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Anonymous

04 Apr 2021

βˆ™

Saving Hacks

Which OCBC savings account would you recommend?

I am looking to set aside a fixed percentage of my salary into a savings account. Would appreciate POVs on which of the following OCBC savings accounts would serve me best:

  • Monthly Savings Account
  • EasiSave
  • Statement Savings Account

Thanks in advance!

Discussion (1)

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Zac

04 Apr 2021

Noob at Idiots Invest

If you're not going to touch it at all, you can take a look at their Bonus+ Savings Account, with the following features:

  • Earn up to 0.40% a year on your total account balance

  • Receive 0.15% a year if you do not make any withdrawals

  • Get an additional 0.25% a year when you save at least S$500 each month

Otherwise, consider the OCBC 360 Account as it offers more liquidity. You can earn 0.40% by salary credit and saving $500 a month. You don't have to stress about not making withdrawals to earn an extra 0.15%.​​​

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