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Looking for a straightforward place to park spare cash?
SingFinance (Sing Investments & Finance Limited) has refreshed its Singapore Dollar fixed deposit promotional rates from 7 Apr 2026, with returns of up to 1.3% p.a. across selected tenors and deposit sizes. Rates are quoted on a per annum basis, while actual interest received typically depends on the exact number of days in the selected tenor and is usually credited at maturity ⏳.
For savers comparing convenience, entry amount and yield, the structure is fairly clear: online placement starts from S$1,000, while branch placement starts from S$10,000. Online placements at S$10,000 enjoy a 0.05 percentage point uplift 💹 versus the S$1,000 tier for every tenor shown below, making the higher online tier the standout option for those aiming to squeeze out a slightly better return.
Quick summary 👀
- Top promotional rate: up to 1.30% p.a. 💹
- Best rates shown: 18-month and 24-month online placements from S$10,000
- Lowest entry point: S$1,000 for online placement 📱
- Branch minimum: S$10,000 🏦
- Interest access: funds are generally locked in until maturity, and early withdrawal may reduce or forfeit interest 🔒
Online placement rates 📱
For those who prefer digital placement, SingFinance’s online option offers the lowest starting amount. The higher S$10,000 tier consistently pays more than the S$1,000 tier across the same tenor, which gives online placement an extra edge beyond convenience.
| Tenor | Minimum Deposit Amount | |
|---|---|---|
| S$1,000 | S$10,000 | |
| 1 month | 1.00% p.a. | 1.05% p.a. |
| 3 months | 1.20% p.a. | 1.25% p.a. |
| 6 months | 1.20% p.a. | 1.25% p.a. |
| 12 months | 1.20% p.a. | 1.25% p.a. |
| 18 months | 1.25% p.a. | 1.30% p.a. |
| 24 months | 1.25% p.a. | 1.30% p.a. |
Branch placement rates 🏦
For savers who prefer in-person service, form support and face-to-face verification, SingFinance’s branch placement remains available from S$10,000. The rates match the S$1,000 online tier, so the trade-off here is mainly convenience and service rather than a yield boost.
| Tenor | Minimum Deposit Amount: S$10,000 |
|---|---|
| 1 month | 1.00% p.a. |
| 3 months | 1.20% p.a. |
| 6 months | 1.20% p.a. |
| 12 months | 1.20% p.a. |
| 18 months | 1.25% p.a. |
| 24 months | 1.25% p.a. |
What stands out 🔎
- The online S$10,000 tier is the clear winner if the goal is to maximise the listed promotional rate, since it beats the lower online tier and the branch tier at every tenor 💹.
- Longer tenors currently pay more, with the highest returns appearing at 18 months and 24 months. That said, longer lock-ins also mean less flexibility if market rates shift later.
- Shorter tenors may suit savers who want flexibility, especially for cash that may be needed sooner or for those who prefer to review rates again after maturity.
- Laddering can help balance flexibility and yield by splitting funds across different tenors instead of committing everything at one go.
Important things to note ⚠️
- Fresh funds only: the promotional rates apply to personal accounts and fresh funds. It is worth confirming SingFinance’s definition of fresh funds before placement.
- Rates can change: promotional rates may be revised or withdrawn without prior notice 📉📈.
- Early withdrawal risk: breaking the fixed deposit before maturity may lead to lower returns or a full loss of interest on the placement 🔒.
- Deposit insurance: eligible SGD deposits of non-bank depositors are insured up to S$100,000 in aggregate per depositor per Scheme member under the Deposit Insurance Scheme administered by SDIC 🛡️.
How placement works ✅
Online placement can be started via the SingFinance Fixed Deposit (FD) Online page, where SingFinance states that online FD placements must be funded via transfer from a GoSavers Account. The account can be opened online through the SIF Mobile app using Myinfo, after which funds can be FAST-transferred in from participating banks 📲. Before confirming a placement, it may also be useful to review SingFinance’s fixed deposit and savings terms & conditions for details on maturity instructions, renewals and early withdrawal.
For over-the-counter placement, the latest branch details can be checked via the branch locator. SingFinance branch locations in Singapore include Robinson (96 Robinson Road #01-01 SIF Building), Ang Mo Kio (Blk 715 Ang Mo Kio Avenue 6 #01-4006), Bedok (Blk 202 Bedok North Street 1 #01-479/481) and Jurong (Blk 131 Jurong Gateway Road #01-255). According to SingFinance’s official branch page, operating hours are generally Monday to Friday from 9.00am to 4.00pm, and Saturday from 9.00am to 12.00pm, with queue-ticket issuance ending earlier than closing time. Checking the latest branch details before heading down can help avoid a wasted trip.
For broader market comparison, take a look at this comprehensive guide to Singapore’s FD promotions to see how SingFinance stacks up against other fixed deposit offers in Singapore 🔍.
In summary, this SingFinance promotion may appeal to savers who want a simple way to lock in a fixed return on spare SGD funds for a chosen tenor. The online S$10,000 tier stands out for the strongest published rate, while the S$1,000 online entry point keeps the promo accessible for smaller placements. As always, compare the tenor, funding method, maturity instructions and early-withdrawal terms before committing funds. 💼
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