OCBC Smart Savers

Earn fixed deposit-like interest rates of up to 3.05% p.a. when you choose not to withdraw from your account. Now isn't that easy?

    • Goal-Saving account
    • Phone Banking Service
    • Account Statement
    • eStatement (via email)
  • Min. AmountMax. AmountInterest Rate
    RM20RM492.55% p.a.
    RM50RM9992.9% p.a.
    RM1000no maximum3.05% p.a.
View product disclosure sheet.


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
MEPS Withdrawal Fee
HOUSe Withdrawal Fee
Overseas Withdrawal Fee
Early Closure Fee


Are you eligible for this account?

Minimum Age
18 years old
Minimum Initial Deposit
Minimum Balance

Frequently Asked Questions about OCBC Smart Savers

Things you might want to know

What is OCBC Smart Savers?

This is a savings account that allows you to earn high interest rates of up to 3.05% p.a. when you keep a monthly balance of RM20 without any withdrawals. Of course you can withdraw your money, but this would ruin your chance to enjoy the significantly higher earnings. - So keep your itchy hands off your own money!

What are the other features of this savings account?

You can track your money and make banking transactions conveniently using the wonders of online banking via eLobby - view your e-statement online without the need for physical passbooks and bank statements. Better still, account holders can make withdrawals at any OCBC Singapore branches without any charges! This is great for those who transit between Malaysia and Singapore on a regular basis for business...or pleasure.

Who can apply for this account?

Malaysians, permanent-residents and even foreigners aged 18 and above are eligible to open an OCBC Smart Savers account.

What are the fees and charges I need to watch out?

In the event that you have lost your ATM card, there will be a RM8 fee. Also, watch out the withdrawals made at MEPS ATM Network, it will costs you RM4 per withdrawal, instead of the usual  RM1. Lastly, each additional statement request will costs you RM10. What did we tell you, stick with the online banking option!

What do I need to open the OCBC Smart Savers?

You will need:

  • Minimum deposit of RM200
  • Identification card/Passport or;
  • Proof of permanent residency for foreigners

Read More