OCBC Premier - what about it ?

[ahchan]

Anybody received the extra 0.3% for the July top up yet ?
it was suppose to be credited by ard mid mth

Hope not too late to inform....the 0.3% interest was already credited as of yesterday 21-Aug.

Btw, just saw the rate now is 1.7% from Aug-Dec. (promotion)
Not sure why I did not get any notification on this....and I still thought it is 1.6%.
Maybe 1.7% then it is more comparable to other offerings in the market...

 

[tiertime]

Hope not too late to inform....the 0.3% interest was already credited as of yesterday 21-Aug.

Btw, just saw the rate now is 1.7% from Aug-Dec. (promotion)
Not sure why I did not get any notification on this....and I still thought it is 1.6%.
Maybe 1.7% then it is more comparable to other offerings in the market...

I thought I saw it was 1.6% for Aug, so I alr moved everything out in early Aug....
they suddenly change it to 1.7% for Aug !? 🫩

 

[ahchan]

I thought I saw it was 1.6% for Aug, so I alr moved everything out in early Aug....
they suddenly change it to 1.7% for Aug !? 🫩

Yes, it was 1.6% initially.
But I think they just change to 1.7%, probably knowing that they will lose out to other banks...

I called up the CS and they confirm that the rate just revised up few days back, so we did not receive any notification yet…

 

[Imhthc]

I thought I saw it was 1.6% for Aug, so I alr moved everything out in early Aug....
they suddenly change it to 1.7% for Aug !? 🫩

U can bring the money back from tmr, 1st sep.

 

[Imhthc]

Yes, it was 1.6% initially.
But I think they just change to 1.7%, probably knowing that they will lose out to other banks...

I called up the CS and they confirm that the rate just revised up few days back, so we did not receive any notification yet…

I just received this 1.7% through the app’s push notification

 

[Velton]

I probably will transfer out from Dividend+

 

[tiertime]

U can bring the money back from tmr, 1st sep.

For those who are unable to put the HSBC 1.8% this is probably the next best option...

CIMB fast saver hearsay can get above 2% on a Certain amount - but the calculation quite complicated

 

[tiertime]

Haah!... Now anything below 2% cannot generate interest from customers so this thread will be dead until they revise and increase the interest

 

[ahchan]

Haah!... Now anything below 2% cannot generate interest from customers so this thread will be dead until they revise and increase the interest

Yes, have been with dividend+ for many months but finally left them on 1-Oct.
The consolation part is that OCBC has different limit for FAST (200K) and PAYNOW (300K). So if you need to move out big amount, still can manage within a day or two.

Also, I found that the OCBC CSO from premier banking hotline are still the best among all other banks.

Hopefully, they raise the rate to match with the current market and will be glad to be back with them again.