Bank of China S’pore Offers Up To 1.75% Promo SGD Time Deposit Rates from 17 Aug 2026

Looking for a straightforward place to park spare Singapore dollars at a fixed promotional rate? 💰

Bank of China Singapore’s latest Personal Time Deposit promotion is effective from 17 August 2026, offering mobile banking promotional rates of up to 1.75% p.a. for new SGD placements made through BOC Mobile Banking 📱.

The headline 1.75% p.a. rate is available with a minimum placement of S$200,000 for 6, 9 or 12 months. Smaller placements can start from just S$500, with rates ranging from 1.10% to 1.70% p.a. depending on the selected tenor.

Compared with BOC’s immediately preceding 10 Aug 2026 rate table, the 6-month rate rises by 0.10 percentage point to 1.70% p.a. for S$500 placements and 1.75% p.a. for S$200,000 placements. The S$200,000 rates for 9 and 12 months record the biggest increases, rising by 0.15 percentage point from 1.60% to 1.75% p.a., while the S$500 12-month rate rises from 1.55% to 1.65% p.a. The S$500 9-month rate and the listed 1-, 2-, 3-, 5-, 18- and 24-month rates are unchanged.

📈 The broader recent pattern has also been upward. BOC’s standard headline SGD mobile rate was 1.45% p.a. from 22 Jun, 1.50% from 29 Jun, 1.55% during the late-July and 3 Aug rounds, 1.65% from 10 Aug and now 1.75% from 17 Aug 2026 – the highest standard headline rate in this recent sequence.

✨ Promotion highlights

🏦 Bank: Bank of China Singapore
📈 Highest standard SGD new-placement promotional rate: 1.75% p.a.
🆕 Separate New-To-Bank offer: Up to 1.78% p.a. for eligible New-To-Bank personal customers placing an 8- or 11-month SGD Time Deposit under the separate campaign conditions.
💵 Minimum standard placement: S$500
💰 Standard top-rate requirement: S$200,000 for 6, 9 or 12 months to receive 1.75% p.a.
📲 Placement channel: BOC Mobile Banking
🆕 Placement type: New SGD Personal Time Deposit
🛡️ Deposit protection: 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. A S$200,000 placement exceeds this aggregate insurance cap, and other eligible SGD deposits with the same Scheme member also count towards the limit. Foreign currency deposits, structured deposits, dual currency investments and other investment products are not insured.

📊 BOC Mobile Banking promotional interest rates

Compare the available tenors and minimum placement amounts before confirming a new placement:

Tenor	Standard rate (minimum S$500)	Higher-tier rate (minimum S$200,000, where offered)
1 month	1.10% p.a.	–
2 months	1.20% p.a.	–
3 months	1.35% p.a.	–
5 months	1.35% p.a.	–
6 months	1.70% p.a.	1.75% p.a.
9 months	1.55% p.a.	1.75% p.a.
12 months	1.65% p.a.	1.75% p.a.
18 months	1.40% p.a.	1.55% p.a.
24 months	1.40% p.a.	–

The standard-rate column applies from S$500. The higher-tier column highlights only tenors where BOC publishes a separate promotional rate from S$200,000.

Interest rates are quoted per annum. The actual interest received depends on the placement amount, selected tenor and promotional rate confirmed when the placement is made. For larger balances, compare the 6-, 9- and 12-month choices carefully as all three currently carry the same 1.75% p.a. headline rate at the S$200,000 tier.

📝 Things to know before placing

📱 Mobile placement: Promotional rates apply to new SGD time deposit placements made through BOC Mobile Banking.
🏦 Account requirement: A BOC Savings Account or Current Account is required to make a time deposit placement through mobile banking.
👤 Eligibility: SGD Time Deposit applicants must be at least 15 years old. Eligible applicants include Singapore Citizens, Permanent Residents and foreigners holding a Work Pass, Student Pass, Long-Term Visit Pass or Dependant Pass.
📈 Rate confirmation: Promotional rates are indicative and apply to personal customers. The applicable rate is the rate available when the placement is confirmed.
⏰ Overnight placements: Rates displayed between 12.00am and 6.00am are indicative and subject to change. The actual rate is confirmed on BOC’s website and mobile app after 6.00am on the same day.
⚠️ Premature withdrawal: Withdrawing the time deposit before maturity may lead to a loss of interest. Check the terms for the selected tenor before confirming the placement.
✅ Final checks: Verify the placement amount, tenor, displayed interest rate, maturity date and funding account before confirming the transaction.
📋 Standard eligibility requirements, placement conditions and prevailing bank terms apply.

📱 How to place the time deposit

Log in to the BOC Mobile Banking App.
Select the Time Deposit placement function.
Choose SGD, select the preferred tenor and enter the placement amount.
Review the displayed rate, maturity date and funding account.
Confirm the placement after checking all transaction details.

The time deposit can be placed without visiting a branch once an eligible BOC Savings or Current Account and Mobile Banking access are in place. Existing customers who have not registered for Mobile Banking can register through Personal Online Banking or at a BOC branch.

For a new account, start an application by scanning the QR code shown in the promotion artwork or opening the BOC account application page 🔗.

🏦 Branch locations

BOC Singapore locations include Main Branch at Bank of China Building, 4 Battery Road; Marine Parade Wealth Management Centre at Parkway Parade #01-59-62A (by appointment only); Chinatown Sub-Branch at Furama City Centre #01-01; North Sub-Branch at BOC Plaza, 133 Middle Road; Tampines Sub-Branch at Tampines 1 #B1-21/22; Jurong East Sub-Branch at Westgate #04-30/31; Woodlands Sub-Branch at Causeway Point #B1-12; Toa Payoh Sub-Branch at 600 Lorong 4 Toa Payoh #01-03; Bedok Sub-Branch at Bedok Mall #B2-07; Punggol Sub-Branch at Waterway Point #01-16; Tiong Bahru Sub-Branch at Tiong Bahru Plaza #01-127; and Ang Mo Kio Sub-Branch at AMK Hub #03-02. Check the official branches page before visiting as branch arrangements may change.

🔎 How the 1.75% p.a. options compare

Several current Singapore fixed-deposit promotions display the same 1.75% p.a. headline rate, but the qualifying amount, customer tier, tenor and placement channel differ materially.

Bank	Top rate	Tenor(s) at top rate	Minimum placement	Key condition / channel
Bank of China Singapore	1.75% p.a.	6, 9 or 12 months	S$200,000	Standard SGD new placement via BOC Mobile Banking
CIMB Singapore Link	1.75% p.a.	9 or 12 months	S$10,000	Preferred Banking status; online placement
RHB Singapore Link	1.75% p.a.	12 months	S$20,000	Premier Banking status; branch placement

The same headline rate does not make these offers equivalent. Compare the applicable customer tier, minimum placement, tenor, placement channel and access to funds before deciding.

💡 With the promotion already in effect, the main decision comes down to placement size and preferred lock-in period. The S$500 tier provides several tenor choices, while placements of at least S$200,000 can access the 1.75% p.a. promotional rate across 6, 9 and 12 months. Compare liquidity needs, deposit-insurance coverage and the rate shown in the app before confirming a placement.