SMARTSAVERS ACCOUNT-i

Earn profit when you save monthly without withdrawing

Why you will love this

Choose your monthly deposit amount

Get profit rates of 0.85% or 1.25% a year when you make no withdrawals within the month

Get a base profit rate of 0.05% a year with any withdrawal in the month

Who can apply

Age 18 and above

Malaysian Citizens, Permanent Residents and Non-residents (subject to the country of origin)

A flexible plan to grow your savings even more with up to 1.25% in profit a year by saving regularly and with no withdrawals.

HOW IT WORKS


*Corresponding profit rate will apply to the total balance in the SmartSavers Account-i subject to total cumulative deposits amount made by the customer into their SmartSavers Account-i for every calendar month and any withdrawals from the SmartSavers Account-i made every calendar month.

The profit rates for this account are subject to revision in tandem with general direction of profit rates. Profit is calculated daily and will be credited at the end of each month.

EASY WAY TO ACCESS AND MANAGE YOUR MONEY
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Track your money

 

View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking.

Find out more

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Easy payments and transfers

 

Pay bills and transfer funds to accounts within OCBC, or to other banks’ accounts via MEPS interbank GIRO.

Find out more

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Wide network of ATMs nationwide

 

OCBC ATM cards are accepted at all MEPS ATMs. Withdrawals can be performed at no charge at all OCBC ATMs.

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Global access

 

Make withdrawals at over 1,000 OCBC ATMs in Malaysia and at Visa PLUS ATMs anywhere in the world.

More on ATM services

BEFORE YOU APPLY

Eligibility requirements

Minimum age
18 and above
Nationality
Malaysian Citizens, Permanent Residents and Non-residents (subject to the country of origin)
Documents required
Identity card or passport

Deposit requirements

Initial deposit
RM200
Minimum balance to maintain in account
RM20
(Any transactions resulting in the balance falling below minimum balance shall be rejected).


Important notices

Note: SmartSavers Account-i, SmartSavers Junior Account-i and iQ SmartSavers Account-i are collectively offered under the OCBC Al-Amin SmartSavers Plan-i


PIDM Disclosure

This deposit is protected by PIDM up to RM250,000 for each depositor.

    • Deposit protection is automatic.

    • PIDM protects depositors holding deposits with banks.

    • There is no charge to depositors for deposit insurance protection.

    • Should a bank fail, PIDM will promptly reimburse depositors over their deposits.

For more information, refer to PIDM's DIS Brochures that are available at our counters or go to the website at www.pidm.gov.my.


or visit us at a branch.


Find a branch near you