| Starts | 20 Oct 2025 (Mon) | Ends | 26 Oct 2025 (Sun) |
|---|---|---|---|
| Location | Not Specified |
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Revised Fixed Deposit Promotional Rates from 20 Oct 2025
Bank of China (BOC) Singapore has refreshed its personal fixed deposit (FD) promotional rates, effective 20 Oct 2025. Customers can enjoy returns of up to 1.4% per annum (p.a.), a timely offer for savers who prefer short- to mid-term tenors in Singapore’s current rate environment.
According to the bank’s latest update, this is a slight upward adjustment versus the previous revision on 13 October 2025. The offer is exclusively for new time deposit placements via the BOC Mobile Banking App, rewarding digital-first customers with convenience and promotional pricing 💰.
At a glance (SGD Time Deposits)
- Promo window: 20 October to 26 October 2025 (inclusive).
- Top rate: up to 1.4% p.a. (see table for tenor-specific rates).
- Channels: BOC Mobile Banking App only (new placements).
- Minimum placement: From S$500 for most short tenors; selected tiers at S$40,000 (see table).
- Currency: SGD time deposits.
- Eligibility: Personal customers; an existing BOC Savings or Current Account is required for placement.
- Insurance: Deposits are typically protected under SDIC where eligible. Always check in-app before placing.
📊 Updated BOC SGD Time Deposit Rates (Effective 20 Oct 2025)
Here are the latest promotional rates for SGD Time Deposits placed through the BOC Mobile Banking App:
| Currency | Tenor | Mobile Banking Promo Rates (New Placement) * | |
|---|---|---|---|
| Minimum Amount | Interest Rates (% p.a.) | ||
| SGD | 1 month | S$500 | 1.20 |
| 2 months | 1.20 | ||
| 3 months | 1.40 | ||
| 4 months | – | ||
| 5 months | S$40,000 | 1.35 | |
| S$500 | 1.30 | ||
| 6 months | S$40,000 | 1.35 | |
| S$500 | 1.30 | ||
| 9 months | S$40,000 | 1.25 | |
| S$500 | 1.20 | ||
| 12 months | S$40,000 | 1.20 | |
| S$500 | 1.15 | ||
*All interest rates are indicative and may be revised at the bank’s discretion without prior notice.
Key terms & highlights
- Channel restriction: Mobile Banking Promo Rates apply to New Placement via BOC Mobile Banking APP only. A Savings or Current Account is required.
- Promo period: Personal Time Deposit Promotion rate is effective from 20 October to 26 October 2025.
- Early withdrawal: Premature withdrawal may result in reduced or no interest.
- Applicability: Indicative rates for personal customers only; the final applicable rate is the rate at the point of placement.
- Rate precedence: If there is a discrepancy between rates shown on the BOC website and those in-app or at the counter, the rates offered through mobile banking or at the counter shall prevail.
- Copyright: Content may not be reproduced in whole or in part without prior consent from Bank of China.
Who might benefit from this promo?
- Short-term planners who want a 3-month parking place at up to 1.4% p.a.
- Conservative savers who prefer fixed returns over market volatility.
- Digital-first customers who can place and track deposits entirely via mobile.
Simple interest illustrations (indicative)
- 3 months at 1.40% p.a. on S$20,000: interest ≈ S$20,000 × 1.40% × (3/12) = S$70.
- 6 months at 1.35% p.a. (S$40,000 tier) on S$40,000: interest ≈ S$40,000 × 1.35% × (6/12) = S$270.
Figures are for illustration only and exclude any bank fees or conditions. Actual crediting is at maturity unless stated otherwise in-app.
How to apply (BOC Mobile Banking App)
- Log in to the BOC Mobile Banking App.
- Go to “Time Deposit” > choose SGD and select the preferred tenor.
- Enter the placement amount (note the S$500 or S$40,000 minimums per the table).
- Review the promo rate, maturity date and any early-withdrawal terms.
- Confirm placement to complete the paperless process ✅.
Compare and learn more
To review how this stacks up against other banks’ promos, see this updated guide. For official details, visit the BOC Singapore website, or locate a branch via the BOC Branch Locator.
For the week-long window from 20 to 26 October 2025, BOC’s refreshed mobile-only FD promo delivers up to 1.4% p.a. with low entry amounts from S$500, and higher-rate tiers for S$40,000 placements. Savers seeking a short to mid-term, fuss-free option can consider the 3- or 6-month tenors, place fully in-app, and compare against other banks before committing. 👍
Disclaimer: Information is accurate as of 20 Oct 2025 and subject to change without notice. Customers should verify the latest terms directly with Bank of China (Singapore).
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