How to maximise the interest rate for OCBC 360 Savings Account?
Base interest rate(%) p.a.
The base interest rate per annum for OCBC 360 savings account is 0.05%
Bonus Interest Rate(%) p.a
The bonus interest rate per annum for OCBC 360 savings account comes with a few criteria:
- 1.2% p.a. bonus for crediting salary of at least S$2,000 through GIRO
- 0.3% p.a. bonus for paying at least 3 bills adding up to more than S$150 in total
- 0.3% p.a. bonus for spending at least S$500 on credit card
- 1% p.a. bonus if you have at least S$200,000 balance amount
- Up to 1.2% p.a. bonus for spendings on investment or insurance, depending on the product
*Bonus interest only applies to the 1st S$70,000
Terms and fees for OCBC 360 Savings Account
- Initial deposit: S$1,000
- Citizenship status: Singaporeans, PRs and foreigners
- Minimum age to open account: 18
- Minimum Average Daily Balance: S$3,000
- Fall below fee: S$2 (waived for first year)
- Early closure fee: None
For more information, you can check out their website here.