facebookWhat are your thoughts after ocbc announced that there will be some interest rate adjustment for ocbc 360 account? - Seedly

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HL Low

02 Apr 2020

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Saving Hacks

What are your thoughts after ocbc announced that there will be some interest rate adjustment for ocbc 360 account?

After ocbc announced that 2nd May 2020 they will adjust their interest rate. What are your thoughts? Continue with ocbc or change to dbs or uob?

Discussion (6)

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OCBC's adjustment of interest rates for its OCBC 360 account will certainly prompt many to reconsider how they optimize their deposits, especially given the competition among banks like DBS and UOB, which often offer different interest rate packages and conditions. This feeling is somewhat similar to playing https://skribblio.online/ you're not just guessing based on "the most favorable sign," but rather synthesizing many small details to arrive at the most logical answer.

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I think many OCBC 360 users are disappointed by the interest rate adjustment, but it’s understandable with the current market conditions and changing global rates. A lot of people will probably start comparing other savings accounts for better returns now.

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