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> OCBC 360 Savings Account - Up to 4.1% Interest !, Get higher interest on your savings acct

AIYH
post Sep 20 2016, 07:42 AM

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Hi,

I plan to open an ocbc 360 account.

Is there any annual fee for this account?

Understand from the product sheet that it has an card issuance fee of RM8. This is a one time upfront charges?

Is there any other charges I should watch out?

And for this account, I only need to open it with rm200 and can withdraw the remaining and keep rm20 for the minimum balance?
Ramjade
post Sep 20 2016, 05:25 PM

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QUOTE(AIYH @ Sep 20 2016, 07:42 AM)
Hi,

I plan to open an ocbc 360 account.

Is there any annual fee for this account?

Understand from the product sheet that it has an card issuance fee of RM8. This is a one time upfront charges?

Is there any other charges I should watch out?

And for this account, I only need to open it with rm200 and can withdraw the remaining and keep rm20 for the minimum balance?
*
No way is one time. Usually is annually. That one I don't know about min amount.

QUOTE(elchico @ Sep 20 2016, 05:15 PM)
Sorry, what do u mean "going for CB"? cashback? wink.gif

normally, ppl maintain a few Credit Cards... So what is switching 1 of your credit cards from other banks to OCBC....
Also, even if you don't achieve this criteria, you just lose out on 1.2%... so still get 2.9% for normal savings account...

the calculation is 0.5% for normal savings + 1.2% for each SAVE, PAY, SPEND criteria...

Cheers!
*
CB = cash back. Spending rm500 on a CC without any CB benefits is wasting money.

Besides, who needs 2.9% when maybank eGIA-i is giving 3.60%? whistling.gif
deity01
post Sep 20 2016, 05:48 PM

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QUOTE(AIYH @ Sep 20 2016, 07:42 AM)
Hi,

I plan to open an ocbc 360 account.

Is there any annual fee for this account?

Understand from the product sheet that it has an card issuance fee of RM8. This is a one time upfront charges?

Is there any other charges I should watch out?

And for this account, I only need to open it with rm200 and can withdraw the remaining and keep rm20 for the minimum balance?
*
is NOT annual fee, just ONE TIME CHARGE when card issuance


no other charges..just need to fulfil the conditions to get 4.1% on ur saving average balance

This post has been edited by deity01: Sep 20 2016, 05:53 PM
whatsayyou
post Sep 21 2016, 04:20 PM

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Is there a minimum bill payment amount?
Will a RM1 or RM5 bill payment suffice?

For OCBC SG, S$1 bill payment is valid to fulfil the 3 bill payment criteria.
deity01
post Sep 22 2016, 10:43 AM

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QUOTE(whatsayyou @ Sep 21 2016, 04:20 PM)
Is there a minimum bill payment amount?
Will a RM1 or RM5 bill payment suffice?

For OCBC SG, S$1 bill payment is valid to fulfil the 3 bill payment criteria.
*
can
i tried paying my housing loan acc with RM1 and it counts fulfilling the payment criteria
drbone
post Sep 22 2016, 12:15 PM

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QUOTE(Ramjade @ Sep 20 2016, 05:25 PM)
No way is one time. Usually is annually. That one I don't know about min amount.
CB = cash back. Spending rm500 on a CC without any CB benefits is wasting money.

Besides, who needs 2.9% when maybank eGIA-i is giving 3.60%? whistling.gif
*
Which card would you say is the best in terms of cashback? I am using Maybank2cards and my main expenditures are petrol and utility bills, dining not that much. I always wait till the weekend to use the AMEX card because of the X5 treatspoints. Any card better than this?
Ramjade
post Sep 22 2016, 12:39 PM

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QUOTE(drbone @ Sep 22 2016, 11:28 AM)
Thanks a lot! Just put into GIA, now just gotta wait for the returns. But based on our discussions, looks like OCBC 360 savings account is a better choice?
*
Nope. Cause you need to spend RM500 on OCBC card which particularly give 0% CB. SO if you don't spend RM500, you only have 2.9%p.a only. Tell me eGIA-i at 3.60%p.a vs OCBC 360 at 2.9% p.a. Which one is better? biggrin.gif

QUOTE(drbone @ Sep 22 2016, 12:15 PM)
Which card would you say is the best in terms of cashback? I am using Maybank2cards and my main expenditures are petrol and utility bills, dining not that much. I always wait till the weekend to use the AMEX card because of the X5 treatspoints. Any card better than this?
*
Of course. Maybank 2 cards is just crap since it only earn you max 1.25% nett cash back.
Maybank ikhwan for groceries + petrol
Any aeon card + CIMB CB Gold/platinum for utility which can be paid via Posonline to earn close to 3% CB. (2.xx%)
Public Bank Visa Signature if you are eligible 6% off utility payment if I am not mistaken.

Now tell me, worth or not to open OCBC 360? rclxms.gif
deity01
post Sep 22 2016, 06:47 PM

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QUOTE(Ramjade @ Sep 22 2016, 12:39 PM)
Nope. Cause you need to spend RM500 on OCBC card which particularly give 0% CB. SO if you don't spend RM500, you only have 2.9%p.a only. Tell me eGIA-i at 3.60%p.a vs OCBC 360 at 2.9% p.a. Which one is better?  biggrin.gif 
Of course. Maybank 2 cards is just crap since it only earn you max 1.25% nett cash back.
Maybank ikhwan for groceries + petrol
Any aeon card + CIMB CB Gold/platinum for utility which can be paid via Posonline to earn close to 3% CB. (2.xx%)
Public Bank Visa Signature if you are eligible 6% off utility payment if I am not mistaken.

Now tell me, worth or not to open OCBC 360?  rclxms.gif
*
if for sure you surely spend rm500 on CC which all the card that you have do not hv better benifits, then OCBC 360 4.1% better

dont just talk about 3% CB or 2% CB or 5% CB or etc, do remember, your cashback got CAP, usually CAP RM50, unless those 1% unlimited CB

if you hv RM1000 in your saving account, then of cos you better use those credit card with 5% CB to maximize your benifits, but if you have RM20k in saving account constantly then of cos OCBC 360 4.1% better

so it is actually up to the to determine which 1 is better for him/her
Ramjade
post Sep 22 2016, 07:19 PM

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QUOTE(deity01 @ Sep 22 2016, 06:47 PM)
if for sure you surely spend rm500 on CC which all the card that you have do not hv better benifits, then OCBC 360 4.1% better

dont just talk about 3% CB or 2% CB or 5% CB or etc, do remember, your cashback got CAP, usually CAP RM50, unless those 1% unlimited CB

if you hv RM1000 in your saving account, then of cos you better use those credit card with 5% CB to maximize your benifits, but if you have RM20k in saving account constantly then of cos OCBC 360 4.1% better

so it is actually up to the to determine which 1 is better for him/her
*
Who keeps rm20k/account? Most people keep rm5-10k. Besides how often do you see an ocbc atm machine?
If a person spends like rm2k-rm3k/ month still better to go for other eGIA-i than ocbc 360.
Why? Maybank ikhwan, public bank visa signature, maybank visa signature,

Sorry la. I am anti-ocbc as I feel that they are not genuine. A genuine bank will give you clear cut way.

Let's ask cklimm for hia opinion. Is ocbc 360 worth it for some guy with rm20k in his account?
deity01
post Sep 23 2016, 12:31 AM

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QUOTE(Ramjade @ Sep 22 2016, 07:19 PM)
Who keeps rm20k/account? Most people keep rm5-10k. Besides how often do you see an ocbc atm machine?
If a person spends like rm2k-rm3k/ month still better to go for other eGIA-i than ocbc 360.
Why? Maybank ikhwan, public bank visa signature, maybank visa signature,

Sorry la. I am anti-ocbc as I feel that they are not genuine. A genuine bank will give you clear cut way.

Let's ask cklimm for hia opinion. Is ocbc 360 worth it for some guy with rm20k in his account?
*
who keep 20k in an account? haha..u never know... whistling.gif



Why? Maybank ikhwan, public bank visa signature, maybank visa signature,
seems like you assume everyone can simply get all together these cards, even one person with all these cards can hit maximum cashback always in their respective category..and ppl can easily hit the maybank vs annual fee waiver requirement..


who cares it is genuine or not genuine, as long as you can achieve the requirements...
y need to think it is genuine or not? just treat it as a game...u achieve u get reward/level up/special weapon/ability...or like a sales person, or your iko, u hit target u get bonus, or ppl doing franchise business, u do good you get contract renewal, or simply parent trying to encourage child to study well, u get 80 points and above, you get to buy a lego set.. thumbup.gif

This post has been edited by deity01: Sep 23 2016, 12:47 AM
Ramjade
post Sep 23 2016, 01:08 AM

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QUOTE(deity01 @ Sep 23 2016, 12:31 AM)
who keep 20k in an account? haha..u never know... whistling.gif
Why? Maybank ikhwan, public bank visa signature, maybank visa signature,
seems like you assume everyone can simply get all together these cards, even one person with all these cards can hit maximum cashback always in their respective category..and ppl can easily hit the maybank vs annual fee waiver requirement..
who cares it is genuine or not genuine, as long as you can achieve the requirements...
y need to think it is genuine or not? just treat it as a game...u achieve u get reward/level up/special weapon/ability...or like a sales person, or your iko, u hit target u get bonus, or ppl doing franchise business, u do good you get contract renewal, or simply parent trying to encourage child to study well, u get 80 points and above, you get to buy a lego set.. thumbup.gif
*
When banks come up with complicated t&c, and stright put 4.1%, you better do your calculations. And what do you know? whistling.gif whistling.gif

Yes OCBC wins Maybank eGIA-i with 4.1% compounded every month. But it didn't win when you factor in CB. I set both spend a separate Rm1k/month one using maybank ikhwan card and one using OCBC CC as we know from Gen-X's post OCBC doesn't give any good CB. rclxm9.gif rclxms.gif
user posted image

This post has been edited by Ramjade: Sep 23 2016, 01:50 AM
deity01
post Sep 23 2016, 10:32 AM

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QUOTE(Ramjade @ Sep 23 2016, 01:08 AM)
When banks come up with complicated t&c, and stright put 4.1%, you better do your calculations. And what do you know?  whistling.gif  whistling.gif

Yes OCBC  wins Maybank eGIA-i with 4.1% compounded every month. But it didn't win when you factor in CB. I set both spend a  separate Rm1k/month one using maybank ikhwan card and one using OCBC CC as we know from Gen-X's post OCBC doesn't give any good CB.  rclxm9.gif  rclxms.gif
user posted image
*
I think it does not work this way, if you want to calculate, u need a bit complex calculation like CB earn + 4.1% interest earned..then which threshold of saving maximise or start gv better result to users..

I know u are against the OCBC 360 4.1% with so much several conditions to fulfil..all ur post shows your bias..

if this is not the right account for the person, the person can consider other options..these are just options/tools...this account maybe suitable for others person in the same time...

anyway..no any tools is suitable for everyone/every situation, ppl just need to know and choose wisely

This post has been edited by deity01: Sep 23 2016, 10:39 AM
Ramjade
post Sep 23 2016, 11:27 AM

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QUOTE(deity01 @ Sep 23 2016, 10:32 AM)
I think it does not work this way, if you want to calculate, u need a bit complex calculation like CB earn + 4.1% interest earned..then which threshold of saving maximise or start gv better result to users..

I know u are against the OCBC 360 4.1% with so much several conditions to fulfil..all ur post shows your bias..

if this is not the right account for the person, the person can consider other options..these are just options/tools...this account maybe suitable for others person in the same time...

anyway..no any tools is suitable for everyone/every situation, ppl just need to know and choose wisely
*
I know you will say that. biggrin.gif rclxms.gif So I included in a one where a OCBC person uses Maybank Ikhwan and get 5% cashback too. Both spending RM1k/month to be fair fight. Both cashback is not calculated into the equation.
user posted image

Alright since you requested for complex calculation. Let's include in CB earned + 4.1%. I included in my formula too so you cannot say I cheat.
user posted image

Hey, how about if someone keeps RM20k in his account? No problem. whistling.gif whistling.gif
user posted image

Let's try with RM20k + CB + interest and see (the complex calculation and see)
user posted image
Even with RM20k also, still short by RM200+ woh. How? confused.gif biggrin.gif

I am not bias. Maths don't lie my friend. If OCBC can come out with a sweeter deal than Maybank, I will be their customer. rclxms.gif laugh.gif

The thing I am trying to emphasize is lots of people see 4.1% straight open account without first seeing which one gives better returns. And OCBC doesn't have a good CC to counter the RM500 usage. Even their titanium gives only 0.1% on all type of spending which is totally negligible.
https://ringgitplus.com/en/credit-card/OCBC...MasterCard.html

so drbone and heavensea, you got your answers already. tongue.gif Is OCBC 360 good? No!!!

This post has been edited by Ramjade: Sep 23 2016, 11:31 AM
AIYH
post Sep 23 2016, 11:44 AM

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1) The OCBC 360 account is worth it provided you max out all the available cash back credit card that suits your spending habit and have RM500 extra expense to spend on OCBC card to maximize the interest available.

2) Otherwise, OCBC 360 account does not worth for those who are unable to maximize other available cash back credit card.

3) However, I understand that the extra interest for each criteria fulfilled will only credit to us on 14th business day of the next month.

@Ramjade will you try to do another calculation to accommodate the paragraph 3 criteria based on paragraph 1 user, that is to assume both customers had maximize the cash back credit card available in the market for their expense. Also assume the first customer put the principal amount X in Maybank eGia-i and do nothing else, the second customer put the same principal amount X in OCBC 360 account with monthly extra rm500 on ocbc CC spending and rm3 on bills payment and CB earned into it. biggrin.gif

We try to compare them fairly with the full disclosure condition above to see by technically and ideally how much does OCBC 360 maximum interest really have advantage over eGIA-i. smile.gif

Also note that OCBC 360 extra interest only applies to the first 50k/100k amount (forgot which one) tongue.gif
Ramjade
post Sep 23 2016, 11:53 AM

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QUOTE(AIYH @ Sep 23 2016, 11:44 AM)
1) The OCBC 360 account is worth it provided you max out all the available cash back credit card that suits your spending habit and have RM500 extra expense to spend on OCBC card to maximize the interest available.

2) Otherwise, OCBC 360 account does not worth for those who are unable to maximize other available cash back credit card.

3) However, I understand that the extra interest for each criteria fulfilled will only credit to us on 14th business day of the next month.

@Ramjade will you try to do another calculation to accommodate the paragraph 3 criteria based on paragraph 1 user, that is to assume both customers had maximize the cash back credit card available in the market for their expense. Also assume the first customer put the principal amount X in Maybank eGia-i and do nothing else, the second customer put the same principal amount X in OCBC 360 account with monthly extra rm500 on ocbc CC spending and rm3 on bills payment and CB earned into it.  biggrin.gif

We try to compare them fairly with the full disclosure condition above to see by technically and ideally how much does OCBC 360 maximum interest really have advantage over eGIA-i.  smile.gif

Also note that OCBC 360 extra interest only applies to the first 50k/100k amount (forgot which one)  tongue.gif
*
1) & 2) I agree. Only useful for those HNWI notworthy.gif notworthy.gif
3) I am sorry. I have not been keeping track of all CC. I am just looking at the best CC that I can afford. I am not sifu Gen-X. sad.gif
AIYH
post Sep 23 2016, 12:01 PM

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QUOTE(Ramjade @ Sep 23 2016, 11:53 AM)
1) & 2) I agree. Only useful for those HNWI notworthy.gif  notworthy.gif
3) I am sorry. I have not been keeping track of all CC. I am just looking at the best CC that I can afford. I am not sifu Gen-X.  sad.gif
*
No need to know all CC, just assume both customers in the scenario are smart and able to maximize all available cash back credit card that suits their spending. biggrin.gif

We compare eGIA-i and OCBC 360 on equal ground to compare them fairly and all the criteria needed to see which one has better interest rate and by how much tongue.gif
deity01
post Sep 23 2016, 01:26 PM

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QUOTE(Ramjade @ Sep 23 2016, 11:27 AM)
I know you will say that.  biggrin.gif  rclxms.gif So I included in a one where a OCBC person uses Maybank Ikhwan and get 5% cashback too. Both spending RM1k/month to be fair fight. Both cashback is not calculated into the equation.
user posted image

Alright since you requested for complex calculation. Let's include in CB earned + 4.1%. I included in my formula too so you cannot say I cheat.
user posted image

Hey, how about if someone keeps RM20k in his account? No problem.  whistling.gif  whistling.gif
user posted image

Let's try with RM20k + CB + interest and see (the complex calculation and see)
user posted image
Even with RM20k also, still short by RM200+ woh. How?  confused.gif   biggrin.gif

I am not bias. Maths don't lie my friend. If OCBC can come out with a sweeter deal than Maybank, I will be their customer. 

The thing I am trying to emphasize is lots of people see 4.1% straight open account without first seeing which one gives better returns. And OCBC doesn't have a good CC to counter the RM500 usage. Even their titanium gives only 0.1% on all type of spending which is totally negligible.
https://ringgitplus.com/en/credit-card/OCBC...MasterCard.html

so drbone and heavensea, you got your answers already.  tongue.gif Is OCBC 360 good? No!!!
*
yup...those are ideal cases..everyone hv 5% cashback card? everyone can maximise their cashback? everyone spend that much? your calculation is for the ideal world only..math is just math..real world dont use math to calculate...

I do hv ikhwan 5%, ocbc titanium, OCBC 360, placed eGIA b4..like me..i spend on gov related transactions on ocbc ti which earn me nothing from ikhwan..but still earn the miserable 0.1%CB..like I said earlier...these are just tools, you are the one who determine how to use those tools...

hv everything and use everything when it is necessary/appropriate...u so like to calculate, y dont u go calculate if ppl use the ikhwan 5% + OCBC 4.1% + OCBC ti CB will gain how much instead of keep promoting OCBC 360 is no good..this will benefits everyone the most..
shakehead.gif doh.gif

you are talking like: ppl, please stay away from OCBC 4.1%, always say NO to OCBC360..still not bias?
I will tell everyone...please try to hv everything and use them wisely..

This post has been edited by deity01: Sep 23 2016, 01:34 PM
Ramjade
post Sep 23 2016, 03:18 PM

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QUOTE(deity01 @ Sep 23 2016, 01:26 PM)
yup...those are ideal cases..everyone hv 5% cashback card? everyone can maximise their cashback? everyone spend that much? your calculation is for the ideal world only..math is just math..real world dont use math to calculate...

I do hv ikhwan 5%, ocbc titanium, OCBC 360, placed eGIA b4..like me..i spend on gov related transactions on ocbc ti which earn me nothing from ikhwan..but still earn the miserable 0.1%CB..like I said earlier...these are just tools, you are the one who determine how to use those tools...

hv everything and use everything when it is necessary/appropriate...u so like to calculate, y dont u go calculate if ppl use the ikhwan 5% + OCBC 4.1% + OCBC ti CB will gain how much instead of keep promoting OCBC 360 is no good..this will benefits everyone the most..
shakehead.gif  doh.gif

you are talking like: ppl, please stay away from OCBC 4.1%, always say NO to OCBC360..still not bias?
I will tell everyone...please try to hv everything and use them wisely..
*
Alright, since you tak puas hati, I give you another photo. An eg where the person don't maximise their cashback.
user posted image

Note:
1. Maybank Ikhwan usage for both comparison did not hit the maximum cashback of RM50 (as requested by deity01)
2. Spending of both is at RM1k
3. Inclusion of both OCBC Ti & CIMB CB to demonstrate stuff not covered by Maybank Ikhwan (bills/insurance/others) which also did not hit the max cash back of CIMB CB.
4. Since one need to spend min RM500 with a OCBC CC to be eliglible for the 4.1%, there's no other way to decrease the amount to lesser than RM500.
5. I did not include in the high level Maybank Visa Signature and Public Bank Visa Siganture as how many can afford to apply for them? The ones I include are Maybank Ikhwan, Cimb CB, OCBC Ti which needs only need about RM30k/year of salary.

I think with so many proof, the result is crystal clear. thumbup.gif thumbup.gif

I rest my case. biggrin.gif biggrin.gif

OCBC 360 IS GOOD IF you compare against a normal account paying like 0.1%/1%/2.x%. But what I am saying is there are better alternatives available IF one wants to get maximum returns.

This post has been edited by Ramjade: Sep 23 2016, 03:29 PM
deity01
post Sep 23 2016, 03:53 PM

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QUOTE(Ramjade @ Sep 23 2016, 03:18 PM)
Alright, since you tak puas hati, I give you another photo. An eg where the person don't maximise their cashback.
user posted image

Note:
1. Maybank Ikhwan usage for both comparison did not hit the maximum cashback of RM50 (as requested by deity01)
2. Spending of both is at RM1k
3. Inclusion of both OCBC Ti & CIMB CB to demonstrate stuff not covered by Maybank Ikhwan (bills/insurance/others) which also did not hit the max cash back of CIMB CB.
4. Since one need to spend min RM500 with a OCBC CC to be eliglible for the 4.1%, there's no other way to decrease the amount to lesser than RM500.
5. I did not include in the high level Maybank Visa Signature and Public Bank Visa Siganture as how many can afford to apply for them? The ones I include are Maybank Ikhwan, Cimb CB, OCBC Ti which needs only need about RM30k/year of salary. 

I think with so many proof, the result is crystal clear.  thumbup.gif  thumbup.gif

I rest my case.  biggrin.gif  biggrin.gif

OCBC 360 IS GOOD IF you compare against a normal account paying like 0.1%/1%/2.x%. But what I am saying is there are better alternatives available IF one wants to get maximum returns.
*
u are very funny, y keep on want to argue? add cimb CB pula..later u tak puas hati u can add WISE arr..M2C amex aa..CITI CB aa or watever u want..

y cannot just urge ppl to get and use whatever then hv wisely?

still Mr.Calculator, your math is just assuming ppl will get that amount of CB, hv all the card that you hv mentioned, can always spends on the categories that entitle CB..can always spend minimum 1k...ppl only hv that amount of saving... sweat.gif doh.gif

Nom-el
post Oct 3 2016, 05:07 PM

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QUOTE(deity01 @ Sep 22 2016, 10:43 AM)
can
i tried paying my housing loan acc with RM1 and it counts fulfilling the payment criteria
*
You can even split the payment to fulfill the 3x criteria. Paying the CC counts too.


QUOTE(Ramjade @ Sep 22 2016, 07:19 PM)
Who keeps rm20k/account? Most people keep rm5-10k. Besides how often do you see an ocbc atm machine?
If a person spends like rm2k-rm3k/ month still better to go for other eGIA-i than ocbc 360.
Why? Maybank ikhwan, public bank visa signature, maybank visa signature,

Sorry la. I am anti-ocbc as I feel that they are not genuine. A genuine bank will give you clear cut way.

Let's ask cklimm for hia opinion. Is ocbc 360 worth it for some guy with rm20k in his account?
*
If the rate is attractive, I believe many would keep 20k in the account, maybe even up to 100k if they have the money. Why not? When the rate is even better than promo FD rates, why would one want to put into short-term FD. It is even better than short-term promo FD as one can withdraw anytime without any penalty.

Another thing, OCBC 360 is a savings account with PIDM protection where both the principal & interest (4.1%) are guaranteed while GIA is an investment account with no PIDM where the principal & profit (3.6%) are not guaranteed.


QUOTE(Ramjade @ Sep 23 2016, 03:18 PM)
Alright, since you tak puas hati, I give you another photo. An eg where the person don't maximise their cashback.
user posted image

Note:
1. Maybank Ikhwan usage for both comparison did not hit the maximum cashback of RM50 (as requested by deity01)
2. Spending of both is at RM1k
3. Inclusion of both OCBC Ti & CIMB CB to demonstrate stuff not covered by Maybank Ikhwan (bills/insurance/others) which also did not hit the max cash back of CIMB CB.
4. Since one need to spend min RM500 with a OCBC CC to be eliglible for the 4.1%, there's no other way to decrease the amount to lesser than RM500.
5. I did not include in the high level Maybank Visa Signature and Public Bank Visa Siganture as how many can afford to apply for them? The ones I include are Maybank Ikhwan, Cimb CB, OCBC Ti which needs only need about RM30k/year of salary. 

I think with so many proof, the result is crystal clear.  thumbup.gif  thumbup.gif

I rest my case.  biggrin.gif  biggrin.gif

OCBC 360 IS GOOD IF you compare against a normal account paying like 0.1%/1%/2.x%. But what I am saying is there are better alternatives available IF one wants to get maximum returns.
*
There are other better OCBC Cards out there that you failed to mention. For e.g. OCBC World MasterCard (1.2% rebate on the first RM1,000 spent) or OCBC 365 MasterCard (1.0% rebate on first monthly spend of RM1,000). Why compare with Titanium that only gives 0.1% rebate? There is no reason a person cannot combine OCBC card with other cards to earn more cashback. Only RM500 spending is required to qualify for the bonus interest.


QUOTE(deity01 @ Sep 23 2016, 01:26 PM)
yup...those are ideal cases..everyone hv 5% cashback card? everyone can maximise their cashback? everyone spend that much? your calculation is for the ideal world only..math is just math..real world dont use math to calculate...

I do hv ikhwan 5%, ocbc titanium, OCBC 360, placed eGIA b4..like me..i spend on gov related transactions on ocbc ti which earn me nothing from ikhwan..but still earn the miserable 0.1%CB..like I said earlier...these are just tools, you are the one who determine how to use those tools...

hv everything and use everything when it is necessary/appropriate...u so like to calculate, y dont u go calculate if ppl use the ikhwan 5% + OCBC 4.1% + OCBC ti CB will gain how much instead of keep promoting OCBC 360 is no good..this will benefits everyone the most..
shakehead.gif  doh.gif

you are talking like: ppl, please stay away from OCBC 4.1%, always say NO to OCBC360..still not bias?
I will tell everyone...please try to hv everything and use them wisely..
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QUOTE(deity01 @ Sep 23 2016, 03:53 PM)
u are very funny, y keep on want to argue? add cimb CB pula..later u tak puas hati u can add WISE arr..M2C amex aa..CITI CB aa or watever u want..

y cannot just urge ppl to get and use whatever then hv wisely?

still Mr.Calculator, your math is just assuming ppl will get that amount of CB, hv all the card that you hv mentioned, can always spends on the categories that entitle CB..can always spend minimum 1k...ppl only hv that amount of saving... sweat.gif  doh.gif
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I could not agree with you more. nod.gif There are so many possible scenarios where the account would be a good choice for the individual.

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