Online is the mode of transaction and normally won't tied to MCC. It is normally differentiated by TAC/OTP input or merchant name suffix tagging such as EC/ECOM/E-COM
MCC precedes mode of transaction and normally tied to merchant nature of the business.

The T&C of the eFD promo didn't state the requirement of FF:
https://www.ocbc.com.my/personal-banking/ac...0Promo%20TC.pdf

Placement guide:
https://www.ocbc.com.my/personal-banking/ac...al_09042020.pdf

Should be qualified as along as it is NOT made via OCBC internet banking portal:

c) E-commerce and Online purchases are collectively known as “Online Purchases”. This refers to purchases made on an online merchant’s website, and excludes transactions made for payments on OCBC Internet Banking.



This post has been edited by GrumpyNooby: Apr 18 2020, 07:10 PM

Should be RM 50k

This post has been edited by GrumpyNooby: Apr 24 2020, 12:54 PM

Everyday?

Not at all. The amount is so small only.
Cannot even qualified for private banking even if you do in everyday for whole month.

How to configure this?
Tie which account to Quick Cash for the ATM card.

Since base interest is already 0.1%, they may slash the bonus interest.

I'm seeing:

1. 3.1%
2. 2.95%

Agreed with you that 0.5% cut is a big deal.
Well, they need to balance for customers (or cash) retention too.

2.75%

0.5% is really a big deal! zenquix

0.65% cut > 0.5% OPR cut

Is OCBC anticipating another 25 basis point cut in July 2020 and they may not going to revise again in July 2020?

Read their latest T&C:
https://www.ocbc.com.my/assets/pdf/Accounts...unt_TnC_ENG.pdf

I believe Clause 5.2:
5.2. The Board Rate and Bonus Interest Rates fluctuate from time to time and you may find the latest rates at the Bank’s website at www.ocbc.com.my.

Of course they're smarter.
They keep asking you to refer to the latest interest rate at their website in the latest T&C:

I believe you're another guy who has a FOMO syndrome. Gotta catch em all right?

The RHB card that he used is RHB Visa Signature:



Not sure if it comes in pair with RHB World Mastercard.



There's also RHB Cash Back that I found from RP website:



https://ringgitplus.com/en/credit-card/RHB-...html?filter=RHB



This post has been edited by GrumpyNooby: May 8 2020, 06:37 PM

It was extended to 31/12/2019.
Then extended again to 31/12/2020.

This post has been edited by GrumpyNooby: May 19 2020, 09:03 PM

The 5.6%pa* by PSA is a promotional rate.
Renewed yearly for a couple of years.

This post has been edited by GrumpyNooby: May 19 2020, 09:08 PM

All saving account got interest.
Whether it is extremely low close to negligible or matching/exceeding FD with conditional requirement(s) to meet.

This post has been edited by GrumpyNooby: May 19 2020, 09:34 PM

The 3.6% pa is due for a revision since they haven't make any move after the 0.5% OPR cut.
I'm expecting a revision will take effect starting 1/7/2020 and which will be announced 21 days prior to that.

This post has been edited by GrumpyNooby: May 19 2020, 11:50 PM

Yes but credited accordingly as per PDS.