Bonus+ Savings Account

Get greater returns every month
with OCBC Bonus+ Savings Account

Initial deposit

S$
10,000

fresh funds*



Minimum monthly balance

S$
3,000

S$2 fall below fee applies



Eligibility

Singaporeans, Singapore PRs and foreigners age 15 and above

How to apply

Earn higher interest if you do not make any withdrawals monthly and quarterly. Plus, enjoy an even sweeter interest rate when you top up fresh funds of S$10,000 and make no withdrawals within that quarter. Also, with no lock-in period, you can enjoy the flexibility to deposit and withdraw anytime. If you withdraw within the month, you only receive 0.05% p.a. monthly base rate.

No withdrawals this month?
 

0.60 % a year

No withdrawals this quarter?
 

1.15 % a year

Top up fresh funds of S$10,000 with no withdrawals this quarter?

2.35 % a year


*Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts.


All funds in the Bonus+ Savings Account enjoy a monthly base interest of 0.05% p.a. If no withdrawals are made, the interest rate will be 0.60% p.a. for 2 months and 1.15% p.a. for the third month. If no withdrawals are made in the quarter and there is minimum $10,000 fresh funds deposit, the interest rate will be 2.35% p.a. for the third month. The maximum effective interest rate for the account will be 1.18% p.a.


These 3-month periods are defined as the calendar quarters of the year:
  • January, February and March
  • April, May and June
  • July, August and September
  • October, November and December

Online and Mobile Banking

Track your spending by category

Your spending is automatically sorted by category so you know exactly where your money is going with Money In$ights.

Easy payments and transfers

Pay any bank's credit card bills online, transfer money locally and to overseas accounts.

Online security guarantee

Guaranteed a full refund of any money lost due to fraud via online banking.

More about Online Banking

Access over 1,100 ATMs island-wide including UOB's ATM network

Convenient locations

At MRT stations, NTUC FairPrice outlets, Caltex stations and all major shopping malls.

Find nearest ATMs

More about ATM services

Sunday at OCBC

Open every day at 16 branches from 11am to 7pm

A new banking experience awaits you at our 16 full-service 'Sunday at OCBC' branches.

Learn more about Sunday at OCBC

2 ways to apply

At a branch

 

Please bring along:
1
NRIC

for Singaporeans and
Singapore PRs

OR
Passport +
Employment Pass/S-Pass

Foreigners need to bring:

  • Passport
  • Employment Pass (EP) or S-Pass or Student Pass
2
S$10,000

for initial deposit

Find nearest branch to apply
Locate

By Mail

 

For a single account
Download application form

or

For a joint account
Download application form


Mail in the completed application form with copies of:
1
NRIC

for Singaporeans
and Singapore PRs

2
EP/S-Pass

employment pass/S-pass or student pass and
passport for foreigners



At a branch

Visit any branch near you. Account is opened immediately.

Please bring along:

  • NRIC for Singaporeans and Singapore PRs.
  • Foreigners need to bring:
    • Passport
    • Employment Pass (EP) or S-Pass or Student Pass
  • S$10,000 for initial deposit.
Find nearest branch to apply
Locate

By Mail

 

For a single account

OR

For a joint account

1
NRIC

for Singaporeans and Singapore PRs

2
EP/S-Pass

employment pass/S-pass or student pass and passport for foreigners

Important Notices

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.