OCBC SmartParent helps you manage your family's financial and lifestyle needs to give you more time to spend with your family!

This transactional family savings account comes with an OCBC Platinum MasterCard¹ and SmartChange².

What's more, you will be welcomed into the Mighty Savers™ family where you will be entitled to a suite of family-related privileges for you and your family.

Interest Rates

• Higher interest rate than a regular Statement Savings Account⁷

  Account Balance	Promotional Interest Rates (p.a.)
  First S$10,000	0.100%
  S$10,001 to S$50,000	0.100%
  S$50,001 to S$250,000	0.150%
  Above S$250,000	0.150%

• Only for SmartParent Account holders, exclusive preferential interest rate on S$ Time Deposits and Monthly Savings Account

  Monthly Savings Account

• Please open the S$ Time Deposit or Monthly Savings Account at any OCBC Branch to enjoy the preferential interest rates

Note: Interest rates are subject to change without prior notice.

Benefits

Gifts upon Sign-up

• Receive an exclusive Smart Parenting Guide³ today when you sign up for an account at any branch, whilst stock last
• Enjoy promotional interest rates on SmartParent account, S$ Time Deposits and Monthly Savings Account
• Receive Cash Reward³ of up to 10% of your annual premium OR free gifts when you sign up for protection plans for yourself
• Receive Cash Reward³ of up to S$400 when you sign up for education plans for your child
• Special sales charge at only 0.5% when you invest in OCBC Monthly Investment Plan (MIP)
• Family-related privileges with payment by OCBC Platinum MasterCard
• 3-year fee waiver for OCBC Platinum MasterCard
• Enrol with OCBC SmartChange² to save as you spend on your OCBC credit card. SmartChange rounds up your spending to the next dollar4 and matches your spare change dollar-for-dollar⁵ when you use your card. Plus, you'll enjoy greater savings with 0.4% rebate⁶ on your credit card purchases
• Receive financial parenting tips from Daddy Sam and Mummy Sandra as a member of the Mighty Savers™ Family

Requirements

• Applicant must be at least 21 years old
• Minimum annual income of S$30,000 for application of OCBC Platinum MasterCard and minimum age for credit card is 21 years old
• Minimum initial deposit of S$1,000 into the SmartParent Account (fresh funds only)
• Available as a single or joint account

Apply Now

• Visit any OCBC Bank branch today with your identity card and the minimum initial deposit to open the account. For non-Singaporeans, please bring your passport and employment pass/work permit.
• Apply Online through OCBC Internet Banking
• Mail the application form to us (see below for documents required)

  Documents for Mail-in Application

  • For Singaporean & PR: Copy of NRIC (front & back).
  • For foreigners, copy of passport and employment pass/work permit.
  • If you do not have an existing OCBC deposit account, please submit any one of the following documents latest original document reflecting the same name and address indicated in the application form:
    1. Telephone bill generated by SingTel, M1 or Starhub; OR
    2. Any bank statement (savings, current, credit card or personal credit statement).
    3. For foreigners, please include copy of passport and Work Permit or Employment Pass

Fees

• Service fee of S$2 if monthly average balance falls below S$1000

Deposit Insurance Scheme

Related Links

Notes

• ¹ Terms and conditions apply, visit www.ocbc.com/Platinum for full details. Customer will need to meet eligibility criteria. The annual fee for the OCBC Platinum MasterCard is S$150 p.a. (waived for first 3 years) and the effective interest rate is 24% p.a.
• ² All Supplementary Cards will be included for SmartChange. SmartChange extends to Card Transactions incurred by Supplementary Card members and cannot be excluded from SmartChange.
• ³ Terms and conditions apply.
• ⁴ Except Cash Advances, Balance Transfers, Cashwise transactions, any fees, interest and late payment charges.
• ⁵ 100% matching is applicable to the first 3 months, subject to maximum of S$188 only. From the 4th month onwards, we will continue to match your spare change at 4.88%. Spending Rebate will replace the earning of OCBC$. Terms and conditions apply for OCBC SmartChange, visit www.ocbc.com/SmartChange for full details.
• ⁶ Spending Rebate will replace the earning of OCBC$. Terms and conditions apply for OCBC SmartChange, visit www.ocbc.ocm/SmartChange for full details.
• ⁷ Compared to interest rate as at 1 October 2010 for regular statement savings accounts starting at 0.10% p.a. Terms and conditions apply. Interest rates are subject to change without prior notice.