If I do interbank funds transfer from my OCBC 360 savings account to my other bank accounts, can it be considered as paying bills to qualify for the extra 1.3%?

rojackwhacker Thanks. I know duitnow can from reading this topic, but am reluctant to use duitnow. Hehe, can do IBFT

This post has been edited by abcn1n: Jul 25 2019, 10:03 PM

CardNoob Its just that when duitnow came out and till now, the banks were basically forcing one to use duitnow. Your account would automatically be chosen to use duitnow unless you actively remove it. Don't like this kind of force/pushy tactic. Really a big turn off. Plus using phone # etc, didn't really feel so secure. Maybe, when duitnow is more prevalent, I will use it. But hopefully not so soon.

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This post has been edited by abcn1n: Jul 26 2019, 06:32 PM

sidefulnes Need your help. Today I tried to do the funds transfer. Had to add bank account first. OCBC asked for transfer type (3 choices ie credit card payment, funds transfer, loan payment). Its ok if I choose 'funds transfer' instead of 'credit card payment' right? Am not paying any credit card bills, just want to transfer to my other bank accounts to get the 1.3% interest.

sidefulnes Thank you

Is there any way that I can use my OCBC debit card to pay my CIMB credit card?

cklimm Nothing there

cklimm Thanks but that's not exactly what I'm looking for. Too dangerous. I guess I'll just take some risk to use my OCBC debit card to pay for stuff rather than CIMB credit card.

Has anybody tried to pay online with OCBC360 mydebit card before? I transferred some $ to my e-wallet this evening but several hours later, my OCBC360 savings account online still haven't shown $ deducted although my e-wallet has received the $. I don't have a credit card. My card clearly stated its mydebit mastercard. When I did interbank transfer yesterday, the account updated very fast but now with debit card, no change in account balance/details?
[Edit to add --$ finally deducted although no details of the transaction shown. ]


Also, I changed my phone # at the branch. But then TAC still sent to my old phone # while normal messages sent to my new phone #. Anybody know why this is so and how to overcome it? Faced this problem with both OCBC and Ambank. Already told them the new phone # is for everything--TAC and all communication

This post has been edited by abcn1n: Jul 27 2019, 11:34 PM

sidefulnes Thanks

Trying to get the additional 1.3% interest for spending of $500 and above for debit card. So I spent $500 in July (about $250 on 31/7). Noticed that for eg: if my transaction was 26 July, the details may only be captured on 31 July. So if my transaction is 31 July, then details most likely will be in August, does that mean then, I don't get the additional 1.3% interest in July?

rojakwhacker Thanks. Sigh! And to think that I actually rushed to get the $500 spending

Oh, I originally thought it was on the 14th of the month

sidefulnes Thanks.

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

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.

mamamia Yes.


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

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

Noticed that I only got 2x 1.3% instead of 3x1.3% despite meeting all the 3 criterias. Who can I call /write to? Is the only way through the hotline 03-83175000?