OCBC Bonus+ Savings Account

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Rating: 0.0/5.0 (0 Reviews)
Interest Rate Up to 1.45%
Min. Deposit $10,000
Review on OCBC Bonus+ Savings Account
Pros

High savings account interest rate

Cons

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 Deposit Details

Minimum initial deposit of $10,000

Minimum average daily balance of $3,000 ($2 fall below fee applies)

 

Deposit Interest Rates 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 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

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