Your base rate will be based on your balances. You get two types of interest on your account balance every month.īase interest: This interest is accrued daily based on your account's day-end balance and you will receive this at the end of the month. In addition, it rewards you with wealth bonus when you invest or insure with OCBC. The OCBC Premier Booster Account is a savings account exclusively for Premier Banking members that rewards you with a high base interest rate based on your balances.

How different is the OCBC Premier Booster Account from other savings account?.

To ensure that the products purchased meets your financial needs, your Relationship Manager will perform a Financial Needs Analysis with you in order to help you make an informed decision.

You will need to be the primary account holder of the OCBC Premier Booster Account as well as the policy owner of the eligible insurance product or primary account holder of the eligible investment product.The minimum sales charge for eligible Unit Trust investments is 2.75% for lump sum investment below RM80,000 and 2.25% for lump sum investment of RM80,000 and above.

You will receive your wealth bonus by the 14th business day of the following month.

Effective date refers to the inception date of the insurance product and trade date of Unit Trust.

The wealth bonus is accorded after either (i) the free look/cancellation period ends or (ii) 14 days after the effective date of purchase, whichever is later.

OCBC Stabiliser and ARIP-i are not eligible for the wealth bonus.

You will need to have a OCBC Premier Booster Account to enjoy the wealth bonus. The minimum opening amount is RM200,000 and a minimum balance of RM20 must be maintained in the account.

OCBC Premier Booster Account is applicable to OCBC Premier Banking members only and all applicants must be at least 18 years old to apply.

Wealth Bonus Appendix for Premier Booster Account (BM)

Ocbc fixed deposit rate 2021