2.00% a year
Balances of RM200,000 and above
- 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.
- 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.
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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 -
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. -
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. -
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
