OCBC Bank will be raising interest rates on its flagship 360 savings account from Thursday (Sep 1), as it joins other local banks in account revisions amid ...
SINGAPORE - OCBC Bank will be raising interest rates on its flagship 360 savings account from Thursday (Sept 1), as it joins other local banks in account ...
UOB also increased rates on its One Account for a new tier of balances above $75,000 and up to $100,000. Account holders who spend at least $500 each month on the OCBC 365 credit card can earn up to 0.35 per cent a year of bonus interest. [increased rates for its Multiplier account,](https://www.straitstimes.com/business/banking/dbs-raises-interest-rates-on-its-flagship-savings-account) which means that its customers can now earn a maximum of 3.5 per cent a year, up from 3 per cent previously, for balances of more than $50,000 and up to $100,000. From Sept 1, OCBC is also including a new account balance tier, with the maximum balance on which customers can earn bonus interest rates rising from $75,000 to $100,000. This brings it in line with the changes introduced by other local banks to offer higher interest rates on balances of up to $100,000. Prior to this, account holders could earn a maximum of 2.38 per cent a year of interest on balances of up to $75,000.