Deposit a minimum of S$80,000 in fresh funds into eligible savings accounts* and maintain the funds with us for 88 days without making any withdrawal to enjoy this bonus interest rate. Bonus interest is accorded on the fresh funds deposited for a period of 88 days.
Passbook Savings Account
Your savings account that comes with a passbook
Earn 2.08% a year when you deposit and maintain a minimum of S$80,000 fresh funds. Find out more
The OCBC Passbook Savings Account comes with a passbook to help you track your account balance and transactions.
Rates
Earn interest on your savings:
| Amount in account | Interest rate |
| Entire account balance | 0.05% a year |
| Amount in account |
| Entire account balance |
Exclusive promotion
Upsize your savings with a higher interest of 2.08% a year
T&Cs apply. Insured up to S$100k by SDIC.
Explanation:
- Fresh funds deposited between 1 August and 15 August 2025 will remain earmarked for 88 days starting from the deposit date. Your funds will be earmarked on 1 September 2025.
- Fresh funds deposited between 16 August and 31 August 2025 will remain earmarked for 88 days starting from the deposit date. Your funds will be earmarked on 15 September 2025.
How to participate:
Register for this promotion
Via this e-form (Online banking login required).
Terms and conditions apply. Insured up to S$100k by
SDIC.
Complete the above steps by 31 August 2025.
How it works:
What you will earn:
Bonus interest will be credited by 31 December 2025.
This is an illustration of the amount of bonus interest (2.03% a year) you can earn:
*Paid by 31 December 2025.
Note: Calculation of bonus interest is based on the assumption that funds are
earmarked for 88 days.
Before you apply
Eligibility requirements
Minimum age
16 years old
Documents required
NRIC and an image of your signature for Singaporeans and Singapore PRs
Passport and a valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass) for foreigners
Additional document
Include any one of the following documents that shows your residential address
- Phone bill
- Half-yearly CPF statement
- Any bank statement
Fees
Fall below fee
S$2
Replacement fee for a lost passbook
S$15
Deposit requirements
Initial deposit
S$1,000
(For Basic Banking Account, the initial deposit is S$1)
Minimum average daily balance for the month
S$1,000
(For Basic Banking Account, the average daily balance for the month is S$500)
Letters
You will receive electronic versions of Letters for all your relationships/accounts.
How to apply
Open OCBC Passbook Savings Account today
and visit us with these documents.
1
For Singaporeans and Permanent Residents:
NRIC and an image of your signature
For foreigners:
Passport
Employment Pass (EP); or S-Pass or Student Pass
2
Initial deposit:
S$1,000
3
Include any one of the following documents:
Phone bill
Half-yearly CPF statement
Any bank statement
Foreign Currency Deposits
Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Any pre-termination costs will be deducted from your deposit.
Promotional interest rate
| Currency | Tenure (months) |
Apply via |
| Singapore Dollar (SGD) | 12 | Internet Banking Mobile Banking |
Details
“Fresh Funds” refers to:
- Funds in the form of non-OCBC cheques/ cashier’s orders/ demand drafts, funds that are not transferred from any existing OCBC accounts;
- Funds that are not withdrawn within 30 days before or during the Promotion Period and re-deposited (whether in part or in full amounts withdrawn) into the Eligible Account during the Promotion Period for purposes of qualifying for the Promotion;
- Funds must be incremental to the Eligible Customer’s overall deposit balances for 30 days from the date of Eligible Transaction.
Eligible accounts:
- OCBC Passbook Savings Account
- OCBC Statement Savings Account
- SmartParent Account
- SmartSavings Account
- MoneyMax Account
- EasiSave Account
- Premier Statement Savings Account
- Premier Easisave Account