Ocbc Fixed Deposit
Last month in December, I have placed a 6 months fixed deposit with CIMB Bank that gives me an interest rate of 1.80% p.a. The good news is that CIMB Bank has maintained its interest rate of 1.80% p.a. for its Chinese New Year Fixed Deposit Promotion. They are probably the only bank that maintain the high interest rate of 1.80% p.a.
- Ocbc Fixed Deposit Interest Rate
- Ocbc Fixed Deposit Rate Malaysia 2021
- Ocbc Fixed Deposit Promotion
- Ocbc Fixed Deposit Singapore
- Ocbc Fixed Deposit Singapore
While searching for Chinese New Year fixed deposit promotions, I found a promotion from OCBC that gives you vouchers instead of cash for a 6 month locked in period. The interest rate is 1.70% p.a. if you compare the value of the vouchers against cash. You can read more about it below.
Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. OCBC Silver Years is designed to help you ensure your plans are complete. So whether you tend to prioritise health, wealth, or your lifestyle, our holistic approach will help you complete all three to get the most out of your next chapter. Grow your money for up to 60 months with high interest rates from OCBC Malaysia's MYR Fixed Deposit (FD) Account. Enjoy an overdraft facility that grants quick access to funds with Easi-FD Access. Check out our rates & apply now.
The next good deal is from Hong Leong Finance where they maintain their interest rate of 1.73% p.a.
CIMB Fast Fixed Deposit Chinese New Year Promotion
Interest rate: 1.80%, Minimum Placement: S$10,000, Promotion Valid Until: 31st January 2020
The total interest that you will receive if you place S$20,000 for 12 months is S$360.
OCBC Bank Chinese New Year Deposit Promotion
Interest Rate: Not Applicable, Minimum Placement: S$10,000, Promotion Valid Until: 31st January 2020
As part of OCBC Chinese New Year promotion, receive S$85 NTUC FairPrice vouchers with every S$10,000 in fresh funds deposited into OCBC Passbook, Statement Savings, Premier Statement Savings and Premier Easisave accounts. The funds must be maintained for 6 months.
If you work backwards, the S$85 NTUC FairPrice vouchers is equivalent to an interest rate of 1.70% p.a based on a deposit of S$10,000 locked in for 6 months.
Hong Leong Finance
Interest Rate: 1.73%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated
The total interest that you will receive if you place S$20,000 for 12 months is S$348.76.
Standard Chartered Bank (Singapore)
Interest Rate: 1.55%, Minimum Placement: S$25,000, Promotion Valid Until: 31st January 2020
Unless you are a priority banking customer, otherwise you get an interest rate of 1.55% p.a. for a minimum place of S$25,000 with Standard Chartered Bank.
The interest that you will get is S$322.92 based on an interest rate of 1.55% p.a. for a placement of S$25,000 for 10 months.
If you are a priority customer, the interest that you will get is S$343.75 based on an interest rate of 1.65% p.a. for a placement of S$25,000 for 10 months.
MayBank Singapore Dollar Time Deposit
Interest Rate: 1.60%, Minimum Placement: S$20,000, Promotion Valid Until: Not stated
Maybank has further reduced their fixed deposit interest rate from 1.80% to 1.60%. The total interest that you will receive if you place S$20,000 for 12 months is S$320.00. However, there are some catch should you choose to place your fixed deposit with MayBank
Ocbc Fixed Deposit Interest Rate
- You need to have a MayBank Current or Savings account.
- For every S$1,000 deposited into the CASA Account, S$10,000 can be placed into the Singapore Dollar Time Deposit, subject to a minimum of S$20,000 in Time Deposit and the corresponding minimum deposit of S$2,000 in the CASA Account.
The fastest way to deposit cash into your OCBC savings account is through ATM.
No need to waste your time waiting at the branches, unless the deposit amount is too big.
The machines will accept the full range of Singapore dollar denominations. Newer ATMs that also accept coin deposits are available at selected branches.
Deposit Cash In OCBC Using ATM
OCBC ATMs with Notes Deposit
Locate one near you:
You need:
- ATM card (with or without) OR
- Passbook
Notes accepted:
- S$2, S$5, S$10, S$50, S$100 and S$1,000 dollar notes
- * SG50 commemorative notes are currently not accepted
- * Maximum 200 pieces of notes
- * Not exceeding $20,000 per deposit
OCBC ATMs with Notes and Coins Deposit
Locate one near you:
These new ATMs are only available at these branches:
- OCBC Compass One branch
- Jurong Point branch
- Northpoint branch
- Toa Payoh Central branch
- Waterway Point branch
You need:
- ATM card (with or without)
Ocbc Fixed Deposit Rate Malaysia 2021
Notes accepted:
Ocbc Fixed Deposit Promotion
- S$2, S$5, S$10, S$50, S$100 and S$1,000 dollar notes
- SG50 commemorative notes are accepted
- * Maximum 200 pieces of notes
- * Not exceeding $20,000 per deposit
Ocbc Fixed Deposit Singapore
Coins fee:
Ocbc Fixed Deposit Singapore
- Service charge of S$0.012/coin