Like us on Facebook!   'Like' us on Facebook


(EXPIRED) DBS/POSB: Earn up to 1.1% p.a. with 18-mth fixed deposits (From 4 Sep 2020) UPDATED 2 Oct 2020

6 Sep 2020 SGNewsMan Credit Cards, Prepaid Cards, Banks, Events

Featured image
EXPIRED

Oh no, the deal has ended

Don't miss out again, get the latest news via

Starts4 Sep 2020 (Fri)Ends30 Sep 2020 (Wed)
Location DBS/POSB
We are now on Telegram. Click to join
We are now on WhatsApp Channel. Click to join

DBS/POSB Singapore Dollar (S$) Fixed Deposit Account gives you the opportunity to maximise your savings with attractive interest, while keeping your funds secure.

Benefits

  • Affordability and Convenience: fixed deposit amount begin at S$1,000 with a deposit tenor of your choice, and you can begin a new placement via iBanking or at any of DBS/POSB branches
  • Added value: you may use your S$ Fixed Deposit as collateral for credit facilities (subject to credit approval) and may make a placement using cash.

Eligibility and Requirements

  • You are eligible for this account if you are at least 12 years old. For customers younger than 12 years, a trust minor account may be opened with a parent or legal guardian who is at least 21 years old.

Note: The maximum 1.3% p.a. only applies to 18 month deposits of up to a maximum of $49,999. Interest rates for tenors of 12 months and above are applicable only to rollover of existing placements at the same tenor. For 1.1%, it is applicable for 11-month deposits of up to $19,999.

Rates as of 6 Sep 2020

Effective Date: 04/09/2020

Period$1,000 – $9,999$10,000 – $19,999$20,000 – $49,999$50,000 – $99,999$100,000 – $249,999$250,000 – $499,999$500,000 – $999,999
1 mth0.05000.05000.05000.05000.05000.05000.0500
2 mths0.05000.05000.05000.05000.05000.05000.0500
3 mths0.15000.15000.05000.05000.05000.05000.0500
4 mths0.15000.15000.05000.05000.05000.05000.0500
5 mths0.15000.15000.05000.05000.05000.05000.0500
6 mths0.20000.20000.05000.05000.05000.05000.0500
7 mths0.40000.40000.05000.05000.05000.05000.0500
8 mths0.60000.60000.05000.05000.05000.05000.0500
9 mths0.95000.95000.05000.05000.05000.05000.0500
10 mths1.10001.10000.05000.05000.05000.05000.0500
11 mths1.10001.10000.05000.05000.05000.05000.0500
12 mths1.15001.15000.05000.05000.05000.05000.0500
18 mths1.30001.30000.05000.05000.05000.05000.0500
24 mths0.90000.90000.05000.05000.05000.05000.0500
36 mths0.85000.85000.05000.05000.05000.05000.0500
48 mths0.75000.75000.05000.05000.05000.05000.0500
60 mths0.75000.75000.05000.05000.05000.05000.0500

Interest rates are indicative. Rates apply to individual accounts only.

For more info, click here

Share this with your friends & family members on Facebook!

Advertisement

Related Posts

Be the first to comment

Leave a Reply

Your email address will not be published.




More Deals

© 2010 - 2024 SINGPromos.com (Singapore Promotions). All rights reserved. privacy policy about advertise submit news contact us
Disclaimer: The information and materials contained in this Website are provided "as is" and are to be used only as a reference. Whilst every effort is made to ensure that the information and materials are correct, we do not warrant their accuracy, adequacy or completeness and expressly disclaim any liability for any errors or omissions in the information or materials. By accessing this Website you agree that SINGPROMOS.COM will not be liable for any direct, indirect, or consequential loss arising from the use of the information contained either here or in external links. FULL DISCLAIMER
Disclosure: We may receive compensation for any information posted on this website & social media pages.