Deposit a minimum of S$50,000 in fresh funds and watch your savings grow at a higher interest rate! Keep your funds with us for 88 days without making any withdrawals to enjoy this bonus interest rate.
Statement Savings Account
Your savings account that comes with monthly statements
Earn 2.88% a year when you deposit and maintain a minimum of S$50,000 fresh funds.Find out more
A hassle-free account that lets you transact, save, and keep track with monthly statements.
Rates
Earn interest on your savings:
| Amount in account | Interest rate |
| Entire account balance | 0.05% a year |
| Amount in account |
| Entire account balance |
EXCLUSIVE PROMOTIONS
Win a trip to Japan for Star Wars Celebration!
Calling all Star Wars fans: Stand a chance to win a pair of 3-day passes (with flights and accommodation fully paid) to Star Wars Celebration in Makuhari Messe, Japan from 18 to 20 April 2025!
Simply deposit a minimum of S$80,000 in fresh funds into your Statement Savings Account and maintain the deposit amount for 88 days to earn 10 chances.
Insured up to S$100k by SDIC. T&Cs apply.
EXCLUSIVE PROMOTION
Upsize your savings with a higher interest of 2.88% a year
Terms and conditions apply. Insured up to S$100k by SDIC.
How to participate:
Register for this promotion
Via this e-form (Online banking login required).
Terms and conditions apply. Insured up to S$100k by SDIC.
Complete the above steps by 30 April 2025.
To withdraw from this promotion, simply submit your request via this e-form.
What you will earn:
Bonus interest will be credited by 31 July 2025 for deposits in March, and by 31 August 2025 for deposits in April.
This is an illustration of the amount of bonus interest (2.88% a year) you can earn:
*Paid by 31 July 2025 for deposits in March and 31 August 2025 for deposits in April.
Note: Calculation of bonus interest is based on the assumption that funds are earmarked for 88 days.
Withdrawal of 2.60% a year promotion (January & February 2025):
Please submit via this e-form.
Withdrawal of 3.00% a year promotion (November/December 2024):
Please submit via this e-form.
Customer may only withdraw from this promotion via this e-form.
Before you apply
Eligibility requirements
Minimum age
16 years old
Documents required
NRIC and an image of your signature for Singaporeans and Singapore PRs
Passport and a valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass) for foreigners
Additional document
Include any one of the following documents that shows your residential address
- Phone bill
- Half-yearly CPF statement
- Any bank statement
Fees
Fall below fee
S$2
Deposit requirements
Initial deposit
S$1,000
Minimum average daily balance for the month
S$1,000
Statement
Monthly statements
Paper or e-Statement
Letters
You will receive electronic versions of Letters for all your relationships/accounts.
ways to apply
Open your OCBC Statement Savings Account today
or visit us at a branch with these documents.
1
For Singaporeans and Permanent Residents:
NRIC and an image of your signature
For foreigners:
Passport
Employment Pass (EP); or S-Pass or Student Pass
2
Initial deposit:
S$1,000
3
Include any one of the following documents:
Phone bill
Half-yearly CPF statement
Any bank statement
For new customers
Open your account instantly when you apply with Myinfo via Singpass login.
If you do not have Singpass, you can apply online these documents
For Singaporeans and Permanent Residents:
NRIC and an image of your signature
Additional documents
Include any one of the following documents:
- Phone bill
- Half-yearly CPF statement
- Any bank statement
or
For OCBC customers
If you have a current or savings account with us, you can apply instantly via Internet Banking with only a few clicks.
- OCBC Passbook Savings Account
- OCBC Statement Savings Account
- SmartParent Account
- EasiSave Account
- OCBC Monthly Savings Account
- Premier Statement Savings Account
- Premier EasiSave
Details
“Fresh Funds” refers to:
- Funds in the form of non-OCBC cheques/ cashier’s orders/ demand drafts, funds that are not transferred from any existing OCBC accounts;
- Funds that are not withdrawn within 30 days before or during the Promotion Period and re-deposited (whether in part or in full amounts withdrawn) into the Eligible Account during the Promotion Period for purposes of qualifying for the Promotion;
- Funds must be incremental to the Eligible Customer’s overall deposit balances for 30 days from the date of Eligible Transaction.
Eligible accounts:
- OCBC Passbook Savings Account
- OCBC Statement Savings Account
- SmartParent Account
- SmartSavings Account
- MoneyMax Account
- EasiSave Account
- Premier Statement Savings Account
- Premier Easisave Account