Best Singapore Fixed Deposit Interest Rates for 2017
If you have Lower risk appetite on investment, and looking for a guarantee principal and a gurantee return on your Saving. You might be looking to channel your fund into Fixed Deposit account. There are a lot of fixed deposit packages offered by different banks in Singapore, I have did a brief summarise Table below regarding Best Singapore Fixed Deposit Interest Rates for 2017 which i can find.The Rate should be accurate and Valid as of starting of Nov 2017.
What is a Fixed Deposit
- Fixed Deposit is an Account where you need to Placed your Fund into a Bank Account in a designated or required amount of Time.
- You are not allowed to withdraw the fund within the Contract placement time.
- At the end of your Fixed Deposit Contract time , the stated interest rate in your Fixed Deposit Account will be credited to you.
Check out the Best Singapore Fixed Deposit Interest Rates for 2017 by Referring the Table below
NO | Banks Name | Fixed Deposit Plan | Deposit Amount | Interest By Month | Premature Withdraw Fee or fall back fee | Other Criteria | ||
6 Months | 12 Months | 24 Months | ||||||
1 | CIMB | CIMB Star Saver Account | S$5000 | 0.8% | 0.8% | No Fall Back Fee | No | |
2 | CIMB | CIMB Fast Saver Account | S$5000 | 1.0% | 1.0% | No Fall Back Fee | Must Maintain at least S$1000 Acc Balance to enjoy 1.0% Interest | |
S$5000 | 0.6% | 0.6% | No Fall Back Fee | |||||
3 | ICBC Bank | ICBC Bank Fixed Deposit | S$20000 | 1.25% | 1.25% | Yes | Fresh Fund | |
S$200000 above | 1.3% | 1.3% | Yes | |||||
4 | RHB | RHB High Yield Saving Account | Interest apply after the nextS$10000 | 1.0% | 1.0% | No Fall Back Fee | Interest 1% capped between S$10K to $100k | |
5 | MayBank | MayBank Time Deposit | Above S$5000 | 1.4% | 1.55% | Yes | ||
6 | Sing Investment and Finance | Fixed Deposit | S$50000 | 1.15% | 1.25% | Yes | ||
7 | State Bank Of India | Fixed Deposit | S$10000 to S$49999 | 1.25% | 1.25% | Yes | ||
S$50000 to S$ 1000000 | 1.35% | 1.35% | Yes | |||||
8 | Standard Charted | e saver | < S$50000 | 1.05% | 1.05% | Yes | ||
S$50,000 to < S$200,000 | 1.10% | 1.10% | Yes | |||||
> S$200,000 | 1.20% | 1.20% | Yes | |||||
9 | OCBC | OCBC Time Deposit | S$20000 to S$ 999999 | 1.1% | 1.1% | Yes | ||
10 | Hong Leong Finance | Fixed Deposit | S$30,000 to < S$50,000 | 1.1% | 1.1% | Yes | ||
S$50,000 to < S$100,000 | 1.15% | 1.15% | Yes | |||||
> S$100,000 to < S$200,000 | 1.20% | 1.20% | Yes | |||||
>> S$200,000 | 1.25% | 1.25% | Yes | |||||
11 | UOB | UOB Deposit Saving | S$ 15000 to S$50000 | 0.6% | 0.6% | Yes | Deposit Fresh Fund | |
S$50,000 to S$100000 | 0.8% | 0.8% | Yes | |||||
> S$100000 to $1000000 | 1.0% | 1.0% | Yes |
Check out OCBC 360 vs UOB One and So on
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