Saw this OCBC promo. Fresh funds of $20k to saving account get $50 reward

[princessreiko]

^DG clearing leave ah?

IKR!
Like he MIA today, or may be only start work later?

 

[amekago]

really kumgong....inflation is 3% a year and you put to get a 0.5% PA reward...facepalm

 

[yobyella]

With 350k buy a good dividend stock can earn multiple times than this.

No guarantee capital will appreciate.

 

[trevlim]

Just like our local telcos. Our 3 local banks sucks big time too! But what can we consumers do?

hopefully the new digital banks can disrupt the market

 

[yobyella]

hopefully the new digital banks can disrupt the market

 

[OCBC Bank]

Hi all,

The promotion is open to all customers, both new and existing.

Eligible accounts:

Statement Savings Account
Passbook Savings Account
SmartParent Account
Easisave Account
Premier Statement Savings Account
Premier Easisave Account

Funds will need to be maintained for 6 months from date of deposit or registration, whichever is later.

More details can be found here:
https://www.ocbc.com/personal-banking/deposits/statement-passbook-savings-account#section-promotion
T&Cs: https://www.ocbc.com/iwov-resources...the ocbc year-end deposits promotion 2021.pdf

Do let us know if you have further queries on this.

^DG

 

[tankgunner]

what is the tie in period?

 

[chopra]

that's 0.5% niaz rehz... jinz pathetic rehz...

after 33 posts, someone finally understands the simple crux. one small note is this is before the savings interest which is normally v shabby.


Read HWZ Forum Rules!

 

[daryl76]

means need to keep min of 20k for 6 mths ah?

that one isnt a problem actually, problem is returns abit low

hahahhahah can @OCBC Bank adjust abit higher or not? inflation leh

 

[randomph]

edmwer just lockup 1 month salary get 50 not bad le.

 

[Lchlch]

https://www.ocbc.com/personal-banking/deposits/passbook-savings-account

Better check any fine print...

 

[Alphas]

Penny wise but pound foolish.

 

[Yueming]

0.0025% is a joke sia

heng i transferred all my savings to CPF SA for guaranteed 4% interest per annum.

1600X!!!!!

 

[nasfieldjohn]

lich edmwers spotted
Plus1

 

[Lchlch]

lich edmwers spotted
Plus1

Mate, what is that? Don't understand..

 

[Skoda29]

No guarantee capital will appreciate.

Risk comes with rewards

 

[yobyella]

Risk comes with rewards

But $50 reward guaranteed. No risks.

 

[Flexamoria]

Promo not worth signing for

 

[OCBC Bank]

what is the tie in period?

Hi there,

Funds will need to be maintained for 6 months from date of deposit or registration, whichever is later.
T&Cs: https://www.ocbc.com/iwov-resources...the ocbc year-end deposits promotion 2021.pdf

^DG

 

[kendrick272]

Funds must be maintained for 6 months. Withdrawal is permitted within this period, subject to our right to debit fees (including the value of the gift).