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OCBC Bank Singapore is offering an enticing opportunity for customers to secure higher returns on their savings with its latest fixed deposit promotion, boasting interest rates of up to 2.9% per annum.
UPDATE 5 Aug: OCBC Bank Singapore Offers Up To 2.9% p.a. In Latest Fixed Deposit Rates From 5 Aug 2024
Update 4 July: The branch deposit rate has increased to 2.50% from 2.30%
Update 23 July: 12-mth rates have dropped by 0.1% and 8-mth tenure is no longer offered
This promotion, available from 3 July 2024, is designed to provide peace of mind and lucrative gains for investors.
The competitive rates cater to tenures ranging from 6 to 12 months, giving customers flexibility and convenience. Whether you prefer online banking or visiting a branch, OCBC Bank ensures a seamless experience for all.
Rates as of 23 July
Below is a detailed breakdown of the rates and tenures available under this promotion:
| Currency | Tenure (months) | Banking type | Promotion interest rate a year | Minimum placement amount | Apply via |
|---|---|---|---|---|---|
| Singapore Dollar | 6 | Branch | 2.50% | S$30,000 | Any OCBC Branch |
| 12 | Branch | 2.40% | S$30,000 | Any OCBC Branch | |
| Singapore Dollar | 6 | Online | 2.90% | S$30,000 | Internet Banking |
| 12 | Online | 2.80% | S$30,000 | Internet Banking |
To qualify for these rates, a minimum placement of S$30,000 is required. The maximum placement amount is capped at S$999,999. For deposits exceeding S$1 million, customers are advised to contact OCBC directly at 1800 363 3333 or visit any OCBC Bank branch. Note that this promotion is not available for Supplementary Retirement Scheme (SRS) funds.
How to Apply
Interested individuals can apply for this promotion by visiting the OCBC Bank Fixed Deposit Account page. For those exploring various fixed deposit options, more information can be found here.
Don’t miss out on this limited-time offer to enhance your savings with OCBC Bank’s attractive fixed deposit rates!
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