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OCBC Bank’s revised fixed deposit (FD) promotion takes effect on 1 Sep 2025
OCBC Bank Singapore has updated its fixed deposit interest rates, giving customers the chance to enjoy predictable, guaranteed returns on their savings. Depending on the chosen tenor and application method, rates now go up to 1.15% p.a., with options available for both branch and online placements.
This latest revision marks a step down from the 1.35% p.a. promotion on 12 Aug 2025.
Key Placement Details
- Minimum placement: S$20,000
- Maximum placement: S$5,000,000 (at branches) and S$999,999 (online).
- For deposits above S$1 million, customers are advised to call 1800 363 3333 or visit an OCBC branch.
- Note: This promotion is not valid for deposits via Supplementary Retirement Scheme (SRS) funds.
Fixed Deposit Rates (As of 1 Sep 2025)
Here are the prevailing rates by placement channel:
| Currency | Tenure (months) | Banking type | Promotion interest rate a year | Minimum placement amount | Apply via |
|---|---|---|---|---|---|
| Singapore Dollar | 9 | Branch | 1.10% | S$20,000 | Any OCBC Branch |
| 12 | 1.10% | ||||
| Singapore Dollar | 9 | Online | 1.15% | S$20,000 | Internet Banking |
| 12 | 1.15% |
How to Apply
- Online: Apply through the OCBC Fixed Deposit Account portal.
- In-branch: Visit any OCBC branch and speak with a customer service officer.
For those considering other options, check out this comparison guide to explore current fixed deposit promotions across banks in Singapore.
While OCBC’s revised fixed deposit rates represent a slight dip compared to earlier offers, they remain competitive for savers who prioritise capital protection and guaranteed interest. With online applications offering the best rates at 1.15% p.a., this promotion continues to be a reliable option for conservative investors seeking stability amidst market uncertainty.
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