OCBC fixed deposit rates

OCBC’s site turns our script away, so we read its fixed deposit pages ourselves in a browser every week, last on 10 Nov. Check OCBC’s page before you place. All banks side by side

On S$50,000 for 12 months: $925 at OCBC’s promotion (online) (1.85%), $50 at its board rate (0.10%) and $1,150 at the highest deal anywhere (CIMB, 2.30%). Your own amount

Every OCBC fixed deposit rate

OCBC calls its fixed deposits time deposits. It publishes two sets of Singapore-dollar rates: a promotion for fresh funds, a little higher online than at a branch, and its board rates, set by term and by how much you place. Here is every rate on OCBC’s two pages, as we read them on 10 Nov.

Promotion (branch)

At a branch · fresh funds only

Fresh funds only.

Promotion (online)

Online · fresh funds only

Fresh funds only.

Board rate

% a year. Read by hand on 10 Nov 2026 from OCBC’s page. A dash means no rate for that term and amount.

OCBC’s board rate page also lists 24, 36 and 48-month rates, but says they apply only when an existing deposit of that term renews; new placements for 24 months or longer are not available, so they are left out here.

How to place an OCBC time deposit

1. Log in to the OCBC app and tap More, then Accounts, then Time Deposit (SGD).
2. Enter an amount from S$20,000 to S$999,999, pick the term and rate, and choose which of your OCBC savings or current accounts the money comes from. For the promotion, it must count as fresh funds under OCBC’s terms (see the questions below).
3. Choose what happens when it ends, then review the placement and its terms and slide right to place.

From OCBC’s time deposit page, checked 24 Oct 2026. The promotion’s maximum is S$999,999 online and S$5,000,000 at a branch or Premier Centre (clause 2 of the promotion’s terms); for more than S$1 million, OCBC asks you to call 1800 363 3333 or visit a branch. You must be 18 or older; Singaporeans, permanent residents and foreigners with a valid pass can apply.

When your OCBC deposit ends

This is where most of the interest is won or lost. OCBC’s promotion needs at least S$20,000, and at that size OCBC’s board rates are very low: for 12 months, 0.10% above S$20,000, against 0.50% at S$20,000 or less. If a promotional deposit simply rolls over at the board rate, the next term earns a fraction of what it did.

1. You place the deposit

   Say S$50,000 for 12 months at OCBC’s best deal for that term, placed today.

   Sat 14 Nov 2026 at 1.85% a year.

2. Renew at the promotion rate, if there is one

   In the OCBC app, between 2 and 5 business days before the end, you can renew at the promotion rate of the day, if OCBC has one then for your term and amount. The new rate starts from the original end date.

   For this deposit: Mon 8 Nov 2027 to Thu 11 Nov 2027.

3. Last day to change what happens at the end

   Up to 2 working days before the end, choose: renew the deposit and its interest, renew the deposit and take the interest, or take both.

   For this deposit: Thu 11 Nov 2027.

4. The deposit ends

   OCBC’s confirmation gives the exact end date.

   About Sun 14 Nov 2027.

5. At the end

   Either Do nothing

   The deposit renews for the same term. OCBC doesn’t say in writing at what rate; at its board rate, the next term earns a fraction of the promotion.

   OCBC’s 12-month board rate for S$50,000 today: 0.10%.

   Or Take it out, or move it

   Take the deposit and its interest, and place it wherever pays most that day. A new deal may need fresh funds.

   Highest 12-month deal for this amount today: 2.30%, at CIMB. Every deal

Rules from OCBC’s time deposit help page, checked 24 Oct 2026. Dates for a deposit placed today; business days leave out weekends and Singapore public holidays (MOM’s list). Rates are today’s, from our read of OCBC’s rates.

Your deposit

Amount

S$

For6 months12 months

At the promotion, 1.85%

$925

The next 12 months if it renews at the board rate, 0.10%

$50

That is $875 less for the same money and time.

OCBC gives you a way out. In the OCBC app you can renew at the promotion rate of the day, between 2 and 5 business days before the deposit ends; the new rate starts from the original end date. This works only if OCBC has a promotion then for your deposit’s term and your deposit meets its minimum; if the “Renew at promotion rate” option isn’t in the app, there may be no promotion at the time. Up to 2 working days before the end, you can also change what happens at the end: renew the deposit and its interest, renew the deposit and take the interest, or take both. The reminder above is set a week before the end date, so you are inside that window.

From OCBC’s time deposit help page, checked 24 Oct 2026. OCBC doesn’t say in writing what rate a deposit gets if it simply renews; see what OCBC doesn’t say.

Where OCBC ranks for your amount

Put in your amount and term and untick what you can’t do. OCBC is marked in the list, so you can see whether its deal is the one to take or how far behind it is.

Your deposit

Amount

S$

For1 month2 months3 months4 months5 months6 months7 months8 months9 months10 months12 months15 months18 months24 months36 months

You can

Bring new money to the bank (“fresh funds”) Place it in the bank’s app or website Open an account with a new bank Use a priority or premier tier you have

OCBC is number 8 of 14 for this.

1. 1

   CIMB Online promotion

   online · S$10,000+ · until 30 Nov · board rate 0.30%

   2.30%+$1,150

2. 2

   Maybank Deposits Bundle

   fresh funds · 2.40% on the deposit, S$1,000 kept in savings per S$10,000 · S$22,000+ · checked by hand 8 Nov · board rate 0.35%

   2.19%+$1,095

3. 3

   Bank of China Mobile banking promotion

   in the app · S$20,000+

   2.10%+$1,050

4. 4

   HL Bank Promotion (online)

   online · S$10,000+

   2.10%+$1,050

5. 5

   RHB Fixed deposit promotion

   S$20,000+ · checked by hand 8 Nov

   2.10%+$1,050

6. 6

   Singapura Finance Counter promotion

   at a branch · S$20,000+

   2.10%+$1,050

7. 7

   Hong Leong Finance HLF Digital promotion

   online · S$20,000+ · board rate 0.25%

   1.90%+$950

8. 8

   OCBC Promotion (online)

   online · fresh funds · S$20,000+ · checked by hand 10 Nov · board rate 0.10%

   1.85%+$925

Interest on S$50,000 at the end of 12 months, simple interest as banks pay it on fixed deposits; no tax for individuals in Singapore. 6 more banks pay less. Rates change often: confirm on the bank’s page before you place. Not advice.

OCBC against DBS, UOB and Maybank

What each bank pays on S$50,000 of fresh funds placed online, with no banking tier; the board rate is for S$50,000 too. Other amounts can differ a lot: try yours. Every bank and its conditions

Get the top fixed deposit rates by email

One email when the highest 6 or 12-month rate changes, at most once a week, with the top rate for each term and what it needs.

Your emailEmail me

Send me

Savings Bonds T-bills SORA Fixed deposits CPF interest Electricity tariff Job market Inflation COE results

You confirm by email first. Unsubscribe in one tap. No ads, never shared. How we handle your email

OCBC’s promotion rates over time

OCBC’s 12-month promotion, placed online, pays 1.85% on 10 Nov. The highest in the copies we found was 3.40%, on 9 Dec 2022.

From copies of OCBC’s fixed deposit page saved by the Internet Archive, about one a month since Nov 2022; each date links to its copy, so you can check it. Copies that show the same rates are joined into one row. A promotion that started and ended between two copies is not here. Copies before Nov 2022 use an older layout that doesn’t say which rates were promotions, so they are left out. Since 24 Oct 2026 we also save a copy whenever a rate changes.

What changed at OCBC

OCBC has not changed a rate since we started reading its page on 24 Oct 2026. Changes show here the day we see them.

What OCBC doesn’t say

We read OCBC’s time deposit page, its board rate page, its time deposit help page and the terms of its promotion. These things are not in any of them, so we can’t tell you them either:

• How much the early withdrawal fee is. OCBC says you “may earn less or no interest” if you withdraw before the end and “may also incur an early withdrawal fee”, but gives no amount or formula. The promotion’s terms say nothing about early withdrawal.
• What rate a deposit gets if it simply renews. OCBC lists the choices at the end and offers renewal at the promotion rate in the app, but doesn’t state the rate for a deposit that rolls over on its own. Its board rate page says its longest board rates are for renewals, which suggests renewals are priced at board rates; ask OCBC before you rely on it.
• When the promotion ends. The terms say the rates are “for a limited time period only” and can change “without notice” (clause 4), with no end date. A rate you have placed stays fixed for its term.
• Promotion codes. OCBC sends some customers a private promotion code, by email, app notification or relationship manager, with a rate that “may differ from time to time”. Codes can’t be shared (clauses 1.1 and 1.3 of the promotion code terms), so their rates aren’t on this page.
• When the board rates took effect. The board rate page gives no date.

Checked 24 Oct 2026. If OCBC publishes any of these, we will add it here and say so under changes to this page.

Is my money safe at OCBC?

Insured up to S$100,000

OCBC is a member of the Deposit Insurance Scheme (as OCBC Bank). If it failed, the Singapore Deposit Insurance Corporation would pay back up to S$100,000 of your Singapore-dollar deposits with it, fixed deposits and savings added together.

From SDIC’s list of members, checked 24 Oct 2026. Foreign-currency deposits are not insured. More on deposit insurance

More on this topic

Questions people ask

How we get these numbers

OCBC’s site turns our script away, so a person reads its fixed deposit pages in a browser every week and types in every rate: last on 10 Nov. The rates above are dated 10 Nov; if they are not read again within 14 days, they come off this page. A rate that changes between reads goes into the history below, the same as one our script reads.

Every bank is ranked by the rate it publishes, with its conditions beside it; no bank pays to be listed. How we read all 17 banks and finance companies, and what we do when a page fails: the fixed deposit rates page.

• OCBC’s rates come from its time deposit page (the promotion) and its SGD board rate page.
• Past rates come from copies of OCBC’s page saved by the Internet Archive, each linked in the table above; whenever a rate changes, we ask the Internet Archive to save a fresh copy.
• This page shows numbers, not advice on where to put your money. See our disclaimer, how we get our numbers and corrections.

Disclosure: the editor, Jeremiah Say, has no fixed deposits. Numbers.sg is not paid by any bank or finance company, and there are no affiliate links on this page.

Rates are the bank’s own published figures, read from the page linked above. Numbers.sg is independent and is not endorsed by any bank.

Changes to this page

1. 8 Nov 2026

   OCBC fixed deposits: OCBC’s site has turned our reader away since 3 Nov, so we read its promotion and board rate pages ourselves in a browser on 8 Nov. All 112 rates matched our 2 Nov read (promotion 1.85% online for 12 months, S$20,000+), so the page now dates them 8 Nov and says the read was by hand. We will re-read them every week while the block lasts. OCBC fixed deposit rates

2. 8 Nov 2026

   Correction. The OCBC fixed deposit page said its rates were “as we read them today” while our reader was held on OCBC’s page; they were from 2 Nov. That line now gives the date of the last good read, and a new check fails if any page calls a held bank’s rates today’s. OCBC fixed deposit rates

3. 24 Oct 2026

   OCBC fixed deposit rates: every OCBC promotion and board rate read from OCBC’s own pages twice a day, what your deposit would earn if it rolled onto the board rate, OCBC’s window to renew at the promotion rate with a calendar reminder, OCBC’s promotion rates since Nov 2022 from Internet Archive copies, and what OCBC doesn’t say. See OCBC’s rates

4. 24 Oct 2026

   Bank fixed deposit pages: the rate-history charts have larger text on phones, and the renewal box now reads “no 12-month promotion” rather than “no 12 months promotion”. See a history chart