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Revised Fixed Deposit Promotion Rates from 22 September 2025
Bank of China (BOC) Singapore has revised its fixed deposit (FD) promotional rates for retail customers, effective from 22 September 2025.
The latest revision allows depositors to enjoy returns of up to 1.3% p.a., depending on the tenor and placement amount. While this marks a slight reduction of selected tenors compared to the earlier rates on 15 Sep 2025, it still offers one of the more attractive options in the current low-interest environment.
📊 New Promotional FD Rates (Effective 22 Sep 2025)
The updated rates are applicable exclusively to new personal time deposit placements made via the BOC Mobile Banking App.
Customers can choose from flexible tenors between 1 to 12 months. Notably, mobile placements provide preferential rates compared to over-the-counter deposits, offering both convenience and enhanced returns 💰.
| 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 | 1.30 | ||
| 4 months | 1.25 | ||
| 5 months | 1.25 | ||
| 6 months | S$40,000 | 1.30 | |
| S$500 | 1.25 | ||
| 9 months | S$40,000 | 1.18 | |
| S$500 | 1.15 | ||
| 12 months | S$40,000 | 1.20 | |
| S$500 | 1.15 | ||
*All rates are indicative and subject to change at the bank’s discretion without prior notice.
📌 Key Terms & Conditions
- Promotion applies only to individual account holders.
- A linked savings or current account is required to place a time deposit online.
- Premature withdrawals may lead to reduced or forfeited interest.
- BOC reserves the right to amend or withdraw these promotional rates anytime without prior announcement.
- All eligible deposits are insured under the Singapore Deposit Insurance Scheme (SDIC) up to S$100,000 per depositor, per scheme member bank.
📍 How to Apply & Learn More
Customers can easily place their deposits via the BOC Mobile Banking App. For official details, visit the BOC Singapore website.
If in-person service is preferred, customers can use the BOC branch locator to find the nearest branch in Singapore.
To compare BOC’s FD rates with other banks, check out this guide.
✅ Conclusion
While the rates from 22 September 2025 are slightly lower than earlier promotions, BOC Singapore continues to provide competitive returns for savers looking for short- to mid-term placements. With flexible tenors, digital convenience, and insured protection under SDIC, this remains a solid option for risk-averse individuals seeking stable returns in Singapore’s evolving financial landscape.
Disclaimer: Information provided is for reference only. Customers are advised to confirm the latest details with Bank of China (Singapore).
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