Base Interest | Wealth Bonus | ||
2.25
%
p.a.
Balances of RM200,000 and above
|
1.20
%
p.a.
On the first RM50,000, RM200,000 or RM500,000 of your account balance for 4 months depending on the qualifying amount of selected investment or insurance.
|
||
2.40
%
p.a.
Balances of RM3 million and above
|
|||
2.60
%
p.a.
Balances of RM10 million and above
|
For balances below RM200,000, an interest rate of 0.10% p.a. will be given.
For comparison, a 1-month Fixed Deposit board rate is 2.30% p.a. as of 9 November 2022.
The 4-month Effective Interest Rate for account balance of RM200,000 and qualifies for the Wealth Bonus on the first RM200,000 is 3.45% p.a.
Terms and conditions apply.
Base Interest | Wealth Bonus | ||
2.25
%
p.a.
Balances of RM200,000 and above
|
1.20
%
p.a.
On the first RM50,000, RM200,000 or RM500,000 of your account balance for 4 months depending on the qualifying amount of selected investment or insurance.
|
||
2.40
%
p.a.
Balances of RM3 million and above
|
|||
2.60
%
p.a.
Balances of RM10 million and above
|
For balances below RM200,000, an interest rate of 0.10% p.a. will be given.
For comparison, a 1-month Fixed Deposit board rate is 2.30% p.a. as of 9 November 2022.
The 4-month Effective Interest Rate for account balance of RM200,000 and qualifies for the Wealth Bonus on the first RM200,000 is 3.45% p.a.
Terms and conditions apply.
Wealth bonus applicable on the first | |||
RM50,000 | RM200,000 | RM500,000 | |
Regular premium insurance starting from |
RM6,000 for first year annual premium |
RM20,000 for first year annual premium |
RM50,000 for first year annual premium |
Single premium insurance starting from | N/A | RM100,000 | RM200,000 |
Unit Trust lump sum investment starting from | RM20,000 | RM80,000 | RM200,000 |
Enjoy the wealth bonus of 1.20% p.a. for 4 months when you invest in any new eligible wealth product from OCBC of at least:
● Base rate of 0.10% p.a. Balance below RM 200,000
● Base rate of 2.25% p.a. Balances of RM200,000 and above
● Base rate of 2.40% p.a. Balances of RM3 million and above
● Base rate of 2.60% p.a. Balances of RM10 million and above
Dates | Account balance | Base interest accrued |
1-15 Aug | RM180,000 | 0.10% p.a. |
16-31 Aug | RM220,000 | 2.25% p.a. |
Effective Date of purchase | Date after free look/cancellation period or 14 days after Effective Date of purchase | First month of wealth bonus |
1 January | 15 January | January (Wealth bonus will be credited in February) |
20 January | 3 February | February (Wealth bonus will be credited in March) |
Effective Date | Date after free look/ cancellation period or 14 days after Effective Date of purchase | Total investment amount | Qualify for wealth bonus? | Wealth Bonus is applicable to the… |
5 January 2021 RM5,000 lump sum investment in Unit Trust in Fund A with 2.75% sales charge |
19 January 2021 | RM20,000 lump sum Unit Trust investment with 2.75% sales charge |
Yes
Effective dates for both purchases after cancellation period or 14 days whichever later, fall in the same calendar month. |
First RM50,000 average daily balance |
15 January 2021 RM15,000 lump sum investment in Unit Trust Fund B with 2.75% sales charge |
29 January 2021 | |||
5 January 2021 RM5,000 lump sum investment in Unit Trust in Fund A with 2.75% sales charge |
19 January 2021 | RM20,000 lump sum Unit Trust investment with 2.75% sales charge |
No Effective dates for both purchases after cancellation period or 14 days whichever later, do not fall in the same calendar month. |
Not applicable |
28 January 2021 RM15,000 lump sum investment in Unit Trust Fund B with 2.75% sales charge |
11 February 2021 |
Effective Date | Total investment amount | Qualify for wealth bonus? | Wealth Bonus is applicable to the… |
5 January 2021 RM50,000 lump sum investment in Fund A with 2.25% sales charge |
RM80,000 lump sum Unit Trust investment with 2.25% sales charge | Yes | First RM200,000 average daily balance |
15 January 2021 RM30,000 lump sum investment in Fund B with 2.25% sales charge |
|||
5 January 2020 RM6,000 Regular Premium Endowment Plan A |
RM 20,000 first year annual premium | Yes | First RM200,000 average daily balance |
15 January 2020 RM14,000 Regular Premium Endowment Plan B |
|||
5 January 2020 RM100,000 Single Premium Plan A |
RM200,000 single premium | Yes | First RM500,000 average daily balance |
15 January 2020 RM100,000 Single Premium Plan B |
Effective Date | Total investment amount | Qualify for wealth bonus? | Wealth Bonus is applicable to the… |
5 January 2021 RM70,000 lump sum investment in Fund A with 2.25% sales charge |
RM85,000 lump sum Unit Trust investment with different sales charge |
Yes Both purchases in total fulfilled the minimum eligible criteria of RM80k with min sales charge 2.25%. |
First RM200,000 average daily balance |
15 January 2021 RM15,000 lump sum investment in Fund B with 2.75% sales charge |
|||
5 January 2021 RM150,000 lump sum investment in Fund A with 2.25% sales charge |
RM290,000 lump sum Unit Trust investment with different sales charge |
Yes Both purchases in total fulfilled the minimum eligible criteria of RM200k with min sales charge 2.25%. |
First RM500,000 average daily balance |
15 January 2021 RM140,000 lump sum investment in Fund B with 2.75% sales charge |
|||
5 January 2021 RM10,000 lump sum investment in Fund A with 2.25% sales charge |
RM25,000 lump sum Unit Trust investment with different sales charge |
No Sales charge for Fund A must be a minimum of 2.75% to be recognised as total eligible investment. |
Not applicable |
15 January 2021 RM15,000 lump sum investment in Fund B with 2.75% sales charge |
|||
5 January 2021 RM2,000 Regular Premium Endowment Plan A |
RM7,000 combination total wealth products |
No Each wealth product purchased does not meet the minimum eligibility criteria. |
Not applicable |
15 January 2021 RM5,000 lump sum investment in Fund B with 2.75% sales charge |
Effective Date | Wealth Purchases | Wealth Bonus is applicable to the… |
1 January 2021 | RM20,000 lump sum investment in Fund A with 2.75% sales charge | First RM50,000 average daily balance from January to April 2021 |
3 March 2021 | RM100,000 Single Premium Plan B | First RM200,000 average daily balance from March to June 2021 |
Effective Date | Wealth Purchases | Wealth Bonus is applicable to the… |
1 January 2021 | RM200,000 lump sum investment in Fund A with 2.75% sales charge | RM200,000 average daily account balance for 4 months from January 2021 to April 2021 |
1 March 2021 | RM100,000 Single Premium Plan B | First RM50,000 average daily account balance for 4 months from March 2021 to June 2021 |
Eligible wealth product | Wealth bonus earned |
Regular/Single premium insurance |
4 months for eligible wealth products purchased from 18 December 2020 onwards |
Unit Trust lump sum investment |
Terms and Conditions Governing the OCBC Premier Booster Account EN BM
Product Information Sheet EN BM
Wealth Bonus Appendix for OCBC Premier Booster Account EN BM
Protected by PIDM up to RM250,000 for each depositor
Important Notice for Insurance
We understand the need to limit your movements to areas closer to home, hence from now until 30 April 2020, OCBC will absorb the RM1 fee for cash withdrawals at other Bank’s ATMs so you can get home quickly and safely.
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You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .
You are leaving the OCBC website. The OCBC privacy policy ceases to apply at third party websites. You are advised to read the privacy policy of third party websites. We wish to remind you of our Conditions of Access and Security & Privacy .