ICBC Step-Up Fixed Deposit

ICBC Step-Up Fixed Deposit Interest Rates

	Month	Interest
1	3	0.15% p.a.
2	6	0.30% p.a.
3	9	0.50% p.a.
4	12	1.05% p.a.
Average		0.50% p.a.

Effective interest rates of up to 0.50% interest p.a. for 12 months step-up fixed deposit

Interest rates increase every 3 months giving higher returns

Minimum deposit of SGD5,000 for 12 months step-up fixed deposit

No penalty for pre-matured withdrawal of fixed deposit; For withdraw before maturity, you will be paid the full interest for completed cycle plus number of completed days in current cycle using previous cycle rate

	Month	Interest
1	6	0.20% p.a.
2	12	0.45% p.a.
3	18	0.60% p.a.
4	24	0.75% p.a.
Average		0.50% p.a.

Effective interest rates of up to 0.50% interest p.a. for 24 months step-up fixed deposit

Interest rates increase every 6 months giving higher returns

Minimum deposit of SGD5,000 for 24 months step-up fixed deposit

For withdrawal before maturity, you will be paid full interest for all completed cycles. For incomplete cycle, you will be paid interest rate using the previous cycle multiply by the number of completed days in the current cycle . If early withdrawal happens in the first cycle, you will be paid the prevailing current account interest rate as there is no completed previous cycle.

Click here to go to ICBC website for more details

ICBC Step-Up Fixed Deposit Rates Historical Chart

* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $100,000 and 3 to 18 months tenure

ICBC current highest fixed deposit rate is 3.50% p.a. for 3 months tenure with minimum deposit of $500. See ICBC fixed deposit for more details

The current highest fixed deposit rate is a ICBC fixed deposit promotional rate

The current Money Lobang National Average Fixed Deposit Rates for December 2024 is 2.71% p.a.

The average monthly highest fixed deposit rate for ICBC since 2018 is 2.04% p.a.

ICBC runs fixed deposit promotional campaigns every month