OCBC Mega Save Promotion

OCBC has launched another series of FD promotion, the Mega Save Promotion, from 1st July until 30th September 2013. The promotion consists of 6 products and is open to individual customers.

The promotion details are summarized in the table below:

No	Product	FD Tenure	Interest Rate	Eligibility
1	Save Together Deal (Joint)	13-month	3.70% p.a.	Min RM 10000 placement and max RM 500000 deposit.
2	Save Solo Deal	12-month	3.40% p.a.	Min RM 10000 placement and max RM 1000000 deposit.
3	Investment Deal	3-month	4.00% p.a.	Purchase any one or more of the selected OCBC Investment products.
4	Savings Deal	3-month	4.50% p.a.	Min RM 10000 placement and max RM 1000000 deposit, with 50% of equivalent amount place in CASA.
5	Premier Bank Deal	3-month	5.50% p.a.	Premier Banking customer with 3 Product Holding where 1 of the products must be non-deposit Wealth product.

There's another promotion on foreign currency time deposits. Eligible customers can enjoy additional 5.00% p.a. interest rate for 1-month tenure for the selected currencies as below:

Currency	Prevailing Board Rates (27th May 2013)	Promotional Rates (Additional 5.00% p.a.)
Australia Dollar (AUD)	2.25% p.a.	7.25% p.a.
New Zealand Dollar (NZD)	1.84% p.a.	6.84% p.a.
British Pound (GBP)	0.14% p.a.	5.14% p.a.
Singapore Dollar (SGD)	0.09% p.a.	5.09% p.a.
United States Dollar (USD)	0.00% p.a.	5.00% p.a.
Chinese Yuan (CNY)	0.50% p.a.	5.50% p.a.
Canadian Dollar (CAD)	0.12% p.a.	5.12% p.a.
Japanese Yen (JPY)	0.02% p.a.	5.02% p.a.
Euro Currency (EUR)	0.00% p.a.	5.00% p.a.

The Mega Save Promotion is almost similar to the previous promotion with the add on of foreign currency time deposits product. The only difference is that the minimum deposit amount is increased from RM 5000 to RM 10000.