OCBC Adjusts Salary Bonus Interest on 360 Account to 2.0% (from 1.5%) for Balances Between S$35,000 and S$70,000
OCBC introduced some changes to the 360 Account back in November 2018 and one month after the new changes took effect, the bank awarded a bonus interest of 2.0% (instead of the 1.6% which was initially advertised) on balances between S$35,000 and S$70,000. This promotional interest rate was supposed to end after March 2019 but it appears that the bank has now made this positive change permanent.
Photo Credit: OCBC
There are no other changes to the 360 Account as of now and it is certainly good news that the effective annual rate (EAR) of the salary bonus is now at 1.60% p.a. instead of 1.45% p.a. as it was previously. As mentioned in my previous article, it is a good idea to check out the Step Up bonus that you can easily trigger by increasing your account balance by S$500 compared to the previous month even if this bonus interest is only calculated based on the first S$70,000 of your account balance.
Photo Credit: OCBC
Following the November 2025 devaluation, the value of a KrisFlyer mile has undoubtedly dropped. While Saver awards remain the gold standard, it is time to revisit a perk that has always existed but is often ignored: the Advantage Award stopover. By leveraging the complimentary stopover on one-way Advantage redemptions, you can effectively book a second holiday for free - provided you travel within 30 days.