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Looking for a simple way to place spare cash in Singapore Dollar fixed deposits?
SingFinance has refreshed its SGD fixed deposit promotional rates effective 30 Apr 2026, with selected placements offering up to 1.40% p.a.. Compared to the previous rates, rates have increased.
These rates are quoted on a per annum basis. Fixed deposit interest is calculated daily using a 365-day year and is credited and payable only on the maturity date at the contracted rate. This makes the placement more suitable for funds that can be set aside without needing early access 🔒.
Flash Special Rate ⚡
The Flash Special Rate is the headline offer here, with 1.40% p.a. available for a S$100,000 minimum placement across tenors from 1 to 24 months.
| Tenor | Minimum Deposit Amount |
|---|---|
| S$100,000 | |
| 1 – 24 months | 1.40% p.a. |
SingFinance lists this Flash Special Rate for both online and over-the-counter placement, so confirming the latest availability, funding steps and eligibility before placing a larger sum is sensible.
Online placement rates 📱
Online placement starts from a lower minimum of S$1,000, making it the more accessible option for smaller FD placements. The S$10,000 online tier offers slightly higher returns for some shorter and mid-length tenors, especially at 1 month, 3 months and 18 months.
For a balance of flexibility and yield, the 3-month to 12-month range may appeal to savers who prefer not to lock in cash for too long. For longer parking of spare funds, the 18-month and 24-month tenors offer the highest standard online rates shown below.
| Tenor | Minimum Deposit Amount | |
|---|---|---|
| S$1,000 | S$10,000 | |
| 1 month | 1.00% p.a. | 1.05% p.a. |
| 3 months | 1.25% p.a. | 1.30% p.a. |
| 6 months | 1.28% p.a. | 1.30% p.a. |
| 12 months | 1.30% p.a. | 1.30% p.a. |
| 18 months | 1.33% p.a. | 1.35% p.a. |
| 24 months | 1.35% p.a. | 1.35% p.a. |
Branch placement rates 🏦
Branch placement is available from S$10,000 and may suit savers who prefer face-to-face help, form assistance or in-person verification. The branch rates match the S$1,000 online tier, so the main benefit is service support rather than a higher standard promotional return.
| Tenor | Minimum Deposit Amount |
|---|---|
| S$10,000 | |
| 1 month | 1.00% p.a. |
| 3 months | 1.25% p.a. |
| 6 months | 1.28% p.a. |
| 12 months | 1.30% p.a. |
| 18 months | 1.33% p.a. |
| 24 months | 1.35% p.a. |
Quick comparison notes 🔍
- Highest rate shown: 1.40% p.a. under the Flash Special Rate with a S$100,000 minimum placement.
- Lowest starting amount: S$1,000 for online placement.
- Best standard online rate: 1.35% p.a. for 18 months at the S$10,000 tier, and for 24 months at both the S$1,000 and S$10,000 tiers.
- Branch convenience: Useful for in-person service, though rates are the same as the S$1,000 online tier.
Important things to note ⚠️
- Fresh funds requirement: Promotional rates apply to personal accounts and fresh funds. Confirm the definition of fresh funds before placement.
- Rates may change: Promotional FD rates can be revised or withdrawn without prior notice.
- Early withdrawal risk: Ending the fixed deposit before maturity may reduce returns or result in a loss of interest.
- Deposit insurance: Eligible SGD deposits of non-bank depositors are insured up to S$100,000 in aggregate per depositor per Scheme member under the Deposit Insurance Scheme administered by SDIC 🛡️.
How to place a SingFinance fixed deposit ✅
Online placement can be started via the SingFinance Fixed Deposit (FD) Online page. Online FD placements must be funded via transfer from a GoSavers Account. The account can be opened online through the SIF Mobile app using Myinfo, after which funds can be transferred in via FAST from participating banks 📲.
Before confirming a placement, review the fixed deposit and savings terms & conditions for details such as maturity instructions, renewals and early withdrawal treatment.
For over-the-counter placement, check the SingFinance branch locator before heading down. Branch locations in Singapore include Robinson at 96 Robinson Road #01-01 SIF Building, Ang Mo Kio at Blk 715 Ang Mo Kio Avenue 6 #01-4006, Bedok at Blk 202 Bedok North Street 1 #01-479/481 and Jurong at Blk 131 Jurong Gateway Road #01-255.
For a wider look at competing promotions, compare this offer with Singapore fixed deposit and savings promotions to decide whether the rate, tenor and minimum placement amount fit current cash needs.
Bottom line: SingFinance’s latest SGD FD promotion is straightforward, with the strongest quoted rate coming from the Flash Special Rate at 1.40% p.a. for larger placements. For smaller sums, the online FD tiers offer a lower entry point and slightly better rates than branch placement at selected tenors 👍.
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