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The latest on Singapore Savings Account Rates:

Oct 10, 2011

OCBC Bank SIngapore Reduces Interest Rates

OCBC Bank SIngapore Reduces Interest Rates

OCBC bank SIngapore reduces interest rates for all its various OCBC bank savings deposits accounts. OCBC bank Singapore reduces interest rates with effect from 1 October 2011.

The following OCBC bank savings deposits accounts and their new interest rates are provided below.


OCBC Passbook Savings / Young Savers Account Rates

Amount | Rate (% p.a.)
First S$10000 0.05
From S$10001 to S$50000 0.05
From S$50001 to S$250000 0.08
Above S$250000 0.08

OCBC Basic Banking Account Rates

Amount | Rate (% p.a.)
First S$10000 0.05
From S$10001 to S$50000 0.05
From S$50001 to S$250000 0.08
Above S$250000 0.08

OCBC Statement Savings (With / Without Debit Card) Account Rates

Amount | Rate (% p.a.)
First S$10000 0.05
From S$10001 to S$50000 0.05
From S$50001 to S$250000 0.08
Above S$250000 0.08

OCBC MultiSave, Seniorate, Moi Account Rates

Amount | Rate (% p.a.)
First S$10000 0.05
From S$10001 to S$50000 0.05
From S$50001 to S$250000 0.08
Above S$250000 0.08

OCBC NTUC-OCBC Starter Account Rates

Amount | Rate (% p.a.)
First S$50,000 0.2
From S$50,001 to S$500,000 0.4
Amount in excess of S$500,000 will not incur interest


Note that Singapore savings account rates are subject to change without notice at discretion of the bank entity or finance company.

We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore.

The Team

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