Mighty Savers® Account
Teach your child the importance of saving
OCBC Mighty Savers® is a savings programme that teaches your child the importance of saving. To enjoy the benefits, sign up with your child today.
To earn a bonus interest of 0.05% a year, just save as little as S$50 a month and do not make any withdrawals. OCBC Child Development Account (CDA) holders earn additional 0.20% a year.
Save with OCBC and get a Burpple Beyond Premium annual membership
Deposit fresh funds of at least S$10,000 in selected OCBC deposit accounts to get a complimentary 12-month Burpple Beyond Premium Annual Membership worth S$99.
Eligible deposit accounts: OCBC 360 Account, Mighty Savers® Account, Passbook Savings Account and Statement Savings Account. Promotion is valid from now till 31 May 2022.
Note that the fresh funds must be maintained for 6 months. Insured up to S$75k by SDIC. Terms and conditions apply.
Children below 16 years old and a parent or legal guardian can open a joint account
Singaporeans, Singapore PRs and foreigners residing in Singapore
Parent's NRIC and child's birth certificate for Singaporeans
Parent's NRIC, child's birth certificate and a valid permit (e.g. ICA Entry Permit (Form 5) or Re-entry Permit (Form 7)) if child is Singapore PR for Singapore PRs
Parent's passport, a valid pass (e.g. Employment Pass (EP), S-Pass, Student Pass, Dependent Pass (DP) or Long Term Visit Pass (LTVP)) and child's birth certificate and passport for foreigners
Include any one of the following documents that shows your residential address
- Phone bill
- Half-yearly CPF statement
- Any bank statement
Minimum average daily balance for the month
Terms and conditions
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.
Visit any OCBC branch to open Mighty Savers® Account today
For Singaporeans and Singapore PRs:
NRIC of Parent
Birth Certificate of Child
ICA Entry Permit (Form 5) or Re-entry Permit (Form 7) if child is PR
Passport of Parent
Employment Pass (EP), S-Pass, Student Pass, Dependent Pass (DP) or Long Term Visit Pass (LTVP)
Passport of Child
Birth Certificate of Child
Include any one of the following documents:
Half-yearly CPF statement
Any bank statement
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