Monthly Savings Account

Achieve your goals with
regular monthly savings

Initial deposit

S$
0


Minimum monthly savings

S$
50

Set a monthly contribution instruction
through GIRO or Online Banking.



Eligibility

Singaporeans, Singapore PRs and foreigners age 16 and above

Children below 16 years can open a joint account together with their parent/guardian who is 21 years and above

How to apply

  • Earn up to 0.40% p.a.
  • Start saving from as little as S$50 per month

Earn up to 0.80% p.a. when you save regularly for your child with the Monthly Savings Account! You can enjoy the additional 0.40% p.a. CDA Advantage Bonus Interest on up to two joint accounts with your child. T&Cs apply.

Exclusive MSA interest rate for OCBC CDA holder

Simply visit any OCBC Bank branch to open an account.


eStatements will be provided.


Online and Mobile Banking

Track your spending by category

Your spending is automatically sorted by category so you know exactly where your money is going with Money In$ights.

Online security guarantee

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

*Terms and conditions apply

More about Online Banking

Sunday at OCBC

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

A new banking experience awaits you at our 18 full-service 'Sunday at OCBC' branches.

Learn more about Sunday at OCBC

2 ways to apply

Via Online Banking

 For existing OCBC customers

Login to Online Banking


Don't have Online Banking yet? Apply now


At a branch

 

Please bring along:
1
NRIC

for Singaporeans and
Singapore PRs

OR

 
Passport +
Employment Pass/S-Pass

    Foreigners need to bring:

  • Passport

  • Employment Pass (EP) or S-Pass
    or Student Pass

2
Additional documents

Include any one of the following documents:

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

For a single account
Download application form


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

for Singaporeans
and Singapore PRs

or
EP/S-Pass

Employment pass/S-Pass or student pass and passport for foreigners

2
Additional documents

for non-OCBC deposit customers

Include any one of the following documents:

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

Applicants should be age 15 and above.

This mail service is only applicable to customers in Singapore.



Important Notices