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Bank of China (BOC) Singapore has refreshed its Personal SGD Time Deposit (Fixed Deposit) promotional rates for new placements via the BOC Mobile Banking App 📱, effective 16 Feb 2026.
For cash that should remain stable with predictable returns, this structure stays useful for short-to-medium planning horizons 😊. Rates are fixed at placement, helping with clearer cashflow planning and lower volatility versus market-linked instruments ✅.
Against the previous revision on 2 Feb 2026, the 12-month tier with S$500 minimum has improved to 1.35% p.a. (previously 1.32% p.a.) 📈. The highest published rate remains 1.40% p.a. for the 12-month S$200,000 tier 🎯.
At a glance 👀
- Top published promo rate: 1.40% p.a. (12 months, S$200,000 minimum) 🚀.
- Lower minimum path: up to 1.35% p.a. with S$500 minimum (selected tenors) 🙂.
- Placement channel: BOC Mobile Banking App only, under New Placement 📱.
- Minimum placement: mostly S$500; one 12-month tier requires S$200,000 💵.
- Tenor note: a dash indicates no published promo rate for that tenor ⏬.
Note: If website and app/counter rates differ, app/counter rates prevail
BOC Personal SGD Time Deposit promo rates (New Placement) 📊
Rates below are annualised. Final interest received depends on placement amount and actual day count to maturity 🧮.
| Currency | Tenor | Mobile Banking Promo Rates (New Placement) | |
|---|---|---|---|
| Minimum Amount | Interest Rates (% p.a.) | ||
| SGD | 1 month | SGD 500 | 1.15 |
| 2 months | 1.20 | ||
| 3 months | 1.30 | ||
| 4 months | – | ||
| 5 months | 1.30 | ||
| 6 months | 1.35 | ||
| 9 months | 1.20 | ||
| 12 months | SGD 500 | 1.35 | |
| SGD 200,000 | 1.40 | ||
Practical notes before placement ✅
- App-only + new placement: promo rates are stated for new placements via mobile app; other channels may differ 🔍.
- Eligible account: a BOC Savings or Current Account is required for funding the placement.
- Rate lock point: final applicable rate is the one shown at confirmation screen at booking time 👀.
- Early withdrawal: premature break may result in reduced or zero interest, and charges may apply under bank terms ⚠️.
- Laddering option: splitting funds across multiple maturities (for example 3/6/12 months) can balance liquidity and yield 🪜.
- Funding check: keep sufficient balance in linked account to avoid failed placement attempts ⚡.
How placement is typically done in the app 📱
- Log in to BOC Mobile Banking App.
- Select Time Deposit, choose SGD, then preferred tenor.
- Enter amount (generally S$500 minimum; or S$200,000 for the 12-month 1.40% tier) ✅.
- Review displayed rate, maturity date, and early-withdrawal terms carefully 👓.
- Confirm placement to complete 🎉.
For wider market comparison, refer to this updated guide 😊. Official details are available on the BOC Singapore website and branch information via the BOC Branch Locator 🙂.
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