I know a lot of you are in the market for high yielding fixed deposit to park your cash, risk free. So I just wanted to do a quick shout out that OCBC is running a Chinese New Year Promotion
for Fixed Deposit right now.
OCBC Fixed Deposit yields 4.08% (for SGD) and 5.08% (for USD)
If you have an existing OCBC 360 account, you can get 4.08% p.a. on your SGD fixed deposit
with an 8 months tenure. This goes up to 5.08% p.a. for USD
, which is frankly very attractive if you have some USD lying around (by contrast DBS pays only 4.5% for USD Fixed Deposits
In fact if you’re premier banking, you can get 4.18% p.a. for 8 months
Minimum Fixed Deposit for OCBC is $20,000