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RHB Bank Singapore has refreshed its promotional fixed deposit (FD) rates, effective from 19 Jan 2026.
Under the latest board, eligible Singapore dollar placements can earn up to 1.55% p.a., with the return locked in for the selected tenor as long as the FD is held to maturity.
Compared with the previous promotion on 23 Dec 2025, 12-mth rates have increased by up to 0.2%.
At a glance: what savers are getting
- Up to 1.55% p.a.: This top rate applies to RHB Premier Banking customers for 3-month and 6-month placements.
- Same minimum placement across segments: S$20,000 per fixed deposit for both Personal Banking and Premier Banking.
- Choice of three tenors: 3-month, 6-month and 12-month, which can suit different cashflow timelines.
Updated FD promotional rates (from 19 Jan 2026)
Customers can choose from three tenors. Premier Banking customers enjoy slightly higher rates than Personal Banking customers, while the minimum placement remains the same across both segments.
| Tenor | Personal Banking (p.a.) | Premier Banking (p.a.) | Minimum Placement (S$) |
|---|---|---|---|
| 3-month | 1.45% | 1.55% | 20,000 |
| 6-month | 1.45% | 1.55% | 20,000 |
| 12-month | 1.40% | 1.50% | 20,000 |
Minimum deposit requirement and who can apply
To enjoy the promotional FD rates, customers must place a minimum of S$20,000 per fixed deposit. This applies equally to both Personal Banking and Premier Banking customers, making the offer relevant for working adults building up savings as well as higher-net-worth individuals managing larger cash balances.
In practical terms, fixed deposits tend to work best as a short- to medium-term “parking spot” for spare cash that is not needed for day-to-day bills. Since funds are typically locked in for the full tenor, customers should be comfortable setting aside money for the entire period.
Key terms & conditions to note
As with all bank promotions, standard terms and conditions apply. Interested depositors should read the full Terms and Conditions (PDF) carefully before placing any funds.
- Promo rates can change: Promotional rates may be revised or withdrawn at the bank’s discretion, so the applicable rate is typically the one offered at the point of placement (or renewal).
- Renewals: For Eligible Renewals with auto-renewal instructions in place, the bank states that promotional rates will be applied automatically based on the prevailing promotional rates for the relevant Personal or Premier segment on the renewal date.
- Know the maturity instructions: It helps to check what happens at maturity (e.g., whether the funds roll over, move to a linked account, or renew at prevailing board rates), so depositors stay in control of their cash.
How to place the FD via RHB Mobile SG app
For those planning to use the app, here is the typical flow described by the bank:
- New-to-bank customers: Open an RHB current or savings account through the RHB Mobile SG app, transfer funds into the account, then set up the fixed deposit placement within the app under the promotion.
- Existing customers: Log in to the app to view the latest promotional FD offers and, where eligible, place or renew fixed deposits in-app.
Who qualifies as an RHB Premier customer?
To qualify for RHB Premier, a customer must maintain a Total Relationship Balance (TRB) of S$200,000. As typically described by banks, TRB may be assessed using average balances and may include eligible holdings such as deposits and other qualifying products. Customers should verify the latest TRB computation approach with RHB before relying on it to qualify for Premier rates.
How this promo fits into a broader savings strategy
Even with refreshed board rates, savers may still want to compare across other Singapore dollar FD options before committing. Visit the Singapore fixed deposit rate guide to help benchmark tenors and minimum placements across banks.
Depending on personal goals, some savers pair FDs with higher-yield savings accounts for liquidity, while others use an FD ladder so that part of the money comes due sooner for added flexibility.
Where to find more details
For campaign mechanics, eligibility details, and any updates or restrictions, customers can refer to the official RHB promotional page, which sets out the latest information on the campaign.
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