About OCBC EasiSave
The OCBC EasiSave is basic savings account with monthly statements where you can start saving with an initial deposit as low as RM20 (Malaysians).
The savings account is open to Malaysians, Permanent Residents and foreigners over the age of 18 years old.
Please be noted that the initial deposit for foreigners starts at RM150.
What are the benefits of this OCBC savings account?
Grow your money with 0.25% p.a. interest
By putting aside some money in your OCBC savings account, you will grow your money by 0.25% a year.
Whatever the balance as long as its over RM50,000 you will earn you a 0.25% p.a. interest. It will increase in stages for every RM50,000 added to the balance.
The interest is calculated daily and will be credited to you half-yearly on the 30th of June and the 31st of December respectively.
Access over 10,000 ATMs nationwide
OCBC EasiSave savings account comes with a debit card so you can make withdrawals whenever you need cash.
The withdrawals are free at any OCBC ATM in Malaysia and Singapore, & OCBC NISP ATM in Indonesia.
Your OCBC ATM card is also accepted at all MEPS ATMs and Visa PLUS ATMs around the world.
Charges for debit card withdrawals are as follows:
- OCBC/OCBC Singapore ATM’s : No Charge
- HOUSe ATM Network (HSBC, UOB, Standard Chartered Bank): RM1.00
- MEPS ATM Network: RM4
- Non-OCBC ATM’s via VISA PLUS: RM12.00
Access & manage your money easily via online banking
Skip the queue and go online to track your money, make a payment and transfer funds!
With this feature, you can view your OCBC EasiSave accounts, download previous and current statements, pay bills and transfer funds within a click.
Documents to open the savings account
To open this OCBC savings account, you need to bring:
- RM20 (Malaysian) or RM150 (foreigners) for the initial deposit
- ID card or passport
- MyKid, Birth Certificate or Legal Guardian Certificate (individuals below 18 years old, in-trust account)
Is OCBC EasiSave protected?
Yes, up to a maximum amount of RM250,000, your wealth will be protected by PIDM.