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OCBC Online Fixed Deposit Promotion (FPX)/21Dec2020/v1. Upon maturity of the promotional FD tenures, the promotional interest rate will cease to apply and the FD will be automatically renewed with a similar tenure at the prevailing board rate. If any FD amount is prematurely withdrawn from the FD before the completion.© Provided by MoneySmart Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don’t need to do anything to earn this interest, just park your money with a bank. Think of it like mold on a piece of bread. Just leave it out in the open and mold will grow — FREE! — on your bread for you. Seriously, though, fixed deposits are great if you have a substantial amount of money lying around and you don’t want to risk investing it. Fixed deposits are an extremely low risk way to grow your money.Best fixed deposit rates in Singapore (Feb 2021)
*OCBC Online Fixed Deposit Promotion (FPX)/Feb2021/v1. The promotion is open to Fixed Deposit account(s) in single name only. The promotional rate is only applicable for FD placements made by clicking on the FD promotional banner at the OCBC Internet Banking page.
*The current highest fixed deposit rate is a OCBC fixed deposit promotional rate The current Money Lobang National Average Fixed Deposit Rates for February 2021 is 0.47% p.a. The average monthly highest fixed deposit rate for OCBC since 2018 is 1.23% p.a. OCBC runs fixed deposit promotional campaigns every month.
*The best time to save is now. Grow your wealth with high interest rates from OCBC Malaysia’s saving accounts, fixed deposit (FD) accounts or islamic accounts.
*OCBC Online Fixed Deposit Promotion (FPX)/21Dec2020/v1. Upon maturity of the promotional FD tenures, the promotional interest rate will cease to apply and the FD will be automatically renewed with a similar tenure at the prevailing board rate. If any FD amount is prematurely withdrawn from the FD before the completion.We’ve picked the highest fixed deposit rates for SGD in attainable deposit amounts (i.e. $50,000 and below). Note that these promotional rates change monthly and the bank can change the rates anytime. Bank/financial institutionMin. deposit amountTenureInterest ratesDBS$1,000 18 months1.3% p.a. Maybank$1,00036 months1% p.a.Hong Leong Finance$20,00024 months0.75% p.a.ICBC$50012 months0.6% p.a.UOB$20,00010 months0.5% p.a.Standard Chartered$25,0003 months0.45% p.a.OCBC$20,00012 months0.4% p.a.RHB$20,00012 months0.4% p.a. CIMB$1,0003 months0.3% p.a.HSBC$30,0006 months0.25% p.a.Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. In ’normal’, non-Covid-19 times, promotional fixed deposit rates can go up to 1.8% to 2% p.a. However, with the current sluggish economy, fixed deposit interest rates remain low — although they might still be better than savings accounts.DBS fixed deposit rates (Feb 2021)DBS fixed deposit rateInterest rate1.3% p.a.Deposit amount$1,000 to $19,999Tenure18 monthsEver since COVID-19 hit our economy, DBS has been one of the consistent winners when it comes to fixed deposit rates. This month is no exception. The current highest DBS fixed deposit rate of 1.3% p.a. is considered sky-high by today’s standards. The minimum of $1,000 is is quite a manageable amount, although you have to commit to a tenure of 18 months. Otherwise, you can still get a slightly lower interest rate of 1.15% p.a. for 12 months. DBS is the best out there this month given the current economic climate and decreasing interest rates all around. It’s a good option if you want to save up and prefer local banks. [ms-inline-widget account_type=’fixed-deposit’ amount=’10000’ tenure=’18’ locale=’en’ country_code=’sg’ channel=’fixed-deposit’ product_slug=’dbs-singapore-dollar-fixed-deposit’ ] Maybank fixed deposit rates (Feb 2021)Maybank fixed deposit rateInterest rate1% p.a.Deposit amountMin. $1,000 Tenure36 months The next best alternative to DBS is usually a Maybank fixed deposit. In February, you can earn 1% p.a. with Maybank’s Singapore Dollar Time Deposit. Unfortunately you have to leave it in for 36 months (3 whole years!) to earn that measly 1% p.a. [ms-inline-widget account_type=’fixed-deposit’ amount=’10000’ tenure=’24’ locale=’en’ country_code=’sg’ channel=’fixed-deposit’ product_slug=’maybank-singapore-dollar-time-deposit’ ] Hong Leong Finance fixed deposit rates (Feb 2021)Hong Leong Finance fixed deposit rateInterest rate0.75% p.a.Deposit amountMin. $20,000 Tenure24 months Apart from the big banks like DBS, UOB and OCBC, the fixed deposit aficionado should also look at non-bank financial institutions like Hong Leong Finance as they also offer promotions. They may not be quite as risk-free as banks, though. This month, Hong Leong is offering 0.75% p.a. for 24 months, 0.68% for 18 months, or 0.6% for 12 months, but it also requires a significantly larger sum of $20,000. Before you lock up that much in a fixed deposit, make sure you have sufficient emergency funds first. ICBC fixed deposit rates (Feb 2021)ICBC fixed deposit rateInterest rate0.6% p.a.Deposit amountMin. $500 Tenure12 monthsIt used to be that you needed at least $20,000 lying around in order to benefit from the higher promotional interest rates. However, now that the general rates have gone down, suddenly the lower-commitment options are a lot more competitive. All the above fixed deposits have pretty low barriers to entry, but Chinese bank ICBC takes the cake by requiring just $500 minimum deposit. You get an okay-ish 0.6% p.a. (if you apply for this fixed deposit online) with a commitment period of 12 months. UOB fixed deposit rates (Feb 2021)UOB fixed deposit rateInterest rate0.5% p.a.Deposit amountMin. $20,000 Tenure10 monthsOcbc Fixed Deposit Promotion Malaysia 2020 Oh dear, local banks UOB and OCBC (see below) certainly fall short of DBS when it comes to fixed deposit rates of late. Right now, UOB is offering only 0.5% p.a. on their 10-month fixed deposits. The saving grace is that the lock-in period is relatively short. [ms-inline-widget account_type=’fixed-deposit’ amount=’10000’ tenure=’11’ locale=’en’ country_code=’sg’ channel=’fixed-deposit’ product_slug=’uob-singapore-dollar-fixed-deposit’ ] Note that if you have an UOB fixed deposit that’s maturing this month, UOB will auto-renew your account at the current ’promotional’ rate. You might want to check and update your standing instructions. Standard Chartered fixed deposit rates (Feb 2021)Standard Chartered fixed deposit rateInterest rate0.45% p.a.Deposit amountMin. $25,000 Tenure3 months If you have $25,000 to spare, but don’t want to lock it up the whole year, Standard Chartered has a 3-month fixed deposit promotion that lets you earn 0.45% p.a. [ms-inline-widget account_type=’fixed-deposit’ amount=’10000’ tenure=’3’ locale=’en’ country_code=’sg’ channel=’fixed-deposit’ product_slug=’standard-chartered-singapore-dollar-time-deposit’ ] OCBC fixed deposit rates (Feb 2021)OCBC fixed deposit rateInterest rate0.4% p.a.Deposit amountMin. $20,000 Tenure12 monthsOCBC fixed deposit interest rates are lower than UOB’s, offering 0.4% p.a. for minimum $20,000 deposit for at least 12 months. [ms-inline-widget account_type=’fixed-deposit’ amount=’10000’ tenure=’24’ locale=’en’ country_code=’sg’ channel=’fixed-deposit’ product_slug=’ocbc-time-deposit-account’ ] RHB fixed deposit rates (Feb 2021)RHB fixed deposit rateInterest rate0.4% p.a.Deposit amountMin. $20,000 Tenure12 months Tying with OCBC for 7th place is Malaysian bank RHB. Like OCBC, its 0.4% p.a. interest rate is really not spectacular, so think carefully before you commit for the full year. [ms-inline-widget account_type=’fixed-deposit’ amount=’10000’ tenure=’36’ locale=’en’ country_code=’sg’ channel=’fixed-deposit’ product_slug=’rhb-singapore-dollar-fixed-deposit’ ] What about HSBC and CIMB fixed deposits? The rest of the banks — CIMB and HSBC — are offering 0.3% or less on their fixed deposits, which is hardly worth your time. In fact, you can get 0.3% p.a. on your savings with no lock-in just by opening a regular CIMB FastSaver account. Of course, banks are notoriously fickle about their interest rates, and all these could easily change next month. For the latest promotional rates, remember to bookmark this page and our MoneySmart fixed deposit comparison page before you commit. Plus, here’s a quick and dirty summary of what you need to know about fixed deposits.Fixed deposit vs savings account — what’s the difference? https://youtu.be/Sq9hjlnEgY0 Once an attractive alternative to that pathetic 0.05% p.a. interest on savings accounts, fixed deposits — like so many ageing Channel 8 starlets — are fading from collective memory. Today, every bank in Singapore is competing for your dollar with high interest savings accounts, which may actually offer better returns. Here are the differences between fixed deposits and savings accounts at a glance: Fixed deposit Savings accountTenureAs low as 3 months, but go for at least 12 months for better ratesNoneInterest rateThe longer the tenure, the better the interest rateUsually the same regardless of tenureAmount to depositFixed amount, usually at least $10,000Smaller initial deposit and minimum monthly balance ($500 to $3,000)CurrencySGD by default, but some banks offer higher interest rates for foreign currencySGD by default. There are a few multi-currency accounts, but no difference in interest rateCan you withdraw?Contrary to popular belief, yes, but you lose the interestYes, no impact on interest, but don’t fall below the minimum balanceInterest paymentsQuarterly or annuallyMonthlyRisk levelVirtually risk-free, insured up to $75,000 by Singapore Deposit Insurance Corporation (SDIC)Fixed deposit vs Singapore Savings Bonds (SSB) — which is better? In an earlier article, we compared the Singapore Savings Bonds to fixed deposits. There are a few key distinctions between these virtually risk-free investment vehicles. First, interest rates. Believe it or not, fixed deposit interest rates are actually higher than SSBs. The November issue of SSBs offers a measly 0.23% p.a. interest average return after the first 2 years, which you can easily beat with a well-chosen fixed deposit promotion. Next, entry point. It takes just $500 to invest in Singapore Savings Bonds, which is lower than the $1,000 or more for most fixed deposits. That said, ICBC fixed deposits only require $500 to start. (On the flip side, there’s a cap of $200,000 you can put into Singapore Savings Bonds. There’s no cap for fixed deposits.) Finally, tenure. Fixed deposits are shorter term investments. After the lock-in period is over, you should shop around again for another place to park your money. With SSBs, however, the interest rate climbs every year, so the longer you keep the money in there (up to a maximum of 10 years) the more you get. At the same time, SSBs have higher liquidity than fixed deposits. You will not be penalised if you withdraw your money at any point. You do have to pay a $2 transaction fee each time you buy or redeem a bond, though. Know anyone who likes to park their cash in fixed deposits? Share this article with them. [ms_related_articles] The post 7 Best Fixed Deposit Rates in Singapore (Feb 2021) — DBS, Maybank & More appeared first on the MoneySmart blog.
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› Ocbc singapore fixed deposit promotion Listing Websites about Ocbc Fixed Deposit PromotionTime Deposit (Fixed Deposit) | OCBC Singapore
(3 days ago) The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. For deposits above S$1 million, please contact us at 1800 363 3333 or visit any OCBC Bank branch.
Category: coupon codesShow All Coupons Deposit Accounts | OCBC Singapore
(3 days ago) Chinese New Year Deposits Promotions Get cash rewards when you deposit funds from any other banks via FAST transfer, cheque, cash and more into your OCBC Passbook Savings, Statement Savings, Premier Statement Savings and Premier EasiSave accounts.
Category: coupon codesShow All Coupons OCBC Online Fixed Deposit Promotion (FPX)/21Dec2020/v1 ..
(3 days ago) OCBC Online Fixed Deposit Promotion (FPX)/21Dec2020/v1 • Upon maturity of the promotional FD tenures, the promotional interest rate will cease to apply and the FD will be automatically renewed with a similar tenure at the prevailing board rate. • If any FD amount is prematurely withdrawn from the FD before the completion
Category: coupon codesShow All Coupons OCBC Online Fixed Deposit Promotion (FPX)/Feb2021/v1 Terms ..
(2 days ago) OCBC Online Fixed Deposit Promotion (FPX)/Feb2021/v1 • The promotion is open to Fixed Deposit account(s) in single name only. • The promotional rate is only applicable for FD placements made by clicking on the FD promotional banner at the OCBC Internet Banking page.
Category: coupon codesShow All Coupons Ocbc Fd Promo Rate - 22-Feb-2021
(12 days ago) Best Fixed Deposit Accounts In Malaysia - RinggitPlus. Apr 14, 2020 - Best Fixed Deposit Promos – April 2020 .. OCBC Bank (OCBC Online FD Promotion), 3.25, RM1,000, RM50,000, 10 months, 10 Apr to 30 Apr ..
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(4 days ago) 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.
Category: coupon codesShow All Coupons Bonus+ Savings Account | OCBC Singapore
(2 days ago) Make the 360 Account your first OCBC account Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. Promotion ends on 31 March 2021.
Category: coupon codesShow All Coupons Savings, Fixed Deposit (FD) Account | OCBC Bank Malaysia
(3 days ago) The best time to save is now. Grow your wealth with high interest rates from OCBC Malaysia’s saving accounts, fixed deposit (FD) accounts or islamic accounts. Visit any of our branches and open an account today.
Category: coupon codesShow All Coupons Best Fixed Deposit Rates & Promotions in SG, Mar 2021 ..
(4 days ago) ICBC Step-Up Fixed Deposit is currently offering two promotions to all customers with fresh funds fixed deposit placement in SGD, one for 12 months and the other for 24 months tenor. The 12 months tenor offers promotional compound interest of 1.5%, 1.7%, 1.9% and 2.1% for each quarter, 1-4 respectively, with a minimum deposit of S$5,000.
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(2 days ago) Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. Promotion ends on 31 March 2021.
Category: coupon codesShow All Coupons FAQ Online Fixed Deposit Promotion - OCBC
(3 days ago) FAQ –Online Fixed Deposit Promotion Promotion period: 10 April 2020 –30 April 2020 .. Place a Fixed Deposit Choose FIXED/TIME DEPOSIT Choose Funding from your OCBC Account or Funding from your Other Bank’s account in Malaysia Key in FD Placement Amount (minimum RM1,000) Select Tenor = 10 Months

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(4 days ago) The current highest fixed deposit rate is a ocbc fixed deposit promotional rate The current Money Lobang National Average Fixed Deposit Rates for February 2021 is 0.47% p.a. The average monthly highest fixed deposit rate for OCBC since 2018 is 1.23% p.a. OCBC runs fixed deposit promotional campaigns every month
Category: coupon codesShow All Coupons 7 best fixed deposit rates in Singapore (Jan 2021) - DBS ..
(2 days ago) OCBC fixed deposit rates (Jan 2021) OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. for minimum $20,000 deposit for at least 12 months. RHB fixed deposit rates (Jan..
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(15 days ago) If you die-die want to go with a local bank, UOB’s fixed deposit promotion is slightly better (1.60% p.a. for min. $20,000 deposit, 10 months tenure). OCBC fixed deposit vs OCBC 360 savings account. So, you’ve got some cash lying around and want to get a better interest rate on it. Well, a fixed deposit with OCBC might not be the best option.
Category: coupon codesShow All Coupons Best fixed deposit promotions in Singapore March 2021 ..
(3 days ago) A fixed deposit (also commonly known as time deposit, or FD for short) is a type of savings account and low-risk investment that allows you to earn competitive interest on your deposited funds over a fixed tenure. During this commitment period, your funds are locked-in and you won’t be able to access it without incurring a penalty fee.
Category: coupon codesShow All Coupons OCBC Personal Banking - National Day 2019
(7 days ago) S$5 cash credit for every S$500 in fresh funds deposited with OCBC Mighty Savers ®, with no limit, as long as you correspondingly deposit S$5,000 in the OCBC Passbook or Statement Savings Account promotion above. Funds deposited with OCBC Mighty Savers ® are not earmarked.
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(3 days ago) Promotions: Save. More reasons to save this new year. .. On a 10-month Singapore Dollar Fixed Deposit *T&Cs apply. Insured up to S$75k by SDIC. Find out more. Earn a promotional interest rate of 0.40% p.a.* on a 6-month US Dollar Fixed Deposit. Find out more *T&Cs apply. SGD deposits are insured up to S$75k by SDIC.
Category: coupon codesShow All Coupons Fixed Deposit (Mar 2021) | SINGPromos.com
(5 days ago) List of Fixed Deposit sale events, promotions, price list and other happenings in Singapore. Last updated March 2021 P3W5D Past Event Earn returns with a minimum sum of $500 in the latest Singapore Savings Bond
Category: coupon codesShow All Coupons OCBC Chinese New Year Deposits Promotion 2021
(4 days ago) OCBC Chinese New Year Deposits Promotion 2021 The more you deposit, the more cash rewards you will receive. Bonus Cash Rewards are awarded only once. Fresh funds deposited must be maintained for 6 months.
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(12 days ago) (4 days ago) The current highest fixed deposit rate is a ocbc fixed deposit promotion al rate The current Money Lobang National Average Fixed Deposit Rates for February 2021 is 0.47% p.a. The average monthly highest fixed deposit rate for OCBC since 2018 is 1.23% p.a. OCBC runs fixed deposit promotional campaigns every month
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(4 days ago) 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 y

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