Today, I will be also showing you why choosing OCBC 360 Account over UOB One Account is the way to go for 2020!!
With so many different savings accounts that market themselves as having the ‘highest interest guaranteed!’ It is no wonder we are spoiled for choices.
Not to worry because today I will be sharing my analysis of OCBC 360 account and UOB One account.
This article will provide how each account works and how interest is calculated as well as relatable scenarios to better understand and help us make these difficult choices.
OCBC 360 Account
Fees and eligibility of the OCBC 360 Account:
To be eligible to open the account, you will have to be 18 years of age.
- An initial deposit of $1,000
- No monthly account fees charged
- If your average daily balance falls below S$3,000, a Fall-below fee of S$2 (Waived for the first year) will be charged.
Revision of Interest Rates for OCBC 360 from 2 May 2020