OCBC National Day 2022 Promotion

OCBC National Day 2022 Promotion

Looking for OCBC National Day 2022 Promotion? Well, I hate to disappoint you but there is no National Day Fixed Deposit promotions unlike past years whereby some banks offer high interest rates to celebrate National Day.

The good news is that OCBC has another promotion that I like to share with you. This year in the month of August 2022, you will get S$105 cash reward for every S$10,000 fresh funds deposited with OCBC. The deposited funds must be withheld by OCBC Bank for a period of 6 months from the date of deposit.

The promotion is only applicable to the following OCBC accounts

  • OCBC Passbook Savings Account
  • OCBC Statement Savings Account
  • SmartParent Account
  • Easisave Account
  • OCBC Monthly Savings Account
  • Premier Statement Savings Account
  • Premier Easisave

How the Rewards Works?

There is no limit to how much base rewards you can earn. Bonus rewards are awarded only once and will be based on the deposit amount in a single deposit.

Withdrawal of the deposited funds before the end of the 6-month period will be subjected to OCBC’s right to debit fees (including the value of the cash rewards and administrative fees).

Please read the Terms and Conditions carefully.

TierDeposit AmountRewards
BaseS$10,000S$105 (base reward)
Tier 1S$200,000S$2,100 base reward + S$250 bonus reward
Tier 2S$500,000S$5,250 base reward + S$1,000 bonus reward

OCBC National Day 2022 Promotion

Before I end off, I just want to highlight that this is not a sponsored post. I am like everyone of you out there trying to make my hard earned monies work harder by finding good places to park them.

If this Fresh Funds placement is not for you, then you can consider this month’s issue of Singapore Savings Bonds (SBSEP22 GX22090Z) that offers you 2.8% per annum if you hold it for 10 years.

I wish Singapore a Happy National Day and may we continue to prosper!

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