfill the Salary, Save, and Spend categories on the first S$100,000.

  • Current Rate (until 30 April 2026): 2.55% p.a.
  • New Rate (from 1 May 2026): 1.95% p.a.
  • Total Change: A reduction of 0.60% p.a. in the total effective interest earned on the first S$100,000.
 

ericcsn

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In the case of Salary, Save, Spend, Invest and Prevailing, it will be 3.20% p.a. for optimal amount of $100K ex kung fu.
 
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