OCBC offering up to 6% over 1 year Structured Deposit, apply by 3 July 2023

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Starts20 Jun 2023 (Tue)Ends3 Jul 2023 (Mon)
Location OCBC
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Earn up to 5.50% or 6.00% over 1 year

Depending on the tranche you invest in, the new OCBC FX-Linked Structured Deposit gives you a fixed return of 1.00% or 2.00% after 1 year, with a bonus component of 5.00% or 3.50% upon the fulfilment of the bonus conditions respectively. The mechanics are shown in the table below:

Note: There are elements of extra risks compared to a normal fixed deposit. Structured Deposits are NOT insured under the Deposit Insurance and Policy Owners’ Protection Schemes Act of Singapore. More risks info in the link below.

FXD040723AFXD040723B
MechanicsTenor1 year
PayoutFixed1.00%2.00%
Conditional Bonus5.00%3.50%
Bonus conditionPayable if AUD/SGD > 0.9375Payable if AUD/SGD > 0.9350

Structured Deposits can be purchased using cash or Supplementary Retirement Scheme (SRS).

For more info, click here.

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