Anyone still have missing one Bonus profit for March 2021?

Still processing kot, they say they'll be manually crediting in to affected accounts by 15 Apr

Yes, still waiting for the manual credit.

Mine all in on 2nd April.

Yeah, still missing bonus profit and waiting for it.

Just check acc, my missing bonus profit is in this morning

The send sms said credit the miss out bonus.

I got mine too.

Just to confirm the base interest of 0.05% pa is for maintaining balance at least RM500? I got another sub-account, I got the profit amount for something.

Got mine as well.

Base interest is constant irregardless of minimum balance, calculated based on monthly average balance.

in terms of interest rate,is saving money here better or putting my money in stashaway simple ..say i got a lumpsum of RM15k?

1) Are you going to use OCBC 360 actively as a regular savings account? Then OCBC 360 is, for the moment, the better cboice.

If your goal is to save and forget about it, you don't want to touch the account at all, then use StashAway Simple/Versa.

OCBC 360 is better only if you're able to hit the bonus interest rate, which means you must actively spend minimum RM500 per month using the debit card, deposit minimum RM500 per month, and pay 3 bills per month. The moment you miss one of these bonus tiers, your interest rate for that calendar month will be affected.

2) Is liquidity important (i.e. how quick you want to withdraw money in case of emergencies)? OCBC is instant assess since you can assess the money via any MEPS ATM/online banking/DuitNow/MasterCard function on debit card. StashAway Simple takes at least 3 business days to withdraw from StashAway to your banking account, while money is sitting in StashAway Simple you cannot use the money at all to pay bills etc.

I do not hit the 3rd pillar for debit/credit card spend of RM500.

Is it somehow possible to use my debit card to pay my credit card from other bank? Any creative way to hit this?

You can hit RM500 mark, if you use Ewallet to pay for daily expense (petrols, meals, utility bills, phone bills, etc).

No, must make use of the 16 digit number on card (i.e. the MasterCard function) of debit card.

Easiest way is to use it to reload RM500 in one go to your ewallet like Grab, Touch-n-Go, ShopeePay etc. and use ewallet for daily expenses, and/or use credit/debit card standing instruction for monthly insurance premium payment.

This post has been edited by DragonReine: Apr 19 2021, 03:11 PM

Some (I think all) of the ewallets can reload unlimited from debit cards.

Some ewallets can withdraw to bank. Some are even free for that. Check the respective threads.

Some branches will be closing

https://www.ocbc.com.my/assets/pdf/notices/...ice_15Oct21.pdf



This post has been edited by ckh6003: Apr 20 2021, 02:23 PM

hrmm u brought up a point i overlooked..about liquidity thanks

1. Whats the cut-off date for interest accumulation?
2. and how do I know which date every month is the beginning of a new cycle?

e.g. I have RM1000 which I deposited on 23rd April which is the only transaction I've made for this cycle. Hence assuming the cycle ends on 30th Aprl, my total interest would be about 0.9/365*7*1000 izzit?

Interest are calculated based on monthly average balance, so the cycle starts every 1st day of the month and ends every last day of the month.

All bonuses are applicable to the WHOLE MONTH as long as your eligible transactions are posted (i.e. reflected in your balance and statement) within that month to fulfill the criteria.

You may check the illustrated examples in the OCBC 360 product information document (attached PDF) to see how it's calculated.

This post has been edited by DragonReine: Apr 25 2021, 04:03 PM


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