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OCBC Global Savings Account

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Summary

OCBC Global Savings Account

The OCBC Global Savings Account is a savings account that lets customers save in eight major currencies. This account also allows customers to earn up to 0.15% per annum on selected currencies. The base interest rate starts from 0.01% - 0.02% p.a. This multi-currency savings account is useful for people who often receive or transact money in foreign currencies

1) Key Features

  • Make transactions in 8 different currencies: AUD, CAD, CNH, EUR, GBP, NZD, USD, and HKD
  • No foreign currency transaction fee charged when using OCBC debit card
  • Earn up to 0.02% interest rate for AUD, NZD, and USD and 0.15% for CNH deposits
  • Enjoy instant account opening upon application via OCBC Mobile/Internet Banking, or any OCBC branches

2) Interest Rate

  • Base interest rate: 0.01%
  • Maximum interest rate: 0.25%

3) Eligibility

  • Age: 18 years old and above
  • Citizenship: Singaporean and PRs
  • Minimum initial deposit: $5,000 for AUD, CAD, CNH, EUR, GBP, NZD, and USD currencies, and $50,000 for HKD currency

4) Fees & Charges 

  • Minimum average account balance: $5,000 for AUD, CAD, CNH, EUR, GBP, NZD, and USD currencies, and$50,000 for HKD currency
  • Fall below fee: S$0
  • Monthly account fee: S$0

...see more

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Summary

OCBC Global Savings Account

The OCBC Global Savings Account is a savings account that lets customers save in eight major currencies. This account also allows customers to earn up to 0.15% per annum on selected currencies. The base interest rate starts from 0.01% - 0.02% p.a. This multi-currency savings account is useful for people who often receive or transact money in foreign currencies

1) Key Features

  • Make transactions in 8 different currencies: AUD, CAD, CNH, EUR, GBP, NZD, USD, and HKD
  • No foreign currency transaction fee charged when using OCBC debit card
  • Earn up to 0.02% interest rate for AUD, NZD, and USD and 0.15% for CNH deposits
  • Enjoy instant account opening upon application via OCBC Mobile/Internet Banking, or any OCBC branches

2) Interest Rate

  • Base interest rate: 0.01%
  • Maximum interest rate: 0.25%

3) Eligibility

  • Age: 18 years old and above
  • Citizenship: Singaporean and PRs
  • Minimum initial deposit: $5,000 for AUD, CAD, CNH, EUR, GBP, NZD, and USD currencies, and $50,000 for HKD currency

4) Fees & Charges 

  • Minimum average account balance: $5,000 for AUD, CAD, CNH, EUR, GBP, NZD, and USD currencies, and$50,000 for HKD currency
  • Fall below fee: S$0
  • Monthly account fee: S$0

...see more

OCBC Global Savings Account

Up to 0.15% p.a.
INTEREST RATES
$5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies
MIN. INITIAL DEPOSIT
$5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies
MIN. AVG DAILY BALANCE

OCBC Global Savings Account

Up to 0.15% p.a.

INTEREST RATES

$5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies

MIN. INITIAL DEPOSIT

$5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies

MIN. AVG DAILY BALANCE

Reviews (1)

4.0

1 Reviews

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      01 Apr 2020

      OCBC has several savings promotions of which is one that when you place a minimum of 10k you will get $85 NTUC vouchers for each 10k you place with the. I have got $170 NTUC vouchers in total for 20k placed in their savings account for 6 months for this promotion!

      0

      What are your thoughts?

    Discussions (0)

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      Popular Products

      Highest Interest Rates for OCBC Global Savings

      Currency

      First $100,000

      Next $250,000

      Next $650,000

      $1,000,000 and greater

      Australian Dollar

      (AUD)

      0.01%

      0.01%

      0.02%

      0.02%

      New Zealand Dollar
      (NZD)

      0.01%

      0.01%

      0.02%

      0.02%

      United States Dollar (USD)

      0.01%

      0.01%

      0.02%

      0.02%

      About OCBC Global Savings Account

      OCBC Global Savings Account gives customers the flexibility of saving and transacting in their preferred currency. It allows you can save and transact in up to 8 major currencies around the world, all from one savings account.

      Currencies Available:

      • Australian Dollar (AUD)
      • New Zealand Dollar (NZD)
      • United States Dollar (USD)
      • Chines Yuan Offshore (CNH)
      • Canadian Dollar (CAD)
      • Hong Kong Dollar (HKD)
      • Euro (EUR)
      • Pound Sterling (GBP)

      Each currency requires a different amount of initial deposit:

      • For AUD, CAD, CNH, EUR, GBP, NZD USD currencies : S$5,000
      • For HKD currency: S$50,000

      Minimum end balance required daily to earn interest rates:

      • $5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies
      • $50,000 for HKD currency

      Is OCBC Global Savings the Best Savings Account for you in 2022?

      • If you and transact in various foreign currencies, then this account might be more suitable for you as it allows you to earn some interest.
      • It can also help minimise your currency risks
      • Using this solely as a savings account for only a single currency is not beneficial as there are other savings accounts with better interest rates offered.

      Interested in other multi-currency facilities? Compare some of the best multi-currency cards here.

      Terms and Fees for OCBC Global Savings Account

      • Fall bellow fee: $0
      • Initial Deposit: $5,000 for AUD, CAD, CNH, EUR, GBP, NZD, USD currencies, and $50,000 for HKD currency
      • Minimum end balance required daily to earn interest rates: same as an initial deposit

      Eligibility: who can apply for OCBC Global?

      • Citizenship status: Singaporeans, PRs or foreigners residing in Singapore
      • Minimum age requirement: 18 years old

      How to apply for OCBC Global Savings Account?

      • Apply Online (via SingPass or without) on OCBC Global Savings' Website or Visit OCBC branches
      • Include any one of the following documents that show your residential address: Phone bill, Half-yearly CPF statement, Any bank statement

      Contact OCBC

      • Tel: 63633333
      • Address: OCBC Bank, 65 Chulia Street, #01-00, OCBC Centre, Singapore 049513

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.