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.



Interested to get the FRANK Account and Debit Card? Find us at the following locations:

  • SMU Fringe: SMU, Li Ka shing Library (Opposite Koufu), from 6th to 15th Jan 2020
  • NYP Open House: NYP, Blk A (escalator up to Level 2, outside Food Connect), from 9th to 11th Jan 2020
  • RP Grad Night: Republic Polytechnic , 9 Woodlands Ave 9, Singapore 738964, from 29th to 31st Jan 2020


Online Sign Up Promotion

S$10 Cash Credit

Skip the queue! Enjoy S$10 Cash credit when you apply for the FRANK Account and FRANK Debit Card via MyInfo.

Promotion valid till 20 April 2020.

T&Cs apply.

Learn more
FRANK Store Sign Up


Get a free FRANK Debit Card design worth up to S$30 when you sign up for the FRANK Account and FRANK Debit Card at any FRANK Store

Promotion valid till 30th April 2020.

Find A Store

Learn more
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

Valid for Singaporean and Singapore PRs age 16 to 25 years old.

Apply via MyInfo Instantly with your SingPass.

Don’t have a singpass account yet ? Don’t Worry! We got you covered :

  1. Register for your SingPass account here.
  2. Apply via our online form and get your account in 5 working days.

FRANK Account is opened with a default FRANK Debit Card

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.