OCBC FRANK Account
This product is managed by OCBC Bank.
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OCBC FRANK is a simple "stash-and-park" type of Savings Account, suitable for students or individuals with no income.
The base interest rate per annum for OCBC FRANK savings account is 0.05% p.a. The highest possible interest rate accruable goes up to 0.20% p.a. (previously 0.40% ). To be eligible for the bonus interest rates on top of the base, account holders should save up to a maximum of S$50,000 total in their FRANK account.
As of 2 May 2020, OCBC has revised their interest rates for FRANK Savings Account, the changes will be further explained in the section below
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OCBC will be charging its revised rates for OCBC FRANK Savings Account from 2 May 2020. This change will affect the range of total account balance and interest rates for the highest tier balance amount.
OCBC FRANK Newest Interest Rates for 2021
All these changes are illustrated in the table below
FRANK Account Interest Rates
Amount above S$50,000
Contact us at [email protected] should you require any assistance or spot any inaccuracies.