EXO 4th Gear April 2, 2014 Share April 2, 2014 Share this lobang with you guys, OCBC released a new Deposit account with up to 3.05% interest per annum. Basically: - Base interest - 0.05% interest - Giro auto credit your salary into the account - +1% bonus interest - Pay 3 unique bills either through GIRO or online banking - +1% bonus interest - Spend min $400 on your OCBC credit card(s) - +1% bonus interest Total - 3.05% interest per annum *Bonus interested given up to $50k deposit For more information: If I understand correctly, this should be the easiest to hit criteria for such a bonus interest deposit account. ↡ Advertisement Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic April 2, 2014 Share April 2, 2014 Up to 50k only? Link to post Share on other sites More sharing options...
EXO 4th Gear April 2, 2014 Author Share April 2, 2014 Yah lo but "no fish, prawn also good" Up to 50k only? Link to post Share on other sites More sharing options...
Ronleo 6th Gear April 2, 2014 Share April 2, 2014 Up to 50k only? Dun haolian hor... If u got surplus, pass to me. I pay u 5% p.a Swee bo? Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic April 2, 2014 Share April 2, 2014 Dun haolian hor... If u got surplus, pass to me. I pay u 5% p.a Swee bo? Ur credit rating same with OCBC? Lol No la no haolian, ask this question on behalf of T2 Yah lo but "no fish, prawn also good" "No fish, ikan bilis also boleh" Link to post Share on other sites More sharing options...
Solar Turbocharged April 3, 2014 Share April 3, 2014 Share this lobang with you guys, OCBC released a new Deposit account with up to 3.05% interest per annum. Basically: - Base interest - 0.05% interest - Giro auto credit your salary into the account - +1% bonus interest - Pay 3 unique bills either through GIRO or online banking - +1% bonus interest - Spend min $400 on your OCBC credit card(s) - +1% bonus interest Total - 3.05% interest per annum *Bonus interested given up to $50k deposit For more information: If I understand correctly, this should be the easiest to hit criteria for such a bonus interest deposit account. effective 3.05%? many times kenna conned they advertise big big, then calculate effective interest rate ended up much lower. Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic April 3, 2014 Share April 3, 2014 effective 3.05%? many times kenna conned they advertise big big, then calculate effective interest rate ended up much lower. Dont think its EIR Link to post Share on other sites More sharing options...
Kangadrool Supersonic April 3, 2014 Share April 3, 2014 I prefer clean and simple, just pay me 3% for my savings account, give bank back 0.05%; don't need this and that transactions. Link to post Share on other sites More sharing options...
1fast1 Supersonic April 3, 2014 Share April 3, 2014 *Bonus interested given up to $50k deposit Looked good until I saw that. What's the point if it's limited to 50k only? That means we get max $1525 in bonus interest only (plus whatever else we have at either 0.05% or 0.15% p.a., depending on the size of the account). Link to post Share on other sites More sharing options...
Solar Turbocharged April 3, 2014 Share April 3, 2014 I prefer clean and simple, just pay me 3% for my savings account, give bank back 0.05%; don't need this and that transactions. Ya.. pattern leow leow. Maybe learn from one another.. check out dbs multiplier and stand chart bonus saver. Dont think its EIR Ya.. That's why better ask first.. Link to post Share on other sites More sharing options...
Kangadrool Supersonic April 3, 2014 Share April 3, 2014 (edited) after some time, all these "perks" will be gradually eroded. Still remeber (and regreting it) many years back to convert my Passbook a/c to Statement account, they give extra interest, but kena sai...... after some time, this "perk" disappeared and same same as any savings account. End up, got to deal with endless messy statements instead of one passbook. [bigcry] Ya.. pattern leow leow.Maybe learn from one another.. check out dbs multiplier and stand chart bonus saver.Ya.. That's why better ask first.. Edited April 3, 2014 by Kangadrool 1 Link to post Share on other sites More sharing options...
Baal Supersonic April 3, 2014 Share April 3, 2014 btw, anyone familiar on the ownership of OCBC? Link to post Share on other sites More sharing options...
Vid Hypersonic April 3, 2014 Share April 3, 2014 btw, anyone familiar on the ownership of OCBC? Why? You wanna buyout OCBC? Link to post Share on other sites More sharing options...
Lala81 Hypersonic April 3, 2014 Share April 3, 2014 I rather stick to FD. Thanks for the info anyway. Link to post Share on other sites More sharing options...
Baal Supersonic April 3, 2014 Share April 3, 2014 Why? You wanna buyout OCBC? wah lao eh, if I could, I wont kpkb about 80k coe liao. Just to understand if its owned/largely owned by our esteemed SWF. Link to post Share on other sites More sharing options...
Jajoba123 3rd Gear April 3, 2014 Share April 3, 2014 S&P 500 is up even Warren Buffet letter to shareholders openly say he got his wife a Vanguard S&P 500 etf. low cost maybe is best to put your money in stocks now Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic April 3, 2014 Share April 3, 2014 Looked good until I saw that. What's the point if it's limited to 50k only? That means we get max $1525 in bonus interest only (plus whatever else we have at either 0.05% or 0.15% p.a., depending on the size of the account). Put under ur mother, wife, son name etc even maid to earn 3% wah lao eh, if I could, I wont kpkb about 80k coe liao. Just to understand if its owned/largely owned by our esteemed SWF. Thought owned by family? Is it ocbc Or is it UOB? Cos uob owned by DBS vickers about 25% Link to post Share on other sites More sharing options...
Sabian Turbocharged April 3, 2014 Share April 3, 2014 (edited) Put under ur mother, wife, son name etc even maid to earn 3% Thought owned by family? Is it ocbc Or is it UOB? Cos uob owned by DBS vickers about 25% UOB owned by DSB Vickers??? btw, anyone familiar on the ownership of OCBC? Pineapple family Lee owns OCBC Share this lobang with you guys, OCBC released a new Deposit account with up to 3.05% interest per annum. Basically: - Base interest - 0.05% interest - Giro auto credit your salary into the account - +1% bonus interest - Pay 3 unique bills either through GIRO or online banking - +1% bonus interest - Spend min $400 on your OCBC credit card(s) - +1% bonus interest Total - 3.05% interest per annum *Bonus interested given up to $50k deposit For more information: If I understand correctly, this should be the easiest to hit criteria for such a bonus interest deposit account. Easier to buy a boring SG hotel stock. Also 3% or more dividend depending on your purchase price. More straightforward. Can keep for my kids. So many LJ conditions is to hope you c0ck up on one of the conditions then you lan lan suck thumb when the give you only 0.5%. Edited April 3, 2014 by Sabian ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Which bank offers the highest Fixed Deposit rates?
Which bank offers the highest Fixed Deposit rates?
Mother of all scams thread
Mother of all scams thread
Najib implicated in funneling funds into personal a/c
Najib implicated in funneling funds into personal a/c
Electric van leasing firm EVCo declared insolvent with debts of close to $50m
Electric van leasing firm EVCo declared insolvent with debts of close to $50m
The waiting time in calling in to UOB bank
The waiting time in calling in to UOB bank
RIP Wee Cho Yaw!
RIP Wee Cho Yaw!
OCBC reports outage for all its banking services due to 'network issues'
OCBC reports outage for all its banking services due to 'network issues'
OCBC have implemented a security feature on OCBC Digital app to scan your phones for unofficial apps
OCBC have implemented a security feature on OCBC Digital app to scan your phones for unofficial apps