OCBC 360

ashart By ashart, 8th May 2015 | Follow this author | RSS Feed
Posted in Wikinut>Money>Saving

For those who are living in Singapore, OCBC has a saving account that is called OCBC 360 Account, which has the best saving interest in Singapore currently. With their new changes implemented, you are earn up to maximum of 4.2%. Read more to find out how!

OCBC 360 Account

The OCBC 360 Account has been around for more than a year with an attractive interest of 3% p.a when you fulfilled 3 criteria. The criterias are easy to meet! They are crediting your salary, pay 3 unique bills and spend at least S$400 in total across your OCBC credit cards. Bonus interest on the first S$50,000 in your account. Base interest is 0.05% p.a.

With effect from 1st May 2015, you can now earn up to 4.2% with the OCBC 360 account! The bonus interest are now applicable to the first S$60,000 in your account. Two new criteria are added which is Insure or invest and also increase your account balance from the previous month balance. Check out what are the new criteria required to earn at these interest rate! Base interest remains unchanged.

You can only create ONE 360 Account where you are the Primary Account holder. Below are just simple description about the account, go to the website to read more!

Credit your salary

1. You have to credit a salary of at least S$2,000.
2. Only salary credit through GIRO with the transaction description "GIRO - SALARY" in your statements would qualified.
3. Inform your HR department of your new account number which you will only need to do it once.

For this, you will earn 1.2% p.a.

Pay 3 unique bills

1.Make 3 unique bill payments from this account with OCBC Online Banking using Pay Any Bill and Pay Any Card services or through GIRO.
2. Any payment that is subsequently cancelled will be void.
3. Multiple payment to the same bill within the month is considered as single payment.

For this, you will earn 0.5% p.a.

Spend at least 500 in total with OCBC credit cards (NEW)

1. You need to spend at least S$500 in total with OCBC credit cards.
2. You need to be the primary account holder of the 360 Account as well as the principal card member of the eligible OCBC Credit Card.
3. Any OCBC credit cards will do, the staff will guide you along at the counter if you have more questions regarding which credit card to take up.

For this, you will earn 0.5% p.a.

Insure or invest and get this bonus for 12 months (NEW)

1. From 1 May 2015, purchase any new eligible financial product from OCBC of at least the minimum amount, such as Endowment of at least S$8,000 in annual premium, or investment products such as Unit Trust or Structured Deposits of at least S$40,000.
2. You need to be the primary account holder of the 360 Account.
3. This bonus interest is paid for 12 months after the free look/cancellation period or 14 days, whichever is longer.

For this, you will earn 1% p.a.

Increase your account balance from the previous month’s balance (NEW)

1. Incremental account balance is the difference between current and previous month's account average daily balance.
2. The bonus interest will be paid on incremental account balance of up to S$1,000,000.

For this, you will earn 1% p.a.


Have a look and decide whether is this a good saving account to go for. Not promoting anything, just want to spread the word about a good deal that is worth going through the hassle for. So far, this is the only saving account that is offering the highest interest! Go consider it!


Changes, Ocbc 360

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author avatar ashart
I love writing. I like to write whatever that comes to my mind.




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author avatar Legend
8th May 2015 (#)

Is it available for nonsingapore?

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author avatar ashart
8th May 2015 (#)

Hi Legend, you can check out more on the website? I think it is only available for Singaporeans, Permanent Residents, E-Pass and S-Pass Holders who are currently living in Singapore.

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