Mighty Savers® Account

Teach your child
the importance of saving

Earn up to

0.80% per year

on your entire OCBC Mighty Savers® Account balance

Eligibility

For children under 16. A parent or legal guardian must be a joint account owner.

OCBC Mighty Savers® is a savings programme that teaches your child the importance of saving. To join the programme and enjoy higher interest, sign up for the OCBC Mighty Savers® Account with your child today.

Earn higher interest with OCBC Mighty Savers® Account

Base
Interest

 

0.05% per year

+
Bonus
Interest

 

0.35% per year

Deposit a minimum of S$50
and make no withdrawals within the month

+
CDA Advantage
Bonus Interest

 

0.40% per year

OCBC Child Development Account (CDA) holders enjoy additional bonus interest

=
Total
Interest

Up to

0.80% per year

Note: The CDA Advantage Bonus Interest is applicable for up to two accounts.

Save and be rewarded!

Back Pack

Free pixel art backpack with minimum deposit of S$1,500 in fresh funds. While stocks last.

Note: Pixel design is for illustration purposes only and is not on the actual product. Pixels are provided separately.

OCBC Mighty Savers® Programme privileges

Pray New

Priority queue for kids

Children can enjoy the Mighty Savers® Fast Track at any "Sunday at OCBC" branch.

Stay New

Stay updated on latest promotions

Never miss out on a promotion with our eNewsletter OCBC Family Times.

Before you apply

Eligibility

Age

Children below 16 years old. A parent or legal guardian is required to open a joint Mighty Savers® Account with the child.

Nationality

Singaporeans, Permanent Residents and Foreigners residing in Singapore


Fees

Initial Deposit

S$0

Minimum average daily balance for the month

S$0

Monthly statements

e-Statements

How to apply

Visit any OCBC branch to open your Mighty Savers® Account today

and visit us with these documents.

For Singaporeans and Permanent Resident:

Please bring along original copy of:

  • NRIC
  • Birth Certificate of Child
For Foreigners:

Please bring along original copy of:

  • Passport
  • Employment Pass (EP); or S-Pass or Student Pass
  • Passport of Child
  • Birth Certificate of Child
Initial Deposit:

S$0

Proof of address (any one of the original documents below):
  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement

NEW

Get a queue number before visiting the branch via Easy Q!

Important notes

Insurance policies are underwritten by The Great Eastern Life Assurance Company Limited, a wholly owned subsidiary of Great Eastern Holdings Limited and a member of the OCBC Group, and are not deposits or obligations of, or guaranteed by OCBC Bank. The information provided herein is intended for general circulation and/or discussion purposes only. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. Without prejudice to the generality of the foregoing, please seek advice from a financial adviser regarding the suitability of any investment product taking into account your specific investment objectives, financial situation or particular needs before you make a commitment to purchase the investment product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you. It is usually detrimental to replace an existing accident and health policy with a new one. A penalty may be imposed for early policy termination and the new policy may cost more or have less benefits at the same cost. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. This advertisement has not been reviewed by the Monetary Authority of Singapore.

1.

For Singaporeans and Permanent Resident

Please bring along original copy of:

  • NRIC
  • Birth Certificate of Child

For Foreigners

Please bring along original copy of:

  • Passport
  • Employment Pass (EP); or S-Pass or Student Pass
  • Birth Certificate of Child
2.

Initial Deposit:

S$0

3.

Proof of address (any one of the original documents below):

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement

NEW

Get a queue number before visiting the branch via Easy Q!

Share the gift of saving

For the past 10 years, we have partnered parents in teaching their children the value of saving at an early age. This value of saving then becomes a gift that they can carry into adulthood.

Start your children on their saving journey today with OCBC Mighty Savers®!

What you need to know


Initial Deposit
No initial deposit required
Minimum Balance
No minimum balance to maintain
Monthly Statements
e-Statement

Terms and Conditions Governing Mighty Savers® Chinese New Year Promotion

List of savings accounts under the OCBC Mighty Savers® Programme: Young Savers Account and Mighty Savers Account. Free gifts are issued while stocks last. The deposits placed into the Young Savers Account or Mighty Savers Account for the above promotion will be earmarked for a period of 3 months from the date of placement. Should any customers, after receipt of the gift, subsequently withdraw the deposits within the stipulated period from the date of placement, OCBC Bank shall be entitled to debit the value of the gift plus any goods or services tax, or such other amount as it deems fit from any OCBC Bank account of the customer. Limited to one gift per child.

Terms and Conditions Governing PAL Promotion

OCBC Mighty Savers® customers have to present their Young Savers Account passbook/Mighty Savers Account statement to VivaPal, the owner of the PAL membership, upon registration to enjoy the fee discount. Promotion is valid from 1 November 2015 to 31 May 2016.

Disclaimer

Please note that you will be leaving the OCBC Bank website to Great Eastern's website, a third party website. OCBC Bank has no control over this website and is not responsible for its contents.

Ok

Desktop App Store Google Play