OCBC 360 Savings Account - Up to 3.25% Interest !, Get higher interest on your savings acct
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 Aug 17 2019, 12:21 AM
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#1
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Junior Member
65 posts Joined: Dec 2008 
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Hi all,
Just opened the 360 account 2 weeks ago, together with the ocbc cashflo credit card. Just wondering, say if I swipe rm600 using the cashflo credit card, and it will be automatically converted into 3 monthly installment with rm200 each. Does this transaction contribute to the min rm500 spend pillar? If yes, would it be rm600 or rm200 for the next 3 statements? Thanks. |
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Aug 19 2019, 11:15 AM
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#2
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Junior Member
65 posts Joined: Dec 2008
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QUOTE(rojakwhacker @ Aug 17 2019, 02:08 PM) Not sure but term and condition state installment is excluded. I seee, thanks Read: 3.5 (a)Credit card (iii) The following amounts incurred through the use of an OCBC Bank credit card are excluded from computation of retail transaction amount: (a) credit card fees and charges (e.g. annual fees, finance and late payment charges, etc.); (b) balance transfer; © amounts converted to Installment Payment Plan or other similar plans; (d) retail transaction amounts which are subsequently cancelled, voided or reversed within the same calendar month; and (e) such other amounts notified by OCBC Bank from time to time. OCBC 360 saving account term and condition link: https://www.ocbc.com.my/assets/pdf/Accounts...unt_TnC_ENG.pdf  If I call the bank and cancel the auto IPP which means I pay rm600 in full for that month, will it be considered as hitting the RM500 spending pillar? This post has been edited by christine_1236: Aug 19 2019, 11:15 AM |
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