Anybody heard of OCBC 360 account..
Offering 4.1% interest for SAVINGS account, provided you do the following 3 tasks:

1. Deposit - Deposit at least RM500 per month [1.2%]
2. Pay - Use OCBC internet banking to pay 3 bills per month (can also use to pay OCBC CC) [1.2%]
3. Spend - Use OCBC Credit Card, and spend RM500 per month [1.2%]
4. Normal balance in savings account [0.5%]

Very achievable all these tasks... And the most attractive feature in this OCBC 360 account, they can arrange the OCBC staffs to come to you to set up the account (office or home). They will bring along the thumb print machine to meet you...

Also, to complete the account set up, you can transfer online the minimum money into the savings account, to complete set up the account. So do not need to worry anyone can con your money..

would prefer to opt for the OCBC 360 account...
Complete 3 tasks per mth, and get interest of 4.1% p.a.

1. Save - save RM500 per month into the account
2. Pay - pay online for 3 bills
3. Spend - use OCBC to spend RM500 per mth

the banker go to my office to explain and sign up... They will bring along the IC scanner... No need to go OCBC branch...

Sorry, what do u mean "going for CB"? cashback?

normally, ppl maintain a few Credit Cards... So what is switching 1 of your credit cards from other banks to OCBC....
Also, even if you don't achieve this criteria, you just lose out on 1.2%... so still get 2.9% for normal savings account...

the calculation is 0.5% for normal savings + 1.2% for each SAVE, PAY, SPEND criteria...

Cheers!

It goes by bills...
Lets say you have 3 great eastern policy, it is still 3 bills... Btw, paying OCBC CC using online transfer, is also consider 1 transaction...

But it doesn't go by IPP... in case 1 bill is split into 12 months, it is only calculated as 1 bill in the first month...

But for my own convenience... i make it auto-billing RM5 for each month, for my tel bills, my utility bills, etc... just set it auto-billing in the online web, so that it will auto make payment a fixed amount on the 1st of every month... Don't need to go remember to pay online on every month.