What is the interests like for the OCBC-NTUC Starter Account?

Hey Anon, to get the most out of your NTUC-OCBC Starter Account, you'll have to fulfill both of these criteria: (1) Credit your monthly salary of at least $1,000 and (2) Make 3 transactions on your NTUC Plus! Visa Card.

If you're able to fulfill both of the conditions above, you'll be able to earn 1% interest p.a on your first $500k deposit. Otherwise, it'll only be 0.10% interest p.a on your first $50k.

Alternatively, do consider other savings account from other banks which doesn't require salary credit, minimum deposit/spending etc., such as CIMB FastSaver and Singapura Finance Vivid Savings account. Incase you're worried of the credibility/reliability of the bank or savings account, please rest assured as it's all insured under SDIC for deposits up to $75k.