Get cashback of up to Rp6 million by opening new products such as Bonds, Mutual Funds, Deposits, Tanda Hold, and other products with a total minimum fund placement of Rp1 billion. Valid for new & existing OCBC Premier Banking Customers.
Program Scheme
*New product options:
- Bonds (nominal transaction) minimum IDR 100 million
- Mutual Funds (excluding Money Market) minimum IDR 100 million
- Minimum Time Deposit of IDR 100 million with a minimum of a 3 month tenure
- Tanda 360 Plus foreign currency savings minimum equivalent to IDR 100 million (end of month position) - Each currency will be considered a new product (except IDR)
- Bancassurance (premium paid) minimum IDR 100 million
- Customer Funds Account (end of month position) minimum IDR 100 million
- Current account (end of month position) minimum IDR 100 million
- Tanda Hold with a minimum equivalent of IDR 100 million and a minimum tenure of 3 months with a choice of IDR/USD currency
Program Terms & Conditions
- Valid for New Customers and Existing Customers (including upgrades) who have joined Premier Banking Services.
- For New to Bank Customers: applies to Premier Banking Customers who open an account in the same month as program registration
- For Existing Customers: Valid for Premier Banking Customers who have joined OCBC Premier Banking at least 3 months before program registration, or Existing Customers who have had an account at OCBC for at least 3 months and upgraded to OCBC Premier Banking in the same month as program registration.
- Funds must be fresh funds.
- For New Customers and Existing Customers: the program fulfillment period is no later than 2 months from joining OCBC Premier Banking (for New Customers) / from the month of program registration (for Existing/Upgrade Customers). For example, if Customer A is a New Customer who joined as an OCBC Premier Banking Customer on November 20 2023, then the latest to fulfill the terms and conditions of the program is January 31 2024.
- Ownership of the same product will be considered as 1 new product, except for different currencies in Tanda 360 Plus Multicurrency account.
- Eligible new products are specific products that were not owned in the current year when joining OCBC Premier Banking (New Customers / Upgrades). Foreign Currency will be eligible if the minimum placement is made after program registration.
- For Tanda 360 Plus Multicurrency Savings , it will be calculated based on the position and exchange rate in effect at the end of the month. For RDN (Customer Funds Account) and Giro, it will also be calculated based on the position at the end of the month.
- Rewards can be in the form of cashback and will be credited no later than the fourth week of the following month to an active Tanda 360 Plus IDR Account after the Customer fulfills the applicable terms and conditions.
- The program eligibility calculation will be based on the total placement of existing funds in the 3 new products selected at the end of the month.
- The Bank, at its discretion and discretion, has the right to suspend or cancel the awarding of rewards if there are indications of fraud, impropriety or violation of these Terms and Conditions.
- The Bank has the right and authority to change, add and/or reduce these Terms and Conditions by notification through media deemed appropriate by the Bank taking into account the applicable legal provisions and regulations.
Program Simulation
Notes:
- Month 0 = month of joining OCBC Premier Banking (for New Customers)/month of program registration (for Existing Customers)
- 1st month = the next month (M+1) since the month of joining OCBC Premier Banking / month of program registration
Example: month of joining OCBC Premier Banking / program registration: November 2023 (0th month), then M+1 is December 2023 (1st month) - 2nd month = the next 2 month (M+2) since the month of joining OCBC Premier Banking / month of program registration.
Example: month of joining OCBC Premier Banking / program registration: November 2023 (0th month), then M+2 is January 2024 (2nd month)
