Give your savings a boost

Give your savings a boost

Earn interest of up to 3.30% a year for months when you save and make no withdrawals

Premier Dividend+ Savings Account

Premier Dividend+ Savings Account

Earn interest of 3.30% a year on your entire account balance.
Plus, enjoy an additional 0.20% a year from now till 31 May 2024.

How it works

How it works

Limited-time Promotion

Limited-time Promotion

From now till 31 May 2024, earn interest of up to 3.50% a year. Get additional 0.20% a year when you deposit at least S$10,000 (instead of S$3,000) and make no withdrawals in May. T&Cs apply.

To be eligible

To be eligible

• Exclusively for OCBC Premier Banking customers with an initial deposit of S$50,000 in fresh funds*

Questions you may have

How do I qualify for the various interest types?

You get 2 categories of interest on your account every month.

  • Base interest

    This interest is accrued daily based on your account's day-end balance and you will receive this at the end of the month.

  • Bonus interest

    You earn 2 types of bonus interest on your account's average daily balance and you will receive this on the 1st business day of the following month.

    • Earn a Monthly No Withdrawal bonus interest of 2.20% a year for months when you do not make any withdrawals.
    • Earn a Monthly No Withdrawal & Save bonus interest of 1.05% a year for months when you do not make any withdrawals and save S$3,000.

How can I deposit the minimum S$3,000 each month to be eligible for the Monthly No Withdrawal and Save bonus interest?

You can choose to deposit the money through any of your preferred methods. For example, you can set up a recurring monthly FAST contribution instruction. Do note that funds received on a non-business day via FAST or PayNow (for example, Sunday or public holidays) will be valued on the next business day. If your funds have a value date that falls in the next calendar month, you will not be eligible for the Monthly No Withdrawal and Save Bonus Interest for that particular month.

Is there an account balance limit for the bonus interest?

No there isn't. You will get the bonus interest on your entire account balance, if the required criteria is met.

What happens if I make a withdrawal in that month?

You will receive the base interest for months when you made a withdrawal.
For subsequent months, you can earn the bonus interest if you meet the bonus interest criteria.

For illustration purpose:

Calendar month Any withdrawal? Deposit amount Total interest rate (a year)
January No S$3,000 3.30%
February No S$0 2.25%
March Yes S$200 0.05%