(Updated Mar 2018) Earn up to 2.11% p.a.! Best Singapore Fixed/Time/etc Deposit Rate UPDATED 11 Mar 2018

The Best Deposit 25 Sep 2016

Deposits have a much lower risk as compared to other volatile products. They offer a better peace of mind and a higher level of assurance that your money will always be there

Note: Terms & conditions apply for the following promotions. Be sure to read in detail before going in for it.

In a heavily summarised definition:

  • Fixed / Time deposits require you to place funds (usually fresh funds) in a account for a specified amount of time
  • Incremental balance promotions require you to increase your average balance of your account from a defined period with fresh funds.
  • Fresh funds refer to funds transferred from accounts outside the bank. Over-the-counter or machine cash deposits are usually fine too but do take note banks may charge for large cash deposits

Newer promotions are added to the bottom of the list

  1. Singapore Savings Bonds – Government Security; High p.a.; Min $500; Requires free CDP account; No penalty for early withdrawal; Interest payments every 6 months after issuance
  2. CIMB StarSaver Account 0.8% p.a. on the entire account balance (min $5,000 balance)
  3. CIMB FastSaver account 1.0% p.a. on first $50,000, 0.6% thereafter (min $1,000 balance)
  4. RHB offers up to 1% p.a. with High-Yield savings account from 27 Jan 2017
  5. Maybank: Earn up to 1.30% p.a. with the latest SGD Time Deposit promo! From 1 Nov 2017
  6. Maybank: Earn up to 1.25% p.a. when you deposit fresh funds from 1 Jan – 31 Mar 2018
  7. Sing Investments & Finance: Earn 1.25% to 1.45% p.a. fixed deposits! From 31 Jan 2018
  8. Maybank: Enjoy 1.40% to 1.55% p.a. on 12/24-month SGD Time Deposit from 1 Feb with Lunar New Year 2018 Special Hong Bao cash rewards
  9. Standard Chartered: Earn up to 1.20% p.a. when you deposit fresh funds into eSaver! From 1 Feb – 31 Mar 2018 NEW
  10. Bank of China: Earn up to 1.42% p.a. with 12-mth time deposits! From 8 Feb 2018 NEW
  11. Standard Chartered: Earn up to 1.25% p.a. for 8-mth time deposits! Valid from 1 – 28 Feb 2018 NEW
  12. ICBC Bank: Earn 1.15% to 1.43% p.a. for 6/9/12-mth fixed deposits from 4 – 18 Mar 2018 NEW
  13. Hong Leong Finance: Earn 1.10% to 1.45% p.a. with 6/12/18 month fixed deposits! From 4 Mar 2018 NEW
  14. CIMB Bank: Earn 1.15% to 1.25% p.a. with latest SGD fixed deposit promo! Valid from 1 – 15 Mar 2018 NEW
  15. Standard Chartered: Earn up to 1.35% p.a. with 8-mth/11-mth time deposits! Valid from 1 – 31 Mar 2018 NEW
  16. Singapore Savings Bond (SSB): Earn up to 2.31% p.a. in this month’s bond! Apply from 1 – 26 Mar NEW
  17. UOB: Earn 1.20% p.a. for 10-mth SGD fixed deposits! Valid from 1 – 31 Mar NEW
  18. State Bank of India: Earn 1.45% p.a. – 1.50% p.a. with 12-mth time deposits! Valid from 1 – 31 Mar NEW
  19. HL Bank: Earn 1.70% to 1.75% p.a. on Singapore Dollar fixed deposits! From 5 Mar – 31 May 2018 NEW

Last updated 11 Mar 2018. Click these links for latest Fixed Deposit or Time Deposit Promo

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