Home of making money and sense

Deposit Account

FRANK Account

Simple, thoughtful and stylish - a deposit account suited for students!

  • Interest rates of up to 0.4% per year
  • No initial deposit and minimum balance requirement if you are below 26 years old 

A way of life, that's what saving should be.

We've got brilliant-looking cards and equally brilliant tools to help you save for the life you want.



Win 2x Cathay Pacific return tickets to Tokyo or Taipei in our #FRANKTravels giveaway each month!

New to FRANK? Enjoy S$10 cash credit when you apply for the FRANK Account and FRANK Debit Card online via MyInfo or at any FRANK Stores.

Contest runs from 1st December 2019 to 31st January 2020.

T&Cs apply.

Interest Rates

We've got higher interest than regular savings accounts

When it comes to savings, you can't deposit excuses.

For balances above S$500,000, there will be no interest given because we believe that your money can work harder with other higher-yielding OCBC accounts.

Card Designs

What's your personality?

120 unique designs for 120 different personalities. Find a card design to go with your FRANK Account!

Saving Goals That Don't Tie You Down

Set Your Saving Goals & Budgets

Minimize your saving efforts with "mini" accounts that act as saving jars to separate your spending cash from your savings cash. On top of that, Money In$ights help you spend with a peace of mind.

contactless payment

stay ahead of the curve

Just tap and go on public transport, movies, purchases, meals and more with mobile payments and Visa payWave!

Before you apply

Eligibility & Fees

To get an account:
  • You need to be 16 years old and above.
  • No initial deposit is needed.
  • No minimum income is required.
  • No monthly service fees if you are below 26 years old. 

If you are 26 years old and above, there is a monthly service fee of S$2 if your average daily balance for the month is less than S$1,000.

Basics should be simple, just like this account

How to get your FRANK Account

Instant Account opening will undergo maintenance to improve your online banking experience. Thank you for your patience.

Apply online via MyInfo

For Singaporeans and Singapore PRs only (For 16-25 years old)

FRANK Account is opened immediately with MyInfo. A default FRANK Debit Card will be issued.

Visit a FRANK Store

Visit any FRANK Store and let our FRANK Ambassadors guide you through the sign up process. 

What do I need to prepare

For Singaporean/Singapore PR:

If existing OCBC customer

  1. NRIC only


If non-existing OCBC customer

  1. Your NRIC
  2. (Only if mailing in application form) Original Singapore phone bill/bank statement/utilities bill within the last 3 months showing residential address OR income tax notice of assessment
For foreigner residing in Singapore:

If existing OCBC customer:

  1. Passport with 6 months validity
  2. Valid student/long term/employment pass


If non-existing OCBC customer:

  1. Passport with 6 months validity
  2. Valid student/long term/employment pass
  3. Last 3 months documents showing residential address OR Income tax notice of assessment

Frequently Asked Questions:

For more Frequently Asked Questions, click here.