OCBC

2022 - 11 - 1

OCBC Bank

Post cover — Image courtesy of "The Straits Times"

OCBC raises interest rate on 360 savings account again, adding to ... (The Straits Times)

SINGAPORE — OCBC Bank will again raise the interest rates on its flagship 360 savings account, in the latest move by a lender here to capture a larger slice ...

Currently, OCBC 365 credit card holders who spend at least $500 can earn bonus interest on the account. [raised the maximum interest rate on its Bonus$aver account to 4.88 per cent per annum](https://www.straitstimes.com/business/banking/stanchart-is-latest-lender-to-up-terms-of-account-amid-rising-interest-rates-offers-up-to-488-on-bonusaver) — also its highest for the savings account — up from 2.38 per cent. [upped rates on the 360 account to a maximum of 4.05 per cent a year](https://www.straitstimes.com/business/banking/ocbc-raises-interest-rates-on-360-account-up-to-405-per-annum-on-first-100k) on balances of up to $100,000. Account holders could previously earn a maximum of 2.38 per cent a year of interest on balances of up to $75,000. Beyond the three categories, customers who also invest and buy insurance through the bank can earn interest of 7.65 per cent a year on their first $100,000, up from 4.05 per cent a year. The bank will increase the rate to 4.65 per cent a year from Tuesday, up from 1.85 per cent a year currently, on the first $100,000 in customers’ bank accounts when they credit their salary, save and spend with the bank.

OCBC to raise flagship OCBC 360 account interest rates up to 7.65% (The Edge Singapore)

The revised rates mark an all-time high for the bank.

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.

OCBC to raise interest rates again for 360 savings account (CNA)

SINGAPORE: OCBC Bank will raise interest rates again for its flagship 360 savings account, following a similar move in August. Customers will be able to ...

Those who meet the requirements for two more categories – Wealth (Insure) and Wealth (Invest) – can earn an interest of 7.65 per cent per annum on the first S$100,000 in their bank account from Nov 1, an increase from the current rate of 4.05 per cent. To qualify for the higher interest rates, customers must credit a salary of at least S$1,800 through GIRO, increase their account balance by at least S$500 a month, as well as spend at least S$500 on selected OCBC credit cards. Customers will be able to earn an interest of 4.65 per cent per year from Tuesday (Nov 1) on the first S$100,000 in their account - an increase from the current 1.85 per cent - when they credit their salary, save and spend with the bank.

OCBC Will Raise Interest Rate On 360 Savings Account, No ... (Must Share News)

OCBC will raise the interest rate on their 360 savings account to 4.65% a year from 1 Nov. There'll be no changes to the existing crtieria.

[OCBC Bank](https://mustsharenews.com/govt-payments-ocbc-atms/) has now upped the ante by raising the interest rate on their 360 Savings Account for the second time this year. [OCBC raised the 360 Account interest rate](https://www.straitstimes.com/business/banking/ocbc-raises-interest-rates-on-360-account-up-to-405-per-annum-on-first-100k) to 4.05% a year on the first S$100,000. [notice](https://www.ocbc.com/personal-banking/notices) on Monday (31 Oct), OCBC said the interest rate for their 360 Account will be revised from Tuesday (1 Nov). [credit cards](https://mustsharenews.com/cardspal-cashback/) to be eligible in the “spend” category. OCBC Raises Interest Rate On 360 Savings Account To 4.65 A Year On First S$100,000 In Account [luring customers with high interest rates](https://mustsharenews.com/long-queues-banks/).

OCBC raises interest rates on 360 savings account again, adding to ... (The Straits Times)

The rate will go up to 4.65% a year on the first $100000, up from 1.85% currently. Read more at straitstimes.com.

Currently, OCBC 365 credit card holders who spend at least $500 can earn bonus interest on the account. [raised the maximum interest rate on its Bonus$aver account to 4.88 per cent per annum](https://www.straitstimes.com/business/banking/stanchart-is-latest-lender-to-up-terms-of-account-amid-rising-interest-rates-offers-up-to-488-on-bonusaver) – also its highest for the savings account – up from 2.38 per cent. [upped rates on the 360 account to a maximum of 4.05 per cent a year](https://www.straitstimes.com/business/banking/ocbc-raises-interest-rates-on-360-account-up-to-405-per-annum-on-first-100k) on balances of up to $100,000. Account holders could previously earn a maximum of 2.38 per cent interest a year on balances of up to $75,000. Beyond the three categories, customers who also invest and buy insurance through the bank can earn interest of 7.65 per cent a year on their first $100,000, up from 4.05 per cent a year. The bank will increase the rate to 4.65 per cent a year from Tuesday, up from 1.85 per cent a year currently, on the first $100,000 in customers’ bank accounts when they credit their salary, save and spend with the bank.

Two of Singapore's 'big three' banks to report earnings (DBS, OCBC) (FOREX.com)

DBS Group Holding (D05.SI) release their Q3 2022 earnings on Thursday, with a media briefing scheduled for 10:30 SGT (13:30 AEDT) and the analyst briefing is at ...

The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Resistance is also nearby at 35 and the monthly R1 pivot point, and RSI (2) is overbought - which can indicate a near-term turning point. The daily chart shows that DBS performed a strong breakout (with high volume) from its sideways range after prices found support at the 200-day and 50-day EMA’s. The stock currently trades at 34.2 and has a median price target of 39.11 (+14%). A bearish pinbar formed yesterday with low volume, and today’s price action is struggling to take out the hammer high at the time of writing. Whilst Singapore’s regulators continue to clamp down on crypto trading for retailers, Singapore wants to become a digital-asset hub within the financial sector – and this could be the first step of many which help them do just that. However, there are a couple of warning signs that it may need to retrace a little before continuing higher. Speaking with Reuters, she said that their capital is good for the bank to enter a decent phase of growth. It will be the second earnings report for one of Singapore’s big three banks’.