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Local bank with many branches
Low FD interest rates
Higher interest rates only for Premier customers or 2 year tenure
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OCBC Fixed Deposit Interest Rates
| 12 months | 24 months | |
|---|---|---|
| $20k & above | 0.55% p.a. | 1.28% p.a. |
Promotional interest rate of 0.55% p.a. for 12-month Singapore Dollar Time Deposits Promotion is valid for deposits of $20,000 – $999,999
Promotional interest rate of 1.28% p.a. for 24-month Singapore Dollar Time Deposits Promotion is valid for deposits of $20,000 – $999,999
Premier customers can receive 0.60% p.a. for 12-month Singapore Dollar Time Deposits with minimum deposit of $50,000
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 fixed deposit promotion details
Click here to go to OCBC website for Premier customer fixed deposit promotion details
OCBC Fixed Deposit Rates Historical Chart
* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $75,000 and 3 to 18 months tenure
OCBC current highest fixed deposit rate is 0.55% p.a. for 12 months tenure with minimum deposit of $20,000.
The current highest fixed deposit rate is a OCBC fixed deposit promotional rate
The current Money Lobang National Average Fixed Deposit Rates for May 2022 is 0.93% p.a.
The average monthly highest fixed deposit rate for OCBC since 2018 is 0.95% p.a.
OCBC runs fixed deposit promotional campaigns every month
There are several current and savings accounts in Singapore that offer a higher interest rate...
What are the best and highest interest rates for deposits in Singapore?
