Basic Savings Account

A basic savings account that comes with a passbook

Initial deposit


Minimum average daily balance


         for the month

S$2 fall below fee applies


Singaporeans and Singapore PRs age 16 and above.

How to apply

Amount in account:

First S$350,000

S$350,001 to S$1,000,000

Above S$1,000,000

Basic Savings

0.05% a year

0.08% a year

0.10% a year

Online and mobile banking

Track your money

View your account balance online or on-the-go with free apps for iPad, iPhone and Android phones.

Easy payments and transfers

Pay any bank's credit card bills online, transfer money locally and to overseas accounts.

Online security guarantee

We guarantee a full refund of any money lost due to online banking fraud.

Access cash at over 2,000 withdrawal locations islandwide

Convenient locations

All OCBC and UOB ATMs, participating 7-Eleven stores and NETS merchants.

Find nearest ATMs

Sunday at OCBC

Open every day at 18 branches from 11am to 7pm

A new banking experience awaits you at our 17 full-service 'Sunday at OCBC' branches.

Learn more about Sunday at OCBC


Apply at any of our branches

Please bring along:

for Singaporeans and
Singapore PRs


for initial deposit

Additional documents

Include any one of the following documents:

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement
Find nearest branch to apply

Important notices
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.