Updated BOC Smart saver vs other banks

Jes 2 Comments

From my last post, it seemed like BOC Smart saver is a good account. Alas, all good things must come to an end. It is not going to be so enticing anymore. Similar to OCBC 360, they changed their terms after the initial hype.

Let's take a look at the revised interest rates wef Dec 2016.

Comparing the new changes to the rest of the banks:
The interest rate of OCBC 360 is lower wef 1/4/2017. See this updated post for more details.

With that, the interest rate for the majority of us would be different too:

You can see that BOC Smart saver is no longer that attractive after the change. Initially, they wanted the market share and thus, set high interests compared to OCBC 360. Now, they are targeting people with high cash in their accounts and also high spending power. I believe most of us are still going to stick with OCBC 360 or UOB One.

I wonder how many of you changed from OCBC to BOC and are now going to change again.


If you have benefited from this post, support our first business venture at snackfirst.com or like us on Facebook!


  1. Hi...with the recent changes to the OCBC 360 account...can you please so an update? I'm sure a lot o current and new readers will appreciate it, especially the current 360 account holders who are angry. Thanks

    1. Hi Kevin,

      You good, make me work, haha just kidding! I am happy to oblige and will do so soon. I just hope other banks will not start changing their interests too. Good night and thanks for reading! :)


Note: only a member of this blog may post a comment.