Dear readers, if you are a regular reader of SG Stocks Investing, you will know that one feature of SG Stocks Investing is on the tracking of the fixed deposit interest rates of the financial institutions in Singapore.
As what I have been sharing, OCBC bank seems to be offering and maintaining to a 2.70% per annum on its fixed deposit interest rates since Jul 2023, when other banks have increased their fixed deposit interest rates during this period.
But there is a good news that I would like to share with readers now! A recent check on OCBC’s fixed deposit shows that while the bank is still keeping to a 2.70% per annum interest rate, the bank is offering a 3.10% per annum interest rate on a minimum placement amount of S$30,000 for fixed deposit that is applied via internet banking! For more details, visit OCBC Fixed Deposit webpage.
UOB is also offering a 3.10% per annum on its fixed deposits, details can be found here.
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