OCBC 360 Account

Earn more interest from salary
to savings with OCBC 360.

Earn more interest from salary
to savings with OCBC 360.

How it works

Earn bonus interest (% per year) on the first S$70,000 of your account balance.

First S$35,000


Next S$35,000

Salary

Credit your salary of at least S$2,000
through GIRO.

First S$35,000

1.2%


Next S$35,000

2.0% (Usually 1.5%)

Limited period only

1 December 2018 -
31 March 2019

Limited period only

1 December 2018 -
31 March 2019

How to earn the bonus interest

  • From 1 December 2018 to 31 March 2019, earn a promotional rate of up to 2.0% per year when you credit your salary of at least S$2,000.
  • Only salary credit through GIRO with the transaction description “GIRO - SALARY” in your statements will qualify for this bonus.
  • To set up your OCBC 360 Account as your salary crediting account, please inform your HR department of your new account number. You will only need to do it once.

More Questions?

Spend

Spend at least S$500 on OCBC Credit Cards.

First S$35,000

0.3%


Next S$35,000

0.6%

How to earn the bonus interest

  • Spend at least S$500 in total across your personal OCBC Credit Card(s) such as 365, Titanium, Platinum, FRANK, Robinsons, Plus! and Best Denki.
  • You need to be the primary account holder of the OCBC 360 Account as well as the Principal Cardmember of the eligible OCBC Credit Card(s).
  • Eligible transactions with posting date within the calendar month will be considered, less off and excluding amounts in all transactions that are terminated, voided, reversed or cancelled.
  • Don't have an OCBC Credit Card? Get one today.

More Questions?

Step-up

Increase your account balance by S$500 compared to the previous month.

First S$35,000

0.3%


Next S$35,000

0.6%

How to earn the bonus interest

Increase your account's average daily balance in the current month by at least S$500 from the previous month's average daily balance.

More Questions?

Wealth

Insure or invest with OCBC Bank and earn this bonus interest for 12 months.

First S$35,000

0.6%


Next S$35,000

1.2%

How to earn the bonus interest

Purchase any new eligible financial product from OCBC of at least the minimum amount as follows

Eligible financial products Minimum qualifying amount


Regular premium endowment insurance S$4,000
Regular premium whole life insurance S$8,000
Single premium endowment insurance S$20,000
Unit trusts S$20,000
Structured deposits S$20,000
Regular premium protection insurance S$2,000
Whole life insurance S$150,000
Universal life insurance US$150,000
Bonds and structured products S$200,000

Note: To ensure that the product you purchase meets your financial needs, our financial consultants will perform a Financial Needs Analysis (FNA) with you in order to help you make an informed decision.

You need to be the primary account holder of the OCBC 360 Account as well as the policyowner of the eligible insurance product or single name account holder of the eligible investment product.

This bonus interest is accorded for 12 months after the effective date of purchase, post the free look/cancellation period or 14 days, whichever is longer.

More Questions?

Grow

Earn this extra bonus on the first S$70,000 if your account balance is at least S$200,000.

1.0%

How to earn the bonus interest

Your account's average daily balance for the month must be at least S$200,000.

More Questions?

Earn bonus interest (% per year) on the increase in your account balance from the previous month:

Up to S$1,000,000

Boost

Increase your account balance from the previous month’s balance.

Up to
S$1,000,000

1.0%

How to earn the bonus interest

  • Earn this bonus interest on the increase in your account's average daily balance from the previous month's average daily balance,
    up to S$1,000,000.
  • New accounts opened will earn the bonus interest on the average daily balance in the month of account opening, and incremental balances in subsequent months, up to a cap of S$1,000,000.

More Questions?

You will earn a base interest of 0.05% per year on your entire account balance.

OCBC 360 Account Interest Calculator

Find out how much interest you can earn.

From 1 December 2018 to 31 March 2019, the salary credit bonus interest for balances between S$35,000 and S$70,000 will enjoy a promotional interest rate of 2% per year.

1

Understanding your savings

1

Understanding your savings

What’s your current account balance?

S$

What was your account balance last month?

S$

Your incremental balance is

S$
2

What do you do with your account?

2

What do you do with your account?

I credit a salary of at least S$2,000 via GIRO

I spend at least S$500 with OCBC credit cards

3

Do you invest or insure in eligible products with us?

3

Do you invest or insure in eligible products with us?

I have purchased an eligible wealth product

$

Here’s what you will earn

$

Here’s what you will earn

Your total interest per month1
S$XXX.XX

  • Base interest S$X.XX
  • Salary Bonus* S$
  • Spend Bonus S$X.XX
  • Step-up Bonus S$X.XX
  • Wealth Bonus S$X.XX
  • Boost bonus S$X.XX
  • Grow Bonus S$X.XX

Disclaimer
1The amount is calculated on per month (31 days) basis, this is for illustration purposes only.
The calculator is for your convenience only and you have chosen to use it and rely on any results at your own risk. OCBC Bank will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of using the calculator.
*Calculation for salary bonus is based on the promotional rate of up to 2.0% per year.

Current Promotions

Celebrate your bonus with more bonus with the OCBC 360 Account.

From 1 December 2018 to 31 March 2019, the salary credit bonus interest for balances between S$35,000 and S$70,000 will enjoy a promotional interest rate of 2% per year.

T&Cs apply.

Apply now >

Open your first OCBC 360 account online with MyInfo and get a S$20 cash reward.

What's more, stand a chance to be 1 of 3 lucky winners to win S$10,000 cash prize!

Promotion is valid for Singaporeans and PRS, from 3 October till 31 December 2018. T&Cs apply.

Find out more >

Before you apply

  • Eligibility

    • Minimum Age 18 years old
    • Nationality Singaporeans, Permanent Residents, Foreigners with valid passes
  • Fees

    • Initial Deposit S$1,000
    • Minimum average daily balance for the month S$3,000
    • Fall below fee S$2 (waived for the first year)
    • Monthly statements E-Statement

Questions you may have

  • General

    How different is the OCBC 360 Account from other savings or current accounts?

    The OCBC 360 Account is a deposit account that pays you bonus interest when you do all or any of these:

    • Credit your salary through GIRO
    • Save and increase your account balance
    • Spend on your OCBC Credit Card
    • Insure or invest with OCBC

    The account comes with e-statements and you can choose to have a cheque book.

    How is the interest calculated?

    You get 2 types of interest on your account balance every month.

    Base interest:
    This interest is accrued daily based on your account's day-end balance and you will receive this at the end of the month.

    Bonus interest:
    For the FIVE types of bonus below, you will earn bonus interest on 2 tiers based on your account balance, up to the first S$70,000:

    • Earn up to 2.0% per year (usually 1.5% per year) for crediting your salary of at least S$2,000 through GIRO for the promotional period 1 December 2018 to 31 March 2019 and/or
    • Earn up to 0.6% per year for increasing your account's average daily balance by at least S$500 from the previous month and/or
    • Earn up to 0.6% per year for spending at least S$500 across your OCBC Credit Cards and/or
    • Earn up to 1.2% per year for 12 consecutive months when you purchase a new eligible insurance and/or investment product from OCBC and/or
    • Earn 1% per year if your account's average daily balance is at least S$200,000.

    For illustration purpose:

    Bonus Interest Categories Maximum interest earned per year1


    SALARY S$945 + extra S$582
    SPEND S$315
    STEP-UP (NEW!) S$315
    WEALTH S$630
    GROW S$700
    TOTAL S$2,905 + extra $582

    1 The maximum interest earned is computed based on the effective interest rate of the respective bonus interest categories and the bonus interest balance cap.

    2 The extra interest earned is computed based on the promotional salary interest rate during 1 December 2018 to 31 March 2019 and the bonus interest balance cap.

    In addition to the above FIVE bonus interest categories that is earned on the first S$70,000:

    You will earn 1% per year on your account's incremental balances between your account's average daily balance in the current month and previous month, capped at S$1,000,000.

    Please refer to the online calculator available on this page to find out more.

    How will I know that the bonus interest is credited to my OCBC 360 Account?

    Your bonus interest will be reflected in your e-statement, Online Banking and Mobile Banking transaction history as follows

    • 360 SALARY BONUS
    • 360 CC SPEND BONUS
    • 360 STEP UP BONUS
    • 360 WEALTH BONUS
    • 360 GROW BONUS
    • 360 BOOST BONUS

    If you close your account before the bonus interest crediting date, the bonus interest for the previous month will be forfeited.

    Can I open more than one OCBC 360 Account?

    Each customer is only allowed to open ONE OCBC 360 Account where he/she is the Primary Account holder. The signing mandate can be either signed singly or joint alternate.

    Can I use the money in my OCBC 360 Account?

    Yes you can. There is no lock-in period for this account. You can withdraw money with a debit card and/or access your money through OCBC Online Banking.

  • Salary Bonus

    How do I qualify for the salary credit bonus interest?

    You need to credit a minimum salary of S$2,000 to your OCBC 360 Account every calendar month. You can meet this minimum salary requirement through a single credit or multiple credits each calendar month. If there are multiple joint account holders, the total salary amount credited to the account will be considered in meeting the Salary Credit Bonus requirement.

    Does all salary credit qualify?

    While there are many ways salary gets credited into an account, only direct salary credits through GIRO with the description "GIRO - SALARY" in your statements will qualify for this bonus. Other forms of salary credit such as cheques, cash deposit, fund transfer, etc., strictly do not qualify for this bonus interest.

    How do I set up my OCBC 360 Account as my salary crediting account?

    You just need to inform your HR department of your OCBC 360 Account number as the salary crediting account. You will only need to do it once.

  • Credit Card Spend Bonus

    How do I qualify for the credit card spend bonus interest?

    You need to spend a minimum of S$500 across your OCBC Credit Cards (examples of eligible cards are 365, Titanium, Platinum, FRANK, Robinsons, Plus! and Best Denki). Eligible transactions with posting date within the calendar month will be considered, less off and excluding amounts in all transactions that are terminated, voided, reversed or cancelled.

    You must also be the Primary Account Holder of the OCBC 360 Account as well as the Principal Cardmember of the eligible OCBC Credit Card(s).

    If there are multiple joint account holders, only card spends by the Primary Account holder who is the principal cardmember will be considered in meeting the Credit Card Spend Bonus requirement.

    What about the existing rewards and rebates for my OCBC Credit Cards?

    On top of the bonus interest, you will also enjoy all existing privileges of OCBC Credit Cards. Hence, you could be doubly rewarded! Should you not qualify for the bonus interest, you still enjoy all the privileges of OCBC Credit Cards.

    What cards are excluded from this bonus?

    Your spending on these cards does not qualify for this bonus:

    • Debit cards
    • ATM cards
    • Corporate cards
    • Business cards
    • Private label cards

    What transactions are excluded from this bonus?

    These transactions do not qualify for this bonus:

    • Balance transfers
    • Cash advance
    • Cashwise
    • Smartchange
    • Fund transfers
    • Fees and charges

    If you have transactions converted to instalment payment plans through PayLite, Apple (via Telesales or Retail Store), and Samsung Online Store, the transacted and posted amount will be eligible for the relevant calendar month of transaction. Any subsequent monthly repayments to such instalment payment plans will not be eligible.

    If you have Cashflo or Instalment Payment Plan purchases, only the monthly instalment amount will qualify.

    Any transaction 1) on credit cards that are terminated at any time and 2) that is subsequently cancelled, reversed or made void, will not qualify.

  • Step-up Bonus

    How do I qualify for the Step-up bonus?

    You need to increase your account's average daily balance by at least S$500 from the previous month's average daily balance.

    For illustration purpose:

    Month
    Account average daily balance Eligible for Step-up Bonus?



    October S$50,000 -
    November S$50,500 Yes
    December S$40,000 No
    January S$80,000 Yes
  • Wealth Bonus

    How do I qualify for the Wealth bonus interest?

    For new eligible financial product purchases from 1 November 2018

    You need to purchase any eligible financial product of at least the minimum amount through OCBC Bank to earn up to 1.2% per year. Only new purchases made from 1 November 2018 will qualify. Purchases of the same financial product will be aggregated, if their effective date post free look/cancellation period or 14 days, whichever is longer, falls in the same calendar month.

    For illustration purpose:

    Table below shows a customer who purchases an eligible financial product in November 2018, with S$35,000 account balance in November and S$70,000 from December to October 2019.

    Month Account balance Wealth Bonus Interest (% per year)
    November S$35,000 0.6%
    December S$70,000 0.6% on the first S$35,000 and 1.2% on the next S$35,000
    January
    February
    March
    April
    May
    June
    July
    August
    September
    October

    For eligible financial product purchases before 1 November 2018

    For eligible financial product purchases done prior to 1 November 2018, where you had qualified for wealth bonus interest of 1.2% per year on the first S$70,000 of your account balance, and have not completed the 12 month bonus period, you will continue to receive 1.2% per year on the first S$70,000 of your account balance for the remaining bonus period after 1 November 2018.

    For illustration purpose:

    Table below shows a customer whose account balance is S$70,000 and was eligible for Wealth Bonus of 1.2% per year from September 2018 to August 2019.

    Month Bonus interest
    (% per year)
    Up to
    September 1.2% 1st S$70,000
    October
    November
    December
    January
    February
    March
    April
    May
    June
    July
    August

    For eligible financial product purchases done prior to 1 November 2018, where you have qualified for wealth bonus interest of 0.6% per year on the first S$70,000 of your account balance, and have not completed the 12-month bonus period, you will receive 0.6% per year on the first S$35,000 and 1.2% per year on the next S$35,000 of your account balance for the remaining bonus period after 1 November 2018.

    For illustration purpose:

    Table below shows a customer whose account balance is S$70,000 and was eligible for Wealth Bonus of 0.6% per year from September 2018 to August 2019.

    Month Bonus interest
    (% per year)
    Up to
    September 0.6% 1st S$70,000
    October
    November 0.6% on the first S$35,000 and 1.2% on the next S$35,000
    December
    January
    February
    March
    April
    May
    June
    July
    August

    Note: To ensure that the product you purchase meets your financial needs, our financial consultants will perform a Financial Needs Analysis (FNA) with you in order to help you make an informed decision.

    When will I receive the wealth bonus?

    You will receive the wealth bonus for 12 consecutive months after the effective date of purchase post free-look period or 14 days, whichever is later. Effective date refers to the inception date of the insurance product, trade date of unit trust, deposit start date of structured deposit and transaction date of other relevant investment products.

    For example:

    Effective date Effective date post free look period or 14 days First month of wealth bonus



    1 November 15 November November
    (Interest will be credited in December)
    20 November 4 December December
    (Interest will be credited in January)

    Unit trusts or structured deposits investments that are subsequently cancelled will not be considered towards the minimum qualifying amount within the relevant calendar month.

    What happens if I subsequently purchase another eligible wealth product before the completion of my current 12-month bonus period?

    The wealth bonus earned on your 360 Account will be extended for another 12 consecutive months after the effective date of (your most recent) purchase post free-look period or 14 days, whichever is later.

    Do I continue to get this bonus interest if I sell my investments or when they mature?

    Yes. You will continue to get this bonus interest.

    How can I pay for the eligible financial products?

    There are many ways to pay for insurance or investment products:

    • Insurance: Cash, cheque or credit card (except for PrimeGold Bonus 2 which also can be purchased using funds from your SRS account (any agent bank)
    • Structured Deposits: Funds from your OCBC deposit account or SRS account (any agent bank)
    • Unit Trusts: Funds from your OCBC deposit account, or CPF/SRS account (any agent bank) for applicable funds
    • Bonds, Equity-Linked Convertible Investments, Reverse Equity-Linked Convertible Investments, Structured Investments and Structured Notes: Funds from your OCBC deposit account

    Where can I find more information on the eligible products?

    For insurance:

    • Regular & Single Premium Endowment Insurance Plans, please click here.
    • MaxRetirement & MaxRetirement Flex, please click here.
    • Regular Premium Protection Plans, please click here.
    • Universal Life Plans & PremierLife Legacy, please contact your Premier Banking Relationship Manager.

    For investments:

    • Unit Trusts, please click here.
    • Structured Deposits, please click here or visit any OCBC Bank branch.
    • Bonds, Equity-Linked Convertible Investments, Reverse Equity-Linked Convertible Investments, Structured Investments and Structured Notes, please contact your Premier Banking Relationship Manager.

    Alternatively, please leave your contact details here and we will get in touch with you.

    What financial products are excluded from this bonus?

    These are examples of financial products that do not qualify for this bonus:

    • Cash Equities
    • Dual Currency Returns
    • Financing Facility
    • Foreign Exchange (FX)
    • OCBC Blue Chip Investment Plan
    • OCBC RoboInvest
  • Grow Bonus

    How do I qualify for the Grow bonus interest?

    You will earn this bonus interest if your account's average daily balance is at least S$200,000.

    For example:

    Month Average daily balance
    for the month
    Qualify for Grow bonus?



    October S$60,000 No
    November S$250,000 Yes
    December S$200,000 Yes
    January S$300,000 Yes
  • Boost Bonus

    If I am an existing 360 Account holder, how do I qualify for the Boost bonus interest?

    To qualify, increase your account's average daily balance from the previous month's average daily balance.

    Your account's average daily balance in the previous month must have at least S$0 or positive balances. This bonus interest will be paid on the incremental balance (difference between your account's average daily balance in the current month and previous month), capped at S$1,000,000.

    For illustration purpose: Existing account as of Oct 2018.

    Month Account balance Incremental balance eligible for Boost bonus interest



    October S$50,000 Not applicable
    November S$200,000 S$150,000
    December S$280,000 S$80,000
    January S$1,300,000 S$1,000,000

    If I just opened a new account, will I get the Boost bonus interest?

    If you open a new account, the bonus interest will be based on the average daily balance in the month of account opening.

    You will qualify for this bonus in subsequent months based on the incremental balance in the respective months, capped at S$1,000,000.

    For illustration purpose: New account opened in Nov 2018.

    Month Account balance Incremental balance eligible for Boost bonus interest



    October Not applicable Not applicable
    November S$50,000 S$50,000
    December S$200,000 S$150,000
    January S$1,300,000 S$1,000,000

Ways to apply

Open your 360 account today with us

Open your 360 account
today with us

Apply online
or visit us at a branch with these documents. Locate a branch