seems like a promo rate until 31 December 2015. read here

furthermore, you only need to deposit RM50 each month to "activate" the 4.00% p.a. rate, unlike traditional smartsavers which need RM1k to activate 3.05% p.a. rate

There's a yearly withdrawal limit of RM25k implies that this is not for short term investment.

Ha ha ha, you really know how to express yourself ! Watchout that the Mxx (MIB ??) will go after you

it's not. after 31 December, the rate goes back to 0.5% p.a. ... unless of course, OCBC introduce another promo rate that addon to the base rate of 0.5% p.a.

note: This account has a maximum withdrawal limit of RM25k per calendar year and no limit on deposits. Please visit any OCBC branch to remove this withdrawal restriction (to have unlimited transaction limit).

Does it mean we can remove the withdrawal over the counter any time this year?

that's what the FAQ written. you should read it.

Maybe you should look at it from another angle, if you did not calculate and assumed BR would pay you as promised, you would have been cheated.

And not first time BR have not paid you what they promised, previously you had to ask them to pay you the monthly dividend right?

Seriously Bro, if it was me I would be pissed off me time and would not give them any business..... then again I would never put my money in BR anyway, hahaha.

This post has been edited by Gen-X: Jun 26 2015, 12:29 AM

like this must monitor blood pressure also
Somehow u reminded me of "Uncle Scrooge" counting pennies late into the night.

Bad year for Ah Boom. Have problem with SCB, BR and what else ? Watchout on your blood pressure, there are aunties (and uncles ??) out there still waiting for you

Several people in this forum is doing that, counting and counting late into the nite, Ah Boom included. Except did not see his late post recently.

If you are looking for a savings account with high interest rate that allows withdrawal without affecting the rate, you can consider TRUE Savings account from AmBank, 2.8% p.a limited to 3 withdrawals a month. Check out this thread for more info: -

True by AmBank



Is this e-SmartSavers account applicable to Double Savings Deal where 50% fund goes to 3-months FD & 50% goes into the SmartSavers account? I don't think so, right? Since this one is online-based but I was wondering since it is SmartSavers account too. Anyone can confirm this? Thank you.

Not applicable as that one must open with branch. I was just at OCBC to open that FD promo today and asked about that.

yes, i'm aware of TRUE Savings by Ambank, i wasnt looking for options to open new savings account. i only share the news of OCBC e-SmartSavers account only.

Thanks.

Actually, the message was in reply to Ramjade. Btw, thanks for sharing the news about e-SmartSavers.

thanks for sharing too cheers!

Updated T&C:

7) I am holding a SmartSavers account. Can I open this e-SmartSavers account?
Yes, you can apply for it online.

dude, thats a great news

haha yeah, i'm trying to open an account now, but the stupid page to create a Savings account points to opening Fixed Deposit ...

now on hold talking to OCBC customer service about this buggy page

How about the interest rate of the OCBC SmartSavers after December 2015? until further notice?

SmartSavers is the traditional savings account. no change.

e-SmartSavers is the online savings account, promo rate 4.00% p.a. until 31 December. After the end of promo, the promo rate shall no longer apply and the board rates for OCBC SmartSavers Account will apply.

hi all,

the ocbc online banking page (logged in) only shows option for smartsavers....no e-smartsavers... is it hidden elsewhere?