Conditional High Yield Savings Account
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 Aug 15 2019, 08:35 AM
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#1
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94 posts Joined: Jun 2012 From: Currently In Kampar  
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Hi Sifus!
I had just opened a OCBC 360 Account. I noticed that it is written there that every month cut off is on the 14th/15th. Does it mean if I wish to get the full benefit, I would 1)Bank in Rm500 2)Transfer to another account 3)Spend Rm500 on the 15th? As it is considered as a new month? |
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Aug 15 2019, 10:29 AM
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94 posts Joined: Jun 2012 From: Currently In Kampar
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QUOTE(CardNoob @ Aug 15 2019, 08:38 AM) QUOTE(rojakwhacker @ Aug 15 2019, 09:06 AM) Not necessary 15th, can be done on any day within a month as long as the transaction is done on that month. Thanks Sifus! Base interest normally credited to account on 31th of that month and bonus interest on 2th of the following month (credit is done up to 14 days working days of following month). More info, read OCBC thread link: https://forum.lowyat.net/topic/3920681 OCBC 360 saving account transfer to ocbc other account does not entitle 1.30% but transfer to 3 different other bank account (not OCBC) or make bill payment (pay OCBC credit card or other bank credit card or bills like unifi, etc) does entitle 1.30%.   However, the first page on the thread link is not up to date? |
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