• OCBC Fixed Deposit Promotion

    OCBC, known earlier as the Oversea-Chinese Banking Corporation, is one of the largest and most trusted banks in the Southeast Asian region. It has presence in 17 countries in the world as of now. The OCBC Group has several divisions offering different financial products and services. The OCBC Bank has personal and commercial banking portfolio which includes products such as accounts, long-term deposits, loans, credit cards, investment, and insurance solutions.

    Fixed deposits are one of the most secure modes of savings – you just need to put your money in the bank and let it earn interest. Fixed deposits in Singapore are also known as time deposits, term deposits or FDs.

    OCBC Fixed Deposit promotions Singapore

    Promotions offered by OCBC Bank for its term deposit products are mentioned below:

    Product Promotion Valid up to Eligibility Terms and conditions
    OCBC Time Deposit (SGD) Get an interest of 1% p.a. on Singapore dollar deposits of 1 year. Not specified

    • Minimum age: 18 years

    • Maximum deposit amount: S$999,999

    You have to deposit at least S$20,000 to enjoy this promotional interest rate. You cannot transfer the money from your savings or current account or deposit through UOB-issued cheques – it has to be a fresh deposit.
    OCBC Time Deposit (AUD) Get an interest of 1.35% p.a. on Australian dollar deposits of 3 months and 1.70% on deposits of 1 year. Not specified

    • Minimum age: 18 years

    • Maximum deposit amount: equivalent to S$999,999

    You have to deposit at least AUD5,000 to enjoy this promotional interest rate. You have to make deposit in fresh funds.
    OCBC Time Deposit (NZD) Get an interest of 1.75% p.a. on New Zealand dollar deposits of 3 months and 2.10% on deposits of 1 year. Not specified

    • Minimum age: 18 years

    • Maximum deposit amount: equivalent to S$999,999

    You have to deposit at least NZD5,000 to enjoy this promotional interest rate. You have to make deposit in fresh funds.

    Check for other FD Promotions Available in Singapore

    These promotions are valid only if you open a fixed deposit account at an OCBC branch and not through internet banking.  

    OCBC Fixed deposit Promo accounts

    OCBC offers just one kind of fixed deposit account – the OCBC Time Deposit. You can make deposits not only in Singapore dollar but also in Australian Dollar, New Zealand Dollar, Canadian Dollar, US Dollar, Hong Kong Dollar, Euro, Swiss Francs, British Pound, Chinese Renminbi (CNH) and Japanese Yen. You can open a time deposit account either at an OCBC branch or through internet banking if you are already have an OCBC savings account or current account.

    Why choose OCBC fixed deposits

    Here are some reasons why OCBC time deposits are worth your attention:

    • The interest rates offered are competitive and help you save up money for short-to-medium-term future.
    • The money can be kept safely for 1 month to 4 years for Singapore Dollar deposits and up to 1 year for foreign currency deposits.
    • OCBC fixed deposit accounts are easy to open and to maintain.
    • The bank’s FD account is covered by Deposit Insurance Scheme by Singapore Deposit Insurance Corporation.
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