facebookShould I apply for the Plus! Saving Account (OCBC), & cancel my FRANK account? - Seedly

Alcander Seow

Environmental Engineer Minor in Business at Nanyang Technological University

28 Jun 2020

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Saving Hacks

Should I apply for the Plus! Saving Account (OCBC), & cancel my FRANK account?

Currently have an OCBC FRANK acc, found out about this OCBC Plus! Savings Account from Dollar & Sense article about "4 Banking Accounts In Singapore With No Monthly Fall-Below Fees You Should Know About". Did anyone get experience on it? Suitable for a 19 Y/O student to apply? They said no monthly service fee, but at the start got a fee & charges of $24/year for debit card.

Discussion (3)

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Tan Wei Ming

28 Jun 2020

Founder and Writer at Frugal Youth Invests

Honestly, you are better off with Singlife account and Jumpstart account. Both of them come with a debit card.

I use OCBC to deposit funds but all of my monies are in either Singlife or Jumpstart.

I'm using a Frank acc too and from what i rmb, as long as you're below 26, there's no monthly service fee and no daily avg balance to hit.

Check your frank account. Moat likely no monthlh fall below fee also. I have been holding on to my f...

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