Top Best Fixed Deposit Interest Rates 2018 in Singapore (Updated 8 Jun 18)
Fixed deposit or time deposit accounts are basically a investment vehicle that earn you interest over a fixed period of time. The only thing you need to do is just to park your money with a bank to earn this interest without you doing anything, except to wait for the maturity date.
If you are looking for much lower risk and less volatile products, Fixed Deposits is the product you are looking for as they offer a better peace of mind
Important Note: See Terms & conditions that apply in each promotions. Be sure to read in detail before applying for it.
Updated as at 30 April 2018
|Bank||Min Placement||Tenor (Months)||Rate (% p.a.)||Priority Rate||Promotion End Date|
|CIMB||>= S$20,000||3||1.30||1.35||15 June 2018|
|6||1.45||1.45 / 1.50 (>$50,000)|
|12||1.55||1.55 / 1.60 (>$50,000)|
|UOB||>= S$20,000||10||1.40||N/A||30 June 2018|
|Standard Chartered||>= S$25,000||6||1.15||1.25||30 June 2018|
|Maybank||>= S$55,000||12||1.65||N/A||No indicated end date|
|Maybank iSAVvy Time Deposit||S$50,001 to below S$250,000||12||1.30||N/A||No indicated end date|
|S$250,000 to S$1 million||1.40||N/A|
|HL Bank||S$100,000 to S$499,999||24||1.70||N/A||31 August 2018|
|OCBC||>= S$20,000||12||1.25||N/A||No indicated end date|
|State Bank of India||>= S$50,000||6||1.35||N/A||31 May 2018|
|RHB||>= S$50,000||12||1.48||N/A||13 July 2018|
|Singapore Saving Bonds (June)||Minimum of $500, and in multiples of $500||120||2.63||N/A||Till end of bond |
(no penalty for early withdrawal)
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