DBS multiplier vs OCBC 360 account? It has been noted that OCBC has revamped their account recently. Any advise whether I should switch over to 360 or stick to Multiplier? - Seedly

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Asked by Anonymous

Asked on 18 Dec 2018

DBS multiplier vs OCBC 360 account? It has been noted that OCBC has revamped their account recently. Any advise whether I should switch over to 360 or stick to Multiplier?

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Lok Yang Teng
Lok Yang Teng
Top Contributor

Top Contributor (Jan)

Level 6. Master
Updated on 07 Jun 2019

I think it'll be helpful if you can provide info on how much you spend, credit and invest with the particular bank (if applicable) to determine which account can provide higher interest rates. You can take a look at this article by Kenneth: https://blog.seedly.sg/best-savings-accounts-2018/

2 comments

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Question Poster

19 Dec 2018

Hi, I think I can hit the salary credit, step-up and bonus categories. However, I think that the step-up & bonus % are not applicable for the entire sum in the account..
Lok Yang Teng
Lok Yang Teng

19 Dec 2018

That's true, you can check their terms and conditions. The interest is only applicable for up to xx amount.