Sign up to save your podcasts
Or
Share S1E25: Money Hacks Ep 25 - Are you a good saver? Is it worth enjoying higher interest rates with OCBC 360 and UOB One following latest tweaks?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
S1E25: Money Hacks Ep 25 - Are you a good saver? Is it worth enjoying higher interest rates with OCBC 360 and UOB One following latest tweaks?
Money Hacks Ep 25 - Are you a good saver? Is it worth enjoying higher interest rates with OCBC 360 and UOB One following latest tweaks?
9:10 mins
Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.
Local banks are introducing higher bonus interest rates to get customers to save more. From Nov 1, 2018, OCBC customers can earn an effective interest rate of up to 3.2 per cent per annum on the first $70,000 in their savings account known as the 360 account, when they fulfil some criteria.
The move comes after United Overseas Bank (UOB) in August raised the balance amount for which customers can earn maximum bonus interest.
Customers who have a UOB One account can receive an effective interest rate of up to 2.44 per cent per annum in bonus interest on their first $75,000 when they spend $500 on their credit card and credit their monthly salary of at least $2,000 or have three Giro debit transactions.
DBS Bank has a Multiplier account which can earn customers up to 3.5 per cent per annum in interest on the first $50,000, as long as the salary is credited into the account with two or more separate transactions with the bank. The transactions can include credit card spending, investments and mortgages.
Produced by: Ernest Luis & Christopher Lim
Like, subscribe and rate our Money Hacks podcast on: Spotify: http://str.sg/oeGN iTunes: http://str.sg/oeXe Google podcasts: http://str.sg/oeGd Feedback to: [email protected] Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.
View all episodes
By The Business Times
5
11 ratings
Money Hacks Ep 25 - Are you a good saver? Is it worth enjoying higher interest rates with OCBC 360 and UOB One following latest tweaks?
9:10 mins
Synopsis: In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial and investment scene.
Local banks are introducing higher bonus interest rates to get customers to save more. From Nov 1, 2018, OCBC customers can earn an effective interest rate of up to 3.2 per cent per annum on the first $70,000 in their savings account known as the 360 account, when they fulfil some criteria.
The move comes after United Overseas Bank (UOB) in August raised the balance amount for which customers can earn maximum bonus interest.
Customers who have a UOB One account can receive an effective interest rate of up to 2.44 per cent per annum in bonus interest on their first $75,000 when they spend $500 on their credit card and credit their monthly salary of at least $2,000 or have three Giro debit transactions.
DBS Bank has a Multiplier account which can earn customers up to 3.5 per cent per annum in interest on the first $50,000, as long as the salary is credited into the account with two or more separate transactions with the bank. The transactions can include credit card spending, investments and mortgages.
Produced by: Ernest Luis & Christopher Lim
Like, subscribe and rate our Money Hacks podcast on: Spotify: http://str.sg/oeGN iTunes: http://str.sg/oeXe Google podcasts: http://str.sg/oeGd Feedback to: [email protected] Do note: Any financial or investment information in this podcast is for use in Singapore only and is intended to be for your general information. Any particular investment or decision should only be made after consulting with a fully qualified financial adviser.See omnystudio.com/listener for privacy information.
More shows like BT Money Hacks
View all
WSJ Tech News Briefing
1,630 Listeners
Motley Fool Money
3,207 Listeners
Yah Lah BUT...
16 Listeners
Thoughts on the Market
1,286 Listeners
The Financial Coconut Podcast
3 Listeners
Your Money with Michelle Martin
1 Listeners
BT Mark To Market
1 Listeners
The Business Times Podcasts
0 Listeners
The Daily Ketchup
8 Listeners
WealthBT
0 Listeners
Providend's Money Wisdom
2 Listeners
PropertyBT
0 Listeners
Money Talks
1 Listeners
Big Take Asia
24 Listeners
BT Correspondents
0 Listeners