thanks - i have just a very simple and stupid question
i saw a lot of comments about transferring 3 times to 3 different bank, is it possible to transfer 3 times to 1 single bank and still qualify for the bill payment interest bonus?

yes, i did it to my 3 diff cc in MBB. fc barca, visa and amex card.
and i got the bonus in 360.

I was informed that 3 times to 1 single bank only counted as 1. Did not test.

This post has been edited by LostAndFound: May 31 2019, 09:42 AM

You need 1x transfer to 3 different banks.

ok noted, let me do that as today is the last day to do it

if you want to, you can try with different description.

I did try before, but is on different days....

or to be safe, ask your friend or relative.... transfer any amount

This post has been edited by ProxMatoR: May 31 2019, 12:17 PM

I've tested RM1 to 3 different accounts (all in my name) in 1 bank and it works

if anyone is lacking of account and want to transfer RM1 to me in order to meet the criteria PM me for my Maybank Account Number... hahaahahaha

jusst joking - dont be too serious ok

no worries... I will transfer 0.01 to you

this is my interest earned for the month of May, not much add up also not even RM100

so i trying to figure out how to know what is my average balance since they given me "RMx" amount of interest.

Interest = 4.1%
Interest Earned = RM10 (just an example)
Average balance = RM10 /(4.1% x 12) = RM2926.83

I hope my calculation is correct, can someone help me to check?

Usually bank go by number of days in month and 365 days in a year. May has 31 days so: 10/31*365/0.041 = 2,871.75

My this month bonus interest seems like not logic :
Example:
Apr interest credit = 2.45, 360 bonus interest = 5.85 (*3)
May interest credit = 2.40, 360 bonus interest = 11.08 (*3)
In logic my May interest credit (0.5%) should be higher than Apr also right , since my 360 bonus interest in also higher ?
Anyone's having pattern like this also ? Waiting reply from OCBC

After OPR cut, the interest rate changed. The interest credit is now lower, with the bonus interest pushed up to compensate. Total is still 4.1%. You would know this if you had read just the last page only:-

This post has been edited by LostAndFound: Jun 5 2019, 10:15 AM

Thanks , this solves my confusion. Totally unaware of the change on base rate.

interested to apply this account, but im wondering how to spend at least RM500 on OCBC Card?

Is it a credit card or debit card?

If i use the debit card for withdrawal consider "spending"?

or transfer money from OCBC debit card to BigPay also can right?

p/s: im comparing with UOB Stash Account too but seems confusing https://www1.uob.com.my/stash/index.html#HowStashWorks

This post has been edited by daimon: Jun 5 2019, 04:37 PM

just use OCBC top up BigPay
remember to apply for OCBC Titanium Card which give 1% cashback with no capping
i top up RM10k then next day withdraw 9k out left 1k inside slowly spend
the 9k put back inside OCBC 360 account will earn you about RM30 per month

so my earning from cashback = 100 - (6 x 3 times withdrawal fee from bigpay)
= 100 - 18
= 82 nett

total earning with 1 cycle = 82 (from titanium cashback) + 30 (from 360 account interest)
= 110 nett (free money with little effort not more than 30 mins once a month

30 mins breakdown

top up bigpay with 10k = about 2 mins
drive to nearest bank where you have an account and can do bigpay withdrawal = 15 mins
withdraw 3 x 3000 = 2 mins x 3 = 6 mins
deposit 9k using CDM = 6 mins
transfer money from whatever account you deposit your 9k to OCBC = 1 mins

Thanks for the tips!

Why you top up RM10k?

when I apply for OBCBC 360, it doesn't come with debit card?

If pay 3 bills, i only can think of my Digi bill, and credit card bill

Insurance is consider spending?



This post has been edited by daimon: Jun 5 2019, 08:36 PM

bigpay only allow me to top up 10k, if they allow more i dont mind to top up 100k or even more hahahaha

3 times pay bills - you can just do 3 fund transfer and still qualified, just make sure 3 different bank (some say same bank account is fine as well but i dont want to risk it )

*btw if you are lacking of bank account number to transfer money to, do PM me i dont mind to provide you my banking account. hahahaha!!!!

This post has been edited by majorarmstrong: Jun 5 2019, 09:00 PM

hahaha

is insurance consider bill or spending(rm500)

why you wanna transfer so much money to bigpay? got more points?