Bonus+ Savings Account

Give your savings a limitless bonus

Earn up to
1.45% per year
for months when you save and make no withdrawals.

Eligibility

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

Give your savings a limitless bonus

Earn up to
1.45% 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 1.45% per year on your entire account balance when you don’t withdraw and deposit a minimum of S$500 monthly.
  • Continue earning 1.05% 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$5,000 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*Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts.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

Open your first OCBC Bonus+ Savings Account and get $20 cash reward.
Promotion is valid for Singaporeans and PR who open an OCBC account from 25 March - 30 June 2019.
Limited to the first 1,000 customers per month.
Apply online instantly

Apply online with MyInfo

(For Singaporeans and Singapore PRs only)

Account is opened immediately with MyInfo

Branch icon

At any branch

Visit any branch near you. Account is opened immediately.

What to bring

  1. For Singaporeans and Permanent Residents:
    • NRIC

    For Foreigners:

    • Passport
    • Employment Pass (EP); or S-Pass
  2. S$5,000 in fresh funds*
  3. Additional documents
    Include any one of the following documents:
    • 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$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.