OCBC’s current fresh-funds promotion is a short fixed-maintenance offer, not the account’s ordinary ongoing rate.
The key sequence is deposit first, register second and leave the qualifying incremental amount intact for 88 days. A withdrawal that cuts the incremental balance can remove the bonus even if the closing account balance still looks high.
Offer Snapshot
- Merchant or issuer: OCBC Bank.
- Offer: Get rolling with bigger savings at 1.50% a year.
- Validity: Deposit fresh funds and register by 31 July 2026; qualifying funds are earmarked for 88 days.
- Eligible products or payment methods: Eligible OCBC Passbook Savings, Statement Savings, SmartParent, EasiSave, Monthly Savings, Premier Statement Savings and Premier EasiSave accounts; Fresh funds from outside OCBC; S$50,000 to S$3,000,000 of incremental fresh funds.
- Value: 1.45% p.a. bonus interest; 0.05% p.a. base interest; 1.50% p.a. total interest for 88 days; Illustrative bonus on S$50,000: S$174.79.
How To Use It
- Deposit at least S$50,000 of fresh funds into an eligible account
- Submit the promotion e-form after the deposit
- Complete both deposit and registration by 31 July 2026
- Maintain the earmarked qualifying amount for 88 days without reducing it below the required incremental balance
Spend, Caps And Exclusions
- Minimum qualifying incremental fresh funds: S$50,000
- Funds must be incremental to the last 30 days’ day-end balance and must not be recycled from OCBC withdrawals
- The qualifying amount must stay earmarked for 88 days
- Bonus interest applies from S$50,000 up to S$3,000,000
- Total rate is 1.50% p.a., comprising 0.05% base and 1.45% bonus interest
- Transfers from existing OCBC accounts are not fresh funds
- Money withdrawn within 30 days before or during the promotion and redeposited does not qualify
- Falling below the qualifying incremental amount can disqualify the bonus interest
When The Reward Arrives
- Deposits made by 15 July are scheduled to be earmarked by 3 August 2026
- Deposits from 16 to 31 July are scheduled to be earmarked by 17 August 2026
- Bonus interest is scheduled to be paid by 30 November 2026
