for minimum $20,000 deposit for 12 months. They’re the standard, non-promotional rates offered by the banks.īut you don’t need to be too fussed with those because no matter which bank you choose, there will almost always be an ongoing fixed deposit promotion.įor OCBC, the current promotion is 1.55% p.a.
If you’re new to the fixed deposits game, let’s just put it out there: board rates typically suck.
OCBC fixed deposit rates (Nov 2019) OCBC fixed deposits Let’s see how OCBC’s fixed deposits measure up against others.
There are plenty of fixed deposit promotions in the market, but if your motto is “local is best”, then you might be looking for the best local bank to place your savings in. Looking for a low risk investment vehicle that is virtually stress free? Then a fixed deposit might be for you.
