Best Fixed Deposit Accounts Singapore ( Updated Oct 2020)
Best Fixed Deposit Accounts Singapore ,If you are Seeking for guarantee returns on your Saving & have a low Risk appetite. Fixed deposit will be your choice .
Check out the Best FD interest rate in Singapore through the navigation link below.
Best Fixed Deposit Comparison Calculator
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Best Fixed Deposit Promotion in Oct 2020. By Tenor
Best Fixed Deposit Rates in Oct 2020. By Tenor
Best interest rate for Fixed Deposit below S$1000
Best interest rate for Fixed Deposit S$1000 <= Deposit Amount < S$5000
Best Interest rate for Fixed Deposit S$5000 <= Deposit Amount < S$10,000
Best Interest rate for Fixed Deposit S$10,000 <= Deposit Amount < S$20,000
Best Interest rate for Fixed Deposit S$20,000<= Deposit Amount < S$25,000
Best Interest rate for Fixed Deposit S$25,000 <= Deposit Amount < S$50,000
Best Fixed Deposit rates in Oct 2020. ( From 1 Month to 5 Month ) comparison
Best Fixed Deposit rates in Oct 2020. ( From 6 Month to 36 Month ) comparison
Best Interest rate for Fixed Deposit more than S$50,000
Complete Fixed Deposit 2020 Guide
Best Fixed Deposit Rates Promotion in October 2020.
| NO | Bank | Deposit Amount | Tenor (Months ) | Interest rate | Promotion End |
| 1 | 
OCBC fixed deposit promotion |
S$20,000 Above | 12 | 0.50% | NA |
| 2 |
|
S$20,000 Above | 12 | 0.80% | NA |
| 12 | 0.85%( Fresh Fund Via Online Payment) | ||||
| 3 | 
Standard Charted fixed deposit promotion |
S$25,000 Above | 6 | 0.20% ( Normal )
0.30% ( Priority Banking) |
12 OCT |
| 4 |
HSBC fixed deposit promotion |
S$30,000 To S$1200,000 | 3 | 0.30% | 31 Oct 2020 |
| 5 | 
UOB fixed deposit promotion |
Minimum S$20,000 | 10 | 0.55% | 31 Oct 2020 |
Best Fixed Deposit Rates in September 2020. By Tenor ( 1 Month to 36 Month )
Note : Promotional Rates By Bank, does not necessarily means they are the best rate , you will still need to do your home work to compare all different Tenor &Interest rate offered By different Banks in Singapore
I have done All the Hard work 💪💪 on your behalf
Check out the Best Singapore Fixed Deposit Interest Rates By Tenor ( Updated Oct /2020 ) by Referring the Table below
| Tenor (In Month ) | Bank | Deposit Amount | Interest Rate |
| 1 Month | 
ICBC SGD Fixed Deposit |
S$500 Above Fresh Fund ( E-Banking ) | 0.25% |
Bank Of China SGD Fixed Deposit |
S$5000 to S$499,999 | 0.275% | |
| S$500,000 Above | 0.325% | ||
| 2 Month | 
State Bank Of India SGD Fixed Deposit |
S$5,000 to $S49,999 | 0.25% |
 |
S$100,000 Above | 0.30% | |
| 3 Month | 
MayBank iSAVvy Time Deposit |
S$5,000 to $S1,000,000 | 0.45% |
| 4 Month |
Bank Of East Asia SGD Fixed Deposit |
S$50,000 t0 S$499,999 | 0.375% |
|
Hong Leong Finance SGD FIXED DEPOSIT |
S$50,000 Above | 0.30% | |
| 5 Month |
Bank Of East Asia SGD Fixed Deposit |
S$1000 to S$49,999 | 0.25% |
| S$50,000 to S$499,999 | 0.375% | ||
| 6 Month |
MayBank iSAVvy Time Deposit |
S$5,000 to $S1,000,000 | 0.55% |
| 9 Month |
DBS/ POSB SGD FIXED Deposit |
S$1,000 to S$19,999 | 0.95% |
| 10 Month |
DBS/ POSB SGD FIXED Deposit |
S$1,000 to S$19,999 | 1.10% |
| 12 Month |
DBS/ POSB SGD FIXED Deposit |
S$1,000 to S$19,999 | 1.15% |
| 13 Month |
Hong Leong Finance Promotional SGD Fixed Deposit(Updated Oct 20) |
S$20,000 & Above | 0.80% |
| 14 Month |
OCBC SGD FIXED DEPOSIT |
S$5,000 & Above | 0.35% |
| 15 Month |
OCBC SGD FIXED DEPOSIT |
S$5,000 to S$20,000 | 1.25% |
| 16 Month |
OCBC SGD FIXED DEPOSIT |
S$5,000 to S$20,000 | 0.40% |
| 18 Month |
DBS/ POSB SGD FIXED Deposit |
S$1,000 to S$19,999 | 1.30% |
| 24 Month |
Maybank iSAVvy Time Deposit
|
S$5,000 & Above | 1.20% |
| 36 Month |
MayBank iSAVvy Time Deposit & MayBank SGD Fixed Deposit |
S$5,000 to $S1,000,000 | 1.50% |
Best interest rate for Fixed Deposit below S$1000
Only ICBC Bank & Hong Leong Finance offer Fixed Deposit minimum entry amount at S$500 and above
Best interest rate for Fixed Deposit S$1000 <= Deposit Amount <S$5000
| Tenure(Months) | Bank | Interest Rate |
| 1 month |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.20% |
| 2 months | 
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.125% |
| 3 months |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.40% |
| 4 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 5 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 6 months |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.50% |
| 9 months |  
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
0.95% |
| 10 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.10% |
| 12 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.15% |
| 13 months |
|
0.25% |
| 15 months | 
Sing Investments & Finance Fixed Deposit Interest Rate |
0.30% |
| 18 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.30% |
| 24 months | 
MayBank SGD Fixed Deposit Interest Rate |
1.0% |
| 36 months |
MayBank SGD Fixed Deposit Interest Rate |
1.5% |
Best interest rate for Fixed Deposit S$5000 <= Deposit Amount <S$10,000
| Tenure(Months) | Bank | Interest Rate |
| 1 month |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.25% |
| 2 months |
State Bank Of India SGD Fixed Deposit Interest Rate |
0.25% |
| 3 months |
Maybank SGD iSAVvy Time Deposit Interest Rate
|
0.45% |
| 4 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 5 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 6 months |
Maybank SGD Fixed Deposit Interest Rate
|
0.55% |
| 9 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
0.95% |
| 10 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.10% |
| 12 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.15% |
| 13 months |
|
0.25% |
| 15 months |
OCBC Fixed Deposit Interest Rate |
1.25% |
| 16 months |
OCBC Fixed Deposit Interest Rate |
0.40% |
| 18 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.30% |
| 24 months |
Maybank SGD iSAVvy Time Deposit Interest Rate
|
1.2% |
| 36 months |
OCBC SGD Fixed Deposit Interest Rate |
1.55% |
Best interest rate for Fixed Deposit S$10,000 <= Deposit Amount <S$20,000
| Tenure(Months) | Bank | Interest Rate |
| 1 month |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.25% |
| 2 months |
State Bank Of India SGD Fixed Deposit Interest Rate |
0.25% |
| 3 months |
Maybank SGD iSAVvy Time Deposit Interest Rate
|
0.45% |
| 4 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 5 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 6 months |
Maybank SGD Fixed Deposit Interest Rate
|
0.55% |
| 9 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
0.95% |
| 10 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.10% |
| 12 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.15% |
| 13 months |
|
0.25% |
| 15 months |
OCBC Fixed Deposit Interest Rate |
1.25% |
| 16 months |
OCBC Fixed Deposit Interest Rate |
0.40% |
| 18 months |
DBS / POSB Bank SGD Fixed Deposit Interest Rate |
1.30% |
| 24 months |
Maybank SGD iSAVvy Time Deposit Interest Rate |
1.2% |
| 36 months |
OCBC SGD Fixed Deposit Interest Rate |
1.55% |
Best interest rate for Fixed Deposit S$20,000 <= Deposit Amount <S$25,000
| Tenure(Months) | Bank | Interest Rate |
| 1 month |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.25% |
| 2 months |
State Bank Of India SGD Fixed Deposit Interest Rate |
0.25% |
| 3 months |
Maybank SGD iSAVvy Time Deposit Interest Rate
|
0.45% |
| 4 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 5 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 6 months |
Maybank SGD Fixed Deposit Interest Rate
|
0.55% |
| 9 months |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.65% |
| 10 months |
UOB Bank SGD Fixed Deposit Promotional Interest Rate |
0.65% |
| 12 months |
Hong Leong Finance Promotional SGD Fixed Deposit Interest Rate |
0.85% |
| 13 months |
|
0.90% |
| 15 months |
Hong Leong Finance Promotional SGD Fixed Deposit Interest Rate |
0.25% |
| 16 months |
OCBC Fixed Deposit Interest Rate |
0.40% |
| 18 months |
Sing Investment & Finance Promotional SGD Fixed Deposit Interest Rate |
0.80% |
| 24 months |
Maybank SGD Fixed / Maybank iSAVvy Time Deposit Interest Rate |
1.2% |
| 36 months |
Maybank SGD Fixed / Maybank iSAVvy Time Deposit Interest Rate |
1.50% |
Best interest rate for Fixed Deposit S$25,000 <= Deposit Amount <S$50,000
| Tenure(Months) | Bank | Interest Rate |
| 1 month |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.25% |
| 2 months |
State Bank Of India SGD Fixed Deposit Interest Rate |
0.25% |
| 3 months |
Maybank SGD iSAVvy Time Deposit Interest Rate
|
0.45% |
| 4 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 5 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.25% |
| 6 months |
Maybank SGD Fixed Deposit Interest Rate
|
0.55% |
| 9 months |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.65% |
| 10 months |
UOB Bank SGD Fixed Deposit Promotional Interest Rate |
0.55% |
| 12 months |
Hong Leong Finance Promotional SGD Fixed Deposit Interest Rate
Maybank SGD iSAVvy Time Deposit Interest Rate & Maybank SGD Time Deposit |
0.85% |
| 13 months |
|
0.80% |
| 15 months |
Hong Leong Finance Promotional SGD Fixed Deposit Interest Rate |
0.25% |
| 16 months |
OCBC Fixed Deposit Interest Rate |
0.40% |
| 18 months |
Sing Investment & Finance Promotional SGD Fixed Deposit Interest Rate |
0.80% |
| 24 months |
Maybank SGD Fixed / Maybank iSAVvy Time Deposit Interest Rate |
1.2% |
| 36 months |
Maybank SGD Fixed / Maybank iSAVvy Time Deposit Interest Rate |
1.50% |
Best interest rate for Fixed Deposit more than S$50,000
| Tenure(Months) | Bank | Interest Rate |
| 1 month |
ICBC Bank SGD Fixed Deposit Interest Rate Via E- Banking |
0.25% |
| 2 months |
State Bank Of India SGD Fixed Deposit Interest Rate
Bank Of East Asia SGD Fixed Deposit Interest Rate
CIMB SGD Fixed Deposit Interest Rate |
0.25%
(*SBI / BEA) 0.30% (Minimum S$100k for CIMB) |
| 3 months |
Maybank SGD iSAVvy Time Deposit Interest Rate
|
0.45% |
| 4 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.375% |
| 5 months |
Bank Of East Asia SGD Fixed Deposit Interest Rate |
0.375% |
| 6 months |
Maybank SGD Fixed Deposit Interest Rate
|
0.55% |
| 9 months |
Standard Chartered SGD Fixed Deposit Interest Rate
|
0.50% |
| 10 months |
UOB Bank SGD Fixed Deposit Promotional Interest Rate |
0.55% |
| 12 months |
Hong Leong Finance Promotional SGD Fixed Deposit Interest Rate
Maybank SGD iSAVvy Time Deposit Interest Rate & Maybank SGD Time Deposit |
0.85% |
| 13 months |
|
0.80% |
| 15 months |
Standard Chartered SGD Fixed Deposit Interest Rate |
0.7% |
| 16 months |
OCBC Fixed Deposit Interest Rate |
0.40% |
| 18 months |
Standard Chatered SGD Fixed Deposit Interest Rate |
0.7% |
| 24 months |
Maybank SGD Fixed / Maybank iSAVvy Time Deposit Interest Rate |
1.2% |
| 36 months |
Maybank SGD Fixed / Maybank iSAVvy Time Deposit Interest Rate |
1.50% |
Short Term Fixed Deposit Tenor ( From 1 Month to 5 Month ) Offer by 17 Banks in Singapore.
Check out the Best Singapore Fixed Deposit Interest Rates ( Updated Oct /2020 ) by Referring the Table below
| NO | Banks Name | Fixed Deposit Plan | Deposit Amount | Interest By Month | Premature Withdraw Fee | Other Criteria | ||||
| 1 | 2 | 3 | 4 | 5 | ||||||
| 1 |
|
CIMB SGD FIXED DEPOSIT RATES | S$5000 To S$99,999 | 0.20% | 0.25% | 0.30% | Yes | |||
| S$100,000 Above | 0.20% | 0.30% | 0.35% | Yes | ||||||
| CIMB SGD Islamic Fixed Rate | S$5000 Above | 0.10% | 0.10% | 0.10% | Yes | |||||
| CIMB Renminbi Offshore | RMB 10,000 | Yes | ||||||||
| RMB 50,000 | Yes | |||||||||
| RMB 100,000 | Yes | |||||||||
| RMB 250,000 | Yes | |||||||||
| 2 |
|
ICBC SGD FIXED DEPOSIT (Fresh Fund) | S$500 & Above ( Over the Counter) | 0.20% | 0.20% | No | ||||
| S$500 & Above (E-Banking) | 0.25% | 0.25% | No | |||||||
| ICBC SGD FIXED DEPOSIT (Non Fresh Fund) | S$500 to S$5000 | 0.20% | 0.20% | No | ||||||
| S$5000 to S$200,000 | 0.20% | 0.20% | No | |||||||
| S$200,000 Above | 0.20% | 0.20% | No | |||||||
| ICBC Renminbi (RMB) Fixed Deposit (Fresh Fund) | RMB 10000 to RMB 50000 | No | ||||||||
| RMB50000 Above | No | |||||||||
| ICBC Renminbi (RMB) Fixed Deposit (Non Fresh Fund) | RMB 10000 to RMB 50000 | No | ||||||||
| RMB 50000 Above | No | |||||||||
| ICBC US Dollar Fixed Deposit ( Fresh Fund) | USD 500 Above | No | ||||||||
| ICBC US Dollar Fixed Deposit (Non Fresh Fund) | USD 500 Above | No | ||||||||
| USD 100,000 Above | No | |||||||||
| 3 |
|
RHB SGD FIXED DEPOSIT | S$1000 to S$50,000 | 0.3125% | Yes | |||||
| S$50000 to S$499,999 | 0.35% | Yes | ||||||||
| S$500000 Above | 0.35% | Yes | ||||||||
| 4 |
|
MayBank
SGD FIXED DEPOSIT |
S$1000 to S$50,000 | 0.20%
Minimum ( S$10,000) |
0.35% | |||||
| S$50001 to S$99,999 | 0.20% | 0.35% | ||||||||
| S$100000 to S$249,999 | 0.20% | 0.35% | ||||||||
| S$250000 to S$999,999 | 0.20% | 0.35% | ||||||||
| MayBank iSAVvy Time Deposit | S$5,000 to S$24,999 | 0.45% | ||||||||
| S$25,000 to S$50,000 | 0.45% | |||||||||
| S$50,001 to S$249,999 | 0.45% | |||||||||
| S$250,000 to S$1,000,000 | 0.45% | |||||||||
| 5 |
|
DBS SGD FIXED DEPOSIT | S$1000 to S$9,999 | 0.05% | 0.05% | 0.15% | 0.15% | 0.15% | ||
| S$10000 to S$19,999 | 0.05% | 0.05% | 0.15% | 0.15% | 0.15% | |||||
| S$20000 Above | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | |||||
| 6 | |
POSB SGD FIXED DEPOSIT | S$1000 to S$9,999 | 0.05% | 0.05% | 0.15% | 0.15% | 0.15% | ||
| S$10000 to S$19,999 | 0.05% | 0.05% | 0.15% | 0.15% | 0.15% | |||||
| S$20000 Above | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | |||||
| 7 | |
UOB SGD FIXED DEPOSIT | S$5,000 Above | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | UOB is not accepting any new fixed deposit for tenor of 12 months and above effect 01/08/20 | |
| UOB Fixed Deposit Promotion (Till 30 Oct 20 ) | ||||||||||
| 8 | |
OCBC SGD FIXED DEPOSIT | S$5,000 To S$20,000 | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | ||
| S$20000 Above | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | |||||
| OCBC Promotional SGD Fixed Deposit(Updated Oct 20) | ||||||||||
| 9 | |
Hong Leong Finance SGD FIXED DEPOSIT
Normal Rate |
$$<= S$50,000 | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | ||
| More Than S$50,000 | 0.15% | 0.15% | 0.30% | 0.30% | 0.30% | |||||
| Hong Leong Finance SGD FIXED DEPOSIT
Senior Citizen Rate) |
$$<= S$50,000 | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | ||||
| More Than S$50,000 | 0.15% | 0.15% | 0.30% | 0.30% | 0.30% | |||||
| Hong Leong Finance Promotional SGD Fixed Deposit(Updated Oct 2020) | S$20,000 Above | |||||||||
| 10 | 
|
Hong Leong Bank SGD FIXED DEPOSIT | Minimum S$50,000 | 0.10% | 0.20% | |||||
| Hong Leong Bank Promotional SGD Fixed Deposit(NA) | ||||||||||
| 11 |
|
Standard Chartered Bank SGD FIXED DEPOSIT |
Minimum S$50,000 | 0.05% | 0.10% | |||||
| Standard CharteredBank Promotional SGD Fixed DepositTill 30 Oct 2020 Minimum S$25,000 & above | ||||||||||
| 12 | 
|
citibank SGD FIXED DEPOSIT | Minimum S$10,000 | 0.05% | 0.08% | 0.08% | ||||
| citibank Promotional SGD Fixed Deposit(NA) | 0.05% | 0.08% | 0.08% | |||||||
| 13 | 
|
HSBC SGD FIXED DEPOSIT | Personal Banking Interest Rates Minimum S$5,000 | 0.05% | 0.10% | |||||
| HSBC Personal/Advance Interest Rates SGD Fixed Deposit
(NA) |
0.05% | 0.10% | ||||||||
| HSBC Premier Interest Rates SGD Fixed Deposit
(NA) |
0.08% | 0.13% | ||||||||
| HSBC Jade Interest Rates SGD Fixed Deposit
(NA) |
0.13% | 0.18% | ||||||||
| HSBC Promotional SGD Fixed Deposit
(NA) Current Oct 2020 only f0r 3 months Deposit Minimum Deposit
|
0.30% | |||||||||
| 14 | |
Bank Of East Asia SGD FIXED DEPOSIT | S$1000 to S$49,999 | 0.125% | 0.125% | 0.25% | 0.25% | 0.25% | ||
| S$50,000 t0 S$499,999 | 0.25% | 0.25% | 0.375% | 0.375% | 0.375% | |||||
| Bank Of East Asia Promotional SGD Fixed Deposit(NA) | ||||||||||
| 15 | |
SING INVESTMENTS SGD FIXED DEPOSIT | < S$50,000 | 0.05% | 0.10% | |||||
| > S$50,000 | 0.10% | 0.15$ | ||||||||
| SING INVESTMENTS Promotional SGD Fixed Deposit Minimum S$1000 | ||||||||||
| 16 | |
Bank Of China SGD FIXED DEPOSIT | S$5,000 to $S499,999 | 0.275% | 0.30% | |||||
| S$500,000 Above | 0.325% | 0.35% | ||||||||
| Bank Of China Promotional SGD Fixed Deposit (NA) | ||||||||||
| 17 | |
State Bank Of India SGD FIXED DEPOSIT | S$5,000 to $S49,999 | 0.10% | 0.25% | 0.35% | ||||
| S$50,000 Above | 0.20% | 0.20% | 0.30% | |||||||
| State Bank Of India Promotional SGD Fixed Deposit (NA) | ||||||||||
Long Term Fixed Deposit Tenor ( From 6 Month to 36 Month ) Offer by 17 Banks in Singapore.
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Check out the Best Singapore Fixed Deposit Interest Rates ( Updated Oct /2020 ) by Referring the Table below
| NO | Banks Name | Fixed Deposit Plan | Deposit Amount | Interest By Month | Premature Withdraw Fee | Other Criteria | ||||||||||
| 6 | 9 | 10 | 12 | 13 | 14 | 15 | 16 | 18 | 24 | 36 | ||||||
| 1 |
|
CIMB SGD FIXED DEPOSIT RATES | S$1000 To S$99,999 | 0.3% | 0.3% | 0.3% | 0.3% | Yes | ||||||||
| S$100,000 Above | 0.35% | 0.35% | 0.35% | 0.35% | Yes | |||||||||||
| CIMB SGD Islamic Fixed Rate | S$1000 Above | 0.10% | 0.10% | 0.10% | 0.10% | Yes | ||||||||||
| CIMB Renminbi (Offshore) | RMB 10,000 | 1.99% | 2.40% | NA | Yes | |||||||||||
| RMB 50,000 | 2.12% | 2.53% | NA | Yes | ||||||||||||
| RMB 100,000 | 2.24% | 2.65% | NA | Yes | ||||||||||||
| RMB 250,000 | 2.43% | 2.84% | NA | Yes | ||||||||||||
| 2 |
|
ICBC SGD FIXED DEPOSIT (Fresh Fund) | S$500 & Above ( Over the Counter) | 0.25% | 0.60% | 0.70% | NA | No | ||||||||
| S$500 & Above (E-Banking) | 0.30% | 0.65% | 0.75% | NA | No | |||||||||||
| ICBC SGD FIXED DEPOSIT (Non Fresh Fund) | S$500 to S$5000 | 0.25% | 0.60% | 0.70% | 0.55% | 0.60% | No | |||||||||
| S$5000 to S$200,000 | 0.25% | 0.60% | 0.70% | 0.55% | 0.60% | No | ||||||||||
| S$200,000 Above | 0.25% | 0.60% | 0.70% | 0.55% | 0.60% | No | ||||||||||
| ICBC Renminbi (RMB) Fixed Deposit (Fresh Fund) | RMB 10000 to RMB 50000 | NA | No | |||||||||||||
| RMB50000 Above | NA | No | ||||||||||||||
| ICBC Renminbi (RMB) Fixed Deposit (Non Fresh Fund) | RMB 10000 to RMB 50000 | NA | No | |||||||||||||
| RMB 50000 Above | NA | No | ||||||||||||||
| ICBC US Dollar Fixed Deposit ( Fresh Fund) | USD 500 Above | NA | No | |||||||||||||
| ICBC US Dollar Fixed Deposit (Non Fresh Fund) | USD 500 Above | NA | No | |||||||||||||
| USD 100,000 Above | NA | No | ||||||||||||||
| 3 |
|
RHB SGD FIXED DEPOSIT | S$1000 to S$50,000 | 0.375% | 0.40% | 0.45% | 0.75% | 0.85% | 1.00% | Yes | ||||||
| S$50000 to S$499,999 | 0.40% | 0.45% | 0.50% | 0.75% | 0.85% | 1.00% | Yes | |||||||||
| S$500000 Above | 0.40% | 0.50% | 0.60% | 0.78% | 0.85% | 1.00% | Yes | |||||||||
| 4 |
|
MayBank
SGD FIXED DEPOSIT |
S$1000 to S$50,000 | 0.40% | 0.70% | 1.0% | 1.5% | |||||||||
| S$50001 to S$99,999 | 0.40% | 0.70% | 1.0% | 1.5% | ||||||||||||
| S$100000 to S$249,999 | 0.45% | 0.70% | 1.0% | 1.5% | ||||||||||||
| S$250000 to S$999,999 | 0.50% | 0.75% | 1.1% | 1.5% | ||||||||||||
| MayBank iSAVvy Time Deposit | S$5,000 to S$24,999 | 0.55% | ||||||||||||||
| S$25,000 to S$50,000 | 0.55% | 0.85% | 1.20% | 1.50% | ||||||||||||
| S$50,001 to S$249,999 | 0.55% | 0.85% | 1.20% | 1.50% | ||||||||||||
| S$250,000 to S$1,000,000 | 0.55% | 0.85% | 1.20% | 1.50% | ||||||||||||
| 5 |
|
DBS SGD FIXED DEPOSIT | S$1000 to S$9,999 | 0.20% | 0.95% | 1.10% | 1.15% | 1.30% | 0.90% | 0.85% | ||||||
| S$10000 to S$19,999 | 0.20% | 0.95% | 1.10% | 1.15% | 1.30% | 0.90% | 0.85% | |||||||||
| S$20000 Above | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | |||||||||
| 6 | |
POSB SGD FIXED DEPOSIT | S$1000 to S$9,999 | 0.20% | 0.95% | 1.10% | 1.15% | 1.30% | 0.90% | 0.85% | ||||||
| S$10000 to S$19,999 | 0.20% | 0.95% | 1.10% | 1.15% | 1.30% | 0.90% | 0.85% | |||||||||
| S$20000 Above | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | |||||||||
| 7 | |
UOB SGD FIXED DEPOSIT | S$5,000 Above | 0.05% | 0.10% | 0.15% | 0.15% | 0.20% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | UOB is not accepting any new fixed deposit for tenor of 12 months and above effect 01/08/20 | ||
| UOB Fixed Deposit Promotion (Till 30 Oct 20 ) | Minimum S$20,000 | 0.55% | ||||||||||||||
| 8 | |
OCBC SGD FIXED DEPOSIT | S$5,000 To S$20,000 | 0.15% | 0.25% | 0.35% | 1.25% | 0.40% | 0.40% | 0.40% | 1.55% | |||||
| S$20000 Above | 0.15% | 0.25% | 0.35% | 0.40% | 0.40% | 0.40% | 0.40% | 0.40% | ||||||||
| OCBC Promotional SGD Fixed Deposit(Updated Oct 20) | S$20,000 Above | 0.50% | ||||||||||||||
| 9 | |
Hong Leong Finance SGD FIXED DEPOSIT
Normal Rate |
$$<= S$50,000 | 0.15% | 0.15% | 0.15% | 0.25% | 0.25% | 0.25% | 0.30% | 0.30% | 0.30% | ||||
| More Than S$50,000 | 0.40% | 0.40% | 0.45% | 0.50% | 0.50% | 0.55% | 0.55% | 0.60% | 0.65% | |||||||
| Hong Leong Finance SGD FIXED DEPOSIT
Senior Citizen Rate) |
$$<= S$50,000 | 0.15% | 0.15% | 0.15% | 0.375% | 0.375% | 0.375% | 0.425% | 0.425% | 0.425% | ||||||
| More Than S$50,000 | 0.40% | 0.40% | 0.45% | 0.50% | 0.50% | 0.55% | 0.55% | 0.60% | 0.65% | |||||||
| Hong Leong Finance Promotional SGD Fixed Deposit(Updated Oct 20) | S$20,000 Above | 0.80%/ 0.85%freash fund via online | ||||||||||||||
| 10 |
|
Hong Leong Bank SGD FIXED DEPOSIT | Minimum S$50,000 | 0.30% | 0.50% | |||||||||||
| Hong Leong Bank Promotional SGD Fixed Deposit(NA) | ||||||||||||||||
| 11 |
|
Standard Chartered Bank SGD FIXED DEPOSIT |
Minimum S$50,000 | 0.15% | 0.50% | 0.55% | 0.7% | 0.7% | 0.7% | 0.72% | ||||||
| Standard CharteredBank Promotional SGD Fixed DepositTill 31 Oct 2020 Minimum S$25,000 & above | 0.2% ( Normal ) 0.3%( Priority Banking) | |||||||||||||||
| 12 |
|
citibank SGD FIXED DEPOSIT | Minimum S$10,000 | 0.10% | 0.10% | 0.10% | 0.10% | |||||||||
| citibank Promotional SGD Fixed Deposit(NA) | ||||||||||||||||
| 13 |
|
HSBC SGD FIXED DEPOSIT | Personal Banking Interest Rates Minimum S$5,000 | 0.10% | 0.25% | 1.1% | ||||||||||
| HSBC Personal/Advance Interest Rates SGD Fixed Deposit
(NA) |
0.15% | 0.25% | 1.1% | |||||||||||||
| HSBC Premier Interest Rates SGD Fixed Deposit
(NA) |
0.18% | 0.28% | 1.1% | |||||||||||||
| HSBC Jade Interest Rates SGD Fixed Deposit
(NA) |
0.18% | 0.33% | 1.1% | |||||||||||||
| HSBC Promotional SGD Fixed Deposit
(NA) Current Oct 2020 only fro 3 months Deposit |
||||||||||||||||
| 14 | |
Bank Of East Asia SGD FIXED DEPOSIT | S$1000 to S$49,999 | 0.375% | 0.50% | 0.50% | 0.625% | 0.75% | 0.875% | |||||||
| S$50,000 t0 S$499,999 | 0.50% | 0.625% | 0.625% | 0.75% | 0.75% | 0.875% | ||||||||||
| Bank Of East Asia Promotional SGD Fixed Deposit(NA) | NA | |||||||||||||||
| 15 | |
SING INVESTMENTS SGD FIXED DEPOSIT | < S$50,000 | 0.15% | 0.20% | 0.25% | 0.3% | 0.30% | ||||||||
| > S$50,000 | 0.20% | 0.25% | 0.30% | 0.35% | 0.35% | |||||||||||
| SING INVESTMENTS Promotional SGD Fixed Deposit Minimum S$1000 | 0.9% | |||||||||||||||
| 16 | |
Bank Of China SGD FIXED DEPOSIT | S$5,000 to $S499,999 | 0.40% | 0.50% | 0.6% | 0.65% | 0.7% | ||||||||
| S$500,000 Above | 0.45% | 0.55% | 0.65% | 0.65% | 0.7% | |||||||||||
| Bank Of China Promotional SGD Fixed Deposit (NA) | ||||||||||||||||
| 17 | |
State Bank Of India SGD FIXED DEPOSIT | S$5,000 to $S49,999 | 0.35% | 0.45% | 0.6% | 0.95% | 1.10% | ||||||||
| S$50,000 Above | 0.45% | 0.60% | 0.70% | 1.0% | 1.15% | |||||||||||
| State Bank Of India Promotional SGD Fixed Deposit (NA) | ||||||||||||||||
Complete Fixed Deposit 2020 Guide
What is a Fixed Deposit ?
- Fixed Deposit is an Account where you need to place 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
How Fixed Deposit Works ?
- Like any other Savings Account, Fixed Deposit will pay you interests when you deposit money into the Account.
- The Difference between Fixed Deposit and Normal Saving account is , you are not allowed to withdraw money before the term Maturity stated in your Fixed deposit contract .
- Interest rate paid by fixed deposit , is determined by the Tenor period. The Longer the tenor , the more interest payout.
Am I Allow to Top Up my Current Fixed Deposit Account ?
- No you can’t do so , the amount in your current fixed Deposit Account remain as it is until maturity
- You can only open a new Fixed Deposit account , interests rate might differ base on the current interest rate offer by banks at that time.
Am I Allow to withdraw money from my Current Fixed Deposit Account ?
- Yes you can , but that might cost you early withdrawal fees and lost of interest
- In Singapore , Bank do not charge any fees when the withdrawal is made within 30 days after the opening of the account.
- Terms and Condition Subjected to different Bank FD policies
Do I need to pay taxes on my Fixed Deposit Account ?
- You don’t need to pay tax on the Interests received from Your Fixed Deposit Offered by approved bank and financial institution.
I am a foreigner can i open a fixed deposits Account?
- Yes definitely , you just need to provide the below
- Passport , proof of Address , Work Pass ( Work Permit / S Pass / E Pass / Dependent Pass / Student Pass / Long Term Visit Pass etc ) which ever applied
How Do I Open a Fixed Deposit Account?
Eligibility
- Age 18 years old and above
- Singapore Citizen , Singapore Permanent Resident , Foreigner with valid Work Pass and Long-term Pass
Documents Required
- For Singaporean / Permanent Residence / Foreigner ( Proof of Address) can be utility bill, Hand Phone Bill , Bank Statements etc )
- For Foreigner ( Passport Work Permit / S Pass / E Pass / Dependent Pass / Student Pass / Long Term Visit Pass etc ) which ever applied
Resources
Fixed Deposit Interest Rate
- CIMB BANK Fix Deposit Board Rate
- ICBC BANK Fix Deposit Board Rate
- RHB BANK Fix Deposit Board Rate
- Maybank Fix Deposit Board Rate
- DBS Bank Fix Deposit Board Rate
- POSB Bank Fix Deposit Board Rate
- UOB Bank Fix Deposit Board Rate
- OCBC Bank Fix Deposit Board Rate
- Hong Leong Finance Deposit Board Rate
- Hong Leong Bank Fixed Deposit Board Rate
- Standard Chartered Fixed Deposit Board Rate
- citibank Fixed Deposit Board Rate
- HSBC Fixed Deposit Board Rate
- Bank Of East Asia Board Rate
- Sing Investments & Finance Fixed Deposit Board Rate
- Bank Of China Fixed Deposit Board Rate
- State Bank Of India Fixed Deposit Board Rate
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