OCBC has revised the terms & conditions for OCBC 360 Account: -

https://www.ocbc.com.my/assets/pdf/Accounts...1115_ACC360.pdf
Among the highlights are: -

1) Credit card bill payment is no longer considered as eligible for Bill Payment category for Bonus Interest

2) Multiple payments to the same account will be considered 1 payment only, meaning split payment does not work anymore

3) IBG payment to other banks will be included as well in Bill Payment category

4) Minimum balance is RM0 now instead of RM20. However, account with RM0 balance for more than 90 days will be closed.

Did u manage to get the bonus interest by doing  3 transfers to other banks and accounts? (Paying 3 bills criteria)

This savings account offers one of the highest interest. I wonder how come it is not popular.

Hi I just opened my OCBC 360 account 2 days ago, I can see it online now but can only transfer funds in not out, and can't use it to pay bills. How long do I need to wait..? Thanks

can I open an account without taking any credit card? happy with 2.9% pa just to enjoy the flexibility of parking the money and moving out whenever I want.

I make an online payment via ocbc debit card 2 days ago. but now my account still having the ledgar balance (undeducted) and available balance (Deducted). is my payment successful?
how many days needed for ledgar balance to show deducted amount???

I have not tried scheduled transfer before, is it using IBG or Instant Transfer?
Please and thanks!

how you guys solve this?

EARN  1.30% p.a.
Spend at least RM500 on your OCBC Card(s) every month. 

it seems ned RETAIL TRANSACTIONS ...

Sometimes you encounter the wrong bank officer. It can happen to any bank and in any branch. I can understand how it feels. Just write in to complain.

My encounters:
1. Rejected by Maybank to open a savings account because my IC and my workplace don't match the branch I'm applying to. I rent in that area. Walk across Alliance Bank and open an account there instead.
2. Walk into OCBC bank to open currents account, told by officer to go back to the original branch to open. Walk over to HSBC and immediately open a currents account.
3. Lost my RHB passbook and account password. Cannot use my IC to verify my identity. Was told to go to original branch. At original branch, need two documentation to prove my identity (I don't get it, why IC and fingerprint is not enough). So after that, was told that account is inactive, need to pay a fee and since the fee plus closing account fee is more than my current value in bank, told to just let the account die by itself.
4. Latest is application for OCBC credit card got rejected. The following week, an officer called to offer me the credit card. I said "dowan liao".

higher rate, but 4.38% is only on your incremental AVERAGED BALANCE...

so if you have already 30k inside, you added extra 10k this month and leave inside for whole month, your this new 10k gets 4.38%, not towards total RM40k.

comparatively, 1 month 4.38%, 1 month almost 0%... it is averaged 2.19%.....  OCBC is 4.1% if you fulfil all criteria... or SCB 4.0% if you no invest.....

unless that amount you transfer to, is to a place with also 4.++%, then sure higher than OCBC or SCB....

but if averaged out is below 4.1%, means OCBC is still better....

Anyone with ocbc cards can help to answer? Please and tq

If 1 month 4.38 citi then next month transfer 4.1 OCBC , rinse repeat?

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

cklimm Nothing there

Can trust? Give them your credit card no...

lol...nowadays not getting 1.3% also report to bnm.... well done.

For me,
Con:
- Deposit RM3k per month (tough)
- Invest/Insurance payment (tough)
- Campaign 6% interest end 31 December 2019 (may be renewed).

Pro:
- Spend RM1k by credit card
- Total 6% interest only if meet all 3 conditions
- Debit card withdraw waived at ALL atm in malaysia.

You need to count how much they charging for unit trust transaction. If 5%, don't think is worth it to transfer your ASM since now ASM gives min 5% returns.

This is exactly my thought, it might be worth if one keep 100k inside the saving account. But I will wait till next year to find out more on unit trust (esp sales charge) offered by Standard Chartered.

I think the timing so far is unique to ocbc at least (you might try other banks which have similar high yield savings account to test out whether they have such cut off time and their behavior and treatment to transaction after cut off time). Yes, the balance will reflect immediately. However, for interest calculation and condition qualifying, transaction after cut off time will be deemed as next calendar day transaction.

I usually take advantage of this by transferring after the cut off time to pay for my cc that due on the day  (e.g. ambank card due date on 24th September, I will transfer to my mabank cc on like 10 pm, so that the balance is still earning interest on 24th September while my credit card will show balance paid at 24th September, no late payment  )

Hi all,

I notice that when I pay my OCBC credit card from my OCBC 360 account (after 9.45pm), the transaction date is 20/10/2019 but the value date if 21/10/2019.

Does it mean if let say i pay my own OCBC credit card. Payment due date is 01 November 2019. Then I need to pay my card on 31 October in order to be captured as 01 November 2019 value date?

Cannot transfer 01 November 2019 (after 9.45pm?)