OCBC

OCBC Booster Account

OCBC Booster Account gives your savings a boost of up to 4.45% p.a. when you combine it with your wealth

    • eStatement (via email)
  • Min. AmountMax. AmountInterest Rate
    RM1RM300000.25% p.a.
    RM30001no maximum3.25% p.a.
View product disclosure sheet.

Features

What would make it different?

Online Banking
OCBC Online Banking
Mobile App
PIDM Protected
ATM Card

Fees & Charges

There are always fees but how much are they?

ATM Card Issuance Fee
RM8.00
MEPS Withdrawal Fee
RM4.00
HOUSe Withdrawal Fee
RM1.00
Inactive Account Fee
RM10.00
Early Closure Fee
RM20.00

Requirements

Are you eligible for this account?

Minimum Age
18 years old
Minimum Initial Deposit
RM500

Frequently Asked Questions about OCBC Booster Account

Things you might want to know

What do I get from OCBC Booster Account savings account?

OCBC Booster Account savings account intends to help you earn a higher return on your savings. When you successfully opened this account, you will enjoy the access to basic banking facilities.

That's not all, you will be entitled to MEPS fee waiver for the first 2 withdrawals every month. Also, there is no holding period on funds!

The highlight is, you get 2 types of profit rates: base interest of 3.25% p.a. for savings upward of RM30,000, and a wealth bonus of 1.20% p.a..

How is the profit calculated?

For base profit of 3.25% p.a., it will be calculated based on your account's day end balance. The catch is, you need to maintain a balance of at least RM30,000.

This profit will be credited to your account at the end of the month.

How do I qualify for the wealth bonus?

To qualify, you need to invest in OCBC's wealth products with a minimum amount. This wealth bonus will be accorded for 12 months.

Once you have redeemed you wealth bonus, you may still continue to get interest rate of 1.2% p.a. on your balance.

Is my money in OCBC Booster Account protected under PIDM?

Absolutely. Your money in OCBC Booster Account savings account is guaranteed under PIDM for up to RM250,000.

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