(Updated May 2018) Earn up to 2.39% p.a.! Best Singapore Fixed/Time/etc Deposit Rate UPDATED 25 May 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: Earn 1.48% p.a. for 12-mth SGD fixed deposits from 13 Apr – 13 Jul
  5. Maybank: Earn up to 1.40% p.a. with the latest SGD Time Deposit promo! From 5 Apr
  6. Bank of China: Earn up to 1.42% p.a. with 12-mth time deposits! From 8 Feb 2018
  7. HL Bank: Earn 1.70% to 1.75% p.a. on Singapore Dollar fixed deposits! From 5 Mar – 31 May 2018
  8. Maybank: Enjoy up to 1.65% p.a. on 12-month SGD Time Deposit from 27 Mar 2018
  9. Standard Chartered: Earn up to 1.25% p.a. when you deposit fresh funds into eSaver! From 1 Apr – 31 May
  10. Maybank: Earn up to 1.30% p.a. when you deposit fresh funds from 1 Apr – 30 Jun
  11. ICBC Bank: Earn 1.46% to 1.50% p.a. for 12-mth fixed deposits from 9 Apr 2018
  12. RHB: Earn 1.48% p.a. for 12-mth SGD fixed deposits from 13 Apr – 13 Jul 2018
  13. UOB: Earn 1.35% p.a. for 10-mth SGD fixed deposits! Valid from 2 – 31 May NEW
  14. Singapore Savings Bond (SSB): Earn up to 2.43% p.a. in the latest bond! Apply by 25 May 2018 NEW!!
  15. Standard Chartered: Earn up to 1.25% p.a. with 7-to-12-mth time deposits! Valid from 3 – 31 May NEW
  16. Hong Leong Finance: Earn 1.10% to 1.48% p.a. with 6/12/18 month fixed deposits! From 3 May NEW
  17. Sing Investments & Finance: Earn up to 1.50% p.a. fixed deposits promo! From 6 May 2018 NEW
  18. Maybank: Earn 1.40% p.a. with the latest SGD Time Deposit promo! From 11 May 2018 NEW
  19. State Bank of India: Earn 1.40% p.a. – 1.75% p.a. with 6/12/24-mth time deposits! From 24 May 2018 NEW

Last updated 25 May 2018. Click these links for latest Fixed Deposit or Time Deposit Promo

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