360 OCBC Singapore: The Ultimate Banking Experience for Singaporeans

You’re interested in opening a savings account that can help you maximise your savings. The 360 OCBC Singapore account may be just what you need. This account offers a range of benefits that can help you grow your savings, including bonus interest rates and cashback rewards.

A bustling cityscape of Singapore's 360 OCBC building, surrounded by modern skyscrapers and busy streets

The OCBC 360 account is a deposit account that pays you bonus interest when you credit your salary through GIRO/PayNow via GIRO, save and increase your account balance, charge at least S$500 to your OCBC 365, OCBC 90°N, OCBC INFINITY, OCBC NXT or OCBC Rewards Card, insure with OCBC, or invest with OCBC. When you meet these criteria, you can earn up to 3.45% p.a. interest on your savings.

To be eligible for the OCBC 360 account, you need to be a Singapore citizen or permanent resident above 18 years old. You can apply online or visit any OCBC branch to open an account. Once your application is approved, you can start managing your account through the OCBC mobile banking app, online banking, or at any OCBC ATM.

Key Takeaways

  • The OCBC 360 account offers bonus interest rates and cashback rewards to help you maximise your savings.
  • To be eligible for the account, you need to meet certain criteria and be a Singapore citizen or permanent resident above 18 years old.
  • You can manage your account through the OCBC mobile banking app, online banking, or at any OCBC ATM.

OCBC 360 Account Overview

The OCBC 360 account logo stands out against a backdrop of the Singapore skyline, with the iconic 360 symbol prominently displayed

If you’re looking for a savings account that offers bonus interest rates, the OCBC 360 Account could be the perfect fit for you. With this account, you can earn bonus interest on your savings by doing things like crediting your salary through GIRO/PayNow and increasing your account balance. In this section, we’ll go over the key features of the OCBC 360 Account and help you understand how bonus interest rates work.

Key Features of OCBC 360

The OCBC 360 Account is a deposit account that offers a variety of features to help you earn bonus interest rates. Some of the account’s key features include:

  • Bonus interest rates: You can earn bonus interest rates on your savings by doing things like crediting your salary through GIRO/PayNow, increasing your account balance, charging at least $500 to your OCBC credit card, insuring with OCBC, and investing with OCBC.
  • Base interest rate: The account also offers a base interest rate of 0.05% p.a.
  • Minimum deposit: You’ll need to make an initial deposit of at least $1,000 to open an account.
  • Minimum balance: To avoid a fall-below fee, you’ll need to maintain a minimum monthly balance of $3,000.

Understanding Bonus Interest Rates

To earn bonus interest rates on your savings with the OCBC 360 Account, you’ll need to do certain things that qualify you for bonus interest. These things include crediting your salary through GIRO/PayNow, increasing your account balance, charging at least $500 to your OCBC credit card, insuring with OCBC, and investing with OCBC.

The bonus interest rate you earn will depend on the actions you take. For example, if you credit your salary through GIRO/PayNow and increase your account balance, you could earn an effective interest rate of up to 4.65% p.a. on your first $100,000. If you also charge at least $500 to your OCBC credit card, your effective interest rate could increase to 5.05% p.a.

Overall, the OCBC 360 Account is a great option for those looking to earn bonus interest rates on their savings. With its variety of features and bonus interest rates, it’s definitely worth considering if you’re looking for a savings account that can help you grow your money.

Eligibility and Application

A computer screen displaying the OCBC Singapore website with the "Eligibility and Application 360" section highlighted

Who Can Apply?

If you are above 18 years old, you can apply for the OCBC 360 Account. The account is open to Singaporeans, Singapore PRs, and foreigners with a valid pass, including Employment Pass, S-Pass, and Student Pass. You can apply online, and you will need to provide your NRIC or passport number during the application process.

Application Process

The application process for the OCBC 360 Account is straightforward. You can apply online by visiting the OCBC website and filling out the application form. During the application process, you will need to provide your personal details, including your name, address, and contact information.

If you are a Singaporean or Singapore PR, you will need to provide your NRIC number. Foreigners will need to provide their passport number and employment pass or other valid pass details. You will also need to select the type of account you want to open and provide your initial deposit.

Once you have completed the application process, you will receive an email confirmation from OCBC. Your account will be activated within two business days, and you will be able to start using it immediately.

Overall, opening an OCBC 360 Account is a simple and straightforward process. If you are looking for a high-interest savings account that offers a range of benefits, including bonus interest rates, insurance, and investment options, the OCBC 360 Account is definitely worth considering. So, what are you waiting for? Apply for your OCBC 360 Account today and start earning high interest on your savings!

Maximising Your Savings

A piggy bank overflowing with coins and dollar bills, surrounded by a stack of financial documents and a 360-degree symbol

If you are looking for a savings account that offers a high interest rate, then the OCBC 360 account is a great option for you. By following a few simple steps, you can maximise your savings and earn higher interest rates.

Earning Higher Interest

The OCBC 360 account offers a base interest rate of 0.05% per annum on your entire account balance. However, you can ea