Higher-Interest Deposit Account (Bonus+)
Watch your savings grow faster
with higher interest rates
Initial deposit
Minimum monthly balance
Interest rates
You can earn higher interest if you do not make any withdrawals monthly or quarterly.
No withdrawals this month?
0.45 % a year
No withdrawals this quarter?
1.18 % a year
Important Notice:
All funds in the Bonus+ Savings Account enjoy a monthly base interest of 0.20% p.a. If no withdrawals are made, the monthly interest rate will be 0.45% p.a. for 2 months and 1.18% p.a. for the third month. The effective interest rate for Bonus + Savings Account is 0.69% p.a.
How it works
Monthly bonus
If you wtihdraw money within the month, you will only receive 0.2% interest a year.
If you do not withdraw money within the month, you will receive
0.45% interest a year.
Quarterly bonus
If you withdraw money at any time within any of the calendar quarters, you will not get the interest for that quarter.
- January, February & March
- April, May & June
- July, August & September
- October, November & December
If you do not withdraw money within a 3-month period, you will receive 1.18% interest (a year) in the third month.
Access, track & manage your money easily
Online and Mobile Banking
Track your spending by category
Your spending is automatically sorted by category so you know exactly where your money is going with Money In$ights.
Easy payments and transfers
Pay any bank’s credit card bills online, transfer money locally and to overseas accounts.
Online security guarantee
Guaranteed a full refund of any money lost due to fraud via online banking.
Access over 1,200 ATMs island-wide including UOB's ATM network
Convenient locations
At MRT stations, NTUC FairPrice outlets, Caltex stations and all major shopping malls.
Make NETS purchases
Make purchases with your ATM card where NETS is accepted.
Sunday at OCBC
Open every day at 20 branches from 11am to 7pm
A new banking experience awaits you at our 20 full-service ‘Sunday at OCBC’ branches.
3 ways to apply
Get us to call you
At a branch
Please bring along:
for Singaporeans
and Singapore PRs
employment pass/work permit
or student pass and passport
for foreigners
By Mail
For a single account
Download application form
or
For a joint account
Download application form
Mail in the completed application form with copies of:
for Singaporeans
and Singapore PRs
employment pass/S-pass or student pass and
passport for foreigners
Terms and conditions
- Bonus+
- Governing Deposit Accounts
- Deposit Insurance Scheme
- Insured Deposits Register
- Automatic Standing Instruction
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
