If you’re new to the fixed deposits game, let’s just put it out there: board rates typically suck. OCBC fixed deposit rates (Nov 2019) OCBC fixed deposits Let’s see how OCBC’s fixed deposits measure up against others.
There are plenty of fixed deposit promotions in the market, but if your motto is “local is best”, then you might be looking for the best local bank to place your savings in. Looking for a low risk investment vehicle that is virtually stress free? Then a fixed deposit might be for you.