Mighty Savers®   Programme

saving made more enriching.

10 mighty prizes

to be won with min. deposit of S$300*

S$10 cash gift

when you sign up for OCBC Monthly Savings Account with your child

up to

0.8% p.a.

on your entire account balance


How to apply

We're celebrating our 10th Anniversary by giving your children enriching prizes they will love. With one prize to be won every month, for 10 months, it's the perfect time to start your child with OCBC Mighty Savers® Programme!

Win enriching prizes every month

  • Toys 'R' Us Shopping Spree

    Toys"R"Us Shopping Spree
    March, June, September

  • Kids' Room Makeover

    Kids' Bedroom Makeover
    April, July, October

  • Birthday Party Planning Package

    Birthday Planning
    Package
    May, August, November

  • S$10,000 Education Endowment Plan

    S$10,000 Education
    Endowment Fund
    December

How it works

Deposit a minimum of S$300* with the OCBC Mighty Savers® Programme.

  • To get one chance in the monthly draw.

  • Stand to win the final prize if you are not selected in the monthly draw.

  • Not an OCBC Mighty Saver?
    Sign up for OCBC Monthly Savings Account in March and get S$10 cash gift! Valid from 1 to 31 March 2017.

    Apply now



Click here to view the lucky draw dates

Earn higher interest

Base
Interest

 

0.05% p.a.

+
Bonus
Interest

 

0.35% p.a.

Deposit a minimum of S$50 monthly without any withdrawals

+
CDA Advantage
Bonus Interest

 

0.40% p.a.

OCBC Child Development Account holders enjoy additional bonus interest

=
Total
Interest

Up to

0.80% p.a.

Enrich your little one

Teaching your child the importance of saving goes a long way.
Spark a conversation about the value of money with him/her today.

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What you need to know


Eligibility
For children under 16 years old, a parent or legal guardian has to be a joint account holder
Initial Deposit
No initial deposit required
Minimum Balance
No minimum balance to maintain
Monthly Statements
e-Statement

2 ways to apply

At a branch

 

Please bring along:
1
Birth certificate

of child

2
NRIC

for Singaporeans
and Singapore PRs

or
EP/S-Pass

employment pass/S-pass
or student pass and
passport for foreigners

3
Additional documents



Include any one of the following documents:

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

Please also bring the letter of guardianship if you are not the child's parent

Find nearest branch to apply
Locate

By Mail

 


Complete the form and mail it to us with copies of your:
1
Birth certificate

of child

2
NRIC

for Singaporeans
and Singapore PRs

or
EP/S-Pass

employment pass/S-pass
or student pass and
passport for foreigners

3
Additional documents



Include any one of the following documents:

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

Please include the letter of guardianship if you are not the child's parent


Important notices


*Deposit must be made with fresh funds in one transaction into the qualifying account. 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.

Terms and Conditions Governing Mighty Savers® Chinese New Year Promotion

List of savings accounts under the OCBC Mighty Savers Programme: Young Savers Account and Monthly Savings Account. Free gifts are issued while stocks last. The deposits placed into the Young Savers Account or Monthly Savings 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.

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.

Terms and Conditions Governing PAL Promotion

OCBC Mighty Savers customers have to present their Young Savers Account passbook/Monthly Savings 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.

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