There is no lock-in period for this account. Can I use the money in my OCBC Booster Account?.Subsequently, if you maintain your account balance at or above RM30,000 between the 16th - 31st of the month, then your base interest accrued for this balance will be 2.15% p.a. will be accrued based on the days where your account balance falls below RM30,000.įor example: If you have maintained your account balance below RM30,000 between the 1st - 15th of the month, then your base interest accrued for this account balance will be 0.10% p.a. What will happen when my account balance falls below RM30,000?.No wealth bonus will be paid to your Booster Account if the total amount of bonus in such month is less than RM0.01. Wealth bonus: This interest is based on the first RM50,000 of your account's average daily balance and you will receive this by the 14th business day of the following month or earlier truncated to 2 decimal places.Base 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.You get 2 types of interest on your account balance every month. In addition, it rewards you with 'wealth' bonus interest when you do any of these: The OCBC Booster Account is a savings account that rewards you with a high base interest rate when you maintain an account balance of RM30,000 and above. 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.

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.

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