ACK! It seems that OCBC and UOB in Singapore are going to raise the fees for their low-yielding accounts, starting from Jan 1, 2005!! =S

Since I’m not blessed with a healthy fat account all the time, I was of course affected as I am one of OCBC’s “low-yielding accounts”.. sigh..

Apparently, OCBC in Singapore has raised the minimum monthly average savings for Passbook Savings to S$1000! That’s DOUBLE that of the S$500 minimum balance set last time!!!

gosh!! Where am I going to find so much money to stash in the bank every month just so they won’t charge me S$2 just for being poor??!!?!?!?! This is not fair! I’m just a pathetic student with no money! sigh..

Anyway, if you have accounts with OCBC and/or UOB in Singapore, you might wanna find out more about what the extra charges that will be incurred or other revised minimum balances. Quite a number of changes will take place soon, so better make plans to not overspend for Christmas or something. (oops. too late for me now. smiley ) Here’s the news article from Straits Times on 23 Dec.

=)