(Updated May 2021) Earn up to 1.56% p.a.! Best Singapore Fixed/Time/etc Deposit Rates UPDATED 4 May 2021

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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

New promotions are added to the bottom of the list

  1. CIMB: Earn up to 0.3% with FastSaver
  2. CIMB: Earn up to 0.4% with StarSaver
  3. Maybank: Earn up to 0.6% p.a. with their latest time deposit rates
  4. Standard Chartered: Earn up to 0.50% p.a. when you deposit fresh funds into eSaver till 31 May 2021
  5. Singapore Savings Bond (SSB): Earn up to 1.61% p.a. in the latest bond – Apply by 25 May **BEST for lowest risk deposit up to $200,000**
  6. CIMB offers up to 0.75% p.a. with their latest fixed deposit promo till 31 May 2021 **BEST alternative from SSB

Last updated 4 May 2021. Click these links for latest Fixed Deposit or Time Deposit Promo

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