Do bear in mind that you will need to have another minimum sum of S$20,000 in your OA. The minimum sum to put into this fixed deposit is S$20,000. This works in the same fashion as any other fixed deposits, except that the money is coming from your CPF OA instead of cash. What you need to know about the OCBC 8-month fixed deposit using CPF-OA Here's what we found out about the OCBC fixed deposit for CPF OA funds.
This is higher than the prevailing CPF OA interest rate of 2.5%. OCBC now allows you to make a 8-month fixed deposit with their CPF Ordinary Account (CPF OA) funds and earn 3.88% p.a.Įarlier, OCBC started offering a 12-month fixed deposit for CPF OA funds at 3.40% p.a.
