BASE RATE
0.05% p.a.
MAX RATE (ALL TIERS)
0% p.a.
BALANCE CAP
None
■ BONUS TIER REQUIREMENTS
Salary credit NOT REQUIRED
Card spend NOT REQUIRED
Bill payments (GIRO) NOT REQUIRED
Insurance / investments via bank NOT REQUIRED
SDIC insured YES — S$100,000 per depositor per member bank
HOW THE RATE WORKS
Standard statement savings account: flat 0.05% p.a. on entire account balance. No ongoing bonus-interest mechanics (separate time-deposit-style fresh-funds promotions may apply from time to time).
SOURCE
https://www.ocbc.com/personal-banking/deposits/statement-passbook-savings-account
OCBC official Statement Savings Account page (Rates: entire account balance 0.05% a year) + ocbc.com/personal-banking/deposits/accounts-interest-rates.page (Statement Savings 0.05% a year)
Verified 4 Sept 2026. Rates change — always confirm on the official site.