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OCBC Fixed Deposit Promotion May 2023
By My Sweet Retirement  •  May 12, 2023
Here is OCBC Fixed Deposit Promotion for the month of May 2023. This is an alternative choice if you prefer OCBC as compared to the Fixed Deposit Promotion offered by UOB. What is the difference? OCBC is offering a slightly lower interest rate per annum at 3.30% per annum for a shorter tenor period of 6 months. The minimum placement amount for OCBC Singapore Dollar Fixed Deposit promotion is S$20,000. Only fresh funds will enjoy this promotion. If you are wondering what “Fresh Funds” mean, “Fresh Funds” means that the deposit are not funds transferred from existing OCBC savings/current/fixed deposit account(s) or OCBC cheques, cashier’s orders and demand drafts. You can find more information under their Terms and Conditions.

OCBC Fixed Deposit Using CPF Funds

Besides using cash to make the Fixed Deposit placement, you can now place a Singapore Dollar Time Deposit with your CPF Ordinary Account funds. However, you have to visit any OCBC Bank...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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