Deposit accounts for all your banking needs
Revisions to deposit account rates
With effect from 1 October 2020, we will be revising our interest rates that we pay you for selected deposit accounts.
Read moreWaiver of Account Service Fees and Giro return charges
If your income is impacted by COVID-19, you can apply online to waive GIRO return fees or Account Service Fees due to insufficient balances.
Read moreOnline submission for Time Deposit requests
Due to the Covid-19 outbreak, we will accept your online requests to place, withdraw or amend your Time Deposit instructions without having you visit our branches.
Submit your request
Day-To-Day Banking
Earn up to 2.15% interest a year and more when you credit your salary, save, insure or invest with us.
An account for youths between 16 to 26. No initial deposit or minimum balance required.
Savings
Earn up to 0.7% a year when you save and do not make any withdrawals.
Save monthly and earn higher interest.
Foreign Currency
A USD account with chequing facilities.
An account that allows you to save in 8 major currencies (AUD, CAD, CNH, EUR, GBP, HKD, NZD and USD).
Children’s Account
Child Development Account (CDA)
A savings account for your newborn. The government will match dollar for dollar, the amount you save, up to a certain limit.
Teach your child the importance of saving and earn up to 0.20% interest a year.
Time Deposit
Secure higher returns with fixed tenures of up to 36 months for Singapore dollars and 10 major foreign currencies.
Other Accounts
A savings account that comes with a passbook.
An account that comes with monthly statements.
An account that comes with a chequebook.
Make the 360 Account your first OCBC account
Till 31 October 2020, get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account and credit your salary. Insured up to S$75,000 by SDIC.
Important notices
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.
Foreign Currency DepositsForeign 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.
Terms and conditions
Why you will love this
- Earn effective interest rate of up to 3.45% a year and more on your first S$70,000
- Earn more interest when you save, spend, insure or invest
Who can apply
- Anyone above 18 years old
- Singaporean, Singapore PR or foreigner with a valid pass