You're about to take on many exciting challenges. Frankly, you don't need to worry because FRANK helps you take better control of your financial independence so that you are well prepared to hit the ground running. Get a head start by crediting your pay to your FRANK Account.
What you'll get from a FRANK Account
- Higher interest rates of 0.2% p.a. to 0.4% p.a.+ on your savings (compared to 0.05% p.a. for a regular savings account). Interest rates are applicable for deposit amounts up to S$500,000.
- No initial deposit
- Lifetime annual fee waiver on FRANK Debit Card
Easy access to cash with over 1,200 ATMs islandwide#
For the first time in Singapore, you can check you bank balances with just your fingerprint. No login required, check if your pay is in or if you can afford the extra indulgence – securely, with a single touch.
Juggling all that newly earned money gets easy with
OCBC Money In$ights on OCBC Online and Mobile Banking:
- Automatically tracks your spending by category (i.e. dining, shopping, etc)
- Stop overspending by setting budgets
- Create sub-accounts to save for different purposes
- Sneak a peek at how others like you are managing their money
Important Notes
The Salary Crediting Promotion applies only to customers without prior salary credit arrangements with OCBC Bank.+Promotional interest rates are subject to change without prior notice.
#Based on a shared ATM network with UOB Bank.
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$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.