2.35% per year
Balances of RM200,000 and above
Make your money work harder for you
OCBC Premier Booster Account/-i is an excellent savings account that will make your money work harder for you
HOW IT WORKS
Open an OCBC Premier Booster Account/-i and make your first deposit today.
For account balances of RM200,000 and above, enjoy higher interest/profit rate of 2.35% per year.
For balances below RM200,000, an interest/profit rate of 0.10% per year will be given.
For comparison, a 1-month Fixed Deposit/-i board rate is 2.55% per year as of 10 May 2023. The 4-month Effective Interest/Profit Rate for account balance of RM200,000 and qualifies for the Wealth Bonus on the first RM200,000 is 4.35% per year.
Terms and conditions apply.
How to earn wealth bonus
Enjoy wealth bonus of 2.00% per year for 4 months when you invest in any new eligible wealth product from OCBC of at least:
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Enjoy the flexibility to
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.
Access your cash from ATM
Gain access to your cash from ATMs within the MEPS network for free1.
Gain access to your cash from ATMs within the MEPS network for free1.
Request for a sweeping facility
Have the power to issue cheques conveniently.
Have the power to issue cheques conveniently.
1MEPS fee for the first 4 withdrawals of each month will be waived. Subsequent withdrawals will be charged.
INTEREST/PROFIT CALCULATOR
Discover how much interest/profit you can earn
Calculate your interest/profit
Investment or insurance/takaful product
Base rate1
0.00% a year
Base interest/profit per month
RM0.00
Wealth Bonus rate2
Up to first RM50,000 only
0.00% a year
Wealth Bonus rate per month
RM0.00
Here is how much interest/profit you earn
Total interest/profit per month
RM0.00
4-month effective interest/profit rate
0.00%
Disclaimer
The amount is calculated on per month (31 days) basis and is for illustration purposes only.
1Base interest/profit per month is calculated based on account daily balance and will be paid on monthly basis.
2Wealth bonus per month is calculated based on account average balance and will be paid on monthly basis.
The calculator is for your convenience only and you have chosen to use it and rely on any results at your own risk. OCBC Bank will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make as a result of using the calculator.
Before you apply
Terms and conditions
Premier Booster Account
To become an OCBC Premier Banking client, you will need to have deposits and/or investments of RM300,000 or more with us.
Important notices
- OCBC Premier Booster Account/-i is applicable to OCBC 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. You will need to have a OCBC Premier Booster Account/-i to enjoy the wealth bonus.
- OCBC Stabiliser and ARIP-i are not eligible for the wealth bonus.
- The wealth bonus is accorded after either (i) the free look/cancellation period ends; or (ii) 14 days after the effective date of purchase, whichever is later. Effective date refers to the inception date of the insurance/takaful product and trade date of Unit Trust/-i.
- You will receive your wealth bonus by the 14th business day of the following month.
- The minimum sales charge for eligible Unit Trust/-i investments is 2.75% for lump sum investment below RM80,000 and 2.25% for lump sum investment of RM80,000 and above.
- You will need to be the primary account holder of the OCBC Premier Booster Account/-i as well as the policy owner of the eligible insurance product or primary account holder of the eligible investment product.
- To ensure that the products purchased meets your financial needs, your Relationship Manager will perform a Financial Needs Analysis with you in order to help you make an informed decision.
PIDM disclosure
This deposit is protected by PIDM up to RM250,000 for each depositor. Learn more
- 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.
Find out more on OCBC Premier Booster Account
Find out more on OCBC Premier Booster Account-i
GET IN TOUCH
Give your wealth the distinct advantage
or visit us at an OCBC Premier Centre
Insurance Disclaimer
The above is for general information only and does not constitute any offer or solicitation or advice to buy or sell any insurance plans. It is not a contract of insurance. The precise terms, conditions and definitions of this insurance plan are specified in the policy contract. Insurance plans are not bank deposits and are not obligations of or guaranteed or insured by OCBC Bank (Malaysia) Berhad ("OCBC Bank"). These insurance products are obligations only of the insurance company and all claims and liabilities arising from the insurance products shall be referred to insurance company.
Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and surrender value payable may be less than the total premium paid. You should read the Product Brochure and Sales Illustration (obtainable from OCBC Bank) and you may wish to seek advice from your financial advisor, before deciding whether to buy this product.
OCBC Bank 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 insurance company. OCBC Bank does not endorse or recommend any products or services offered, or represent or verify any information given by insurance company. Other terms and conditions apply. For the full terms and conditions, please refer to any OCBC Bank branches.
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 Disclaimer
This is for information only and does not constitute any offer, solicitation or advice to buy or sell unit trust funds. Please make your own independent evaluation of the suitability of the product and obtain advice from professional advisers including on tax, accounting and legal matters. We will not be responsible for the consequences of your reliance upon any opinion or statement contained herein or for any omission. These unit trusts are not bank deposits and are not obligations of or guaranteed or insured by OCBC Bank and are subject to investment risk unless otherwise specified. The investment risk includes general risks and specific risks as described in the Prospectus for the unit trust. Past performance is not indicative of future performance; the net asset value can go up or down. Investors should also note that the net asset value per unit and distributions payable, if any, may go down as well as up. The Prospectus has been registered with the Securities Commission, which takes no responsibility for its content. A copy of the Prospectus can be obtained at OCBC Bank's branches. Units will only be issued upon the receipt of application form referred to and accompanying the Prospectus. Investors are advised to read and understand the contents of the Prospectus, and if necessary consult their adviser(s), as well as consider the fees and charges involved before investing in the unit trusts.
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.