ETFs
OCBC promo: Earn S$50 cash by investing S$300 monthly (March 2023)
21 Mar 2023
What happened?
We shared earlier that a regular savings plan (RSP) is a simple and smart way to start investing.
As a reward for getting you started, OCBC is currently offering $50 for the first 200 customers who invest $300 or more monthly for 3 consecutive months using their Blue Chip Investment Plan (BCIP).
To qualify, you can invest in any of the following Nikko Asset Management ETFs:
- Nikko AM Singapore STI ETF (G3B)
- Nikko AM SGD Investment Grade Corporate Bond ETF (MBH)
- Nikko AM-ICBCSG China Bond ETF (ZHS)
Click here to find out more about each of these ETFs that are eligible for the promo.
The promotion ends on 31st March 2023, so read on to find out how it works.
What is the OCBC Blue Chip Investment Plan (BCIP)?
The OCBC Blue Chip Investment Plan (BCIP) is a regular savings plan (RSP) that allows you invest consistently in Singapore listed shares and ETFs.
With as little as $100 per month, you will be able to start your investing journey with a hassle-free way.
By using the dollar cost averaging (DCA) method, you will be able to remove the stress of timing your market entry.
Who is eligible for the OCBC Blue Chip Investment Plan (BCIP)?
- Singaporean, Singapore PR or foreigner residing in Singapore (not applicable to U.S. Persons, e.g. citizen of U.S. or Green Card holder, EU resident or person residing within the EEA)
- Single account holder above 18 years old
- Parent or legal guardian above 18 years old and child below 18 years old for joint account holders
What are the fees for the OCBC Blue Chip Investment Plan (BCIP)?
For new customers who are below 30 years old, you will be able to enjoy a flat rate of 0.88% of the total investment amount when buying stocks and ETFs through the OCBC BCIP.
How do I qualify for the OCBC BCIP March Promo?
You can register your interest for the promo here.
The promotion is limited to the first 200 customers who do not hold any investments in the ETFs listed above in their BCIP account for the last 12 months.
Read the full terms and conditions here.
What would Beansprout do?
To start on the OCBC BCIP, find out more about what a regular savings plan is and how it works here.