Enjoy more fuss-free dinners with 6% cashback on online food deliveries using the OCBC 365 Credit Card. Perk up your student journey with the FRANK Account and Debit Card – save for that overseas exchange and enjoy sweet deals all year round. OCBC Bonus+ Savings Account is a competitive option for consumers who can often make deposits and forgo withdrawals, but don't want to be bound by long commitments in order to unlock bonuses. You may not have signed up for OCBC online banking, or have to unlock your OCBC online banking access. ⁵ Loan interest is based on the average Prime Lending Rate of Oversea-Chinese Banking Corporation (OCBC), Development Bank of Singapore (DBS) and United Overseas Bank (UOB). Push ahead with your education goals! Learn more. Depending on the savings account and the promotion, you can earn up to 4.25% p.a. Apply to extend loan tenure on your education loan if you have not missed more than 3 months of instalment payments. All Rights Reserved. OCBC Rolls Out Mobile-First Banking Solution, FRANK by OCBC Meet FRANK, Maybe The Coolest Bank Gen-Y Has Ever Seen OCBC FRANK - Should Students Use This Account? Promotion ends on 31 March 2021. Make the 360 Account your first OCBC account Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. : 193200032W. We do not guarantee, represent or warrant that any of the information provided in this document is accurate and you should not rely on it as such. If you think that landing your first job will be the solution to your financial woes as a student, you might want to think again, says Segment Manager Kenny Loh. You do not have an account or product with OCBC. Make the 360 Account your first OCBC account. Account holders always earn a standard base rate of 0.05% p.a., but this can easily be boosted by +0.45% p.a. This may take about 5 minutes. If the primary account holder is above 26 years of age, a service fee of S$2 will impose if the average balance for the month is less than S$1,000. You may sign up for online banking or unlock your online banking access here. You must also credit your salary of at least S$1,800 to the account. Whether you’re a first-time buyer, upgrader or investor, find advice you can trust. The digital platform to track, exchange and redeem rewards points across different rewards programmes is now accessible on the OCBC Pay Anyone™ app. The interest rates for both OCBC FRANK and OCBC Monthly Savings Account are also pretty similar for an account balance that is below $10,000 (0.2% to 0.25% per annum). This may take about 5 minutes. Pay bills and transfer funds to accounts within OCBC, or to other banks' accounts via MEPS interbank GIRO. Invest and protect with a regular premium investment-linked insurance plan. Unfortunately, OCBC will be changing the interest rate for its OCBC 360 savings account yet again in 2021! Documents Required for Account Opening. If you think that landing your first job will be the solution to your financial woes as a student, you might want to think again, says Segment Manager Kenny Loh. Prepare healthier meals at home and earn up to 12% rebates at FairPrice stores with the NTUC/OCBC Plus! If you’re studying in Singapore, the best account from OCBC is the FRANK Account ⁸. It’s bursting with perks for those aged 16 to 26, including 4x more interest than regular savings account, cashback at popular retailers and a FRANK debit card – take your pick from 60 colourful designs. Insured up to S$75,000 by SDIC. You can use the funds at any Baby Bonus Approved Institution to pay for: We know that you will have your hands full after your child is born; hence you can apply online via Baby Bonus Online 8 weeks before the estimated delivery date of your child. The 360 Account is a deposit account that pays you bonus interest when you do all or any of these: Credit your salary through GIRO; Save and increase your account balance; Insure with OCBC; Invest with OCBC; The account comes with e-statements and you can choose to have a cheque book. ... No shade to your FRANK Account but it's time to step up with the OCBC 360 Account. After the latest interest rate changes implemented on 1 October 2020; OCBC will be reducing the interest rates for OCBC 360 on 1 February 2021. When your child turns 13, the unspent balance goes to their Post Secondary Education Account (PSEA), making it easier to pay education fees. Estimate how much your affordability, valuation and rental yield in one single calculator. Get Started. OCBC Rolls Out Mobile-First Banking Solution, FRANK by OCBC Meet FRANK, Maybe The Coolest Bank Gen-Y Has Ever Seen OCBC FRANK - Should Students Use This Account? Loan interest is based on the average Prime Lending Rate of Oversea-Chinese Banking Corporation (OCBC), Development Bank of Singapore (DBS) and United Overseas Bank (UOB). Choose an account from the table below, and click Apply now to apply for a personal/joint-alternate account. Soon, you'll be starting a new chapter of your life — your Silver Years. Young Investor Programme Invest in your best interest. ... 1 Based on a Singapore citizen university student's tuition fee. Deposit, Child care centres, kindergartens and special education schools, Providers of early intervention programmes, Providers of assistive technology devices, Medical-related expenses or purchase MediShield or Medisave-approved private integrated plans. loan amounts, repayment periods and interest rates) may differ. Visit any of our branches and open an account … Co. Reg. You’ll also need to bring along the relevant initial deposit and proof of your address. 1 Based on a Singapore citizen university student's tuition fee. ... No shade to your FRANK Account but it's time to step up with the OCBC 360 Account. Trade around the world with access to 29 global exchanges and diversify with Futures and Leveraged FX.You can open an OCBC Securities account at any OCBC Bank branch. Promotion ends on 31 March 2021. Learn more. OCBC RoboInvest. FRANK by OCBC is a must-get for: Students (18 y/o & above) and adults that are looking for high-interest savings account with truly competitive interest rate. Young Investor Programme Invest in your best interest. Some OCBC accounts charge monthly fall-below fees if your account value drops below a set level. For Branch Account Application, each applicant will need to bring along the original copy of the required documents. No. Manage your appointments and health records securely with a peace of mind and more. This document is for general information only. The first is the 360 Account ⁶, an interest-earning account (the rate varying depending how much you deposit a month) and a small fee waived for the first year. For personal accounts, you’ll need your NRIC if you’re Singaporean or a permanent resident, or your passport and employment/student pass if you’re a foreigner. Get Started. All information may change without notice. How can I use my child’s OCBC CDA funds for education-related and healthcare-related expenses? The world is your playground with your own OCBC Securities Online Trading Account. OCBC FRANK Savings Account Review 2021. Promotion ends on 31 March 2021. The highest possible interest rate accruable goes up to 0.20% p.a. Deals. ... 1 Based on a Singapore citizen university student's tuition fee. Trade around the world with access to 29 global exchanges and diversify with Futures and Leveraged FX.You can open an OCBC Securities account at any OCBC Bank branch. loan amounts, repayment periods and interest rates) may differ. Ensure that your baby is protected with GREAT SupremeHealth. 1 Based on a Singapore citizen university student's tuition fee. Co. Reg. Enjoy up to 2% a year interest on your CDA balance. Enjoy 0.60% a year on the first S$10,000 saved in your child’s CDA, followed by 0.80% a year on the next S$10,000 and 2% a year thereafter. The base interest rate per annum for OCBC FRANK savings account is 0.05% p.a. Fund up to 20% of the subsidised tuition fee payable by Singapore Citizens and/or up to S$3,600 living allowance per annum. Our flexible repayment schemes offer instalments starting from as low as S$100. Estimate how much your affordability, valuation and rental yield in one single calculator. Learn more. Start paying back your loan with the flexibility of repayment – either choose a repayment period of up to 5 years for an interest-free loan or up to 20 years for an interest-bearing loan. A FRANK Visa Debit Card, tagged to your loan servicing account, allows you to enjoy perks while you push ahead in your studies. Grow your wealth with high interest rates from OCBC Malaysia's saving accounts, fixed deposit (FD) accounts or islamic accounts. Offering a low interest rate of just 4.5% per annum (EIR is 5.17% per annum2), it also allows you to loan up to 10x your monthly income or S$150,000, whichever is lower. You are required to be the beneficial owner and ultimately own or have effective control of the OCBC Savings Account. Now on the OCBC Mobile Banking app. It is not a contract of insurance or an offer to buy an insurance product or service. You can open an OCBC Securities account at any OCBC Bank branch. Make the 360 Account your first OCBC account. Invest effortlessly from just US$100. For instance, a cost of $2 per month will be incurred if the average daily balance for your OCBC 360 Account drops below $3,000. Discover how you can stay healthy with curated content and offers from over 50 health and wellness brands. It is also not meant to provide any insurance or financial advice. Make the 360 Account your first OCBC account Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. 2 Interest commencement date is set by university. If you decide that the policy is not suitable after purchasing it, you may terminate the policy in accordance with the free look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy. Visa Card Rewards, Terms and conditions governing Plus! Perk up your student journey with the FRANK Account and Debit Card – save for that overseas exchange and enjoy sweet deals all year round. If you choose not to seek advice from a financial advisor, you should consider whether the product is suitable for you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg). Now on the OCBC Mobile Banking app. Take your education further! Consult a doctor via video or in-clinic. FRANK Account is limited to two joint account holders. When you apply for the FRANK education loan, you will be asked if you wish to create a FRANK account. Achieve your goals with proper financial planning. This plan is not a bank deposit and OCBC Bank does not guarantee or have any obligations in connection with it. Visa Card Rewards Programme, Terms and conditions governing Plus! The world is your playground with your own OCBC Securities Online Trading Account. A penalty may be imposed for early plan termination and the new plan may cost more or have less benefits at the same cost. via Baby Bonus Online and choose OCBC CDA. Enjoy discounts with the OCBC Baby Bonus Card at more than 15 merchants, from celebrations, education or entertainment for your child. Information presented as at 14 February 2020. We will not be liable for any loss or damage arising directly or indirectly in connection with or as a result of you acting on the information in this document. 1Based on a Singapore citizen university student's tuition fee. ; If this is your first account with us, select I have none of the above and fill up your account application details. Explore your potential with the FRANK Education Loan! Deposit Accounts. Your child will automatically join the Baby Bonus Scheme upon birth registration and his OCBC CDA will be opened within 3-5 working days. Promotion ends on 31 March 2021. No. Make the 360 Account your first OCBC account Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. Both OCBC FRANK and OCBC Monthly Savings Account are available to you when you’re 16 years old. Make the 360 Account your first OCBC account Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account.