RHB Bank S’pore Updates Promo FD Rates From 24 Nov 2025, Earn up to 1.25% p.a.

We are now on Telegram. Click to join

RHB Bank Singapore has adjusted its promotional fixed deposit (FD) rates, effective from 24 November 2025

This refreshed promotion reflects a slight fine-tuning of returns while continuing to offer stability for savers in Singapore who prefer guaranteed returns over market volatility.

The latest update sees selected rates reduced by up to 0.1% lower, in line with broader movements in interest rates. Even so, the promotional structure continues to provide competitive yields for both Personal Banking and Premier Banking customers and remains focused on digital convenience, as placements are available exclusively via the RHB Mobile SG App.

Overview of the rate revision

This change follows a previous revision that was implemented on 4 Nov 2025. While the latest update trims some returns slightly, RHB’s promotional FD continues to appeal to savers who value capital preservation, predictable earnings and a straightforward way to grow idle cash.

In a moderating interest rate environment, locking in a promotional FD rate can help savers avoid the uncertainty of future rate cuts, especially for funds that are not needed immediately.

Minimum deposit requirement and who can apply

To enjoy the promotional FD rates, customers must make a minimum placement of S$20,000 per FD. This minimum applies to both Personal Banking and Premier Banking clients, making the offer relevant to a wide range of savers, from working adults with accumulated cash savings to affluent customers managing larger portfolios.

The FD is positioned as a short- to medium-term parking place for surplus funds, rather than for day-to-day spending. Prospective customers should ensure that they will not require the funds during the chosen tenor, as early withdrawal of fixed deposits typically results in reduced or forfeited interest.

Updated FD promotional rates (from 24 Nov 2025)

The following table summarises the latest promotional FD rates, effective from 24 November 2025:

The highest promotional rate of 1.25% p.a. is available to Premier Banking customers on the 3-month tenor, while Personal Banking customers can earn up to 1.15% p.a. for the same tenor. Longer tenors offer slightly lower rates but provide more certainty over a 6- or 12-month period.

Illustrative interest example

As a simple illustration, a Premier Banking customer who places S$20,000 into a 3-month FD at 1.25% p.a. could expect to earn approximately S$62.50 in interest at maturity, assuming simple interest and no early withdrawal. Actual returns may vary slightly depending on the bank’s computation and rounding conventions, so customers should refer to the bank’s confirmation advice for the final amount.

Key terms & conditions to note

As with all bank promotions, standard terms and conditions apply. Interested depositors should carefully review the full Terms and Conditions before placing any funds.

• Eligibility: Requirements may differ between Personal and Premier Banking customers, and may include the need for an existing current or savings account.
• Early withdrawal: Fixed deposits are designed to be held to maturity. Early uplift will result in no interest being paid.
• Renewal options: Customers should decide whether they prefer automatic renewal at prevailing board rates or crediting of principal and interest back to their account.
• Deposit insurance: In Singapore, eligible SGD deposits placed with full banks are generally covered under the national deposit insurance scheme, subject to applicable caps and conditions.

Reviewing these details in advance helps avoid surprises later, especially for larger placements.

Why savers still value fixed deposits 💰

Despite a softening interest rate environment, fixed deposits remain a popular choice among conservative savers in Singapore.

• Low risk: Fixed deposits are among the lowest-risk banking products, suitable for those who prefer safety over higher but volatile returns.
• Capital protection: The principal amount is preserved, which can be reassuring for savers nearing major milestones such as home purchases or children’s education.
• Predictable earnings: Returns are guaranteed once the FD is placed, making it easier to plan short-term cash flow.
• Easy to understand: The product structure is straightforward, with a fixed rate, fixed tenor and known maturity date.

For households holding substantial balances in low-yield savings accounts, shifting a portion into a promotional FD can be a simple way to enhance returns without taking on investment risk.

Compare and choose wisely

While RHB’s latest rates remain competitive in the current climate, savers are still encouraged to compare this promotion against other banks’ fixed deposit offers. The Singapore fixed deposit rate guide can be a useful starting point to see how RHB stacks up across different tenors and minimum placement amounts.

Comparing across institutions allows savers to match tenor, rate and flexibility to their own financial goals, such as building up a home renovation fund or setting aside money for upcoming school fees.

How to apply via the RHB Mobile SG App

This promotion is available exclusively through the RHB Mobile SG App, underscoring the bank’s focus on digital convenience and self-service banking.

• Log in to the app and navigate to the fixed deposit or time deposit section.
• Select the desired tenor (3, 6 or 12 months) and indicate whether the placement is under Personal or Premier Banking.
• Confirm the placement amount of at least S$20,000 and review the displayed promotional rate.
• Read and accept the applicable terms and conditions before confirming the placement.

For more detailed instructions and campaign highlights, customers may refer to the official RHB promotional page.

Practical tips before placing a fixed deposit

• Set aside emergency funds in a separate, highly liquid account before locking in any FD.
• Align the FD tenor with known cash needs, such as insurance premiums, travel plans or large upcoming payments.
• Avoid placing funds that may be needed urgently, as early uplift typically leads to reduced or no interest.
• Keep a record of maturity dates to avoid unintentionally rolling over at non-promotional board rates.

From 24 November 2025, RHB Bank Singapore’s updated promotional FD rates offer savers a balance between stability and reasonable returns, with rates of up to 1.25% p.a. for eligible Premier Banking placements. Although the latest revision reflects a modest reduction of up to 0.1% across selected tenors, the promotion remains a solid option for those who prioritise safety, clear returns and the convenience of handling everything through the RHB Mobile SG App.

Share this with your friends & loved ones on Facebook!