ocbc 360 account

dork32

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How come bonus+ one gave a long time ago already? 360 suddenly realised that many people transferred $10,000 after the raise to $60,000, and then master also don't like? Because master don't like this kind of behaviour from s'poreans? Wah, can do that ah! Means must raise transport fee and also make them go home late!

master also say you not happy then put your in bonus+. you want 360, you have to wait.
 

thesoftwarekid

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lol. let us know after u did the calculations. ;)

hahahah i do not know..... based on the e-statement, I calculate my end of day balance for each day based on value date and then summing them up and divide by 30 as there 30 days in June. I know that deposits on Sundays and PH will be reflected only on the next working day, already took that in consideration. Hence I used the value date.

I short of $1++ for my monthly average. which will give me $0.00833 in save bonus, rounding to nearest cent, it will be $0.00.

Haha. Still I want to know why there this $1++ discrepancy. Sent a secured email to them today. Lets see when they reply.

I should change my job and be an accountant. hha
 

hyperbole

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How come bonus+ one gave a long time ago already? 360 suddenly realised that many people transferred $10,000 after the raise to $60,000, and then master also don't like? Because master don't like this kind of behaviour from s'poreans? Wah, can do that ah! Means must raise transport fee and also make them go home late!
Some ppl really siao one
 

dork32

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360 account has been around for more than 1 year now.

ocbc was never late in the interest payment. all the people have accepted their interest payment policy. i dare to say most of us would prefer to have the interest paid earlier though.

i dont believe ocbc will change their policy just because one grandmaster everyday cow pay cow bull.
 

otaku7

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360 account has been around for more than 1 year now.

ocbc was never late in the interest payment. all the people have accepted their interest payment policy. i dare to say most of us would prefer to have the interest paid earlier though.

i dont believe ocbc will change their policy just because one grandmaster everyday cow pay cow bull.
are you an accomplice of the grand conspiracy? lol

Sent from Sony D6653 using GAGT
 

nikkoon

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Anyone here with Robert Walters? Do you have any issues for this month salary crediting? For no reason the GIRO description was changed and void the salary credit bonus..
 

Gixxerfied

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vgirlhwz is grandmaster sio..

kpkb abit only the master hurry give out all bonus interest..

All Hail the GRANDMASTER !!!!
 

OCBC Bank

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http://www.ocbc.com/personal-banking/accounts/360-account.html

Any idea how to calc for that salary bonus?
i input inital deposit 10k..yes for mthly 2k salary..others all no
i get $10.19

Ocbc360 give interest mthly or yrly?

The xtra 0.5% can use for pay other banks cc bills?

Dear spec116,

The salary bonus interest is set at 1.2% per annum.
This bonus is calculated on a monthly basis, and will be paid out by the 7th business day of the following month.

Account balance x interest rate x number of days in the month / 365 (number of days in a year)

So in your case, based on a deposit of $10k, credited in the beginning of the month, your bonus interest for June will be as follows:

10,000 x 0.012 x 31 /365 = 10.19

^Dione
 

loytw1059

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Dear spec116,

The salary bonus interest is set at 1.2% per annum.
This bonus is calculated on a monthly basis, and will be paid out by the 7th business day of the following month.

Account balance x interest rate x number of days in the month / 365 (number of days in a year)

So in your case, based on a deposit of $10k, credited in the beginning of the month, your bonus interest for June will be as follows:

10,000 x 0.012 x 31 /365 = 10.19

^Dione


hi ,

i have drop a pm enquiry. hope you can help me on that. thanks
 

appledabble

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Hello.

I just opened the 360. Would like to seek some clarification :

Hypothetical Scenario:
Account opened - 15 July 15
Account balance - $5000 since 15 July 15
Salary per month - $2500
Inform HR and first salary to be credited in August 15

Question: based on just the 1.2% p.a. for salary credit (ignore other eligible criteria), for the month of August, will a person earn 1.2% p.a on the $2500 salary only, or will the person earn 1.2% p.a. on $7500?

Thanks.
 

Rusty89

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Hello.

I just opened the 360. Would like to seek some clarification :

Hypothetical Scenario:
Account opened - 15 July 15
Account balance - $5000 since 15 July 15
Salary per month - $2500
Inform HR and first salary to be credited in August 15

Question: based on just the 1.2% p.a. for salary credit (ignore other eligible criteria), for the month of August, will a person earn 1.2% p.a on the $2500 salary only, or will the person earn 1.2% p.a. on $7500?

Thanks.

1.2% on $7,500 though not exactly $7,500 since it is taking an average so depending on when your salary is credited in. But u get the idea that it is not on the incremental value.
 
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