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Looking for a simple way to park spare cash with a fixed return? 💰
Bank of China Singapore is offering SGD Personal Time Deposit promotional rates for new placements made through BOC Mobile Banking 📱. The promotion runs from 29 Jun 2026 with rates of up to 1.50% p.a. for selected longer tenors.
A minimum placement of just S$500 applies, making this a lower-entry fixed deposit option for anyone who prefers a predictable return and can leave funds untouched until maturity. Before confirming a placement, check the tenor, interest rate, maturity date, funding account and amount carefully in the BOC Mobile Banking App 👀.
Compared with the earlier 22 Jun 2026 update, the 1, 2, 3/5, 6 and 9-month SGD rates are unchanged, while the 12-month tenor rises from 1.45% p.a. to 1.50% p.a. and the 18/24-month tenors rise from 1.40% p.a. to 1.50% p.a. 💹.
✨ Key highlights
- Bank: Bank of China Singapore
- Promotion: SGD Personal Time Deposit Promotion
- Highest displayed promo rate: Up to 1.50% p.a.
- Minimum placement: S$500
- Placement channel: BOC Mobile Banking only 📲
- Placement type: New placement
- Promotion period: 29 Jun 2026 to 5 Jul 2026
- Deposit insurance: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured 🛡️
📊 BOC Mobile Banking promo rates for new SGD placements
| Tenor | Minimum amount | Interest rate (% p.a.) |
|---|---|---|
| 1 month | S$500 | 1.10 |
| 2 months | 1.20 | |
| 3/5 months | 1.35 | |
| 6 months | 1.45 | |
| 9 months | 1.45 | |
| 12 months | 1.50 | |
| 18 months | 1.50 | |
| 24 months | 1.50 |
📝 Things to know before placing
- Mobile banking only: Promotional rates apply to new SGD time deposit placements made via the BOC Mobile Banking App.
- Account requirement: A BOC Savings Account or Current Account is needed to place a time deposit through mobile banking.
- Mobile banking access: Access to BOC Mobile Banking is required for app placements. Registration can be done through BOC Personal Online Banking or at a BOC branch.
- Eligibility: SGD Time Deposit applicants must be at least 15 years old. Eligible applicants include Singapore Citizens, Permanent Residents and foreigners with a valid pass.
- Personal customers only: Promotional rates are indicative and apply to personal banking customers.
- Rate at placement: The applicable promotional rate is the rate displayed at the point of placement.
- Overnight placement timing: For placements made between 12am and 6am, displayed rates are indicative and subject to change. Actual rates are confirmed on BOC’s website and mobile app after 6am ⏰.
- Rate discrepancy handling: If BOC’s official website rates differ from rates available through mobile banking or at the counter, the mobile banking or counter rates prevail.
- Liquidity planning: Set aside only funds that can remain in the time deposit until maturity, as premature withdrawal may result in lower interest or loss of interest ⚠️.
- Final checks: Confirm the tenor, amount, interest rate, maturity date and account details before proceeding ✅.
- Terms apply: Final eligibility, placement conditions and prevailing bank requirements apply.
📱 How to place a BOC mobile time deposit
- Open the BOC Mobile Banking App and log in securely.
- Go to the time deposit placement function in the app.
- Select SGD, choose the preferred tenor and enter the placement amount.
- Review the displayed interest rate, maturity date, funding account and terms carefully.
- Confirm the placement only after all details are correct.
🔗 Useful links
For rate checks, use the official BOC promotion rates listing and the rate displayed in BOC Mobile Banking before placing funds. Rates can change between weekly updates, so confirm the interest rate, tenor and maturity details in the app before completing the placement ✅.
For mobile banking help, see the official BOC Mobile Banking FAQ and official BOC Mobile Banking App download page. For product and eligibility details, refer to the official Time Deposit Account page. For broader market comparisons, explore this Singapore deposit rates guide. For outlet details, visit the official branches page, or call +65 6779 5566 for non-card enquiries.
🏦 BOC Singapore branch locations
BOC Singapore locations include Main Branch at Bank of China Building; Marine Parade Wealth Management Centre at Parkway Parade (by appointment only); Chinatown at Furama City Centre; North at BOC Plaza; Tampines at Tampines 1; Jurong East at Westgate; Woodlands at Causeway Point; Toa Payoh; Bedok at Bedok Mall; Punggol at Waterway Point; Tiong Bahru at Tiong Bahru Plaza; and Ang Mo Kio at AMK Hub. Check the official branches page before heading down, as all branches are closed on Sundays and public holidays, and queue number issuance may end earlier during busy periods.
Overall, this short BOC Singapore promotion may suit depositors looking for a modest fixed return with a low minimum placement through mobile banking. Compare available tenors, liquidity needs and other deposit options before locking in funds 💹.
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