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Parking spare cash for a predictable return? 💰
Bank of China Singapore is offering SGD personal time deposit promo rates of up to 1.40% p.a. for new placements made through BOC Mobile Banking 📱.
The promotion is available from 15 Jun 2026, with a low minimum placement of SGD 500. The highest displayed rate of 1.40% p.a. applies to both the 9-month and 12-month tenors, making this a simple option for depositors who prefer a fixed return over a fixed period.
Before confirming any placement, check the final interest rate, tenor, maturity date, funding account and placement amount in the BOC Mobile Banking App 👀. Time deposit funds are typically locked in for the selected tenor, and premature withdrawal may reduce or forfeit interest.
Compared with the earlier 25 May 2026 update, the notable SGD changes are at the 3/5-month and 9-month tenors: the 3/5-month rate is now 1.35% p.a., while the 9-month rate is now 1.40% p.a.. Other displayed SGD tenors appear broadly unchanged.
✨ Key highlights
- Bank: Bank of China Singapore
- Promotion: SGD Personal Time Deposit Promotion
- Highest promo rate: Up to 1.40% p.a.
- Minimum placement: SGD 500
- Top-rate tenors: 9 months and 12 months
- Placement channel: BOC Mobile Banking only 📲
- Placement type: New placement
- Promotion period: From 15 Jun 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 Placements
| Tenor | Minimum amount | Interest rate (% p.a.) |
|---|---|---|
| 1 month | SGD 500 | 1.10 |
| 2 months | SGD 500 | 1.20 |
| 3/5 months | SGD 500 | 1.35 |
| 6 months | SGD 500 | 1.38 |
| 9 months | SGD 500 | 1.40 |
| 12 months | SGD 500 | 1.40 |
| 18 months | SGD 500 | 1.35 |
| 24 months | SGD 500 | 1.35 |
📝 Things to know before placing
- Mobile banking only: These promo rates apply to new placements via the BOC Mobile Banking App.
- Account requirement: A BOC Savings Account or Current Account is required to make a time deposit placement through mobile banking.
- Mobile banking access: BOC Mobile Banking registration may be required before placement. Registration can be done via BOC Personal Online Banking or at any BOC branch.
- Eligibility check: 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: Promo rates are indicative and apply to personal customers only.
- Rate at placement: The applicable promo rate is the rate displayed at the point of time deposit placement.
- Overnight rate 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: Place only funds that can remain in the time deposit until maturity, as premature withdrawal may lead to lower interest or loss of interest ⚠️.
- Final checks: Review tenor, amount, interest rate, maturity date and account details before confirming.
- Terms apply: Final eligibility and placement conditions apply.
📱 How to place a BOC mobile time deposit
- Open the BOC Mobile Banking App.
- Select Time Deposit and choose SGD.
- Pick the preferred tenor and enter the placement amount.
- Check the displayed interest rate, maturity date and terms carefully.
- Confirm the placement once all details are correct ✅.
🔗 Useful links
Apply for a BOC account via the BOC account application page. The QR code in the image decodes to this BOC account application QR link 📷.
For app setup, see the 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.
🏦 BOC Singapore locations mentioned
BOC Singapore branch locations include: Main Branch at 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; 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.
This BOC mobile time deposit promotion may suit depositors looking for a short to medium-term SGD fixed deposit with a low entry amount and app-based placement. Compare the tenor, rate and cash flow needs before placing funds, especially if access to the money may be needed before maturity.
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