Li Chun 2025: Most auspicious date and time to deposit money this CNY

You might not know it by name, but perhaps you've noticed snaking (get it? It's the Year of the Snake!) queues at cash deposit machines on a particular day during the Chinese New Year (CNY) period. That date is called Li Chun.

Signifying the start of spring, Li Chun is supposedly an auspicious day for you to deposit money. Fengshui masters even determine specific hours during Li Chun when it's most auspicious to deposit cash for different zodiac signs.

How did Li Chun come about? And if it's really so auspicious, when's the best time for you to deposit cash based on your zodiac sign? Here's our guide on the why, when and where to deposit your cash on Li Chun 2025.

1. What is Li Chun?

Li Chun is a day that signifies the beginning of spring in Chinese culture. Depositing money on Li Chun is said to symbolise the steady flow of money for the year ahead. 

Most years, Li Chun falls on Feb 4, give or take a day or 2. The exact date depends on when the sun reaches the celestial longitude of 315°. This year, Li Chun falls on Feb 4, 2025, which is a Tuesday.

While feng shui masters now ply us with heaps of advice on depositing money on Li Chun, the origins of this practice don't lie in traditional beliefs. It reportedly got popular from banks' marketing gimmicks in the 2000s (perhaps why some feng shui masters don't believe in depositing money on Li Chun).

Not only is depositing money on Li Chun fairly new, but it's also a practice that's pretty localised to Singapore. In other countries such as China, Li Chun traditions include eating spring rolls and balancing eggs upright on flat surfaces-not so much rushing to banks to deposit money.

2. When is Li Chun 2025?

The date we're looking at this Chinese New Year 2025 is Feb 4, 2024. But wait! There's more.

It's not good enough to simply deposit cash at the ATM any time on Feb 4, 2025, OTOT (own time, own target). You need to time your cash deposit perfectly in order to maximise your chances of "good fortune".

The timings differ based on your Chinese zodiac sign. 

Feng shui masters don't always agree with each other, and everyone has different feng shui masters they trust more.

But based on the charts published on several sites, many publications believe Way Fengshui has it right this year. Here's a guide to when you should deposit money on Li Chun 2025 based on your zodiac sign:

The feng shui masters at Way Fengshui even recommend certain auspicious colours you can don on Li Chun to maximise your luck for your zodiac sign. You'll be surprised-only three zodiac signs are supposed to wear red!

• Rat: Yellow, brown, white, gold
• Ox, Monkey, Dragon: Blue, black, white, gold
• Tiger: Red, orange, yellow, brown
• Rabbit: Green, yellow, brown
• Snake: White, gold
• Horse: Green, yellow, brown
• Goat: Red, orange
• Rooster: White, gold, yellow, brown
• Dog: Green, red, orange
• Pig: Blue, black, green

3. Li Chun 2025: Must I deposit cash in person, or can I do online banking?

Don't want to waste time on Li Chun queueing at cash deposit machines with throngs of fellow Singaporeans clutching their own feng shui charts? Yes, you can skip the queue!

According to Way Fengshui, it's also acceptable to deposit your money via online banking instead. That makes sense to us too-since depositing money on Li Chun is a fairly new practice that arose in recent years, the means to deposit the cash should be pretty modern as well. It's time to embrace E-Chun!

Of course, feel free to physically go down on Li Chun if you want to keep things more traditional. We get it, some of us feel better dealing with paper notes instead of pixels on a screen.

4. 'Huat' are the best savings accounts to open for Li Chun 2025?

Since you're doing a bit of banking, you might as well review your present savings account to see if there are any better and/or more suitable ones to keep your cash.

That means making sure you're seeing good returns by depositing your money in one of the highest interest savings accounts in Singapore.

Here are a few account recommendations.

If you only want to credit your salary and spend on your credit card, the UOB One Account has the highest effective interest rates (four per cent p.a.) on the first $150,000 you deposit.

Perfect for lower income earners, the OCBC 360 savings account awards you with 3.2 per cent p.a. effective interest on your first $75,000 when you credit a minimum $1,800 salary and save $500 each month.

The DBS Multiplier doesn't come with as high interest rates as the two savings accounts above, but if you like most Singaporeans already have a DBS account, opening a Multiplier account sure beats the meagre rates of a checking account.

The winner for the lowest effort savings account is the CIMB FastSaver account. You don't need to fulfil any spend/insure/invest/borrow criteria. Just put your money in there and enjoy an effective interest rate of 5.2 per cent on your first $25,000 till March 31, 2025.

5. How else can I grow my money on Li Chun 2025?

Skeptical that simply depositing money on a designated day will somehow make you richer? There are surer ways to grow your money on Li Chun. Take part in the symbolic "seed sowing" ritual by putting your money into an investment account rather than a savings account.

Some suggestions:

• Open a fixed deposit account
• Put your money in a high interest savings account
• Start a regular savings plan
• Check out an insurance savings plan
• Buy Singapore Savings Bonds or T-bills
• Fund your robo advisor account
• Start investing with the right investment brokerage

Not feeling adventurous this year? Explore our recommended low risk investments-these are as safe as you can get.

Note that interest rates may change every now and then, so you do need to check what the rates are for the investment of your choice in February for Li Chun.

In any case, don't forget that even some fengshui masters aren't convinced that depositing money on Li Chun really works. So these investments or a high-interest savings account might give you better odds of, you know, actually making money.

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This article was first published in MoneySmart.