PREMIER BOOSTER ACCOUNT-i

You are never idle.
So why should your wealth be?

Why you will love this

Earn up to 2.00% a year for account balances of RM200,000 and above

No lock-in period and withdrawal penalty

Who can apply

Exclusively for OCBC Premier Banking clients only

Age 18 and above

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

OCBC Premier Booster Account-i is an excellent savings account that will make your money work harder for you.

HOW IT WORKS

For account balances of RM200,000 and above, enjoy higher profit rate of 2.00% a year.

Account Balance
BASE PROFIT

2.00% a year
Balances of RM200,000 and above

2.20% a year
Balances of RM3 million and above

2.60% a year
Balances of RM10 million and above

Terms and conditions apply.

ENJOY THE FLEXIBILITY TO
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Withdraw your funds at any time

Enjoy the freedom of withdrawing funds without penalty, as there is no holding period.

Enjoy the freedom of withdrawing funds without penalty, as there is no holding period.

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Access your cash from ATM

Gain access to your cash from ATMs within the MEPS network.

Gain access to your cash from ATMs within the MEPS network.

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Request for a sweeping facility

Have the power to issue cheques conveniently.

Have the power to issue cheques conveniently.

Before you apply

Terms and conditions


Important notices


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.


Get in touch

Give your wealth the distinct advantage.

FAQ

Common Questions

General
  1. How different is the OCBC Premier Booster Account-i from other savings account?

    The OCBC Premier Booster Account-i is a savings account exclusively for Premier Banking members that rewards you with a high base profit rate based on your balances.

  2. 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.

  3. What will happen when my account balance falls below RM200,000?

    The base profit of 0.10% a year will be accrued based on the days where your account balance falls below RM200,000.

    For example:

    If you have maintained your account balance below RM200,000 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 RM200,000 between the 16th - 31st of the month, then your base profit accrued for this balance will be 2.00% a year from the 16th - 31st of the month.

    Dates Account balance Base profit accrued
    1-15 Aug RM180,000 0.10% a year.
    16-31 Aug RM220,000 2.00% a year.
  4. Can I open more than one OCBC Premier Booster Account-i?

    You may only open ONE OCBC Premier Booster Account-i whether in own name or in joint names, where you are the primary account holder.

  5. Can I use the money in my OCBC Premier Booster Account-i?

    Yes, you can. There is no lock-in period for this account. You can withdraw money with a debit card-i and/or access your money through OCBC Online Banking.

  6. Where can I withdraw money from my OCBC Premier Booster Account-i?

    You can withdraw money from any ATM operated by OCBC Group, comprising of OCBC Bank in Malaysia & Singapore, OCBC Al-Amin, OCBC NISP (Indonesia) and OCBC Wing Hang (Hong Kong and Macau) at no charge.

    You can also withdraw from any ATM within the MEPS network.

    For the latest fees and charges, please click here

Important notes

  1. OCBC Premier Booster Account-i is applicable to OCBC Al-Amin Premier Banking members only and all applicants must be at least 18 years old to apply. The minimum opening amount is RM200,000 and a minimum balance of RM20 must be maintained in the account.