OCBC Fixed Deposit

 

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Min. Deposit
$20,000

Interest Rate
up to 1.40%

Review on OCBC Fixed Deposit

Pros
Local bank with many branches

Cons
None

 

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Details

12 mths
$20k & above 1.40% p.a.

Promotional interest rate of 1.40% p.a. for 12-month Singapore Dollar Time Deposits Promotion is valid for deposits of $20,000 – $999,999

The placement amount must be in fresh funds only (i.e. the fund must not be transferred from existing OCBC Bank deposit accounts or in the form of OCBC cheques/cashiers' order/demand drafts)

Different periods of up to 36 months available at other rates

 

Click here to go to OCBC website for more details

 

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Reviews or Comments (4)

Ave. Rating:
3/5 (7)
Topic: OCBC Fixed Deposit Review
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Joey
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Jul 2018
Joey says...

hi , may i know still have 24 month promotion? what is the rate for 24 month?

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Senior
Money Lobang
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69
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1
Sep 2014
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Money Lobang says...

Hi,

OCBC has dropped the promotional rates for OCBC 24 mths Fixed Deposit and has replaced it with board rates of 0.55% p.a. instead

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Ling
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0
0
Jun 2018
Ling says...

Foor 1.5 % per annum fixed deposit 24 months , may I know the promotion period? Also what is the rate for 36 months placed over $50k?

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Senior
Money Lobang
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Sep 2014
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Money Lobang says...

The 24 months fixed deposit is valid for a limited time period and is subject to change by OCBC Bank at its sole discretion. However, the promotion has been ongoing for a while and OCBC is unlikely to lower the interest rate in the near future.

There is no promotional rate for 36 months tenor and as such it will follow broad rates of 0.65% p.a.

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Geok Bee Tan
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0
0
Apr 2017
Geok Bee Tan says...

Just called the staff from OCBC. Understand they will be offering a higher promotion FD rate of 1.0% pa with effect from tomorrow, 07-Apr-2017.

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Senior
Money Lobang
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Sep 2014
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Money Lobang says...

Thank you for the notification. The rates will be updated accordingly.

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