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SingFinance Revises Rates Amid Broader Market Realignments
From 15 July 2025, SingFinance (Sing Investments & Finance Limited) has implemented a downward adjustment to its Singapore Dollar Fixed Deposit (FD) rates, with the new maximum rate set at 1.65% p.a.. This change replaces the previous top rate of 1.75% p.a., which was introduced only two weeks earlier on 1 July 2025.
The revision is part of a broader recalibration across Singapore’s financial sector, as financial institutions adjust in response to evolving monetary conditions, central bank rate signals, and investor sentiment. While the adjustment narrows yields, SingFinance maintains its commitment to offering secure, attractive savings instruments amid a dynamic interest rate environment.
Updated Online Fixed Deposit Rates
SingFinance’s online fixed deposit placements now reflect a tiered structure based on deposit size, offering flexibility and choice to digital banking customers. The revised rates are as follows:
| Tenor | Minimum Deposit Amount | |
|---|---|---|
| $1,000 | $10,000 | |
| 3 months | 1.60% p.a. | 1.65% p.a. |
| 6 months | 1.60% p.a. | 1.65% p.a. |
| 12 months | 1.40% p.a. | 1.45% p.a. |
These rates are valid only for new placements using fresh funds and are designed to reward customers who utilise SingFinance’s digital channels. The structure supports greater accessibility for customers managing smaller portfolios while still offering solid returns for those with higher deposit capacities.
Rates for Branch-Based Deposits
For clients who prefer to visit a branch, SingFinance continues to provide counter services with consistent FD rates. These apply to minimum deposits of $10,000, offering familiar terms to traditional savers who value in-person engagement:
| Tenor | Minimum Deposit Amount |
|---|---|
| $10,000 | |
| 3 months | 1.60% p.a. |
| 6 months | 1.60% p.a. |
| 12 months | 1.40% p.a. |
These options serve customers who favour personalised assistance and direct consultations with branch staff, particularly when making larger or strategic deposit decisions.
Additional Information and Terms
All listed FD interest rates are subject to change without prior notice and are applicable only to personal accounts with fresh fund placements. Standard terms and conditions apply.
Those considering in-branch services may refer to the branch locator. Customers exploring fixed deposit options can also browse SingFinance’s FD rates page. For market-wide comparisons, visit this guide to top deposit rates.
Conclusion
SingFinance’s latest FD rate adjustment reflects a cautious yet strategic response to broader monetary trends in Singapore and abroad. By offering both digital and in-person avenues for savers, the institution ensures flexibility and access across demographics. While yields may be lower, the continued presence of fixed returns makes FDs a valuable tool in risk-averse portfolios, especially amidst current market volatility. Customers are encouraged to act promptly to secure rates that align with their financial goals.
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