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OCBC Monthly Savings 800~5K

OCBC Monthly Savings 800~5K

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Start an OCBC Monthly Savings Account and earn 0.88% p.a. or 1.18% p.a.  Click here to view latest rate. This is a 24 months savings account which allows you to save a fixed amount every month according to your needs!

 

Benefits

Earn higher interest of 0.88% p.a. or 1.18% p.a. compared to savings or current account

Receive the full principal sum plus 0.8% p.a. interest in case of early withdrawal

Short 24 months savings account

Fixed monthly savings amount of as low as S$100 (S$50 via Internet Banking or mail-in application)

No monthly account fees

 Eligibility

Individuals aged 5 years old and above

For individual less than 18 years old, a joint account will be opened with parent(s)/guardian(s) who must be at least 21 years old

Minimum monthly savings of S$100 (S$50 via Internet Banking or mail-in application) and in incremental multiples of S$10, and maximum is S$5,000

 Fees and Charges

Early termination fee of S$30 applies if account is closed within 6 months from account opening date

Terms and conditions
[Minimum balance ] $1K
[Minimum monthly deposit] $800
[Maximum monthly deposit] $5K
[Fixed tenor] 24 Months
[Early closure fee] $30 if close within 6 months
[Interest after withdrawal] 0.80%
[Terminate account] early withdraw or lapse in any monthly contribution
Rates
[Rate] 1.18%

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