facebookIf I have $200K, does it make sense to deposit with the OCBC 360 account to earn the extra 2.4% interest? - Seedly

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Anonymous

25 Jan 2024

Saving Hacks

If I have $200K, does it make sense to deposit with the OCBC 360 account to earn the extra 2.4% interest?

OCBC 360 account gives an additional 2.4% for balances above $200K. However, it seems like the 2.4% is only on the first $100K and the remaining $100K does not earn any interest. Hence, does it still make sense to keep $200K in OCBC 360 account?

Discussion (11)

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Yeah, split to ocbc and uob. one earn 4%, the other earn 5%.

UOB one account is easier, along with its conditions of achieving the high interest

If u spend at least $500 mth go for uob...

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