My Kid Savings Plan

Educate your kids to save for their future

Why you’ll love this:
Who can apply:

Why you’ll love this:

Benefit from special interest rates to grow savings

Start with an optional initial deposit for flexibility

Teach financial responsibility from a young age

Who can apply:

Children below 18

Parents looking to instil saving habits early

Families seeking a structured savings plan for kids

Apply now

Start saving early for your child to build a strong foundation for future success and turn big dreams into reality.

benefits

A savings passbook that brings money to life

Watch your child’s savings journey come alive with a bright, easy-to-read passbook. Every deposit, maturity date, interest rate, and total savings is clearly shown—helping them see progress and stay motivated.

Grow savings faster with a higher interest rate

My Kid Savings Plan offers a more attractive interest rate than regular HKD time deposits — so your child’s money can grow stronger and faster.

Start small, grow big

With monthly deposits starting from just HKD 500, it's easy to build a regular saving habit that fits your budget and sets your child up for long-term success.

Boost savings during special moments

Make the most of festive gifts—add optional deposits like red packet money during Lunar New Year and grow your child’s savings even more.

Choose a savings term that fits your goals

Select from flexible tenor options: 12, 18, 24, 36 or 48 months—whatever works best for your savings plan.

Effortless saving, every month

Enjoy hassle-free saving every month by setting up automatic deposits—no need to remember or queue at the branch.

Ready to start your child’s savings journey?

Visit any of our branches with your child’s original birth certificate and let their financial future begin today.

Rates

HKD Deposit Rates (% p.a.)

Overnight
1 Week
2 Week
1 Month
2 Month
3 Month

Deposit range	Overnight	1 Week	2 Week	1 Month	2 Month	3 Month
500,000 or above	0.0100	0.0100	0.0100	0.0100	0.0100	0.0100
Less than 500,000	0.0100	0.0100	0.0100	0.0100	0.0100	0.0100

Remarks
^*Please contact any of OCBC Bank Branches to enquire the interest rates.
The above information is for reference only. Please contact our branch for details.
Change of Hong Kong Dollar Savings Rate effective from 1 April 2021.

Before you apply

Eligibility requirements

Age

Children below 18

How to Apply

Visit any OCBC branch

Locate a branch

or call our hotline (852) 3199 9188.

Remarks

There is no upper limit on your optional initial deposit, but it should not be less than your monthly deposit amount.
Additional deposit per annum should not be less than the monthly deposit with a maximum of HKD 20,000 or 5 times of your monthly deposit, whichever is lower. The deposit should be made within 31 days from the first business day after the Lunar New Year.
The monthly deposit date or maturity date will be extended to the next business day if it falls on a bank holiday.