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Revised Fixed Deposit Promotional Rates from 3 Nov 2025 💵
Bank of China (BOC) Singapore has refreshed its personal fixed deposit (FD) promotional board, effective 3 Nov 2025. Savers can now enjoy returns of up to 1.4% per annum (p.a.) on SGD time deposits when placing via the BOC Mobile Banking App.
This is a slight upward adjustment of 6-mth rates (increased by 0.05%) versus the previous revision on 20 Oct 2025,
At a glance (SGD Time Deposits)
- Top rate: up to 1.4% p.a. (see full table below for tenor-specific rates).
- Channel: 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 only.
- Eligibility: Personal customers. A BOC Savings or Current Account is required to place and receive maturity proceeds.
- Protection: Deposits are typically protected under SDIC where eligible. Always check in-app before placing.
📊 Updated BOC SGD Time Deposit Rates (Effective 3 Nov 2025)
Promotional rates for new placements via 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 | 1.40 | |
| S$500 | 1.35 | ||
| 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. A dash “-” indicates no promotional rate published for that tenor.
Key terms & highlights
- Channel restriction: Mobile Banking Promo Rates apply to New Placement via BOC Mobile Banking App only.
- Funding: Ensure sufficient balance in your linked BOC account before placing.
- Early withdrawal: Premature withdrawal may result in reduced or no interest
- Final rate: The applicable rate is the one displayed in-app at the point of placement.
- Rate precedence: If there is any discrepancy between published rates and in-app/counter rates, the rates offered through mobile banking or at the counter shall prevail.
Who might prefer which tenor?
- 1-3 months: For those who want liquidity soon; the 3-month 1.40% p.a. stands out for short-term parking.
- 5-6 months: A middle ground if you can set funds aside a little longer; the 6-month S$40,000 tier at 1.40% p.a. is the headline pick.
- 9-12 months: Suitable if you prefer a longer horizon and don’t mind slightly lower rates for stability.
Simple interest illustrations (indicative)
- 3 months at 1.40% p.a. on S$20,000: ≈ S$20,000 × 1.40% × (3/12) = S$70.
- 6 months at 1.40% p.a. (S$40,000 tier) on S$40,000: ≈ S$40,000 × 1.40% × (6/12) = S$280.
- 5 months at 1.30% p.a. (S$500 tier) on S$10,000: ≈ S$10,000 × 1.30% × (5/12) ≈ S$54.17.
Figures are for illustration only and exclude any fees or charges. Interest is typically credited at maturity unless stated otherwise in-app.
How to apply (BOC Mobile Banking App)
- Log in to the BOC Mobile Banking App.
- Tap “Time Deposit” → select SGD and choose your 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 early-withdrawal terms.
- Confirm the placement to complete the paperless process ✅.
Tips to maximise your returns
- Ladder your deposits: Split funds across 3- and 6-month tenors to balance rate and liquidity.
- Set a maturity reminder: Note the date so you can re-price or withdraw at maturity – many FDs auto-renew at board rates.
- Check your tier: If you can place ≥ S$40,000, check the table to see if a higher tiered rate applies for that tenor.
Compare and learn more
To see how this stacks up against other banks’ promos, refer to this updated guide. For official details, visit the BOC Singapore website or locate a branch via the BOC Branch Locator.
From 3 Nov 2025, BOC’s refreshed app-only FD board delivers a competitive up to 1.4% p.a., with the 3-month and 6-month (S$40,000 tier) options standing out for short- to mid-term savers. Those needing flexibility can keep to shorter tenors, while depositors with larger balances may unlock the top tiered rates. As always, confirm the final rate in-app before placing, and set reminders for maturity to keep your cash working hard. 👍
Disclaimer: Information is accurate as of 3 Nov 2025 and subject to change without notice. Customers should verify the latest terms directly with Bank of China (Singapore).
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