facebookShld i change salary crediting to UOBONE? I can fulfil the $500 spend on credit card per month, and can have $200k bank balances. Shld i choos uob one or ocbc360 to salary credit to? Thanks! - Seedly

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Anonymous

11 Dec 2022

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General Investing

Shld i change salary crediting to UOBONE? I can fulfil the $500 spend on credit card per month, and can have $200k bank balances. Shld i choos uob one or ocbc360 to salary credit to? Thanks!

Discussion (12)

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Use both. i used to do that, but now i just use uob one acct. and put the rest in mmf.

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Split both

i credit salary to ocbc n spend while pay giro n meet $500 for UOB.

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then use giro to pay the credit card n car loan n others

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You should split your balances as SDIC only covers up to 75k

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Keeping 200k as cash sounds a little too much. Is it convenient to ask if there a reason for keep such high balances?

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Unlike OCBC 360, UOB One does not have many criteria to fulfill for the maximum interest rate of 7.8...

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