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

I think the key is to compare the actual effective interest rate after meeting each bank’s requirements rather than switching immediately. Since DBS, UOB and OCBC, http://2048classic.io/ were all adjusting rates around that period, moving banks might not necessarily lead to a better return.

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.