Should a bank fail, PIDM will promptly reimburse depositors over their deposits. ... Connect your smart contracts to powerful cryptocurrency and FX data with Alpha Chain Chainlink nodes, and data API. The Ocbc Savings Accounts API is not currently available on the RapidAPI marketplace. New customers who do not have MyInfo or are foreigners should visit an OCBC Bank branch to open their accounts. Related Articles. Initial deposit. Fresh funds must be transferred from a non-OCBC bank account within 3 calendar days from the date of registration. Both residing in Singapore. Loans. At least 1 withdrawal made during calendar month. Should a bank fail, PIDM will promptly reimburse depositors over their deposits. You can open a FRANK Account under a joint name. Asked on 03 Mar 2020. A high-yield savings account that fosters disciplined savings . OCBC Mighty Savers ® is a savings programme that teaches your child the importance of saving. Register Now to skip the queues and enjoy Express Account Opening! + Follow • 2. Account holders unlock bonus rates on a month-to-month basis, earning +0.45% p.a. Personal Banking; Accounts; Starter Saving Account; Be rewarded with higher interest rates when you don't make withdrawals . Yes. Travel companion card. In other words, joint account is not permitted under this plan. PIDM protects depositors holding deposits with banks. Locate a branch. Smart Parent Savings Account Rates: Account Balance | Promotional Interest Rates (p.a.) Otherwise, your account will be deducted on … Age 18 and above; Malaysians, Malaysia PRs and foreigners; How to apply. OCBC 360 Account is by far one of the best options on the market for consistent savers with a stable budget. First S$10,000= 0.15% S$10,001 to S$50,000= 0.15% S$50,001 to S$250,000= 0.25% Above S$250,000= 0.33% Smart Parent Savings Account Rates subject to change. Save RM1,000 monthly without withdrawing to earn higher profit, Save every month with easy access to your money, Enjoy a high profit rate of 2.80% p.a. If your daily savings account balance falls below the stated minimum by your bank, you may be charged a fall below fee of S$2 or S$5. Account Fee S$2 per month (regardless of balance) Cheque Book Fee S$10 per cheque book MOI Account Smart Parent Account Smart Senior Account Smart Savings Account Service Fee S$2 per month if average daily balance for the month falls below S$1,000 Seniorate Account S$2 per month if average daily balance for the month falls below S$500 02 Smart Savers Account; Save monthly without withdrawing to earn higher interest. 3.2. Get rewarded for shopping. To enjoy the benefits, sign up with your child today. We wish to remind you of our Conditions of Access and Security & Privacy . FAQs. Individuals who credit a S$2k+ salary, spend S$500+/month on an OCBC credit card, and increase their balance size by at least S$500 monthly–all fairly reasonable criteria for the average consumer–quickly accrue bonus interest on up to S$70k of the balance. Interest rates. If you or your friends are currently using savings accounts such as the DBS Multiplier, OCBC 360, or UOB One, you already know what high interest savings accounts are - they typically offer significantly higher interest rates of 1-2% per year as compared to a bank’s typical 0.05% p.a. OCBC Titanium Rewards Credit Card. EXPLORE OUR PRODUCTS FOR YOU. There is no charge to depositors for deposit insurance protection. Save every month with easy access to your money Enjoy a high profit rate of 2.80% p.a. The OCBC privacy policy ceases to apply at third party websites. OCBC Smart Saver is a high-yield savings account that fosters disciplined savings. US dollar current account; Global savings account; OCBC foreign currency accounts for business customers: Business Smart account; Business foreign account - business should be incorporated outside of Singapore ; Foreign currency call account; Renminbi business account; The eligibility requirements vary slightly across the different account types. or visit us at a branch with these documents. Visit any of our branches and open an account … OCBC Savings Accounts. instead of the 3.00% before. RM 200 Eligibility. You deserve all the nice things so why not get your hands on them with Savings Goals – it automatically saves money for you each month, all within one bank account! Privacy . The RM250,000 limit includes both the principal amount of a deposit and the interest / return. How does the BOC SmartSaver compare to the OCBC 360 savings account? Andy Sim, HR Professional … You are leaving the OCBC website. Savings Account. PIDM protects depositors holding deposits with banks. OCBC iQ SmartSavers Account (“iQ SSA”) 3.2.1. Earn high interest on savings, and 1-for-1 offers with OCBC Malaysia 360 account. We wish to remind you of our Conditions ON YOUR MONTHLY SAVINGS . Apply online. Now ladies can earn higher interest than with regular savings accounts. of Access and Security & Bespoke lifestyle privileges card. For more information, refer to PIDM's DIS Brochures that are available at our counters or go to the website at www.pidm.gov.my. “Promotion Period” means from 2 November 2020 to 30 January 2021, both days inclusive. You are advised to read the privacy policy of third party websites. About OCBC Bank Error:Could not resolve host: meaningcloud-summarization-v1.p.mashape.com . FRANK DEBIT CARD Learn more. FRANK CREDIT CARD Learn more. Who can apply. This deposit is protected by PIDM up to RM250,000 for each depositor. Most Upvote. Answer Now. Read some reviews comparing the 2 but not sure if I should switch from my 360 to BOC SmartSaver. Open your OCBC Monthly Savings Account today. Interest rates (yearly) No withdrawals during calendar month. © OCBC Bank (Malaysia) Berhad (295400-W) 2016. Suggest an Edit / Similar APIs. Grow your wealth with high interest rates from OCBC Malaysia's saving accounts, fixed deposit (FD) accounts or islamic accounts. OR CHECK OUT RECOMMENDED PRODUCTS. Normal Rate 1 … What’s next? Anonymous. “Speci˜ed Period” means from the account opening date of the OCBC Wing Hang Smart Account of an Eligible Customer to 31 January 2022, both days inclusive. Make withdrawals at over 600 OCBC ATMs in Singapore and at Visa PLUS ATMs anywhere in the world. The OCBC Passbook Savings Account comes with a passbook to help you track your account balance and transactions. Find out how you can be smart about your money with the FRANK Account and Debit Card. The OCBC 360 Savings Account is where Heartland Boy’s salary is credited via GIRO and it has now become the de facto savings account where his personal daily expenses are withdrawn from. 99%. 8.8. Every savings account comes with a daily minimum balance, such as S$500 for the Maybank iSavvy Savings account, S$1,000 for the OCBC 360 account, and S$3,000 for the POSB or DBS Multiplier account. The interest rates are determined by these two factors: Total cumulative amount you deposit into the account every calendar month; Any withdrawals from the acount every calendar month; Total amount deposited in account every calendar month. 1086 mms. Age 18 and above; Malaysians, Malaysia PRs and foreigners; How to apply. I'll need to ask you a few more questions to complete your application. A parent or legal guardian as a joint account owner. … Pay bills and transfer funds to accounts within OCBC, or to other banks' accounts via MEPS interbank GIRO. Interest rates. base interest rate. You are advised to read the privacy policy of third party websites. GET STARTED. The OCBC privacy policy ceases to apply at third party websites. As long as you are a Malaysian aged 18 and above, you are good to apply. Privacy, Total amount deposited in account every calender month, Terms and Conditions Governing the SmartSavers Account, Product Information Sheet for SmartSavers Account, Product Information Sheet (For SmartSavers Junior Account). New customers can apply for a new OCBC Bonus+ Savings Account online with MyInfo, then register their participation online. Heartland Boy guessed this is a defensive move by OCBC 360 against popular hurdle accounts that have improved in the recent years. on your account balance when you deposit RM1,000 monthly into your, For the full Terms and Conditions please click, I confirm that I have read and I agree with the. Its Booster Account now offers 0.10%p.a. Personal. Best Savings Accounts in Singapore With the Highest Interest Rates 2021. Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000 each. The OCBC 360 savings account was once a popular choice for young working adults, but its lowered interest rates and tiered system make it less user-friendly now. Features of iQ SSA Eligibility Age 18 years and over. The customer must have and maintain an iQ Account or a Basic Salary Account (Insured by PIDM) with OCBC Bank to be eligible for the OCBC iQ SmartSavers Account. View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking. FRANK Account; FRANK Debit Card ; PRODUCTS. SmartSavers Account g. No: 0-W V 7 5 2 OCBC Wealth Management Deposits Product Information Sheet Services OCBC Online Banking Electronic Banking Lobbies – eLobby • ATM Services provide cash withdrawals, funds transfers, balance enquiries, cheque book requests and more, 24 hours a day, 7 days a week. Cards. However, you can still earn decent interest up to the first $75,000. FIND OUT MORE . of Access, Security & Initial deposit RM 200 Deposit RM1,000 Monthly with No Withdrawals 2.80 % P.A. FRANK ACCOUNT Learn more. OCBC’s other savings products have also seen reduction in their interest rates. Child below 16 years old. Note if you make any withdrawals, interest will be 0.1% a year in the month of withdrawal. Limited time offer for new OCBC Card Applicants (valid till 28 February 2021) Get S$50 or S$20 worth of FairPrice e-vouchers when you apply for NTUC Plus!Visa Credit or Debit Card and make 3 transactions on your approved card.. Plus, apply together with NTUC-OCBC Starter Account to get additional S$50 worth of FairPrice e-vouchers simply by: Terms and Conditions Apply. If I contribute using GIRO, when will my contributing account be deducted? OCBC ATM cards are accepted at all MEPS ATMs. Best to apply online & open an account now. FRANK Account is limited to two joint account holders. There is no charge to depositors for deposit insurance protection. Savings Accounts Savings OCBC OCBC 360 Account Bank of China SmartSaver Account . Earn interest on your savings: Amount in account: Interest rate: Entire account balance: 0.05% a year: Amount in account: Entire account balance: Chinese New Year deposits promotion . Its newest product, the nuon Savings Account, has maintained its base interest rate of 1.0%, but reduced its Save Pot Bonus by 0.2%p.a. See all cards. Get cash rewards when you top up your account. Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. Plus, apply together with Plus! The best time to save is now. OCBC Booster Account OCBC Booster Account gives your savings a boost of up to 3.10% p.a. Apply now and get FairPrice e-vouchers. The OCBC e-SmartSavers only caters to single name account application only. Savings Account to get additional S$50 worth of FairPrice e-vouchers simply by: Crediting your monthly salary of S$1,000 or more via GIRO into your Plus! Let's connect on WhatsApp! © OCBC Bank (Malaysia) Berhad (295400-W) 2016. We like that there is no one compulsory requirement for earning bonus interest. Visa Credit or Debit Card and make 3 transactions on your approved card. Starter Savings Account . OCBC VOYAGE Card. … when you combine it with your wealth Apply now MEPS Fee Waiver ! for balances below RM30,000 instead of 0.25% previously, whereas balances above RM30,000 get 2.70%p.a. 3. 1 answer. If there are more than two joint account holder, you will need to open other OCBC Bank Account. Get S$50 or S$20 worth of FairPrice e-vouchers when you apply for OCBC Plus! For everyday spending. Learn more. The OCBC 360 is one of the best savings accounts in Singapore among working adults. Initial deposit . © Copyright OCBC Bank (Malaysia) Berhad (199401009721 / 295400-W), Protected by PIDM up to RM250,000 for each depositor, Conditions However, the past couple of years have seen OCBC revised the interest rates of its widely popular OCBC 360 savings account multiple times. Promotion ends on 31 March 2021. Cultivate a disciplined saving habit; No need to open a second account just for savings; Take your money out anytime RM 4,000 Eligibility. EasiCredit. The rate of 0.40% is 0.14% higher than the average 0.26%. In order to find the best savings account, we looked at a typical working adult in Singapore and assumed that he or she:. MEPS Fee Waiver ! Concluding Thoughts On OCBC 360 Savings Account. To open a multi-currency account … OCBC Bonus+ is a great option for consumers who can–for the most part–make monthly deposits while forgoing withdrawals, but can't commit to such behaviour for an extended period of time. That’s because it has been around for a long time and gives a decent interest rate to its customers. Type Floating: Rate 0.40%: Currency: SGD: The rate is for the MSA Flexible Plan and requires a minimum monthly saving of $50 in increments of S$10 up with a maximum of S$5000. If your contributing account is not in OCBC, that account will be deducted 1 business day before your contribution date. How to apply. OCBC 90°N Card. 0 comments. profit on Account Balance For more information, click here. Deposit RM1,000 Monthly with No Withdrawals. Answers (1) Sort by. OCBC 360 ACCOUNT Learn more. PIDM insures eligible deposits for up to RM250,000 per depositor per bank. In Singapore and Malaysia, withdrawals are free at any OCBC or OCBC NISP ATM. Rates. You simply start with the base of 0.05% and add whatever bonus interest you qualify for. Common questions. Learn more about the OCBC SmartSavings account. How easy is it to apply for this online savings account? on your account balance when you deposit RM1,000 monthly into your SmartSavers Account-i with no withdrawals. Smart Parent savings account rates are higher interest rate than a regular Statement Savings Account. |   All Rights Reserved. What Makes OCBC Bonus+ Savings Account Stand Out. What is a high interest savings account? This deposit is an eligible deposit insured by Malaysian Deposit Insurance Corporation (PIDM). You are leaving the OCBC website. 2. Accounts; Cards; … Visit here for more info. OCBC 365 Credit Card. Are good to apply for this online savings account reduction in their interest when! Ocbc account can still earn decent interest up to RM250,000 per depositor per Bank to your money a... Iq SSA Eligibility age 18 years and over insured by Malaysian deposit insurance.... A Bank fail, PIDM will promptly reimburse depositors over their deposits in OCBC, that account will deducted... 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And data API ATMs in Singapore and Malaysia, withdrawals are free at any OCBC or NISP! ® is a savings programme that teaches your child the importance of saving savings a boost of to. Deposits are eligible for a long time and gives a decent interest up to 3.10 % p.a. information click! Account online as your first OCBC account by PIDM up to RM250,000 per depositor per Bank 2021. Limit includes both the principal amount of a deposit and the interest return! If your contributing account is not in OCBC, that account will be deducted monthly with no withdrawals %! Deposits are eligible for a new OCBC Bonus+ savings account multiple times who. ) 2016 rates from OCBC Malaysia 's saving accounts, fixed deposit ( FD ) accounts islamic. The benefits, sign up with your wealth apply now MEPS Fee Waiver islamic and conventional deposits are eligible a! Conventional deposits are eligible for a long time and gives a decent interest up to for... With high interest on savings, and 1-for-1 offers with OCBC online Banking each... Transactions on your account Balance when you top up your account Balance for more,! A Parent or legal guardian as a joint account owner is not currently available the. Or islamic accounts RM30,000 instead of 0.25 % previously, whereas balances above RM30,000 get 2.70 %.!, fixed deposit ( FD ) accounts or islamic accounts base of %. To RM250,000 per depositor per Bank year in the world counters or go to the first 75,000... Singapore and at visa PLUS ATMs anywhere in the recent years OCBC iQ SmartSavers account “... | Promotional interest rates of its widely popular OCBC 360 savings account that fosters disciplined savings from 2 November to.