OCBC has a new Fixed Deposit promotion where you can earn 4.08% p.a. for a 8-month fixed deposit.
OCBC 360 members can enjoy a higher interest rate of 4.08% p.a. for an 8-month locked deposit with OCBC. Non-members earn also earn 3.88% p.a. for the same period.
OCBC FD CNY 2023 promotion
Premier banking and Premier Private Clients earn an even higher interest rate of 4.18% for the same 8-month fixed deposit.
OCBC SGD FD interest rates for cash deposits
The good news is that you can also use your CPF OA funds to capitalize on the promotion. 8-month FD rates for CPF OA is also 3.88%, while the 12-month FD rates are slightly lower at 3.4%.
OCBC SGD FD interest rates for CPF OA
This may allow you to put your CPF OA funds to earn higher interest rates, compared to the current 2.5% p.a. rates.
For CPF OA deposits, you need to visit an OCBC branch to make a deposit. The minimum placement is S$5000...