Lastest S$ Deposit updates - Part 3

[pratik28]

Not bad , RHB , HL Bank , etc increase their FD rates , so before lockin feel like waiting until end of the month to see who else will join the bandwagon haha.
1.8% 88days OCBC
1.6% 6m HL Bank
1.4% 12m RHB seems best FD options for now

 

[Alwaysb]

not in tnc (the illustration)
they have a simplied one account illustration at their website page ,need scroll down a bit

https://www.ocbc.com/personal-banking/deposits/statement-passbook-savings-account

Thanks. Don’t understand why OCBC cannot have this example on the terms and conditions

 

[BrandonnC]

1.8% 88days OCBC

Does it mean the 1.8% is only for 88 days only?

 

[EveMuffins]

Does it mean the 1.8% is only for 88 days only?

yes..88 days only

 

[waterpighead]

Any of u guys rec’d calls from ocbc RM, asking if u are keen to further top up ur fresh funds to $350k
for premier upgrade?

yes..88 days only

the 1.8%pa , there is also a welcome reward of $800.

 

[Nanonited]

I think better keep too. clause 1.5(iii) says funds must be incremental to the overall balances for 88 days from date of eligible transaction ( I presume is earmark date) . wah so cannot spend from all accounts or need advance put extra marnee just in case

Very messy this promotion. My 360 has in and out movements the last 30 days. How i remember what is the highest value vs now?

so if i put 100k as earmark and transfer in 100k and then somehow my existing balance measured against is short few hundred dollars become you fail the earmark?

also another thing is you cannot put 100k earmark then register for promo and transfer in more subsequently?

 

[sglandscape]

Very messy this promotion. My 360 has in and out movements the last 30 days. How i remember what is the highest value vs now?

so if i put 100k as earmark and transfer in 100k and then somehow my existing balance measured against is short few hundred dollars become you fail the earmark?

also another thing is you cannot put 100k earmark then register for promo and transfer in more subsequently?

Based on the tnc, yes.

 

[pratik28]

Hong Leong Finance

Special Fixed Deposit Promotion​

Deposit Amount	4-Month	5-Month
S$50,000 and above	1.50%	1.50%

Published rates are as of 22 Jan 2026

 

[pratik28]

GXS Bank

From now till 28 Feb 2026,
receive S$10 cashback for
every $$5,000 in fresh funds
deposited into a new 3-
month Boost Pocket, up to a
total of S$1601!

This bonus cashback is on
top of the prevailing 1.3% p.a.
interest rate you secure in
your Boost Pocket.

Here's how:
1. Create a new 3-month
Boost Pocket and name it
'HUAT.
2. Deposit fresh funds of at
least S$5,000 by 28 Feb
20262
3. Keep existing funds in your
GXS Savings Account and
hold the Boost Pocket till
maturity.

 

[sglandscape]

GXS Bank

From now till 28 Feb 2026,
receive S$10 cashback for
every $$5,000 in fresh funds
deposited into a new 3-
month Boost Pocket, up to a
total of S$1601!

This bonus cashback is on
top of the prevailing 1.3% p.a.
interest rate you secure in
your Boost Pocket.

Here's how:
1. Create a new 3-month
Boost Pocket and name it
'HUAT.
2. Deposit fresh funds of at
least S$5,000 by 28 Feb
20262
3. Keep existing funds in your
GXS Savings Account and
hold the Boost Pocket till
maturity.

So it becomes 1.38%? That's not great.

 

[pratik28]

So it becomes 1.38%? That's not great.

I think 2% haha , better than ocbc??

Eg for 50k deposit ,

• Base Interest Rate: 1.30\%
• Cashback Boost: +0.80\% (The $100 adds an effective 0.8% p.a. over 3 months)
• Total EIR: 2.10\%

 

[pratik28]

GXS knew most of their Xmas pockets will be out by 1st Feb , so they had to come up with a new promo!!

 

[sglandscape]

I think 2% haha , better than ocbc??

Eg for 50k deposit ,

• Base Interest Rate: 1.30\%
• Cashback Boost: +0.80\% (The $100 adds an effective 0.8% p.a. over 3 months)
• Total EIR: 2.10\%

You are right, I calculated it wrongly. 2% is looking good.

 

[Ahboy069]

always promo also haven’t get a single cent from boost 1 n 2
Not gg to trust them

 

[banyan8]

GXS knew most of their Xmas pockets will be out by 1st Feb , so they had to come up with a new promo!!

throughout the 3-month tenure of Huat, maintain a minimum Total Day End Balance
(as defined below) that is equal to or greater than the Total Day End Balance as at the
date of opening Huat.
"Total Day End Balance” means aggregate day end balance in your GXS Savings Account
(i.e. Main Account, all Saving Pockets and all Boost Pockets) for every day of the said period.

Can't withdraw the previous XMAS fund on 1 Feb if one participates in this HUAT promo?

 

[pratik28]

throughout the 3-month tenure of Huat, maintain a minimum Total Day End Balance
(as defined below) that is equal to or greater than the Total Day End Balance as at the
date of opening Huat.
"Total Day End Balance” means aggregate day end balance in your GXS Savings Account
(i.e. Main Account, all Saving Pockets and all Boost Pockets) for every day of the said period.

Can't withdraw the previous XMAS fund on 1 Feb if one participates in this HUAT promo?

Yes , so I guess GXS attracting new funds who didnot participate in Xmas promo.
Dont touch your Xmas pocket until maturity as you will be disqualify for bonus cashback.
Also , once u do a Huat pocket , you cant withdraw anything whatsoever ,neither from pockets nor from gxs main a/c for the next 3m

 

[pratik28]

throughout the 3-month tenure of Huat, maintain a minimum Total Day End Balance
(as defined below) that is equal to or greater than the Total Day End Balance as at the
date of opening Huat.
"Total Day End Balance” means aggregate day end balance in your GXS Savings Account
(i.e. Main Account, all Saving Pockets and all Boost Pockets) for every day of the said period.

Can't withdraw the previous XMAS fund on 1 Feb if one participates in this HUAT promo?

You can go for options like the ocbc 1.8% 3m , uob stash EIR 1.95% 7m (incl $250 cash credit) , etc. Though criterias not apples to apples.
HL Bank 1.6% , HLF 1.5% , RHB 1.45% FDs r good too.

 

[lzydata]

Tenor	Minimum Placement Amount (Fresh Funds in SGD)	Promotional Interest Rate
3 months	S$25,000	Personal Banking: 1.45% p.a. Priority Banking: 1.50% p.a. Priority Private: 1.55% p.a.

https://www.sc.com/sg/save/time-deposits/singapore-dollar-time-deposit/

Stanchart improved offers.

 

[alex22]

throughout the 3-month tenure of Huat, maintain a minimum Total Day End Balance
(as defined below) that is equal to or greater than the Total Day End Balance as at the
date of opening Huat.
"Total Day End Balance” means aggregate day end balance in your GXS Savings Account
(i.e. Main Account, all Saving Pockets and all Boost Pockets) for every day of the said period.

Can't withdraw the previous XMAS fund on 1 Feb if one participates in this HUAT promo?

I am thinking hollow out gxs for 1 day.
Then next day open the Huat pocket, fill with desired amount.
That way start as low as possible
Then in case u do need to use gxs for something, can fill it up a bit to use and still not fall below the starting point value of the Huat pocket start day

 

[sglandscape]

I am thinking hollow out gxs for 1 day.
Then next day open the Huat pocket, fill with desired amount.
That way start as low as possible
Then in case u do need to use gxs for something, can fill it up a bit to use and still not fall below the starting point value of the Huat pocket start day

You have to do it based on when the Promo starts. It's too late now for current promo. Best strategy and the usual one is every month merry go round.