OCBC raises interest rates on 360 account; up to 4.05% a year on first $100k

[TerrexLee]

OCBC Bank will be raising interest rates on its flagship 360 savings account from Thursday (Sep 1), as it joins other local banks in account revisions amid the rising rate environment.

With this change, customers can earn interest of up to 4.05 per cent a year on balances of up to S$100,000, the bank said in a statement on Tuesday (Aug 30).

Prior to this, account holders could earn a maximum of 2.38 per cent a year of interest on balances of up to S$75,000.

More at https://shrtcô.de/rkb6Bd

 

[hollowman]

If cannot afford to give then don't offer.
Why imposed on 1st 100k
Means conning

Be clear minded

 

[laksaboy]

What is a '360' account? Is it a savings account, a current account or something more?

What's with the hipster naming convention? Trying to copy Norton?

 

[Boliao]

Too complicated. Like DBS multiplier, need to save, spend, invest and insure. WTF.