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From Aug 1, it will be cut to 5.45% per annum, from 6.3% previously, on the first S$100,000. Read more at straitstimes.com.
Big banks are still offering near-zero interest on savings, but find out which high-yield accounts are quietly paying over 4% with no monthly fees.
The Swiss National Bank (SNB) cut rate 25bp to bring policy rate down to 0%, as widely anticipated. USD/CHF was last at 0.8165 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Now, suppose the bank reduces the personal loan interest rate to 11% after the 100-basis points repo rate cut by the RBI. For the same Rs. 10 lakh personal loan of 5 years, Kareena’s EMI will ...
For the longest time, UOB One and OCBC 360 were the top dogs when it came to high-interest savings accounts in Singapore. Even after both got nerfed, they still managed to stay ahead of the pack ...
Before you make a move, call your current card issuer and ask them to match the best interest rate you’ve found in the marketplace that you’ve already qualified for. And if you do transfer ...
For example, during the COVID-19 pandemic, central banks around the world slashed interest rates nearly to zero and introduced all sorts of new stimulus measures, in the hopes of reviving economic ...
The 360 account will offer a maximum effective interest rate of 6.3 per cent a year on the first $100,000, down from 7.65 per cent.
The maximum effective rate will drop to 3.3%, down from the current 4%. OCBC’s changes, also effective 1 May, will lower the maximum effective rate on its 360 account from 7.65% to 6.3% for customers ...
The lender also joins OCBC in cutting rates on its flagship savings account this year. Earlier in March, OCBC announced it would cut rates on its 360 Account in line with prevailing market conditions.
OCBC Bank has confirmed a significant change in the interest rates of its popular OCBC 360 savings account, set to take effect on May 1, 2025. This article will delve into the details of the interest ...