Last updated on 2024-11-01
Potentially high interest rate
High effective rate of 2.50% p.a. bonus interest for credit salary condition
High effective interest rate of 4.65% p.a. if you don't insure or invest with OCBC
Bonus interest rates subjected to credit salary, insure/invest, spend and increase balance
Low 0.05% p.a. base interest rate
Minimum initial deposit of $1,000
Minimum average daily balance of $3,000 ($2 fall below fee is waived for first year)
Comes with Singapore's first Online Banking tool, Money In$ights to help manage your budget, track your savings and categorise your expenditure
Make interbank transfers instantly with FAST - an industry wide service which allows for instant fund transfers between banks
360 Account comes with a YES! Debit Card
1st $75k | Next $25k | |
---|---|---|
Base Interest | 0.05% p.a. | 0.05% p.a. |
Credit Salary | 2.00% p.a. | 4.00% p.a. |
Increase Balance | 1.20% p.a. | 2.40% p.a. |
Spend | 0.60% p.a. | 0.60% p.a. |
Invest | 1.20% p.a. | 2.40% p.a. |
Insure | 1.20% p.a. | 2.40% p.a. |
Effective Interest | 6.25% p.a. | 7.65% p.a. |
Earn base interest of 0.05% p.a. for your entire account balance
Earn 2.00% / 4.00% p.a. bonus interest for first $75,000 / next $25,000 when you credit a minimum salary of $1,800 every month (effective interest of 2.50% p.a. with $100,000 deposit)
Earn 1.20% / 2.40% p.a. bonus interest for first $75,000 / next $25,000 when you increase account balance by at least $500 as compared to previous month (effective interest of 1.50% p.a. with $100,000 deposit)
Earn 0.60% p.a. bonus interest for first $75,000 / next $25,000 when you charge at least $500 to your OCBC 365 Credit Card or OCBC 90°N Credit Card or OCBC 90°N Visa Card or OCBC Rewards Card or OCBC Nxt Card each month (effective interest of 0.60% p.a. with $100,000 deposit)
Earn 1.20% / 2.40% p.a. bonus interest for first $75,000 / next $25,000 when you insure with OCBC with endowment of at least $4,000 in annual premium (effective interest of 1.50% p.a. with $100,000 deposit)
Earn 1.20% / 2.40% p.a. bonus interest for first $75,000 / next $25,000 when you invest in investment products such as Unit Trust or Structured Deposits of at least $20,0000 (effective interest of 1.50% p.a. with $100,000 deposit)
The maximum effective interest is 7.65% p.a. after taking into account of the 2 tiers
You will get bonus interest on the first $100,000 of your account balance. On the months you do less, you will get less bonus interest
You will receive this bonus interest by the 7th business day (exclude Saturday, Sunday and Public Holiday) of the following month
Depositors can also earn an extra 2.40% p.a. grow bonus interest on the first $100,000 if your account balance is $200,000 and above (effectively meaning depositors earn up to 10.05% p.a. on first $100,000 but only 0.05% p.a. on anything above $100,000)
Open a new OCBC 360 Account and fulfill these spend and salary bonus to enjoy 2X interest rate on the first $75,000 balances during the first 2 months of account application. (Until 31 Dec 2024)
Click here to go to OCBC website for more details