Bonus+ Savings Account

Give your savings a limitless bonus

Earn up to
1% per year
for months when you save and make no withdrawals.

Eligibility

Singaporeans, Permanent Residents, or Foreigners residing in Singapore aged 16 and above

Give your savings a limitless bonus

Earn up to
1% per year
for months when you save and make no withdrawals.

Eligibility

Singaporeans, Permanent Residents, or Foreigners residing in Singapore aged 16 and above

Maximise your savings with an account that earns higher interest on your entire account balance.

  • Earn 1% per year on your entire account balance when you don’t withdraw and deposit a minimum of S$500 monthly.
  • Continue earning 0.8% per year if you simply don’t withdraw.
  • For months when you need to access your money, you will receive the base interest of 0.05% per year.

Chart 1

What you need to know

Minimum age

16 years old

Nationality Singaporeans, Permanent Residents and Foreigners residing in Singapore
Initial deposit S$10,000 in fresh funds*
Minimum average daily balance for the month S$3,000
Fall below fee S$2
Monthly statements e-Statement

*Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts.



Questions you may have



Apply now

Branch icon

At any branch

What to bring

  1. For Singaporeans and Permanent Residents:
    • NRIC

    For Foreigners:

    • Passport
    • Employment Pass (EP); or S-Pass or Student Pass
  2. Initial Deposit:

    S$10,000

  3. Proof of address (any one document below):
    • Phone bill
    • Half-yearly CPF statement
    • Any bank statement

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

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

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.