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OCBC Premier Dividend+ Savings Account

 

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Min. Deposit
$100,000

Interest Rate
up to 1.10%

Review on OCBC Premier Dividend+ Savings Account

Pros
High savings account interest rate

Cons
Low 0.05% p.a. base interest rate
Low 0.25% p.a. bonus interest for monthly deposit
Bonus interest rate of 0.80% p.a. only applicable with no withdrawals

 

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Details

Minimum initial deposit of $100,000

Minimum average daily balance of $0

 

Interest Computation

Interest
Base Interest 0.05% p.a.
Deposit $2,000 monthly 0.25% p.a.
No Withdrawals 0.80% p.a.
Total 1.10% p.a.

All funds in the Premier Dividend+ Savings Account enjoy a monthly base interest of 0.05% p.a. If therer are no withdrawals and a deposit of minimum of $2,000 is made monthly, the monthly interest rate will be 1.10% p.a. the month. If you withdraw within the month. you will receive the base interest rate of 0.05% p.a.

 

Click here to go to OCBC website for more details

 

 

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