Ocbc Fixed Deposit
Posted By admin On 06/07/22Both local banks in Singapore such as DBS, OCBC, and UOB and foreign banks provide a fixed deposit (or time deposit, time saving, whichever term you prefer). The interest rates depend on the tenure and the total amount you’d like to place for the fixed deposit.
OCBC Fixed Deposit at 1.55% (12 Months) The interest that you will earn if you place 100K in OCBC fixed deposit at 1.55% p.a. For 12 months is S$1,550.00.
Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited, and do not include funds in the form of OCBC Bank cheque/cashier’s order/demand drafts. The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. Earn Fixed Deposit rates without any restrictions. Interest rate up to 1.80% p.a. Fixed Deposit-i. Explore how you can benefit from our distinctive savings products here. By signing-up for an OCBC Al-Amin 360 Account-i, you’ll enjoy all the benefits of banking with OCBC Al-Amin along with a high-yield profit rate of 2.15% p.a right at your fingertips. OCBC FIXED DEPOSIT PROMOTION: 0.50% p.a. For (12-month) Minimum placement: S$20,000. Promotional rates End:NA. Source: Visit OCBC Bank.
Every bank has different tiered rates and more often than not these offers change frequently. So, instead of screen capturing those interest rates, we’ve collected the exact links too you can view a real-time interest rate at the top banks in Singapore.
When we say “top banks”, we mean “best interest rate” for the fixed deposit from our past observations. There’s no absolute winner here; if you’re serious for a fixed deposit soon, I suggest you visit these pages and do the quick comparison.
Fixed Deposit Interest Rates (Checklist)
We may not update the exact interests in time; so, always refer to these links as these banks usually provide good interest rates for the fixed deposit plans (Singapore Dollars; SGD) in Singapore:
- UOB: 0.7% for 12-month; 1.15% for 14-36 months
- OCBC: over a year 0.35%
- DBS: the best fixed deposit rate if you save for 18 months of less than S$50,000
- Maybank: 0.9% for 12-month; 1.15% for 24-month
- ICBC: 0.85%
- CIMB: 0.3% or 0.35% for S$100K and more
- Standard Chartered: 0.3% (online banking; minimum S$25K)
- HSBC: 0.3% (3 months)
UOB Fixed Deposit
e use of or reliance on the information provided herein.
| Deposit Range (% p.a) | Below S$50,000 | S$50,000 – S$249,999 | S$250,000 – S$499,999 | S$500,000 – S$999,999 |
| 1 Mth | 0.3000 | 0.3000 | 0.3000 | 0.3000 |
| 2 Mths | 0.3000 | 0.3000 | 0.3000 | 0.3000 |
| 3 Mths | 0.3000 | 0.3000 | 0.3000 | 0.3000 |
| 4 Mths | 0.3500 | 0.3500 | 0.3500 | 0.3500 |
| 5 Mths | 0.3500 | 0.3500 | 0.3500 | 0.3500 |
| 6 Mths | 0.3500 | 0.3500 | 0.3500 | 0.3500 |
| 7 Mths | 0.4000 | 0.4000 | 0.4000 | 0.4000 |
| 8 Mths | 0.4000 | 0.4000 | 0.4000 | 0.4000 |
| 9 Mths | 0.4000 | 0.4000 | 0.4000 | 0.4000 |
| 10 Mths | 0.4500 | 0.4500 | 0.4500 | 0.4500 |
| 11 Mths | 0.5500 | 0.5500 | 0.5500 | 0.5500 |
| 12 Mths | 0.7000 | 0.7000 | 0.7000 | 0.7000 |
| 13 Mths | 0.9000 | 0.9000 | 0.9000 | 0.9000 |
| 14 Mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 15 Mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 18 Mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 24 Mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
| 36 Mths | 1.1500 | 1.1500 | 1.1500 | 1.1500 |
OCBC Fixed Deposit
With effect from 6 June 2020, the interest rates for SGD Time Deposit with OCBC Bank will be revised as follows:
| S$5,000 – S$20,000 | >S$20,000 – S$50,000 | >S$50,000 – S$999,999 | ||||
| Tenure (months) | Prevailing rates (a year) | Rates from 6 June 2020 (a year) | Prevailing rates (a year) | Rates from 6 June 2020 (a year) | Prevailing rates (a year) | Rates from 6 June 2020 (a year) |
| 1 – 2 | 0.10% | 0.05% | 0.10% | 0.05% | 0.10% | 0.05% |
| 3 – 5 | 0.15% | 0.10% | 0.15% | 0.10% | 0.15% | 0.10% |
| 6 – 8 | 0.20% | 0.15% | 0.20% | 0.15% | 0.20% | 0.15% |
| 13 | 0.50% | 0.35% | 0.50% | 0.35% | 0.50% | 0.35% |
| 14 | 0.80% | 0.35% | 0.80% | 0.35% | 0.80% | 0.35% |
| 15 | 1.25% | same | 1.25% | 0.35% | 1.25% | 0.35% |
| 16 – 24 | 1.25% | 0.40% | 1.25% | 0.40% | 1.25% | 0.40% |
| 36 | 1.55% | same | 1.55% | 0.40% | 1.55% | 0.40% |
| 48 | 1.95% | same | 1.95% | 0.40% | NA | NA |
The revised rates will apply to new and renewed placements from 6 June 2020.
DBS Fixed Deposit
Effective Date: 17/07/2020
| Period | $1,000 – $9,999 | $10,000 – $19,999 | $20,000 – $49,999 | $50,000 – $99,999 | $100,000 – $249,999 | $250,000 – $499,999 | $500,000 – $999,999 |
|---|---|---|---|---|---|---|---|
| 1 mth | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 2 mths | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 3 mths | 0.1500 | 0.1500 | 0.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 4 mths | 0.1500 | 0.1500 | 0.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 5 mths | 0.1500 | 0.1500 | 0.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 6 mths | 0.2000 | 0.2000 | 0.2000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| 7 mths | 0.4000 | 0.4000 | 0.4000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| 8 mths | 0.6000 | 0.6000 | 0.6000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| 9 mths | 0.9500 | 0.9500 | 0.9500 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| 10 mths | 1.1000 | 1.1000 | 1.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| 11 mths | 1.1000 | 1.1000 | 1.1000 | 0.1000 | 0.1000 | 0.1000 | 0.1000 |
| 12 mths | 1.1500 | 1.1500 | 1.1500 | 0.1500 | 0.1500 | 0.1500 | 0.1500 |
| 18 mths | 1.3000 | 1.3000 | 1.3000 | 0.1500 | 0.1500 | 0.1500 | 0.1500 |
| 24 mths | 0.9000 | 0.9000 | 0.9000 | 0.1500 | 0.1500 | 0.1500 | 0.1500 |
| 36 mths | 0.8500 | 0.8500 | 0.8500 | 0.1500 | 0.1500 | 0.1500 | 0.1500 |
| 48 mths | 0.7500 | 0.7500 | 0.7500 | 0.1500 | 0.1500 | 0.1500 | 0.1500 |
| 60 mths | 0.7500 | 0.7500 | 0.7500 | 0.1500 | 0.1500 | 0.1500 | 0.1500 |
Interest rates are indicative. Rates apply to individual accounts only.
ICBC Fixed Deposit
SGD Fixed Deposit promotional interest rate (applicable to deposits of Fresh Funds with a minimum amount of S$500）
| SGD | Promotion Rates (for Fresh Funds) | |
| Over the Counter | Via E-Banking | |
| Tenor | SGD500& Above | SGD500& Above |
| 1 month | 0.25% | 0.30% |
| 3 months | 0.45% | 0.50% |
| 6 months | 0.55% | 0.60% |
| 9 months | 0.70% | 0.75% |
| 1 year | 0.80% | 0.85% |
CIMB SGD Fixed Deposit Rates
| Tenure (Months) | Board Rates (% p.a.) S$1,000 – $99,999 | Board Rates (% p.a.) S$100,000 & Above |
|---|---|---|
| 1* | 0.20 | 0.20 |
| 2* | 0.25 | 0.30 |
| 3 | 0.30 | 0.35 |
| 6 | 0.30 | 0.35 |
| 9 | 0.30 | 0.35 |
| 12 | 0.30 | 0.35 |
| 24 | 0.30 | 0.35 |