Under the revised rates, the average account holder can earn 4.65% per annum on the first $100,000 in his or her bank account by crediting his salary of at least $1,800 a month, saving, as well as making charges to certain credit cards.
Oversea-Chinese Banking Corporation (OCBC), on Oct 31, announced that it will raise its interest rates for its flagship OCBC 360 account from Nov 1.
The revised rates are said to be at an all-time high for the bank.
