The promotion details are summarized in the table below:
No
|
Product
|
FD Tenure
|
Interest Rate
|
Eligibility
|
1
|
Deposit Deal
|
3-month
12-month
|
3.10% p.a.
3.30% p.a.
|
Min RM 10000
placement and max RM 1 million deposit.
|
2
|
Investment Deal
|
3-month
|
4.00% p.a.
|
Purchase any one or
more of the selected OCBC Investment products.
|
3
|
Savings Deal
|
3-month
|
4.28% p.a.
|
Min RM 10000 placement
and max RM 1 million deposit, with equivalent amount place in CASA and
earmarked for 3 months.
|
4
|
Premier Bank Deal
|
3-month
|
5.50% p.a.
|
Premier Banking
customer with 3 Product Holding where 1 of the products must be non-deposit product.
|
The OCBC Head Start Promotion is not as good as the previous Mega Save Promotion. Overall, the interest rate offered is lower. For Savings Deal, the FD placement amount must be equivalent to the CASA earmarked amount, which makes the promotion even less attractive.
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