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.



23-year-old self-taught photographer, Yik Keat, is an example of a Goal Digger — from a humble iPhone, he worked hard to save up for his first DSLR, and achieved his goal of becoming a freelance professional photographer.

Be a Goal Digger. Get smart, work hard. Plan your financial goals to get there and let your money work harder for you with FRANK Savings Account — up to 4 times the interest rate of regular savings accounts and Savings Goal feature to help you stay on track.

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!


Exclusive for New FRANK Cardmembers

For new FRANK Debit Cardmembers, get an all-access Tiong Bahru Card from now till 30 April 2019. Enjoy up to 20% off at all participating merchants in Tiong Bahru area. T&Cs apply.

Saving Goals

Set Your Saving Goals

Meeting them shouldn't be overwhelming. Minimise your saving efforts with "mini" accounts that act as saving jars to separate your spending cash from your savings cash.

But don't let them tie you down

Set your budgets

With Money In$ights, we're all about spending, but 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

Apply online

For Singaporeans and Singapore PRs only

(For 16-25 years old)

Account is opened immediately with MyInfo

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