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High savings account interest rate
Low 0.05% p.a. base interest rate
Low 0.40% p.a. bonus interest for monthly deposit
Bonus interest rate of 1.00% p.a. only applicable with no withdrawals
Deposit Details
Minimum initial deposit of $10,000
Minimum average daily balance of $3,000 ($2 fall below fee applies)
Interest Computation
| Interest | |
|---|---|
| Base Interest | 0.05% p.a. |
| Deposit $500 monthly | 0.40% p.a. |
| No Withdrawals | 1.00% p.a. |
| Total | 1.45% 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 bonus interest rate will be 1.40% p.a. for the month. If you withdraw within the month. you will receive the base interest rate of 0.05% p.a.
Promotions
Get $10 NTUC FairPrice Vouchers for every $8,000 fresh funds deposited. Fresh funds must be maintained for 6 months (Until 30 Apr 2020)
Click here to go to OCBC website for more details
There are several current and savings accounts in Singapore that offer a higher interest rate...
What are the best and highest interest rates for deposits in Singapore?
