 We are now on WhatsApp Channel. Click to join |
Fresh funds placed with SingFinance can now earn up to 1.8% p.a. under its daily special Singapore Dollar fixed deposit rates for personal accounts, effective from 19 September 2026.
The top rate is available on S$10,000 placements for the 6-month and 12-month tenors, whether placed online or over the counter. 💰
SingFinance’s fresh-fund headline rate has climbed several times this month, from 1.65% p.a. on 3 Sep to 1.70% p.a. on 8 Sep and 1.75% p.a. on 15 Sep, before reaching 1.80% p.a. from 19 Sep. 📈 Compared with the 15 Sep schedule, the S$10,000 6-month rate has increased from 1.70% to 1.80% p.a., while the 12-month rate has risen from 1.75% to 1.80% p.a.; the displayed 1-, 3-, 18- and 24-month S$10,000 rates are unchanged.
SingFinance fresh-fund fixed deposit rates
The daily special applies to personal accounts and fresh funds only. For online placement, fresh funds must first be transferred from an external bank into a SingFinance savings account before the corresponding amount is used to fund the new fixed deposit. Rates are subject to change without prior notice and terms and conditions apply.
Online placement
| Online Placement | Minimum Deposit Amount | |
|---|---|---|
| Tenor | S$1,000 | S$10,000 |
| 1 month | 1.15% p.a. | 1.30% p.a. |
| 3 months | 1.45% p.a. | 1.50% p.a. |
| 6 months | 1.50% p.a. | 1.80% p.a. |
| 12 months | 1.50% p.a. | 1.80% p.a. |
| 18 months | 1.50% p.a. | 1.60% p.a. |
| 24 months | 1.35% p.a. | 1.50% p.a. |
Over-the-counter placement
| Over the Counter Placement | Minimum Deposit Amount |
|---|---|
| Tenor | S$10,000 |
| 1 month | 1.30% p.a. |
| 3 months | 1.50% p.a. |
| 6 months | 1.80% p.a. |
| 12 months | 1.80% p.a. |
| 18 months | 1.60% p.a. |
| 24 months | 1.50% p.a. |
📊 Online versus counter: At the S$10,000 minimum-deposit level, the displayed online and over-the-counter rates are identical across all six listed tenors. The main practical difference is therefore the placement route rather than the published rate.
Where the 1.8% p.a. rate applies
The highest displayed daily-special rate is available for 6-month and 12-month placements of at least S$10,000. At a simple annualised estimate, S$10,000 at 1.8% p.a. works out to around S$90 over six months or S$180 over 12 months. Actual interest can vary with the applicable day-count calculation and placement dates, so the final maturity amount should be checked before placement.
For online placements using the S$1,000 minimum-deposit tier, the highest displayed rate is 1.50% p.a. across the 6-, 12- and 18-month tenors. This gives the lower online entry tier access to the same 1.50% p.a. rate across three different placement periods.
How to place the fixed deposit
For new retail customers taking the digital route, the GoSavers Account is available to Singapore Citizens and Permanent Residents aged 16 and above with a valid Singpass account. It can be opened through SIF Mobile using MyInfo. SingFinance currently lists no initial deposit, minimum balance, monthly service fee, fall-below fee or early account-closure fee for GoSavers. Existing customers can follow the funding and placement flow in SIF Mobile. 📱
- Check the applicable daily-special rate: Review the official SingFinance Singapore Dollar Fixed Deposit page before transferring funds, since rates may change without prior notice.
- For new retail customers: Download SIF Mobile and open a GoSavers Account using MyInfo with Singpass. Once activated, transfer the minimum required fresh funds via FAST and follow the app instructions to open the fixed deposit.
- For existing customers: Customers with an active fixed deposit or savings account can use the existing-customer placement flow. Transfer the required fresh funds into an existing SingFinance savings account via FAST, log in to SIF Mobile, select the fixed deposit account number and tap “Place New FD Online”.
- For FAST funding: Fresh funds can be transferred from participating banks and non-financial institutions where available. Check the SingFinance FAST information page for details.
- Separate FD Online product: SingFinance also maintains a dedicated Fixed Deposit Online product funded through GoSavers. Rates may differ from the daily-special online-placement schedule above, so confirm the applicable product and rate before placement.
- For over-the-counter placement: A minimum S$10,000 applies under the displayed daily-special fresh-fund schedule. Bring the original NRIC and placement funds to a SingFinance branch for assistance.
SingFinance branch locations
SingFinance currently lists four branches for in-person placement or assistance: Robinson at 96 Robinson Road, #01-01 SIF Building; Ang Mo Kio at Block 715 Ang Mo Kio Avenue 6, #01-4006; Bedok at Block 202 Bedok North Street 1, #01-479/481; and Jurong at Block 131 Jurong Gateway Road, #01-255. Check the official SingFinance branch locations before travelling. 📍
What to compare before placing funds
Compare the offer with other Singapore fixed deposit and savings promotions. Consider the annual rate, placement amount, tenor, funding route, liquidity needs, maturity instructions and account-opening requirements rather than focusing only on the headline rate. 🔎
Before committing funds, check the official SingFinance Singapore Dollar Fixed Deposit page for the prevailing rate and latest terms.
For funds intended to remain placed until maturity, compare the available tenor, annual rate and minimum placement rather than focusing only on the 1.8% p.a. headline. Where access to funds and flexibility matter more than locking in a fixed rate, compare suitable savings options before committing funds. 💡
Leave a Reply