Plus! Savings Account

Gives you higher interest rates than other banks


  • 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
How To Apply

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

First S$50,000 deposit

0.15% per year

Next S$450,000 deposit

0.1% per year

Above S$500,000 deposit
(with effect from 1 September 2019)

How does the Plus! Savings Account interest rate work?

Plus! Savings Account interest rates:

Balances in Plus! Savings AccountBase Interest Rates
S$0 - S$50,0000.1% per year
S$50,001 - S$500,0000.15% per year
Above S$500,0000.1% 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.


Initial deposit


monthly service fee


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 fee

Online 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.

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

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.