Promotion Interest rate for $S Fixed Deposits

Both UOB and OCBC are offering promotion interest rates for their S$ fixed deposits (FD) during this festive period.

Bank Interest rate Tenor Remarks
UOB 1.7% p.a. 13 months Minimum fresh fund S$20,000.

Promotion ends 29 February 2016.

OCBC 1.7% p.a. 12 months Minimum fresh fund S$20,000.

Promotion period is limited at discretion of OCBC.

DBS did not offer any promotion interest rates. It is still board rate at 0.35% p.a. for 12-month deposit.

I did not check out the other banks.

Copyright © 2016, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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