Premier Booster Account | OCBC Malaysia

OCBC PREMIER BOOSTER ACCOUNT

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 is eligible

Exclusively for clients of OCBC Premier Banking and OCBC Premier Private Client

Age 18 and above

Malaysian citizens, permanent residents and non-residents (subject to the country of origin)

OCBC Premier Booster Account 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 interest rate of 2.00% a year.

Account Balance
BASE INTEREST

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

For balances below RM200,000, an interest rate of 0.10% a year will be given.

Terms and conditions apply.

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.

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

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

Premier Booster Account

Terms and Conditions Governing Accounts

EN | BM

To become an OCBC Premier Banking client, you will need to have deposits and/or investments of RM300,000 or more with us.

OCBC Premier Banking and OCBC Premier Private Client Terms and Conditions

EN | BM

Phone and Electronic Mail Instruction Services Terms and Conditions

EN | BM


Important notices

Product Information Sheet

EN | BM

 
  1. 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.

PIDM disclosure


GET IN TOUCH

Give your wealth the distinct advantage

FAQS
Common questions
General
  1. How different is the OCBC Premier Booster Account from other savings account?

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

  2. How is the interest calculated?

    You get base interest on your account balance every month. Base interest 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 fall below RM200,000?

    The base interest of 0.10% per 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 interest accrued for this account balance will be 0.10% per 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 interest accrued for this balance will be 2.00% per year from the 16th - 31st of the month.

    Dates Account Balance Base interest accrued
    1-15 Aug RM180,000 0.10% per year
    16-31 Aug RM220,000 2.00% per year

     

  4. Can I open more than one OCBC Premier Booster Account?
    You may only open ONE OCBC Premier Booster Account 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?
    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.

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

    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