Bonus+ Savings Account

Be rewarded with bonus interest
when you do not make

Initial deposit


fresh funds

Minimum monthly balance


S$2 fall below fee applies


Singaporeans, Singapore PRs and foreigners age 15 and above

How to apply

You can earn higher interest if you do not make any withdrawals monthly or quarterly.

No withdrawals this month?

0.45 % a year

No withdrawals this quarter?

1.18 % a year



Important Notice:

All funds in the Bonus+ Savings Account enjoy a monthly base interest of 0.20% p.a. If no withdrawals are made, the monthly interest rate will be 0.45% p.a. for 2 months and 1.18% p.a. for the third month. The effective interest rate for Bonus + Savings Account is 0.69% p.a.


Monthly bonus

If you withdraw money within the month, you will only receive 0.2% interest a year.

0.2% (Base)

If you do not withdraw money within the month, you will receive
0.45% interest a year.

0.2% (Base) + 0.25% (Bonus) = 0.45% (Total)

Quarterly bonus

If you withdraw money at any time within any of the calendar quarters, you will not get the interest for that quarter.

0.45% - No withdrawals on 1st month | 0.2% - Withdrawals made on 2nd month | 0.45% - No withdrawals on 3rd month
These 3-month periods are defined as the calendar quarters of the year:
  • January, February & March
  • April, May & June
  • July, August & September
  • October, November & December

If you do not withdraw money within a 3-month period, you will receive 1.18% interest (a year) in the third month.

0.45% - No withdrawals on 1st month | 0.45% - No withdrawals on 2nd month | 0.45% + 0.73% = 1.18% - No withdrawals on 3rd month

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.

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

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:

for initial deposit


for Singaporeans
and Singapore PRs

Passport +
Employment Pass/S-Pass

    Foreigners need to bring:

  • Passport and

  • Employment Pass (EP) or S-Pass or Student Pass

Find nearest branch to apply

By Mail

For a single account
Download application form


For a joint account
Download application form

Mail in the completed application form with copies of:

for Singaporeans
and Singapore PRs


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.