OCBC interest rate

OCBC said that the total bonus interest comes up to 4.05 per cent.

With regard to the reinstatement of the "Spend" category, OCBC said that customers can earn interest rates of up to 0.35 per cent annually by spending at least S$500 on their OCBC 365 credit cards. OCBC also highlighted that for customers who continue to credit a salary of at least S$1,800 into their account by GIRO and saving at least S$500 more than the previous month, customers can earn bonus interest of up to 1.5 per cent per annum, up from 0.98 per cent per annum previously. A new account balance tier has also been included and the maximum account balance that customers can earn bonus interest rates on has been increased from S$75,000 to S$100,000. As for customers who perform transactions in the bonus interest categories of Salary, Save, Wealth (Insure), Wealth (Invest) and Spend, they can earn bonus interest of up to 4.05 per cent per annum on the first S$100,000 in their bank account. For example, crediting their salary into the account will now earn up to 1.1 per cent interest per annum, while saving S$500 more a month will earn up to 0.35 per cent per annum. In addition, the "Spend" bonus interest category has been reinstated for customers who spend S$500 on the OCBC 365 credit card.