(EXPIRED) RHB Bank S’pore Fixed Deposit Promo Rates Up To 2% p.a. from 28 Sep 2026

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RHB Bank Singapore has refreshed its promotional SGD fixed deposit rates from 28 September 2026, with returns reaching up to 2.00% p.a..

Update: RHB Bank S’pore Fixed Deposit Promo Rates Up To 2.2% p.a. from 9 Oct 2026

The 2.00% p.a. rate applies to RHB Premier Banking customers on the 12-month tenor; Personal Banking tops out at 1.90% p.a. RHB Premier requires a S$200,000 Total Relationship Balance (TRB), while each promotional fixed deposit placement starts from S$20,000. Placements are available across 3-, 6- and 12-month tenors through RHB branches or RHB Mobile SG. 💰

No separate fresh-funds condition is specified in the campaign Terms and Conditions. However, each placement must be fully funded, with all required information, documents and RHB checks completed within the promotion period.

RHB Singapore promotional fixed deposit rates 📊

The 12-month tenor carries the highest listed promotional rate at 1.90% p.a. for Personal Banking and 2.00% p.a. for Premier Banking. The 6-month option is 0.10 percentage point lower at 1.80% and 1.90% p.a. respectively, while offering access to the funds at maturity six months earlier.

What a S$20,000 placement could earn 💰

For a quick illustration, applying the annualised rates proportionately to the minimum S$20,000 placement gives approximately:

• 3 months: S$70 at 1.40% p.a. for Personal Banking, or S$75 at 1.50% p.a. for Premier Banking.
• 6 months: S$180 at 1.80% p.a. for Personal Banking, or S$190 at 1.90% p.a. for Premier Banking.
• 12 months: S$380 at 1.90% p.a. for Personal Banking, or S$400 at 2.00% p.a. for Premier Banking.

These figures are simple illustrations using the advertised annualised rates and the stated tenor. Actual interest credited may differ according to RHB’s applicable interest calculation method and day count.

Compared with the earlier 11 Sep 2026 promotion, every listed promotional rate has increased, with the largest uplift on the 12-month tenor:

The headline promotional rate has risen from 1.55% p.a. from 25 Jun 2026 (expired) to 1.75% p.a. from 1 Aug 2026 (expired), 1.80% p.a. from 11 Sep and 2.00% p.a. from 28 Sep – a 0.45 percentage-point rise from late June.

Important points before placing funds 📝

• Who may qualify: The promotion applies to new and existing individual customers with Personal or Joint Accounts making eligible SGD fixed deposit placements into an RHB Singapore Dollar Fixed Deposit Account.
• Account approval: Only accounts approved by RHB qualify for the promotional rates, and account approval remains subject to the bank’s prevailing processes.
• Account status: The eligible account must remain in good standing and be conducted in a proper and satisfactory manner throughout its tenor.
• Minimum placement: Each eligible placement must be at least S$20,000 in a single placement. Multiple eligible placements are allowed.
• Funding and checks: The placement must be fully funded, required information and documents must be supplied, and RHB’s checks must be completed within the promotion period. Placements may be rejected or cancelled if these requirements are not fulfilled in time.
• Customer tier matters: Premier Banking customers receive a rate 0.10 percentage point above the corresponding Personal Banking rate for every listed tenor.
• Rates can change: Promotional rates and available tenors may be varied, withdrawn or discontinued at RHB’s discretion without prior notice.
• At maturity: Unless different instructions have been given, principal and interest are renewed at RHB’s prevailing promotional rate, where available, or the applicable board rate for the relevant tenor, currency and amount.
• Other promotions: The offer cannot be combined with other RHB privileges or promotions unless RHB specifies otherwise.
• FD advice printing: A S$5 charge applies for each printed FD advice requested.

Before committing funds, read the full Terms and Conditions (PDF).

How to place through RHB Mobile SG 📱

1. New-to-bank customers: Open an RHB current or savings account through RHB Mobile SG, complete the account approval process, fund the account and make a new eligible promotional fixed deposit placement.
2. Existing customers: Log in to RHB Mobile SG, review the prevailing promotional rates and make a new eligible fixed deposit placement.
3. Eligible renewals: Existing SGD RHB fixed deposits with maturity dates falling within the promotion period qualify as eligible renewals. For placements already carrying auto-renewal instructions, the prevailing Personal or Premier promotional rate is applied automatically on the renewal date.

Prefer branch assistance? Branch options include Cecil Branch & Premier Centre at 90 Cecil Street, RHB Bank Building Level 1; Orchard Premier Centre at 321 Orchard Road, Orchard Shopping Centre Level 2; Parkway Branch at Parkway Parade #B1-83A/83B; and Jurong East Branch at 131 Jurong Gateway Road #01-257. Check the RHB Singapore branch locator before heading down.

Premier Banking eligibility 🏦

RHB Premier requires a Total Relationship Balance (TRB) of S$200,000. TRB combines the aggregate value of individual savings accounts, current accounts, fixed deposits, investments and/or investment products. Confirm Premier eligibility before placement when balances are close to the qualifying threshold, since the applicable banking tier affects the promotional rate.

Compare before locking in cash 🔎

Compare the tenor, promotional rate, minimum placement, placement channel and expected maturity date before proceeding. The 3-month tenor provides the earliest maturity, while the 12-month tenor offers the highest current promotional rate. The 6-month option sits between the two for both rate and duration.

For wider market context, check the Singapore fixed deposit rate guide. For RHB’s prevailing campaign mechanics, eligibility criteria, exclusions and rate updates, visit the official RHB promotional page.

The highest current Personal Banking rate is 1.90% p.a., while 2.00% p.a. applies to Premier Banking customers on the 12-month tenor. Each promotional fixed deposit placement requires at least S$20,000, while RHB Premier requires a S$200,000 TRB. Check the prevailing rate and banking tier before confirming a placement, as promotional rates may change without prior notice.

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