Don't think there is a way to know, only self tracking by going to the 'calendar view' page. Not necessary but is better to avoid near end of month transaction to fulfill all the conditions.

Debit card?
Credit card can't be used.

yes Debit card from OCBC.

Oops, I used to do that but not anymore after got my credit card.
OTP fails might need to contact CS

This post has been edited by Sumofwhich: Oct 12 2019, 11:15 AM

Call up CS and find out if your DC is activated for OTP to your registered phone.

Would like to confirm on "Bill Payment" fulfillment:-
1. Jompay is eligible?
2. To pay other bank CC, use Transfer Fund either IBG or Instant Transfer or Duitnow..
3. For paying other bank CC, can we also use "Pay Bills - Pay billing organisation" -add biller as favorite under OCBC - third party CC?

Based on July2019 TnC, "Bill Payment" must be any bank or financing institution other than OCBC, right?

4.1% is good money?

For a secured capital, I guess so

I turned 24 (less than a year), and I just notice that my CIMB SA no longer giving me interest. check2, my account need have at least average daily balance of RM5K.

Hence, I've been doing research today, at all banks since 5pm, and come across 2 banks, OCBC and SCB. - Should have just read lowyat forum, I go scroll each bank one by one lol.

OCBC is offering 4.1% while SCB offers 4.0% (I can't get the additional 2% as I don't plant to use their investment/insurance product.

Clearly, OCBC won here, and some more SCB is only until end of this year, 31 december 2019 (but i read last year it s until 31 dec 18, but they renew another year, hence maybe will renew again) - I reckon OCBC doesn't have an expiry date for this 4.1% interest right?

And I read the Terms and Conditions, both banks are using the same methods of calculating interest.

However, OCBC charges RM8 for it's Debit Card (which I don't think I will use since they charge RM4 per withdrawal at other ATMs and their ATMs are not as many as Maybank/CIMB) - will I be able to opt for this account without Debit Card?

On the other hand, SCB (Standard Chartered) Privilege Savers comes with free Debit Card and free withdrawal at all MEPS atm - which is a lovely feature.

So now I'm torn, between SCB or OCBC. SCB is just located between my office and my parking area. So I definitely will pass by every single day (provided I didn't change my job). While, OCBC is located behind my parking area. Conveniently both are near to my office.

As for requirements to be eligible for OCBC/SCB, I can fulfill both every month.

Now the consideration of debit card/ATM withdrawal. Can anyone share their thoughts/opinion?

SCB need credit card to fulfill

For OCBC, taking 360 saving account without debit debit may need to depend on OCBC branch (not possible in my case). To fulfill the spend condition requires either debit card or credit card. Debit card charge RM8 annual while credit card without annual fee charge RM25 SST (may rebate by call). Max saving amount to get bonus interest is only RM100k and more than that no bonus interest gained. Choose one (debit card / credit card) but if in future anyone have more capital can always opt for one 360 saving account with credit card, one 360-i saving account with debit card, and/or one standard chartered Privilege$aver account, or other bank etc.

This post has been edited by rojakwhacker: Oct 13 2019, 08:50 PM

I have both CC with OCBC/SCB. Now just thinking which one is more convenient. All spending/deposit criteria can be met.

SCB - i can withdraw anytime since their ATM fee is free - at all ATMs.

OCBC - i kinda need to transfer to my CIMB baru can withdraw - only free at CIMB ATMs.

SCB - don't have lowyat forum to discuss

OCBC - i can ask question/read comments from people here. got lowyat forum. SCB don't have.

SCB - current requirements and rates only lasts till 31 dec 19 - SCB might renew, might not.

OCBC - no expiration date to the benefit - until further announce.

SCB - free Debit Card

OCBC - RM8 Debit Card (not material but just mention)

SCB - 4.0%, OCBC 4.1%.

SCB - Get interest first working day of the following month. OCBC - within 17 workings day of the following month (anyone can confirm the date range they always banked in?)

OCBC - balance for interest calculation will be determined at 9.45pm on each day, except month end 9.30pm. SCB - i have no clue when is the cut off time. or they might just take lowest balance of the day?

OCBC - can get free Xiaomi Mi Band 3 (not that I will use - but just mention). SCB - none i guess.

This post has been edited by cucikaki: Oct 14 2019, 12:02 AM

Ocbc 0.2% will be credited on last day of the current month, 1.3%×3 will be credited on 2nd the following month.

Thanks. So in terms of this. Both are almost similar

Can discuss standard chartered privilege saver saving account Or other high interest saving account in the link below too.

Link:
https://forum.lowyat.net/topic/4439367/+300

It looks like requirements of 4.1% can be easily fulfilled.

1) 0.2% - Base Rate
2) 1.3% - Deposit at least RM500 every month
3) 1.3% - Pay 3 credit cards online every month
4) 1.3% - Spend at least RM500 on your OCBC card every month

For item no. 3, it can be paying other banks CC or must be OCBC CC?

Can spending on BP or Boost be qualified for item no. 4?

Another thing is you mentioned that you got RM100 cashback by applying OCBC CC?

This post has been edited by jefftan4888: Oct 14 2019, 12:01 PM

Ocbc and other CC can. That’s what I understand from reading this forum.

Spending they never specify. So i think both boost n bigpay qualify.

Ya get cashback but I think the promo ends in sept. I didnt see they update it in their website.

What campaign is this? Any link?

Apply credit card, spend rm250, get cashback.

No link as I got it as attachment from the bank staff that I applied the credit card.

I didnt follow their credit card page website after got my card. Maybe can see there if any new promo?

This post has been edited by cucikaki: Oct 14 2019, 04:51 PM

Anyway, just opened my OCBC 360 accounts. Gonna transfer out all my money to the account before 9pm tonight to get interest for today