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. Maybank: Enjoy 1.75% p.a. on 12-month SGD Time Deposit from 8 Jun 2018
5. Maybank: Earn up to 1.55% p.a. when you deposit fresh funds from 1 Jul – 31 Dec
6. Standard Chartered: Earn up to 1.60% p.a. when you deposit fresh funds into eSaver! From 1 Aug – 30 Sep 2018
7. RHB: Earn up to 1.80% p.a. for 3/6/12-mth SGD fixed deposits till 31 Oct 2018
8. State Bank of India: Earn 1.65% p.a. – 1.95% p.a. with 6/12/24-mth time deposits! From 29 Aug
9. Sing Investments & Finance: Earn up to 1.85% p.a. fixed deposits promo from 3 Sep 2018 NEW
10. Singapore Savings Bond (SSB): Earn up to 2.42% p.a. in the latest bond! Apply by 25 Sep NEW
11. OCBC: Earn up to 1.60% p.a. with 12/24 mths time deposit from 3 Sep 2018 NEW
12. Maybank: Earn 1.60% p.a. with the latest SGD Time Deposit promo! From 20 Aug 2018 NEW
13. CIMB Bank: Earn 1.30% to 1.84% p.a. with latest SGD fixed deposit promo! Valid till 30 Sep 2018 NEW
14. Singapore Savings Bond (SSB): Earn up to 2.42% p.a. in the latest bond! Apply by 25 Sep NEW
15. Standard Chartered: Earn up to 1.50% p.a. with 8-to-12-mth time deposits! Valid till 30 Sep NEW
16. UOB: Earn up to 1.48% p.a. with latest Fresh Funds deposit promo valid till 31 Oct NEW
17. UOB: Earn 1.5% p.a. for 10-mth SGD fixed deposits! Ends 29 Sep NEW

Last updated 10 Sep 2018. Click these links for latest Fixed Deposit or Time Deposit Promo

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