Watch your savings increase up to 3.65% a year Find out more
| Amount in account | Interest rate |
| Entire account balance | 0.05% a year |
| Amount in account |
| Entire account balance |
Watch your savings grow faster by depositing a minimum of S$10,000 (or more in multiples of S$10,000, capped at S$1,000,000 per customer) and locking in these funds from June to August 2023 to earn interest that increases up to 3.65% a year.
There’s no penalty should you wish to withdraw your funds early, making this an easy and flexible way for you to earn more interest.
Note: You may only withdraw from this promotion via this e-form.
How to participate:
Via this e-form (Online banking login required).
Terms and conditions apply. Insured up to S$75K by SDIC.
Complete the above steps by 31 May 2023.
To withdraw from this promotion, simply submit your request via this e-form.
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Sign-up period: 9 - 31 May 2023 |
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June 2023 |
July 2023 |
August 2023 |
|
Interest rate applicable a year* |
3.00% |
3.20% |
3.65% |
|
Effective interest |
3.28% |
||
*The above interest rate is inclusive of base interest of 0.05% a year.
The maximum placement amount per customer is S$1 million in existing or fresh funds.
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Sign-up period: X - 30 June2023 |
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|
|
July 2023 |
August 2023 |
September 2023 |
|
Interest rate applicable a year* |
X.00% |
X.00% |
X.00% |
|
Effective interest |
3.28% |
||
*The above interest rate is inclusive of base interest of 0.05% a year.
The maximum placement amount per customer is S$1 million in existing or fresh funds.
Need to unlock your funds from a previous offer?
Submit your request via this e-form (Online Banking login required). Funds will be available in 3 business days.
Customer may only withdraw from this promotion via this e-form.
All figures in the above illustration are based on the illustrated interest rates for the promotion’s May 2023 offer period.
All figures in the above illustration are based on the illustrated interest rates for the promotion’s June 2023 offer period.
Need to unlock your funds from a previous offer? Submit your request via this e-form (Online banking login required). Funds will be available in 3 business days.
Here's what you need to do:
Download OCBC Digital and set up OCBC Digital with your ATM/credit/debit card details. View the step-by-step guide on how to apply for OCBC Digital access. Terms and conditions apply.
Make a new TD placement by following these simple steps:
If you don’t have OCBC Digital, you can refer to this step-by-step guide on how to apply for OCBC Digital access:
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
Fall below fee
S$2
Initial deposit
S$1,000
Minimum average daily balance for the month
S$1,000
Monthly statements
Paper or e-Statement
You will receive electronic versions of Letters for all your relationships/accounts.
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.
or visit us at a branch with these documents.
NRIC and an image of your signature
Passport
Employment Pass (EP); or S-Pass or Student Pass
S$1,000
Phone bill
Half-yearly CPF statement
Any bank statement
Open your account instantly when you apply with Myinfo via Singpass login.
If you do not have Singpass, you can apply online these documents
For Singaporeans and Permanent Residents:
NRIC and an image of your signature
Additional documents
Include any one of the following documents:
For OCBC customers
If you have a current or savings account with us, you can apply instantly via Internet Banking with only a few clicks.
