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Revised Fixed Deposit Promotional Rates from 13 October 2025
Update 20 Oct: Bank of China (BOC) S’pore FD promo (20 – 26 Oct 2025) offers up to 1.4% p.a. via mobile banking
Bank of China (BOC) Singapore has refreshed its personal fixed deposit (FD) promotional rates, effective 13 October 2025. This revision allows customers to enjoy returns of up to 1.35% per annum (p.a.), making it a notable offer amidst the current interest rate environment in Singapore – especially for those seeking short- to mid-term deposit options.
The new rates reflect a slight upward adjustment for selected tenors compared to the previous revision on 6 October 2025. This change reinforces BOC’s commitment to providing competitive savings solutions tailored for digitally active customers.
The revised rates apply exclusively to new time deposit placements made via the BOC Mobile Banking App. This approach rewards users who choose digital channels, offering them both higher returns and the convenience of 24/7 access without needing to visit a branch 💰.
📊 Updated BOC SGD Time Deposit Rates (Effective 13 Oct 2025)
Here are the latest promotional rates for SGD Time Deposits placed through the BOC Mobile Banking App:
| Tenor | Minimum Amount (SGD) | Interest Rates (% p.a.) |
|---|---|---|
| 1 month | 500 | 1.20 |
| 2 months | 1.20 | |
| 3 months | 1.30 | |
| 4 months | – | |
| 5 months | 40,000 | 1.35 |
| 500 | 1.30 | |
| 6 months | 40,000 | 1.35 |
| 500 | 1.30 | |
| 9 months | 40,000 | 1.25 |
| 500 | 1.20 | |
| 12 months | 40,000 | 1.20 |
| 500 | 1.15 |
*All interest rates are indicative and may be revised at the bank’s discretion without prior notice.
📌 Key Terms & Highlights
- Promotion applies to individual customers only.
- A savings or current account with BOC Singapore is required to place FDs via the mobile app.
- Premature withdrawals may lead to a reduction or loss of accrued interest.
- Rates are applicable only for new placements and not for renewals of existing deposits.
- Deposits are insured under the Singapore Deposit Insurance Corporation (SDIC) up to S$100,000 per depositor per bank.
📱 How to Apply
To take advantage of these promotional rates, customers can open the BOC Mobile Banking App, navigate to “Time Deposit”, and follow the on-screen steps to complete the placement. The mobile platform offers a simple, secure, and paperless process for all eligible customers.
For further information, visit the official BOC Singapore website. Customers who prefer face-to-face service may use the BOC Branch Locator to find their nearest outlet.
To compare this promotion with other leading fixed deposit offers in Singapore, check out our updated guide.
💡 Conclusion
The Bank of China Singapore’s fixed deposit promotion from 13 October 2025 presents a good opportunity for savers looking for a safe and reliable way to grow their funds. With competitive interest rates of up to 1.35% p.a. and the convenience of mobile banking, it’s an ideal option for those who prefer digital banking while maximising returns on their short-term deposits.
Disclaimer: Information is accurate as of 13 Oct 2025 and subject to change without notice. Customers should verify the latest terms directly with Bank of China (Singapore).
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