I get what you mean. But in his case, I think the bank refer the user cc usage as a whole rather than just the user cc spending in each categories. So, when he swipe 20k or more monthly regardless of where he spend, he still swipe 20k total on his cc, due to that spending pattern bank deems he is abuser and decided to block him.

Anyway, its a good info for other users to take note, especially those cc-cash users.

that's me. i did like transferring 30k from ocbc saving acct to psa, like 5-10 times a month. they called and i said to earn interest.

then after few weeks received a hardcopy letter saying they are closing my saving acct. i didnt argue as i have been working with Singaporeans and i know it is pointless.

U play with their cut off time?

trying to game the bank lo but banker always win in d end

haha ya, for half a year or so. explained two times through phone and they seemed ok. first time even suggested "is it to earn interest" to me which i said yes. about two months later call again and i said to earn interest. then few weeks later they asked me to go bank (like 2, 3 calls within a month) that i didnt want to. then i received the letter lo. by that time i already opened up sc psa and hlb so didnt want to pursue la.

oh they didnt cut my pink card. and gave me rm50 + rm25 tax after i tried to close it...

it is a process. there is no end. gain is calculated along the journey. 😉

This post has been edited by cclim2011: Sep 18 2021, 11:37 AM

i thought ocbc journey ended. they reinstated ur account?

came to check if anything changed to the ccard benefit 😁
i meant no end as in... who knows ocbc will merge with other bank etc and i become customer again 😂

This post has been edited by cclim2011: Sep 18 2021, 11:40 AM

Icic, but even myself when I want to pay credit card bill, I will use OCBC to transfer and I will normally transfer after 10pm.. their interest no longer attractive.. just keep some money to do payment only..

yaya. now left rhb saving acct that is higher than fd i think. i am using hlb for cc payment. not too bad interface.

Just want to reconfirm FPX transaction and Direct debit (both money out) are belong to Spend or Pay category?

This post has been edited by rocketm: Oct 6 2021, 10:37 AM

Fpx excluded. Money out from bank account is belong to Pay category.

4.3. Pay Bonus Interest
A minimum of 3 Bill Payments must be made from your OCBC 360 Account within the calendar month to be eligible for the Pay Bonus
Interest. This includes payment via standing instruction to your OCBC home loan facility and/or retail payment channel of OCBC Online
Banking to:
(a) your OCBC/OCBC Al-Amin home loan facility; or
(b) any account with any bank or financing institution other than the Bank and OCBC Al-Amin Bank Berhad (Company No.
200801017151 / 818444-T); or
© any participating billing organisations; or
(d) payment by Interbank GIRO/DuitNow conducted through OCBC Online Banking, but excluding any payment by the
Financial Process Exchange (FPX)/DuitNow QR platforms.


https://www.ocbc.com.my/assets/pdf/Accounts...unt_TnC_ENG.pdf

Direct debit is consider under the Pay category right?

From search of this thread, for direct debit from debit card is consider as Spend category. While standing instruction is consider as Pay category.

This post has been edited by rojakwhacker: Oct 6 2021, 11:54 AM

ok, should be true.

I remember the direct debit transaction require me to insert my debit card number. So, it is under Spend category.

Have not using standing instruction yet so cannot verify on that.

Thank you for helping out me.

Yes correct. Pay with card = spend, pay with account balance = pay.

seems many ppl is moving out their money from OCBC to RHB Smart Account, i am also one of them..haha.

RHB Apps is intuitive..i like it..but the website version still...yuckss..

The nice thing about the website is it clearly shows you whether you have met your goals to get the bonus interest. No need to count yourself.

What is the latest rates comparison btw these 2 n SCB PSA?

I think most moved to SCB earlier already. But SCB rates have dropped, so left RHB 2.85 is the best (without investment)

Currently I have both PSA(2.15%) & OCBC360, mostly using PSA n exceeded funds only use OCBC360. I have RHB BSA and didnt know RHB Smart is giving a good 2.85%, thanks for this info.