sidefulnes Thanks.

No worries. FYI, 1.3%x3 has rolled out

1.3% x 3 for this month are credited, it doesn't mean that for the following monthssss will be the same, so please note down and don't keep asking the same questions again & again.

sidefulnes Thanks. Just checked, and yes it is in. Lost 1.3% interest as although my $500 spending was done in July, but part of it was only captured in August. If I knew, I would not have rushed to spend by July.

This post has been edited by abcn1n: Aug 2 2019, 01:05 PM

Sorry I don't understand what you meant...

By right, your 1.3%x3 earn in July will only reflect in August. If you didn't spend in July, you will not get the 1.3%x3 today.

sidefulnes Only got 1.3% *2 instead of 1.3%*3 which was reflected in August. That's because although I did spend $500 in July but some of my spending was only captured in August. Thus, OCBC deemed that I didn't meet the $500 spending criteria in July.

Mean ur July transaction posted in Aug instead of July..

So, eligible card spending is based on posting date

Yup, posting date.
Well, good news is you don't have to spend RM500 for August I guess

mamamia Yes.


Yup. Spent too much the last couple of months already. Need to tighten belt

You cannot stop spending, still have to continue spending RM500 per month to meet 1.3% spending criteria.

Looks like 0.2% base interest is credit on 31th of each month and 1.3% x 3 is credit on 2nd of following month (if all went smooth).

rojakwhacker Haha. Yeah, still need to meet $500/mth. Yeap, 0.2% interest on 31st and the rest of the interest next month

Is there islamic account for this?

See link below, look like yes.

Link (360 Account-i):
https://www.ocbc.com.my/OCBCAL_Amin/pb_deposits.shtml

Dear all,

Does topping up e-wallet (such as fave or boost) via credit/debit card fulfill the monthly RM500 spending?

For Islamic, only can use debit card for card spend bonus, since no Islamic credit card

This post has been edited by mamamia: Aug 3 2019, 10:23 AM

Yes

Hi guys, i got some questions

For the 1st criteria deposit RM500,
i need go bank cdm to deposit RM500,
OR i can online use other bank instant transfer RM500 to my ocbc acc, will it count as deposit RM500?

For the 2nd criteria
Instant transfer to 3 other bank acc.
Can i just instant transfer to my other 3 bank saving account, is it ok?

Lastly, if i got 30k in my ocbc acc, i take out 20k after 10days.
The 20k will get interest for 10day, and the 10k will get interest for 30 days.
Am i right?

Thanks

This post has been edited by sl3ge: Aug 5 2019, 02:10 PM

Yes for instant transfer 3x. (better different bank and account, not sure for same bank and account)

yes for deposit rm500.

1st - 10th day = RM30k per day

11th - 30th day = RM10k per day (assume take out RM20k on 11th)

1st - 30th - total sum on balance of each day = RM500k
Average = RM500k / 30 days = RM16,666.66

That's what i understand

Thanks for reply,
Just to confirm deposit mean must go cdm machine deposite RM500 right?

This post has been edited by sl3ge: Aug 5 2019, 02:17 PM

Not necessary. As long as there is money (RM500) go in the OCBC 360 saving account then is entitled for the 1.3%.

This post has been edited by rojakwhacker: Aug 5 2019, 02:19 PM