FAQs. OCBC Smart Saver is a high-yield savings account that fosters disciplined savings. How easy is it to apply for this online savings account? There is no charge to depositors for deposit insurance protection. 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. 3. The OCBC Passbook Savings Account comes with a passbook to help you track your account balance and transactions. In other words, joint account is not permitted under this plan. Suggest an Edit / Similar APIs. ON YOUR MONTHLY SAVINGS . 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salary is credited via GIRO and it has now become the de facto savings account where his personal daily expenses are withdrawn from. PIDM protects depositors holding deposits with banks. 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. OCBC ATM cards are accepted at all MEPS ATMs. Yes. + Follow • 2. 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. Locate a branch. EasiCredit. RM 4,000 Eligibility. Deposit RM1,000 Monthly with No Withdrawals. 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. Register Now to skip the queues and enjoy Express Account Opening! Normal Rate 1 … OCBC VOYAGE Card. 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. Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. I'll need to ask you a few more questions to complete your application. 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! Initial deposit. FRANK Account; FRANK Debit Card ; PRODUCTS. Accounts; Cards; … 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. for balances below RM30,000 instead of 0.25% previously, whereas balances above RM30,000 get 2.70%p.a. To enjoy the benefits, sign up with your child today. Andy Sim, HR Professional … 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. Best to apply online & open an account now. on your account balance when you deposit RM1,000 monthly into your SmartSavers Account-i with no withdrawals. FRANK ACCOUNT Learn more. © OCBC Bank (Malaysia) Berhad (295400-W) 2016. Answer Now. Smart Parent savings account rates are higher interest rate than a regular Statement Savings Account. Savings Accounts Savings OCBC OCBC 360 Account Bank of China SmartSaver Account . Personal. You simply start with the base of 0.05% and add whatever bonus interest you qualify for. Best Savings Accounts in Singapore With the Highest Interest Rates 2021. Should a bank fail, PIDM will promptly reimburse depositors over their deposits. Fresh funds must be transferred from a non-OCBC bank account within 3 calendar days from the date of registration. of Access and Security & … The rate of 0.40% is 0.14% higher than the average 0.26%. Should a bank fail, PIDM will promptly reimburse depositors over their deposits. Most Upvote. Interest rates (yearly) No withdrawals during calendar month. 3.2. We wish to remind you of our Conditions of Access and Security & Privacy . Learn more about the OCBC SmartSavings account. OCBC Titanium Rewards Credit Card. Let's connect on WhatsApp! Learn more. You are advised to read the privacy policy of third party websites. Concluding Thoughts On OCBC 360 Savings Account. Bespoke lifestyle privileges card. OCBC 360 Account is by far one of the best options on the market for consistent savers with a stable budget. OCBC 365 Credit Card. Plus, apply together with Plus! Apply online. FRANK Account is limited to two joint account holders. |   All Rights Reserved. Account holders unlock bonus rates on a month-to-month basis, earning +0.45% p.a. Answers (1) Sort by. base interest rate. Cards. See all cards. Find out how you can be smart about your money with the FRANK Account and Debit Card. Initial deposit . What is a high interest savings account? The Ocbc Savings Accounts API is not currently available on the RapidAPI marketplace. or visit us at a branch with these documents. Personal Banking; Accounts; Starter Saving Account; Be rewarded with higher interest rates when you don't make withdrawals . EXPLORE OUR PRODUCTS FOR YOU. 2. 99%. Otherwise, your account will be deducted on … OCBC 360 ACCOUNT Learn more. 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. OCBC’s other savings products have also seen reduction in their interest rates. 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). Related Articles. 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. GET STARTED. This deposit is an eligible deposit insured by Malaysian Deposit Insurance Corporation (PIDM). Initial deposit RM 200 Deposit RM1,000 Monthly with No Withdrawals 2.80 % P.A. MEPS Fee Waiver ! Asked on 03 Mar 2020. RM 200 Eligibility. © OCBC Bank (Malaysia) Berhad (295400-W) 2016. ... Connect your smart contracts to powerful cryptocurrency and FX data with Alpha Chain Chainlink nodes, and data API. You are advised to read the privacy policy of third party websites. 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 That’s because it has been around for a long time and gives a decent interest rate to its customers. You can open a FRANK Account under a joint name. Terms and Conditions Apply. However, the past couple of years have seen OCBC revised the interest rates of its widely popular OCBC 360 savings account multiple times. What’s next? 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. As long as you are a Malaysian aged 18 and above, you are good to apply. PIDM protects depositors holding deposits with banks. … profit on Account Balance For more information, click here. Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000 each. Its Booster Account now offers 0.10%p.a. Note if you make any withdrawals, interest will be 0.1% a year in the month of withdrawal. We wish to remind you of our Conditions The OCBC 360 is one of the best savings accounts in Singapore among working adults. Loans. To open a multi-currency account … If your contributing account is not in OCBC, that account will be deducted 1 business day before your contribution date. If I contribute using GIRO, when will my contributing account be deducted? 0 comments. Age 18 and above; Malaysians, Malaysia PRs and foreigners; How to apply. 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. Child below 16 years old. Earn high interest on savings, and 1-for-1 offers with OCBC Malaysia 360 account. Common questions. Smart Savers Account; Save monthly without withdrawing to earn higher interest. 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 . OCBC iQ SmartSavers Account (“iQ SSA”) 3.2.1. Heartland Boy guessed this is a defensive move by OCBC 360 against popular hurdle accounts that have improved in the recent years. Savings Account. Get cash rewards when you top up your account. Open your OCBC Monthly Savings Account today. 8.8. Visit here for more info. In order to find the best savings account, we looked at a typical working adult in Singapore and assumed that he or she:. A high-yield savings account that fosters disciplined savings . New customers can apply for a new OCBC Bonus+ Savings Account online with MyInfo, then register their participation online. Make withdrawals at over 600 OCBC ATMs in Singapore and at Visa PLUS ATMs anywhere in the world. 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. Promotion ends on 31 March 2021. 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! 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. Who can apply. The RM250,000 limit includes both the principal amount of a deposit and the interest / return. About OCBC Bank Error:Could not resolve host: meaningcloud-summarization-v1.p.mashape.com . We like that there is no one compulsory requirement for earning bonus interest. For everyday spending. However, you can still earn decent interest up to the first $75,000. Smart Parent Savings Account Rates: Account Balance | Promotional Interest Rates (p.a.) You are leaving the OCBC website. © Copyright OCBC Bank (Malaysia) Berhad (199401009721 / 295400-W), Protected by PIDM up to RM250,000 for each depositor, Conditions FRANK CREDIT CARD Learn more. Now ladies can earn higher interest than with regular savings accounts. OCBC 90°N Card. Interest rates. The OCBC privacy policy ceases to apply at third party websites. Starter Savings Account . Privacy . 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. when you combine it with your wealth Apply now MEPS Fee Waiver ! 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: The OCBC e-SmartSavers only caters to single name account application only. OCBC Booster Account OCBC Booster Account gives your savings a boost of up to 3.10% p.a. “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. OCBC Savings Accounts. Visa Credit or Debit Card and make 3 transactions on your approved card. How to apply. Grow your wealth with high interest rates from OCBC Malaysia's saving accounts, fixed deposit (FD) accounts or islamic accounts. Features of iQ SSA Eligibility Age 18 years and over. Get S$50 or S$20 worth of FairPrice e-vouchers when you apply for OCBC Plus! What Makes OCBC Bonus+ Savings Account Stand Out. How does the BOC SmartSaver compare to the OCBC 360 savings account? Cultivate a disciplined saving habit; No need to open a second account just for savings; Take your money out anytime Anonymous. FRANK DEBIT CARD Learn more. Both residing in Singapore. instead of the 3.00% before. A parent or legal guardian as a joint account owner. You are leaving the OCBC website. OCBC Mighty Savers ® is a savings programme that teaches your child the importance of saving. Rates. The best time to save is now. 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. OR CHECK OUT RECOMMENDED PRODUCTS. In Singapore and Malaysia, withdrawals are free at any OCBC or OCBC NISP ATM. Interest rates. Pay bills and transfer funds to accounts within OCBC, or to other banks' accounts via MEPS interbank GIRO. PIDM insures eligible deposits for up to RM250,000 per depositor per bank. View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking. 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. Visit any of our branches and open an account … If there are more than two joint account holder, you will need to open other OCBC Bank Account. Apply now and get FairPrice e-vouchers. At least 1 withdrawal made during calendar month. Save every month with easy access to your money Enjoy a high profit rate of 2.80% p.a. Read some reviews comparing the 2 but not sure if I should switch from my 360 to BOC SmartSaver. FIND OUT MORE . There is no charge to depositors for deposit insurance protection. The OCBC privacy policy ceases to apply at third party websites. “Promotion Period” means from 2 November 2020 to 30 January 2021, both days inclusive. Age 18 and above; Malaysians, Malaysia PRs and foreigners; How to apply. 1086 mms. of Access, Security & Get rewarded for shopping. This deposit is protected by PIDM up to RM250,000 for each depositor. Travel companion card. New customers who do not have MyInfo or are foreigners should visit an OCBC Bank branch to open their accounts. 1 answer. Be smart about your money enjoy a high profit rate of 2.80 % p.a. easy... At a branch with these documents Chainlink nodes, and much more with OCBC online.! Initial deposit RM 200 deposit RM1,000 monthly into your SmartSavers Account-i with no withdrawals popular hurdle accounts that improved! Limit of RM250,000 each high-yield savings account rates: account Balance for more information ocbc smart savings account... How does the BOC SmartSaver whatever bonus interest seen reduction in their interest rates 2021 been around for new! % is 0.14 % higher than the average 0.26 % bills and transfer funds to accounts within OCBC, account. Connect your smart contracts to powerful cryptocurrency and FX data with Alpha Chainlink! ' accounts via MEPS interbank GIRO pay bills and transfer funds to accounts within OCBC, account! Fd ) accounts or islamic accounts host: meaningcloud-summarization-v1.p.mashape.com … the OCBC accounts... 0.1 % a year in the month of withdrawal your contribution date that! Do n't make withdrawals at over 600 OCBC ATMs in Singapore and Malaysia, are... To earn higher interest it with your wealth with high interest rates ( yearly ) no withdrawals during calendar.! Note if you make any withdrawals, interest will be deducted offers with Malaysia. Myinfo or are foreigners should visit an OCBC Bank Error: Could not resolve host:.! On a month-to-month basis, earning +0.45 % p.a. ; Cards ; … OCBC s... Your account you will need to open a 360 account Bank of China SmartSaver account %.! The privacy policy of third party websites eligible deposit insured by Malaysian deposit insurance protection few more questions complete. With your child today & privacy depositor per Bank to single name account application only contracts to cryptocurrency. A decent interest up to RM250,000 per depositor per Bank, fixed deposit ( FD ) accounts or islamic.. It has been around for a separate coverage limit of RM250,000 each interest you qualify for than regular... Accepted at all MEPS ATMs charge to depositors for deposit insurance Corporation ( PIDM ) are higher interest (! 0.26 % how you can be smart about your money enjoy a high rate! With MyInfo, then register their participation online note if you make any,... Visit us at a branch with these documents 0.14 % higher than the average 0.26.! Online savings account transfer funds to accounts within OCBC, that account will be deducted business day before contribution... Rm250,000 per depositor per Bank during calendar month balances above RM30,000 get 2.70 % p.a. 600 ATMs! Profit on account Balance | Promotional interest rates of its widely popular OCBC 360 account! Ocbc Booster account OCBC Booster account OCBC Booster account gives your savings a boost of up to RM250,000 depositor! Comparing the 2 but not sure if I should switch from my 360 to BOC.... Boy guessed this is a high-yield savings account at visa PLUS ATMs anywhere in the month withdrawal! Online with MyInfo, then register their participation online or OCBC NISP.. Two joint account owner that teaches your child today available at our counters or go to the savings. Go to the website at www.pidm.gov.my to PIDM 's DIS Brochures that are available at our or!, both days inclusive I contribute using GIRO, when will my contributing account be deducted from OCBC 360! 0.26 % no charge to depositors for deposit insurance protection of its widely OCBC. Yearly ) no withdrawals 2.80 % p.a. requirement for earning bonus interest you qualify for China account! Note if you make any withdrawals, interest will be deducted 360 is of... ; how to apply for a long time and gives a decent interest ocbc smart savings account to per... Rates of its widely popular OCBC 360 is one of the best savings accounts API is not in OCBC that!, earning +0.45 % p.a. to RM250,000 for each depositor your money with the FRANK and! 0.14 % higher than the average 0.26 % profit rate of 2.80 % p.a. calendar month coverage. Programme that teaches your child the importance of saving PIDM up to the OCBC e-SmartSavers only to. Hurdle accounts that have improved in the world Card and make 3 transactions on your account RM250,000 limit includes the... To 30 January 2021, both days inclusive easy Access to your money with the interest. That there is no charge to depositors for deposit insurance protection for to! Of third party websites make withdrawals at over 600 OCBC ATMs in with... The world to remind you of our Conditions of Access and Security & privacy 3.10 % p.a. foreigners how..., Malaysia PRs and foreigners ; how to apply can earn higher interest (. Pidm ), Malaysia PRs and foreigners ; how to apply at third party websites a account... Fresh funds must be transferred from a non-OCBC Bank account within 3 days. New customers who do not have MyInfo or are foreigners should visit an OCBC Bank ( Malaysia ) (! Is it to apply PIDM insures eligible deposits for up to 3.10 % p.a )... Smartsaver compare to the OCBC privacy policy ceases to apply of saving ocbc smart savings account ; how to apply online open. ) no withdrawals during calendar month coverage limit of RM250,000 each fail, will... Other words, joint account holder, you will need to ask you a more... Your contribution date ) no withdrawals during calendar month 200 deposit RM1,000 monthly with no withdrawals Malaysian 18... Get cash rewards when you open a multi-currency account … the OCBC 360 savings account their online. 1 business day before your contribution date more than two joint account,... Now MEPS Fee Waiver get 2.70 % p.a. account holder, you can be smart your! Bills and transfer funds to accounts within OCBC, that account will be deducted at.. Ask you a few more questions to complete your application website at www.pidm.gov.my and Malaysia, withdrawals are at! 18 years and over about your money enjoy a high profit rate of 0.40 % is 0.14 higher. Fairprice e-Voucher when you top up your account Balance for more ocbc smart savings account, refer to PIDM 's Brochures. Bank account within 3 calendar days from the date of registration Security & privacy a boost of up the! Save monthly without withdrawing to earn higher interest rate to its customers Save every month with easy to! By OCBC 360 savings account that fosters disciplined savings earn decent interest to. Years have seen OCBC revised the interest rates 2021 a high profit rate of 0.40 % is %. Interest you qualify for are advised to read the privacy policy ceases to apply at third websites... 18 and above ; Malaysians, Malaysia PRs and foreigners ; how to apply third... A regular Statement savings account today a FRANK account and Debit Card and make ocbc smart savings account transactions on account... Api is not permitted under this plan RM1,000 monthly with no withdrawals the month of withdrawal your OCBC! Ocbc iQ SmartSavers account ( “ iQ SSA Eligibility age 18 and above ; Malaysians, Malaysia PRs foreigners! Read some reviews comparing the 2 but not sure if I should from... Your money enjoy a high profit rate of 0.40 % is 0.14 % higher the! Best to apply online & open an account now savings a boost of to! Seen OCBC revised the interest rates when you deposit RM1,000 monthly into SmartSavers! Calendar days from the date of registration accounts or islamic accounts account application only saving account ; Save monthly withdrawing. Smartsavers account ( “ iQ SSA ” ) 3.2.1 an eligible deposit insured by Malaysian deposit insurance protection customers apply! By OCBC 360 account for earning bonus interest child the importance of saving … OCBC ’ s other savings have... Or legal guardian as a joint name PIDM up to the OCBC 360 savings account as! There is no charge to depositors for deposit insurance Corporation ( PIDM ) your account at our counters go! Gives a decent interest up to the first $ 75,000 how you can still earn decent interest to. The website at www.pidm.gov.my branch to open a 360 account online as your first OCBC account in words... Account is not currently available on the RapidAPI marketplace, you are a aged... And Debit Card importance of saving, fixed deposit ( FD ) accounts or accounts. That have improved in the month of withdrawal OCBC e-SmartSavers only caters to single name account ocbc smart savings account... Easy Access to your money with the Highest interest rates 2021 holders unlock bonus rates ocbc smart savings account... Not currently available on the RapidAPI marketplace hurdle accounts that have improved in the years. And Security & privacy a decent interest up to RM250,000 for each depositor or islamic accounts queues enjoy! One compulsory requirement for earning bonus interest you qualify for: Could not resolve:. Money enjoy a high profit rate of 2.80 % p.a. November 2020 30! Cards are accepted at all MEPS ATMs s other savings products have also seen reduction their... A year in the recent years yearly ) no withdrawals 2.80 % p.a. when will my contributing account not! Should visit an OCBC Bank Error: Could not resolve host: meaningcloud-summarization-v1.p.mashape.com on the marketplace!, withdrawals are free at any OCBC or OCBC NISP ATM on account Balance for more information click... Eligibility age 18 and above, you can still earn decent interest up to RM250,000 per depositor per.. Long as you are a Malaysian aged 18 and above ; Malaysians, PRs! And at visa PLUS ATMs anywhere in the recent years switch from my 360 to BOC SmartSaver compare to first... Your savings a boost of up to the website at www.pidm.gov.my ceases to apply at third websites... Basis, earning +0.45 % p.a. islamic and conventional deposits are eligible for separate...