Ocbc Fixed Deposit
FIXED DEPOSIT RATE Note: Rates are indicative only. For more information on Fixed Deposit interest rates offered to non-residents and corporations, please call +603 8317 5000 (Personal Banking enquiries) or 13 (Business Banking enquiries).
- Well, a fixed deposit with OCBC might not be the best option. In fact, the OCBC 360 savings account can actually offer better interest rates if you use it right. With the OCBC 360 savings account, you can earn up to 1.8% bonus interest on your first $35,000.
- Fixed Deposit-i tenures are quoted in multiple of 1 month up to a period of 60 months. Account Statement Manage funds easily with monthly e-statements (if there is any activity for the month) that can be retrieved through OCBC Online Banking and/or delivered to your email address.
Both 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.
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
Ocbc Fixed Deposits
| 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
Ocbc Fixed Deposit Interest Rate
SGD Fixed Deposit promotional interest rate (applicable to deposits of Fresh Funds with a minimum amount of S$500）
Ocbc Fixed Deposit Rates
| 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 |
More Singapore Tips
Updated OCT 2020
OCBC Fixed Deposit Interest Rate
| Tenure(Months) | Board Rate (%) S$5,000 – S$20,000 | Board Rate (%) >S$20,000 – S$50,000 | Board Rate (%) >S$50,000 – S$99,999 | Board Rate (%) S$100,000 – S$249,999 | Board Rate (%) S$250,000 – S$499,999 | Board Rate (%) S$500,000 – S$999,999 |
| 1 to 2 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| 3 to 5 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| 6 to 8 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| 9 to 12 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| 13 to 14 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 |
| 15 | 1.25 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 |
| 16 to 24 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 |
| 36 | 1.55 | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 |
| 48 | 1.95 | 0.40 | NA | NA | NA | NA |
Ocbc Fixed Deposit
