How different is the OCBC Booster Account from other savings account?.You need to be the primary account holder of OCBC Booster Account as well as the policy owner of the eligible insurance product or primary account holder of the eligible investment product.If you qualify for the wealth bonus more than once in the same month, you will enjoy the wealth bonus from the effective date of purchase of the latest eligible wealth product.The 2 MEPS withdrawal fee waiver is promotional and valid until 31 December 2024.Minimum sales charge for eligible unit trust investment is 2.75%.You will receive it by the 14th business day of the following month. The wealth bonus will be paid on the first RM50,000 of your account's average daily balance.Effective date refers to the inception date if the insurance product and trade date of unit trust.

The wealth bonus is accorded for 4 months after either (i) the free look / cancellation period ends: or (ii) 14 days after the effective days of purchase.Any pre-termination costs will be deducted from your deposit.To ensure that the product you purchase meets your financial needs, our Personal Financial Consultant will perform a Financial Needs Analysis with you in order to help you make and informed decision. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Exchange controls may be applicable from time to time to certain foreign currencies. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.įoreign Currency Deposits Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member.

Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law.

Ocbc premier banking fixed deposit rate