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RHB Bank Singapore has raised its fixed deposit (FD) promotional rates, now offering up to 2.3% per annum starting 12 June 2025.
RHB Bank updated on 12 Jun 2025 that its short-term fixed deposit interest rates have increased slightly from its previous update in May 2025. This marks a continued strategy by RHB Bank to remain competitive in Singapore’s high-interest deposit environment.
Rates under this promotion are available exclusively through the RHB Mobile SG App, underscoring the bank’s commitment to digital banking and convenient account management. In light of ongoing inflationary pressures and global economic uncertainty, fixed deposits remain a popular option among Singaporeans seeking capital preservation and predictable returns.
Minimum Placement Requirement Set at S$20,000
To benefit from the promotional interest rates, a minimum placement of S$20,000 is required. This condition applies to both personal and premier banking customers, ensuring that the offer is inclusive and accessible to a wide customer base.
Updated Promotional FD Rates Effective 12 Jun 2025
The revised rates offer modest improvements over the prior schedule, with the highest returns seen in the 3-month and 6-month tenors for premier clients. The updated rates are as follows:
| Tenor | Personal Banking (p.a.) | Premier Banking (p.a.) | Minimum Placement (S$) |
|---|---|---|---|
| 3-month | 2.20% | 2.30% | 20,000 |
| 6-month | 2.20% | 2.30% | 20,000 |
| 12-month | 2.00% | 2.10% | 20,000 |
While the 12-month tenor offers a slightly lower return, it remains competitive given the current rate climate. The bank also reserves the right to adjust these rates without prior notice, and customers are encouraged to take advantage of them while they last.
Review Full Terms Before Committing
As with all deposit products, terms and conditions apply. Customers should refer to the detailed terms and conditions document provided by the bank to ensure eligibility and compliance with placement requirements.
Compare Rates Across Banks
Although RHB Bank Singapore remains among the more attractive options, customers may find it beneficial to explore a broader comparison of fixed deposit rates offered by other banks in Singapore. Savvy depositors often use these comparisons to tailor their savings strategies to their financial goals.
Interested customers may visit the official RHB campaign page for full promotional details or to make a placement.
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