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SingFinance revises fixed deposit (FD) rates from 19 Aug 2025, offering customers updated online and branch options.
From 19 Aug 2025, SingFinance (Sing Investments & Finance Limited) has officially revised its Singapore Dollar Fixed Deposit (FD) rates. The maximum rate, which previously stood at 1.6% p.a. as of 5 Aug 2025, is now adjusted downwards to 1.55% p.a.. This change reflects ongoing market recalibrations and the influence of economic shifts on consumer banking products.
Fixed deposits remain a safe, predictable way for Singaporeans to grow their savings. Even with a slight rate adjustment, SingFinance’s FD offerings continue to provide a stable alternative to volatile investment instruments. Customers can enjoy guaranteed returns, flexibility across tenors, and lower entry thresholds for digital deposits.
Online Fixed Deposit Rates
For customers who prefer to manage their money digitally, SingFinance has introduced a refreshed tier structure. This online-exclusive platform caters to both small and large depositors:
| Tenor | Minimum Deposit Amount | |
|---|---|---|
| $1,000 | $10,000 | |
| 3 months | 1.50% p.a. | 1.55% p.a. |
| 6 months | 1.50% p.a. | 1.55% p.a. |
| 12 months | 1.30% p.a. | 1.35% p.a. |
With a minimum placement of only $1,000, even younger savers or first-time depositors can begin building their savings portfolio. Those with larger deposits benefit from marginally higher rates, rewarding their commitment.
Branch-Based Fixed Deposits
For customers who value face-to-face interactions, SingFinance continues to support branch-based FD placements. The structure here is streamlined:
| Tenor | Minimum Deposit Amount |
|---|---|
| $10,000 | |
| 3 months | 1.50% p.a. |
| 6 months | 1.50% p.a. |
| 12 months | 1.30% p.a. |
This option caters especially to traditional customers who prefer personalised guidance, want to clarify terms in person, or are planning larger commitments.
Additional Tips for Savers
- Compare across tenors: Shorter terms currently offer higher rates than 12-month deposits. Savvy savers may wish to ladder deposits across different tenors to balance liquidity and yield.
- Use fresh funds: These promotional rates apply strictly to new funds, encouraging customers to bring in external savings.
- Digital vs. Branch: Digital placements allow for smaller entry amounts, while branch placements are better suited for larger sums with advisory needs.
Terms & Further Information
Rates apply only to personal accounts and are subject to change without prior notice. Customers are strongly encouraged to read the full terms and conditions before placing their funds. To locate a branch, visit the branch locator. For online applications or to compare ongoing FD rates, see SingFinance’s dedicated Fixed Deposit page. Alternatively, explore this comprehensive guide to the best deposit rates in Singapore.
While SingFinance’s maximum FD rate has been trimmed to 1.55% p.a. effective 19 Aug 2025, the bank still provides attractive, safe, and accessible savings solutions for both digital-first and traditional depositors. With flexible tiers and low entry amounts for online deposits, coupled with consistent branch support, these options remain relevant for a wide range of customers seeking stable returns amidst market uncertainty.
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