Last updated on 2023-04-12
Decent savings account interest rate
Low 0.05% p.a. base interest rate
Bonus interest rate of 2.75% p.a. only applicable with no withdrawals and monthly deposit
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Minimum initial deposit of $10,000
Minimum average daily balance of $3,000 ($2 fall below fee applies)
Interest | |
---|---|
Base Interest | 0.05% p.a. |
Deposit $500 monthly | 0.75% p.a. |
No Withdrawals | 2.00% p.a. |
Total | 2.80% p.a. |
All funds in the Bonus+ Savings Account enjoy a monthly base interest of 0.05% p.a.
If there are no withdrawals and a deposit of minimum of $500 is made monthly, the monthly interest rate will be 2.80% p.a. for the month.
If you withdraw within the month, you will receive the base interest rate of 0.05% p.a.
Click here to go to OCBC website for more details