Plus! Savings Account
Gives you higher interest rates than other banks
Eligibility
- Singaporeans, Singapore PRs, and foreigners
- Plus! Savings Account comes with Plus! Visa Credit / Debit Card
Debit cards
- Age 16 and above
- No minimum income required
Credit cards
- Age 21 and above
- Minimum annual income of S$30,000 p.a.
- Minimum annual income of S$45,000 p.a. for foreigners
- Minimum annual income of S$15,000 p.a. if aged 55 years old and above
Fees & charges
Annual fee is S$107 a year for Plus! Visa Credit Card and S$24 a year for Plus! Visa Debit Card.
The interest rate for NTUC/OCBC Plus! Visa Credit Cards is 26.76% per annum. If we do not receive full payment by the due date, a minimum charge of $2.50 a month, calculated from the transaction date, will be billed to your account.
How it works
Boost your savings with a deposit account that earns you interest, with absolutely no lock-in period and minimum balance requirement.
0.1% per year
0.15% per year
0.1% per year
(with effect from 1 September 2019)
How does the Plus! Savings Account interest rate work?
Plus! Savings Account interest rates:
| Balances in Plus! Savings Account | Base Interest Rates |
|---|---|
| S$0 - S$50,000 | 0.1% per year |
| S$50,001 - S$500,000 | 0.15% per year |
| Above S$500,000 | 0.1% per year (With effect from 1 September 2019) |
Scenario 1: If customer has S$60,000, for the first S$50,000, he earns interest at 0.1% interest per year and for the next S$10,000, at 0.15% interest per year.
Scenario 2: If customer has S$600,000, for the first S$50,000, he earns interest at 0.1% interest per year and for the next S$450,000, at 0.15% interest per year. His remaining S$100,000 would earn an interest rate at 0.1% per year.
$0
Initial deposit
$0
monthly service fee
1200
island-wide ATMs
Easy Way to Access and Manage Your Money
Savings Account linked to Plus! Visa Card
Your Plus! Visa Card is not only a credit / debit card, but also an ATM card to access your Plus! Savings Account.
Daily Banking Convenience
1,200 ATMs at convenient locations
At MRT stations, FairPrice outlets, Caltex stations and all major shopping malls.
Find nearest ATMs
Make deposits
Deposit your cash at any OCBC ATM PLUS at FairPrice outlets, OCBC Cash Deposit Machine or OCBC branch (subject to over-the-counter transaction fees), or drop your cheque at any OCBC Quick Cheque Deposit Box.
Cheque book
SGD cheque books are available on request at S$10 per cheque book. Fill up the cheque book request form and mail it to us, or call 6781 7090 (press 2).
Withdraw cash overseas
Access cash overseas at ATMs with the Visa / PLUS logo, or at OCBC ATMs in Malaysia and Indonesia.
View transaction feeOnline and Mobile Banking
Track your money
Bank anytime, anywhere with OCBC Online Banking, OCBC Mobile Banking and Plus! Phone Banking.
Easy payments and transfers
Pay any bank's credit card bills online, transfer money locally and to overseas accounts.
Electronic statements
Choose to receive paper or electronic monthly statements.
Online security guarantee
We guarantee a full refund of any money lost due to online banking fraud.
Still confused? Find out more about online banking
Important Notes
Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
How to Apply
Online application
Get the Plus! Savings Account by applying for Plus! Visa Credit or Debit Card.
Note: Plus! Savings Account comes bundled with Plus! Visa Credit/Debit Card.
In-store application
Get the application form at OCBC branches.