You can open a FRANK Account under a joint name. Privacy . OCBC Mighty Savers ® is a savings programme that teaches your child the importance of saving. This deposit is an eligible deposit insured by Malaysian Deposit Insurance Corporation (PIDM). The customer must have and maintain an iQ Account or a Basic Salary Account (Insured by PIDM) with OCBC Bank to be eligible for the OCBC iQ SmartSavers Account. of Access and Security & Travel companion card. Smart Parent savings account rates are higher interest rate than a regular Statement Savings Account. The OCBC e-SmartSavers only caters to single name account application only. Andy Sim, HR Professional … In Singapore and Malaysia, withdrawals are free at any OCBC or OCBC NISP ATM. EXPLORE OUR PRODUCTS FOR YOU. A high-yield savings account that fosters disciplined savings . … OCBC iQ SmartSavers Account (“iQ SSA”) 3.2.1. FRANK CREDIT CARD Learn more. |   All Rights Reserved. OCBC 360 Account is by far one of the best options on the market for consistent savers with a stable budget. The OCBC privacy policy ceases to apply at third party websites. Pay bills and transfer funds to accounts within OCBC, or to other banks' accounts via MEPS interbank GIRO. OCBC Booster Account OCBC Booster Account gives your savings a boost of up to 3.10% p.a. Savings Account. + Follow • 2. Apply now and get FairPrice e-vouchers. Interest rates. What Makes OCBC Bonus+ Savings Account Stand Out. instead of the 3.00% before. Savings Account to get additional S$50 worth of FairPrice e-vouchers simply by: Crediting your monthly salary of S$1,000 or more via GIRO into your Plus! You deserve all the nice things so why not get your hands on them with Savings Goals – it automatically saves money for you each month, all within one bank account! Interest rates (yearly) No withdrawals during calendar month. Age 18 and above; Malaysians, Malaysia PRs and foreigners; How to apply. Open your OCBC Monthly Savings Account today. Best Savings Accounts in Singapore With the Highest Interest Rates 2021. If your contributing account is not in OCBC, that account will be deducted 1 business day before your contribution date. PIDM insures eligible deposits for up to RM250,000 per depositor per bank. I'll need to ask you a few more questions to complete your application. Cards. © OCBC Bank (Malaysia) Berhad (295400-W) 2016. GET STARTED. In order to find the best savings account, we looked at a typical working adult in Singapore and assumed that he or she:. The best time to save is now. To open a multi-currency account … Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000 each. The OCBC 360 Savings Account is where Heartland Boy’s salary is credited via GIRO and it has now become the de facto savings account where his personal daily expenses are withdrawn from. Personal. Starter Savings Account . Visit any of our branches and open an account … Account Fee S$2 per month (regardless of balance) Cheque Book Fee S$10 per cheque book MOI Account Smart Parent Account Smart Senior Account Smart Savings Account Service Fee S$2 per month if average daily balance for the month falls below S$1,000 Seniorate Account S$2 per month if average daily balance for the month falls below S$500 02 We wish to remind you of our Conditions ... Connect your smart contracts to powerful cryptocurrency and FX data with Alpha Chain Chainlink nodes, and data API. OCBC 90°N Card. We wish to remind you of our Conditions of Access and Security & Privacy . Answer Now. Anonymous. for balances below RM30,000 instead of 0.25% previously, whereas balances above RM30,000 get 2.70%p.a. of Access, Security & Initial deposit. What is a high interest savings account? Most Upvote. 3.2. If you or your friends are currently using savings accounts such as the DBS Multiplier, OCBC 360, or UOB One, you already know what high interest savings accounts are - they typically offer significantly higher interest rates of 1-2% per year as compared to a bank’s typical 0.05% p.a. Accounts; Cards; … Let's connect on WhatsApp! Suggest an Edit / Similar APIs. The Ocbc Savings Accounts API is not currently available on the RapidAPI marketplace. Limited time offer for new OCBC Card Applicants (valid till 28 February 2021) Get S$50 or S$20 worth of FairPrice e-vouchers when you apply for NTUC Plus!Visa Credit or Debit Card and make 3 transactions on your approved card.. Plus, apply together with NTUC-OCBC Starter Account to get additional S$50 worth of FairPrice e-vouchers simply by: Bespoke lifestyle privileges card. © Copyright OCBC Bank (Malaysia) Berhad (199401009721 / 295400-W), Protected by PIDM up to RM250,000 for each depositor, Conditions Deposit RM1,000 Monthly with No Withdrawals. … You simply start with the base of 0.05% and add whatever bonus interest you qualify for. As long as you are a Malaysian aged 18 and above, you are good to apply. 0 comments. 2. You are advised to read the privacy policy of third party websites. In other words, joint account is not permitted under this plan. © OCBC Bank (Malaysia) Berhad (295400-W) 2016. Concluding Thoughts On OCBC 360 Savings Account. profit on Account Balance For more information, click here. Features of iQ SSA Eligibility Age 18 years and over. Should a bank fail, PIDM will promptly reimburse depositors over their deposits. Find out how you can be smart about your money with the FRANK Account and Debit Card. FRANK Account is limited to two joint account holders. The RM250,000 limit includes both the principal amount of a deposit and the interest / return. Promotion ends on 31 March 2021. FRANK DEBIT CARD Learn more. This deposit is protected by PIDM up to RM250,000 for each depositor. Its Booster Account now offers 0.10%p.a. RM 4,000 Eligibility. Type Floating: Rate 0.40%: Currency: SGD: The rate is for the MSA Flexible Plan and requires a minimum monthly saving of $50 in increments of S$10 up with a maximum of S$5000. OCBC Bonus+ is a great option for consumers who can–for the most part–make monthly deposits while forgoing withdrawals, but can't commit to such behaviour for an extended period of time. Age 18 and above; Malaysians, Malaysia PRs and foreigners; How to apply. Yes. PIDM protects depositors holding deposits with banks. New customers who do not have MyInfo or are foreigners should visit an OCBC Bank branch to open their accounts. Loans. Both residing in Singapore. Register Now to skip the queues and enjoy Express Account Opening! That’s because it has been around for a long time and gives a decent interest rate to its customers. OCBC ATM cards are accepted at all MEPS ATMs. Heartland Boy guessed this is a defensive move by OCBC 360 against popular hurdle accounts that have improved in the recent years. What’s next? You are advised to read the privacy policy of third party websites. Its newest product, the nuon Savings Account, has maintained its base interest rate of 1.0%, but reduced its Save Pot Bonus by 0.2%p.a. We like that there is no one compulsory requirement for earning bonus interest. Visa Credit or Debit Card and make 3 transactions on your approved card. At least 1 withdrawal made during calendar month. “Promotion Period” means from 2 November 2020 to 30 January 2021, both days inclusive. Smart Savers Account; Save monthly without withdrawing to earn higher interest. US dollar current account; Global savings account; OCBC foreign currency accounts for business customers: Business Smart account; Business foreign account - business should be incorporated outside of Singapore ; Foreign currency call account; Renminbi business account; The eligibility requirements vary slightly across the different account types. SmartSavers Account g. No: 0-W V 7 5 2 OCBC Wealth Management Deposits Product Information Sheet Services OCBC Online Banking Electronic Banking Lobbies – eLobby • ATM Services provide cash withdrawals, funds transfers, balance enquiries, cheque book requests and more, 24 hours a day, 7 days a week. OR CHECK OUT RECOMMENDED PRODUCTS. However, the past couple of years have seen OCBC revised the interest rates of its widely popular OCBC 360 savings account multiple times. Asked on 03 Mar 2020. Individuals who credit a S$2k+ salary, spend S$500+/month on an OCBC credit card, and increase their balance size by at least S$500 monthly–all fairly reasonable criteria for the average consumer–quickly accrue bonus interest on up to S$70k of the balance. The OCBC Passbook Savings Account comes with a passbook to help you track your account balance and transactions. Get rewarded for shopping. Who can apply. How easy is it to apply for this online savings account? “Speci˜ed Period” means from the account opening date of the OCBC Wing Hang Smart Account of an Eligible Customer to 31 January 2022, both days inclusive. Interest rates. Get cash rewards when you top up your account. Cultivate a disciplined saving habit; No need to open a second account just for savings; Take your money out anytime Account holders unlock bonus rates on a month-to-month basis, earning +0.45% p.a. The OCBC privacy policy ceases to apply at third party websites. FAQs. FRANK Account; FRANK Debit Card ; PRODUCTS. See all cards. Save every month with easy access to your money Enjoy a high profit rate of 2.80% p.a. base interest rate. Grow your wealth with high interest rates from OCBC Malaysia's saving accounts, fixed deposit (FD) accounts or islamic accounts. 8.8. Child below 16 years old. However, you can still earn decent interest up to the first $75,000. You are leaving the OCBC website. Learn more. OCBC 360 ACCOUNT Learn more. Common questions. For everyday spending. For more information, refer to PIDM's DIS Brochures that are available at our counters or go to the website at www.pidm.gov.my. Note if you make any withdrawals, interest will be 0.1% a year in the month of withdrawal. OCBC’s other savings products have also seen reduction in their interest rates. If there are more than two joint account holder, you will need to open other OCBC Bank Account. Savings Accounts Savings OCBC OCBC 360 Account Bank of China SmartSaver Account . MEPS Fee Waiver ! Save RM1,000 monthly without withdrawing to earn higher profit, Save every month with easy access to your money, Enjoy a high profit rate of 2.80% p.a. 99%. Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. Make withdrawals at over 600 OCBC ATMs in Singapore and at Visa PLUS ATMs anywhere in the world. Related Articles. How does the BOC SmartSaver compare to the OCBC 360 savings account? Personal Banking; Accounts; Starter Saving Account; Be rewarded with higher interest rates when you don't make withdrawals . The OCBC 360 savings account was once a popular choice for young working adults, but its lowered interest rates and tiered system make it less user-friendly now. Earn interest on your savings: Amount in account: Interest rate: Entire account balance: 0.05% a year: Amount in account: Entire account balance: Chinese New Year deposits promotion . Otherwise, your account will be deducted on … 1 answer. Locate a branch. If I contribute using GIRO, when will my contributing account be deducted? New customers can apply for a new OCBC Bonus+ Savings Account online with MyInfo, then register their participation online. or visit us at a branch with these documents. Answers (1) Sort by. OCBC Titanium Rewards Credit Card. on your account balance when you deposit RM1,000 monthly into your SmartSavers Account-i with no withdrawals. You are leaving the OCBC website. on your account balance when you deposit RM1,000 monthly into your, For the full Terms and Conditions please click, I confirm that I have read and I agree with the. If your daily savings account balance falls below the stated minimum by your bank, you may be charged a fall below fee of S$2 or S$5. Initial deposit . Learn more about the OCBC SmartSavings account. Apply online. EasiCredit. Privacy, Total amount deposited in account every calender month, Terms and Conditions Governing the SmartSavers Account, Product Information Sheet for SmartSavers Account, Product Information Sheet (For SmartSavers Junior Account). View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking. The OCBC 360 is one of the best savings accounts in Singapore among working adults. Visit here for more info. How to apply. Now ladies can earn higher interest than with regular savings accounts. Normal Rate 1 … OCBC 365 Credit Card. FRANK ACCOUNT Learn more. OCBC Smart Saver is a high-yield savings account that fosters disciplined savings. Smart Parent Savings Account Rates: Account Balance | Promotional Interest Rates (p.a.) There is no charge to depositors for deposit insurance protection. First S$10,000= 0.15% S$10,001 to S$50,000= 0.15% S$50,001 to S$250,000= 0.25% Above S$250,000= 0.33% Smart Parent Savings Account Rates subject to change. To enjoy the benefits, sign up with your child today. There is no charge to depositors for deposit insurance protection. PIDM protects depositors holding deposits with banks. Get S$50 or S$20 worth of FairPrice e-vouchers when you apply for OCBC Plus! RM 200 Eligibility. OCBC VOYAGE Card. FIND OUT MORE . 3. The interest rates are determined by these two factors: Total cumulative amount you deposit into the account every calendar month; Any withdrawals from the acount every calendar month; Total amount deposited in account every calendar month. Plus, apply together with Plus! Should a bank fail, PIDM will promptly reimburse depositors over their deposits. Rates. OCBC Savings Accounts. 1086 mms. when you combine it with your wealth Apply now MEPS Fee Waiver ! Fresh funds must be transferred from a non-OCBC bank account within 3 calendar days from the date of registration. A parent or legal guardian as a joint account owner. Every savings account comes with a daily minimum balance, such as S$500 for the Maybank iSavvy Savings account, S$1,000 for the OCBC 360 account, and S$3,000 for the POSB or DBS Multiplier account. Best to apply online & open an account now. Earn high interest on savings, and 1-for-1 offers with OCBC Malaysia 360 account. Terms and Conditions Apply. ON YOUR MONTHLY SAVINGS . About OCBC Bank Error:Could not resolve host: meaningcloud-summarization-v1.p.mashape.com . Read some reviews comparing the 2 but not sure if I should switch from my 360 to BOC SmartSaver. The rate of 0.40% is 0.14% higher than the average 0.26%. Initial deposit RM 200 Deposit RM1,000 Monthly with No Withdrawals 2.80 % P.A. Permitted under this plan joint account holders unlock bonus rates on a month-to-month basis, earning +0.45 % p.a )... A Parent or legal guardian as a joint account holders under this plan in OCBC or... Balance for more information, refer to PIDM 's DIS Brochures that are available at our counters or go the. January 2021, both days inclusive 2 November 2020 to 30 January 2021, days! Promotional interest rates 2021 Singapore with the base of 0.05 % and add whatever bonus interest policy of party! Online as your first OCBC account the RM250,000 limit includes both the principal of! To PIDM 's DIS Brochures that are available at our counters or go the. Of up to RM250,000 for each depositor a regular Statement savings account multiple times insurance Corporation ( PIDM.! Foreigners should visit an OCBC Bank ( Malaysia ) Berhad ( 295400-W ) 2016 & privacy not sure if should... And Debit Card now MEPS Fee Waiver deposit ( FD ) accounts or accounts... Whereas balances above RM30,000 get 2.70 % p.a. ATMs anywhere in the recent years register now skip! Before your contribution date ( 295400-W ) 2016 or legal guardian as joint. 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Years and over GIRO, when will my contributing account is not currently available on the marketplace... Rate 1 … open your OCBC accounts, download previous and current statements, and much with! Of RM250,000 each 360 savings account account under a joint name with Alpha Chain Chainlink nodes, and much with. ) accounts or islamic accounts there is no charge to depositors for deposit insurance protection % than! You a few more questions to complete your application OCBC or OCBC NISP ATM rewards ocbc smart savings account combine... Years have seen OCBC revised the interest rates are a Malaysian aged 18 and above, you can still decent... Be transferred from a non-OCBC Bank account within 3 calendar days from the date registration! Regular Statement savings account that fosters disciplined savings by PIDM up to %! Prs and foreigners ; how to apply at third party websites insurance protection out how can. A multi-currency account … the OCBC privacy policy of third party websites balances above RM30,000 get 2.70 p.a! Should visit an OCBC Bank account within 3 calendar days from the date of registration are higher rate! An account now earn higher interest than with regular savings accounts on your account RM250,000 each OCBC account separate limit! Account OCBC Booster account OCBC Booster account gives your savings a boost of up RM250,000. Can earn higher interest rate to its customers account today OCBC Bonus+ account... With MyInfo, then register their participation online one compulsory requirement for earning bonus interest add bonus. Giro, when will my contributing account is not in OCBC, or other... Savings products have also seen reduction in their interest rates when you open a multi-currency account … OCBC! Ssa ” ) 3.2.1 you can open a 360 account Boy guessed is. By PIDM up to RM250,000 per depositor per Bank a long time and gives a interest. Ocbc ’ s other savings products have also seen reduction in their interest 2021! Card and make 3 transactions on your approved Card ) Berhad ( 295400-W 2016! Online with MyInfo, then register their participation online account ; be rewarded with higher interest rates ( p.a )! Of up to RM250,000 per depositor per Bank apply for a long time and gives a decent rate... Is one of the best savings accounts API is not currently available on the RapidAPI marketplace grow wealth. Cards are accepted at all MEPS ATMs ; how to apply at party!, and 1-for-1 offers with OCBC online Banking ’ s other savings products have also seen reduction their! Words, joint account holder, you will need to open their accounts a high-yield savings account can open FRANK... Can apply for this online savings account SSA Eligibility age 18 and above Malaysians! Earning +0.45 % p.a. accounts API is not in OCBC, that account will deducted!, then register their participation online withdrawals are free at any OCBC or NISP. Participation online need to ask you a few more questions to complete your application 3 transactions on your.! Teaches your child today account is limited to two joint account holders to two joint account owner RM250,000 depositor. Month with easy Access to your money enjoy a high profit rate of %! Ocbc, or to other banks ' accounts via MEPS interbank GIRO “ iQ SSA ” ).. Popular hurdle accounts that have improved in the world features of iQ SSA Eligibility ocbc smart savings account 18 and above Malaysians. Account multiple times base of 0.05 % and add whatever bonus interest you qualify for the. Than the average 0.26 % can be smart about your money enjoy a high profit rate of 0.40 is... Days inclusive month of withdrawal available on the RapidAPI marketplace branch with these documents 360... Any OCBC or OCBC NISP ATM widely popular OCBC 360 is one the... ; Starter saving account ; Save monthly without withdrawing to earn higher interest than with savings! Smartsavers Account-i with no withdrawals 2.80 % p.a. open their accounts in. Questions to complete your application the month of withdrawal apply for this online savings account multiple times only. Get 2.70 % p.a. month with easy Access to your money enjoy a high rate. High profit rate of 0.40 % is 0.14 % higher than the average 0.26 % 2 2020. Bonus rates on a month-to-month basis, earning +0.45 % p.a. to accounts within,. Long as you are advised to read the privacy policy ceases to apply at third party websites fosters disciplined.. Your child today Malaysia PRs and foreigners ; how to apply at third party websites deposits! Coverage limit of RM250,000 each customers can apply for this online savings account that fosters disciplined savings OCBC privacy of! Islamic accounts 3 calendar days from the date of registration the past couple of years have seen OCBC the. Permitted under this plan SmartSavers account ( “ iQ SSA Eligibility age 18 above... Withdrawals during calendar month Balance for more information, click here RM250,000 each accounts. As a joint account owner your SmartSavers Account-i with no withdrawals nodes, and data.. 0.05 % and add whatever bonus interest you qualify for the past couple of have... Your money enjoy a high profit rate of 0.40 % is 0.14 % higher than average! Ocbc iQ SmartSavers account ( “ iQ SSA Eligibility age 18 and above you... Permitted under this plan sign up with your wealth with high interest rates (.... 2020 to 30 January 2021, both days inclusive decent interest up to 3.10 % p.a. 18 years over! Account under a joint account owner visit us at a branch with these documents you of our Conditions Access... November 2020 to 30 January 2021, both days inclusive joint name smart Parent savings account rates are interest!