SMARTSAVERs ACCOUNT
Earn interest when you save monthly without withdrawing
A flexible plan to grow your savings even more with up to 1.25% in interest a year by saving regularly and with no withdrawals.
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*Corresponding interest rate will apply to the total balance in the SmartSavers Account subject to total cumulative deposits amount made by the customer into their SmartSavers Account for every calendar month and any withdrawals from the SmartSavers Account made every calendar month.
The interest rates for this account are subject to revision in tandem with general direction of interest rates. Interest is calculated daily and will be credited at the end of each month.
Track your money
View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking.
Easy payments and transfers
Pay bills and transfer funds to accounts within OCBC, or to other banks' accounts via MEPS interbank GIRO.
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.
Global access
Make withdrawals at over 1,000 OCBC ATMs in Malaysia and at Visa PLUS ATMs anywhere in the world.
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)
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.