By satisfying these requirement, you are able to obtain 3.05% pa. The Capital Limit for this is $50,000. Many people had been benefited from this, me too as well, although is just 5 months, but is better than nothing at all. However, in April, OCBC announce the new changes for these requirement which changes the whole game on how we going to play it in order to maximize the benefit from it.

So whats new about OCBC 360? The picture below will show you everything that you will need to know about the new OCBC 360 Bonus interest catalog.

There are a few things to note, firstly the capital limit increase to $60,000. Great isn't it! However, the downside is that the Interest Bonus for bills and Credit Card spending seems to drop by half. As a person like me who do not get insured or invest with OCBC, I would probably only get 2.25% (0.05% is the based interest). In order to see how much I will earned from this bonus interest, I will do a simple calculation on the calculator that OCBC provides.

Let's say I have the based amount of $30,000 and include salary, bill payment, credit card payment and 1% incremental from previous month.

As you can see, the interest that I will get is $58 per month. Well it may seems small amount but if your balance is lets say $60,000, you will get $116.28 per month, which is still not too bad. So is up to your decision whether to stay with OCBC, For me I would because nothing much changes just that I will get lower interest bonus and also need to spend more for my credit card. Well, lets see how this goes :D