OCBC e-SmartSavers

Enjoy great interest rates, flexible withdrawals, and easy finance management without leaving the house. Saving towards your goals got so much easier!

    • Goal-Saving account
    • Phone Banking Service
    • eStatement (via email)
  • Min. AmountMax. AmountInterest Rate
    RM200no maximum4% p.a.


What would make it different?

Online Banking
OCBC Online Banking
Mobile App
SMS Transaction Alert
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
Inactive Account 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 e-SmartSavers

Things you might want to know

What makes the OCBC e-SmartSavers stand out?

Some people just dread going to banks, especially during work hours when it's super crowded - but hey, that's the only time most of us are free to pay our bills or set-up a new account!

But how about doing all that hassle-free online without queue? With the OCBC e-SmartSavers, you can apply online in 3 simple steps and ready to use within 3 to 5 working days. You can save at high interest rates and track your financial goals online anytime, anywhere!

How do I enjoy the high interest rate?

If you withdraw any money from your e-SmartSavers account within the month, you will only receive 0.5% interest a year. On the other hand, if you deposit minimum of RM50 monthly, you will enjoy 4% interest a year!

Who is eligible to apply for this account?

As long as you are a Malaysian aged 18 and above, you are good to apply.

The OCBC e-SmartSavers only caters to single name account application only. In other words, joint account is not permitted under this plan.

How easy is it to apply for this online savings account?

Super easy! You just need to submit softcopies of your IC (front and back) along with any of the document below:

  • Water or electric bill
  • Telephone bill
  • Latest EPF Statement - get your online statement now!
  • House assessment or more commonly known as your "Cukai Pintu".

Once that's done, an SMS containing your account number will be sent to you in the next 48 hours. 

You then have 7 working days to activate you e-account by depositing a minimum of RM200 using interbank GIRO or go traditional with over-the-counter deposits.

How much can I withdraw from my OCBC e-SmartSavers account?

You can withdraw from your OCBC account up to RM25,000 each year, any transaction beyond that will be rejected. 

But wait, this limitation can be removed anytime by simply performing a brief verification of your account at any OCBC branch. 

The only downside is that this OCBC online savings account also doesn't allow funds to be transferred internationally. 

Is my money safe in this account?

Absolutely! Cash of up to RM250,000 in your OCBC e-SmartSaver account is guaranteed by PIDM.

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