- How different is the OCBC Booster Account-i from other savings account?
The OCBC Booster Account-i is a savings account that rewards you with a high base profit rate when you maintain an account balance of RM30,000 and above.
- How is the profit calculated?
You get base profit on your account balance every month. Base profit is accrued daily based on your account's day-end balance and you will receive this at the end of the month
- What will happen when my account balance falls below RM30,000?
The Base Profit of 0.10% a year will be accrued based on the days where your account balance falls below RM30,000.
For example: If you have maintained your account balance below RM30,000 between the 1st - 15th of the month, then your base profit accrued for this account balance will be 0.10% a year from 1st - 15th of the month. Subsequently, if you maintain your account balance at or above RM30,000 between the 16th - 31st of the month, then your base profit accrued for this balance will be 1.80% a year from the 16th - 31st of the month.
Dates Account balance Base profit accrued 1-15 Aug RM28,000 0.10% a year 16-31 Aug RM32,000 1.80% a year - Can I open more than ONE Booster Account-i?
You may only open ONE OCBC Booster Account-i whether in own name or in joint names, where you are the primary account holder.
- If I have multiple Booster accounts-i, which account will my wealth bonus be paid to?
The wealth bonus will be paid to the account with the higher bonus amount. In the event the wealth bonus amount is the same for several accounts, then the wealth bonus will be paid to the account with the largest account number.
- Can I use the money in my OCBC Booster Account-i?
Yes, you can. There is no lock-in period for this account. You can withdraw money with a debit card and/or access your money through OCBC Online Banking.
- Where can I withdraw money from my OCBC Booster Account-i?
You can withdraw money from any ATM operated by OCBC Group, comprising of OCBC Bank in Malaysia & Singapore, OCBC Al-Amin Bank, OCBC NISP (Indonesia) and OCBC Wing Hang (Hong Kong and Macau) at no charges.
You can also withdraw from any ATM within the MEPS network.
For the latest fees and charges, please click here
BOOSTER ACCOUNT-i
Fast-track the path to your desired lifestyle. Earn up to 1.80% p.a.
Kick start your wealth journey today.
Enjoy up to 1.80% maximum profit a year on your savings with no lock-in period.
1.80%
a year
Base profit
On your entire account when you maintain a balance of at least RM30,000.
On your entire account when you maintain a balance of at least RM30,000.
Eligibility requirements
Deposit requirements
(Any transactions resulting in the balance falling below minimum balance shall be rejected).
Statements
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.
Takaful Disclaimer
The above is for general information only and does not constitute any offer or solicitation or advice to buy or sell any Takaful plan. It is not a contract of Takaful. The precise terms, conditions and definitions of this Takaful plan are specified in the certificates. Takaful plans are not bank deposits and are not obligations of or guaranteed or insured by OCBC Al Amin Bank Berhad. These Takaful products are obligations only of the Takaful company and all claims and liabilities arising from the Takaful products shall be referred to Takaful company.
Buying a Takaful plan is a long-term commitment. An early termination of the certificate usually involves high costs and surrender value payable may be less than the total contribution paid. You should read the Product Brochure and Benefit Illustration (obtainable from OCBC Al Amin Bank Berhad) and you may wish to seek advice from your financial advisor, before deciding whether to buy this product.
OCBC Al Amin Bank Berhad hereby disclaims any liability for any loss or damage (including without limitation, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties) howsoever arising whether in contract, tort, negligence or otherwise in connection with the above plan or any products or services provided or offered by Takaful company. OCBC Al Amin Bank Berhad does not endorse or recommend any products or services offered, or represent or verify any information given by Takaful company. Other terms and conditions apply. For the full terms and conditions, please refer to any OCBC Al Amin Bank Berhad branches.
Unit Trust-i Disclaimer
A copy of the prospectus of the unit trust funds is available and may be obtained from OCBC Al-Amin Bank branches, the Fund Manager, or any of its approved distributors. Potential investors should read the prospectus for details on the unit trust funds before deciding whether to subscribe for or purchase units in the unit trust funds. The value of the units in the unit trust funds and the income accruing to the units, if any, may fall or rise. The investment objective and policies of each of the unit trust funds are stated in the relevant prospectus. Investors may wish to seek advice from a financial adviser before making a commitment to purchase the unit trust funds. In the event that an investor chooses not to seek advice from a financial adviser, he should consider whether the unit trust funds in question are suitable for him. No representation or warranty whatsoever (including without limitation any representation or warranty as to accuracy, usefulness, adequacy, timeliness or completeness) in respect of any information (including without limitation any statement, figures, opinion, view or estimate) provided herein is given by OCBC Al-Amin Bank and it should not be relied upon as such. OCBC Al-Amin Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice. OCBC Al-Amin Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein.
Open your OCBC Booster Account-i today.
or visit us at a branch near you.Locate a branch
For new customers
If you don't have an existing OCBC Al-Amin account, fill in your details to get us to contact you.
For OCBC customers
If you have Internet Banking access with us, you can log in to OCBC Internet Banking and apply with just a few clicks.
Common Questions