Only eligible transactions that appear on your card account within the calendar month will qualify for this. Transactions that have been terminated, voided, reversed or cancelled will be excluded.
No, it is only applicable on the first RM100,000, when maintained consistently for the entire month. Amounts more than RM100,000 will only enjoy the base rate of 0.05% p.a.
It will be paid by the 14th business day of the next month. Business day is a day that is not a public holiday in Kuala Lumpur or Saturday or Sunday.
A minimum deposit of RM500 is required to open an account.
No, you may only open one account where you are the Primary Account holder. This means that if you already have one account in your single name, you will not be allowed to open a joint account as a primary accountholder.
Your Bonus Interest(s) will also be revised accordingly. However, the quantum of the upward/downward revision will be determined by the Bank as is the general industry practice.
If the changes to interest rates and/or product (e.g. T&C, product information sheet, features of the account, etc.) are initiated by the Bank, the Bank will give 21 days’ notice before effecting the change.
However, in the event that there are regulatory changes, e.g. Bank Negara revises the OPR policy rate, we will still give notice but the notice period may not be 21 days.
You will receive the prevailing Base Interest paid up to the day before the account closure. However, you will not be eligible for the Bonus Interest(s).
Yes. There is occasionally a delay between when a transaction is performed by you, and when the transaction is posted to your account. Delays in the posting of transactions are due to various reasons, such as processing time, cut-off times, business days, etc. As such, only transactions that meet the qualifying criteria and are posted to your account within the month are counted towards payment of the Bonus Interest. The Bonus Interest will be paid out based on your average daily balance (up to a limit of RM100,000).
You may refer to the Product Information Sheet for an illustration or use the Online Calculator; please also note the different calculation conventions between base interest and bonus interest (summarised in the table below).
|Type of interest||Rate and computation convention||Remarks|
||In the event of a rate hike or cut, the revised rate will be applied on the effective date. With this, the total Base Interest will be pro-rated.|
||In the event of a rate hike or cut, the revised rate will be applied on the whole ADB amount of the month and the Bonus Interest is only calculated once at month-end.|
Just deposit cash/cheque amounting to RM500 and/or fund transfer from other banks. However, Base Interest and Bonus Interest are not considered deposits eligible for the Deposit Bonus Interest.
Yes, if the combined net1 amount of both cards were fully posted within the same month.
|Type of Card||Qualify for the OCBC 360 Account Spend Bonus?||Qualify for the OCBC 360 Account-i Spend Bonus?|
|Debit Card||Yes, if the 360 Account is tagged as Fast Cash Account||Yes, if the 360 Account-i is tagged as Fast Cash Account|
No(as the Debit Card-i's fast cash account must be Islamic accounts)
|Yes, if the 360 Account-i is tagged as Fast Cash Account|
Yes, if you top-up your e-wallet using your *credit card/debit card with the 360 Account as Fast Cash Account only.
If you top up your e-wallet via FPX transfer, you will not qualify for the Spend Bonus Interest.
*Refer to questions 4 – 6 for credit/debit card spending eligibility criteria
You just need to pay any 3 UNIQUE bills with your OCBC 360 Account through OCBC Online Banking (e.g. transfer to OCBC credit facilities/ JomPAY/ Interbank GIRO / DuitNow) every calendar month.
For jointly-held accounts, eligibility for the Pay Bonus Interest will be based on the total number of payments done through the OCBC 360 Account within the calendar month, by either one or both accountholders.
All the billers listed under bill payment, JomPAY, OCBC Credit Card payment and OCBC Home Loan payment.
Yes, monthly instalments and standing instructions qualify for the Pay Bonus Interest so long as it is made from the channel of OCBC Online Banking to any of the below:
Only payments made via the Financial Process Exchange (FPX) platform do not qualify.
Payments made online, Interbank GIRO and DuitNow through the OCBC Online Banking channel qualify.
No. Payments from your OCBC Credit Cards are eligible for the Spend Bonus Interest instead. To qualify for the Pay Bonus Interest, you must make the payment(s) from your OCBC 360 Account.
Multiple payments within the same month to the same merchant, payee, account and/or billing organisation will be deemed as ONE bill payment.
However, if you have made multiple payments to different accounts within the same billing organisation and each payment may be uniquely identified to a distinctive account, you will be eligible for the Pay Bonus Interest.
Any payments that are subsequently cancelled, reversed or voided will not be eligible for the Pay Bonus Interest.
Yes, but you must register a JomPAY biller on Internet Banking first so that it will appear on your Mobile Banking Application and thereafter, you may use JomPAY to pay your bills via the Mobile Banking Application.
Note: Billers must be registered on Internet Banking for them to appear on the Mobile Banking Application. You cannot add Billers via the Mobile Banking Application.