The last time Standard Chartered bank did a promo similar to this, our heads spin 180 degrees. Who has time to grabble with all the rules, and terms & conditions? And with this kind of promotions, there is always tallying to do. That can take days because it isn't unheard of that in the end, the tallies doesn't add up, leading to a flurries of call and emails to Customer Service hotline. That is, if you have the patience to deal with the robotic "Press 1", "Press 2" instructions, and in the case of banks which are also resource-constrained, it is often a long wait before a human come on board to help.
For those with the time and inclination to pursue its many guideposts, the latest "Wake Up Your Money" OCBC promotion is better than letting idle money lie in a close-to-zero interest rate account.
For us, our heads already spin 360 degrees staring at this OCBC 360 deposit account ad.
Call us goons for skipping any chance to wake up our money, but we are trying to de-stress,
not throw in more hassles into our already over-worked life.
