 We are now on Telegram. Click to join |
RHB Bank Singapore has refreshed its promotional SGD fixed deposit rates from 31 Mar 2026, giving savers a straightforward place to park spare cash for short to medium tenors 🔒.
Looking for rate certainty without market swings? This latest campaign offers up to 1.50% p.a. with a minimum placement of S$20,000. The board covers 3-month, 6-month and 12-month tenors, with Premier Banking customers getting a small uplift over Personal Banking. Compared with the previous 18 Mar 2026 promotion, the 6-month and 12-month rates are each up by 0.10 percentage point for both customer tiers 📈.
RHB promotional FD rates from 31 Mar 2026 📊
Here is the current promotional board, with the Premier uplift added for easier comparison:
| Tenure | Personal Banking (p.a.) | Premier Banking (p.a.) | Minimum Placement (S$) |
|---|---|---|---|
| 3-month | 1.30% | 1.40% | 20,000 |
| 6-month | 1.40% | 1.50% | 20,000 |
| 12-month | 1.40% | 1.50% | 20,000 |
At a glance: the highest published rate in this campaign is 1.50% p.a., available on both the 6-month and 12-month tenors for eligible Premier Banking customers.
Who this may suit 🧭
This structure may appeal to savers who prefer predictable returns and already have spare cash set aside. Suitable use cases may include building a savings buffer, setting funds aside for school fees or renovation payments, or parking money temporarily while waiting for a later need.
Matching the tenor to known cash-flow needs remains important. Fixed deposits generally work best for funds that are not needed for monthly expenses, emergency use or near-term bills. Holding to maturity is usually the cleaner way to preserve the expected return ✅.
Points worth noting before placement 📝
RHB states that there is no premature penalty fee for SGD Fixed Deposits. Even so, interest treatment for early withdrawal remains subject to the bank’s prevailing terms and conditions, so reading the fine print before placement is still sensible.
- Rates may change: Promotional rates may be revised or withdrawn at the bank’s discretion.
- Renewals: Where eligible auto-renewal instructions apply, promotional rates are stated to follow the prevailing promotional rate on the renewal date for the relevant customer segment.
- Maturity instructions: Confirm whether proceeds will roll over, transfer to a linked account or renew at board rates, so cash remains easy to manage.
A closer read of the full Terms and Conditions (PDF) is worth doing before locking funds in.
How placement works in the RHB Mobile SG app 📱
- New-to-bank customers: Open an RHB current or savings account via RHB Mobile SG, fund the account, then place the FD under the promotion.
- Existing customers: Log in, review the latest FD offers and place or renew eligible deposits in-app.
Premier eligibility at a glance 🏦
RHB Premier requires a Total Relationship Balance (TRB) of S$200,000. TRB comprises eligible individual deposits, investments and/or investment products, so Premier-rate eligibility is worth confirming before placement.
How this may fit a broader savings plan 📌
Comparing tenors and deposit sizes before committing funds remains a sensible step. For wider benchmarking across banks, refer to this Singapore fixed deposit rate guide.
For added flexibility, consider keeping part of the cash in a more liquid savings account or using an FD ladder so different portions mature at different times 🔁. That approach can make it easier to balance certainty, liquidity and rate chasing without concentrating all spare cash in one maturity bucket.
Where to check the latest campaign details 🔎
For the full mechanics, eligibility criteria, exclusions and updates, refer to the official RHB promotional page.
This RHB Bank Singapore fixed deposit promotion is a straightforward option for savers with at least S$20,000 who are comfortable setting aside cash for a defined period. The standout rates sit at 1.50% p.a. for Premier customers on the 6-month and 12-month tenors, while Personal Banking customers still get a clean, simple parking option with the same minimum placement.
Leave a Reply