Sunday 25 May 2014

OCBC 360 deposit account

Not sure whether you have heard of this product but OCBC has been aggressively marketing it for some time. My payroll colleague has also commented that there are many staffs changing their salary crediting account.

 
I'm quite hesitant to open another account as I actually hold a number of bank accounts. However, the interest rates are too tempting for me to resist. It's even better than the promotional fixed deposit rate 1.38% offered by POSB during the Labour day public holiday.

Do take note that the account fee applies if you do not maintain the minimum monthly balance from second year onwards.

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