OCBC Monthly Savings Account

OCBC Monthly Savings Account

OCBC Bank has a new Monthly Savings Account promotion that is available now. In OCBC monthly savings account, you can earn interest of up to 1.48% on a 24 months savings account. This savings account allows you to save a fixed amount every month according to your bank savings requirements.

Benefits of OCBC Monthly Savings Account:

You can earn higher interest of 1.08% p.a. or 1.48% p.a. This is more than a usual savings or current account. If you need to withdraw the money, you still receive the full principal sum plus 0.8% p.a. interest. This monthly savings account plan lasts for 24 months. You can have fixed monthly savings amount of as low as S$100 (S$50 via Internet Banking or mail-in application). There are no monthly account fees for the OCBC monthly savings account.

Terms of OCBC Monthly Savings Account:

The OCBC monthly savings account is open to individuals aged 5 years old and above. For individual less than 18 years old, you need to open a joint account with parent(s)/guardian(s) who must be at least 21 years old for this OCBC monthly savings account.

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

If you terminate the OCBC monthly savings account, early termination fee of S$30 applies if your OCBC monthly savings account is closed within 6 months from account opening date.

Check out the details of the OCBC monthly savings account.

Best Deposit Rates in Singapore Fixed At 9% P.A.

Best Deposit Rates in Singapore Fixed At 9% P.A.











Get the best deposit rates in Singapore fixed at 9% per annum (p.a.) when you open a Citibank Super Switch High Rate Time Deposit. To enjoy one of the best Singapore savings deposit rates that is fixed up to 9% p.a. interest rates, you need to put in US $20000 equivalent savings deposit in this multi-currency account and switch to fixed NZ dollars in deposits.

This NZ dollar is one of six currencies that you can choose as a fixed currency, to earn high fixed interest rates by using your money from a Singapore savings deposit.

You can withdraw cash from your savings deposit during the tenure as your need arises, yet earn high interest rates for the remaining sum in this deposit account that earns fixed interest.

Deposit interest rates remain fixed at this time but are subject to change so do check with the Citibank to confirm the fixed rates on their Citibank Super Switch High Rate Time Deposit account.

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