Menu Close

Best Singapore Fixed Deposit Promotion 2019

Get more interest on your money with the best fixed deposit rates promotion in May 2019.

Is the majority of your cash still in a savings account? earning peanuts interest?

Time to shift your them to the best fixed deposit rates in Singapore.

Why FD?

  • Pays you a fixed rate of interest until a given maturity date
  • The interest rate is higher than a regular savings account
  • Risk-free guaranteed returns
  • Flexible tenure
  • Easily withdrawable if needed

The FD rates are definitely becoming more attractive with banks offering more time deposit promotions.

Most of the banks require you to deposit fresh funds to qualify for the promotion.

Take your time to go through the latest list of FD interest rates offered by the banks today to find the highest fixed deposit rates that suits you

Best Fixed Deposit Rates By Tenor

  • 1-Month: 1.55% p.a. (ICBC)
  • 3-Month: 1.55% p.a. (ICBC)
  • 6-Month: 1.80% p.a. (ICBC)
  • 9-Month: 1.85% p.a. (ICBC)
  • 10-Month: 1.82% p.a. (Hong Leong Finance)
  • 12-Month: 2.00% p.a. (Maybank/SBI)
  • 24-Month: 2.00% p.a. (Maybank iSAVvy)

Singapore Fixed Deposit Promotion May 2019

CIMB SGD Fixed Deposit

Get up to 1.90% p.a. (12-month) with their online SGD FD.

Just make your placements online through internet banking to get better rates.

The minimum placement of S$10,000 fresh funds is one of the lowest in town.

Promotion: Until 31/05/19


Placement Amount

Tenor

Branch Rate

Online Rate
Minimum S$10,0003-Month
1.30% p.a. 1.55% p.a.
Minimum S$10,0006-Month1.45% p.a. 1.70% p.a.
Minimum S$10,00012-Month1.55% p.a. 1.90% p.a.

Standard Chartered SGD Time Deposit

Get 1.80% p.a. (12-month) with Standard Chartered FD!

If you are their priority banking customer, you can get a preferential rate of 1.90% p.a.

The minimum placement is S$25,000.

Promotion: Until 31/05/19

Placement AmountTenorInterest Rate
Minimum S$25,00012-Month1.80% p.a.

UOB 10-Month SGD Fixed Deposit

Get 1.70% p.a. (10-month) with UOB FD!

The minimum placement is S$20,000.

Promotion: Until 31/05/19

Placement AmountTenorInterest Rate
Minimum S$20,00010-Month1.70% p.a.

HSBC SGD Time Deposit

Get up to 1.75% p.a. (12-month) with HSBC FD!

The minimum placement is S$30,000 and maximum placement is S$1,200,000.

Promotion: Until 31/05/19

Placement AmountTenorNew or Existing HSBC Premier CustomersNew or Existing HSBC Advance Customers
S$30,000 to S$1,200,0006-Month1.65% p.a.1.60% p.a.
S$30,000 to S$1,200,00012-Month1.75% p.a.1.70% p.a.

ICBC Fixed Deposit

Get up to 1.95% p.a. (12-month) with ICBC FD when the placement is done via e-banking!

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement Amount 1-Month3-Month6-Month9-Month12-Month12-Month (e-banking)
S$500 and above1.45% p.a.1.60% p.a.1.70% p.a.1.75% p.a.1.80% p.a. 1.85% p.a.
S$20,000 and above 1.55% p.a.1.70% p.a.1.80% p.a.1.85% p.a.1.90% p.a.1.95% p.a.

Hong Leong Finance FD

Get up to 1.88% p.a. (12-month) with Hong Leong fixed deposit promotion!

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement Amount 6-Month10-Month12-Month
S$20,000 to <S$50,0001.60% p.a.1.68% p.a.1.70% p.a.
S$50,000 to <S$100,0001.65% p.a.1.70% p.a.1.75% p.a.
S$100,000 to <S$200,0001.65% p.a.1.72% p.a.1.78% p.a.
S$200,000 and above1.68% p.a.1.82% p.a.1.88% p.a.

Maybank Fixed Deposit (iSAVvy)

Get 2.00% p.a. (24-month) with Maybank iSAVvy FD when you deposit online!

Fresh funds not needed as the monies are debited from your existing Maybank Savings or Current Account.

The minimum placement is S$50,001 and maximum placement is S$1,000,000.

Promotional rates are subjected to changes.

Placement AmountTenorInterest Rate
S$50,001 to S$1,000,00024-Month2.00% p.a.
S$50,001 to S$1,000,00012-Month1.70% p.a.

Maybank 12-month SGD Fixed Deposit

Get 2.00% p.a. (12-month) with Maybank FD promotion!

You will need to deposit fresh funds into your existing Maybank Savings or Current Account.

For every S$1,000 deposited into your Savings or Current Account, S$10,000 can be placed into the Singapore Dollar Time Deposit.

So, for the minimum placement of S$20,000 in Time Deposit, you need a minimum fresh deposit of S$2,000 in the Savings or Current Account.

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement AmountTenorInterest Rate
Minimum S$20,00012-Month2.00% p.a.

OCBC FD

Get up to 1.65% p.a. (12-month) with OCBC fixed deposit promotion!

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement AmountTenorInterest Rate
Minimum S$20,000 6-Month 1.55% p.a.
Minimum S$20,00012-Month1.65% p.a.

State Bank Of India Singapore FD

Get 2.00% p.a. (12-month) with SBI fixed deposit promotion!

The minimum placement is S$50,000 and maximum placement is S$1,000,000.

Promotional rates are subjected to changes.

Placement AmountTenorInterest Rate
S$50,000 to S$1,000,00012-Month2.00% p.a.

Sing Investment & Finance (SIF)

Sing Investment didn’t have FD promotion currently.

Placement Amount Tenor Interest Rate

RHB SGD Fixed Deposit

RHB is not having any FD promotion currently.

Placement AmountTenorInterest Rate

Bank Of China Singapore Fixed Deposit

BOC is not having any FD promotion currently.

Placement AmountTenor Interest Rate

POSB/DBS Fixed Deposit

POSB/DBS is not having any FD promotion currently.

Placement AmountTenor Interest Rate

Singapura Finance Fixed Deposit

Singapura Finance is not having any FD promotion currently.

Placement AmountTenor Interest Rate

Fixed Deposit Interest Rate Comparison

(Note: Please give a moment for the table to load. You can scroll to the right for more tenure using the scrollbar)

Tip: You can do a quick comparison of the interest rates for a particular tenure by using the sort indicator.

Banks/FI Placement Amount 1-Month 3-Month 6-Month 8-Month 9-Month 10-Month 12-Month 13-Month 20-Month 24-Month
POSB/DBS - - - - - - - - - - -
CIMB(Branch) Minimum S$10,000 - 1.30% p.a. 1.45% p.a. - - - 1.55% p.a. - - -
CIMB(Online) Minimum S$10,000 - 1.55% p.a. 1.70% p.a. - - - 1.90% p.a. - - -
UOB Minimum S$20,000 - - - - - 1.70% p.a. - - - -
Standard Chartered Minimum S$25,000 - - - - - - 1.80% p.a. - - -
HSBC(Premier) S$30,000 to S$1,200,000 - - 1.65% p.a. - - - 1.75% p.a. - - -
HSBC(Advance) S$30,000 to S$1,200,000 - - 1.60% p.a. - - - 1.70% p.a. - - -
HL Bank - - - - - - - - - - -
SBI Singapore S$50,000 to S$1,000,000 - - - - - - 2.00% p.a. - - -
ICBC(Branch) S$500 and above 1.45% p.a. 1.60% p.a. 1.70% p.a. - 1.75% p.a. - 1.80% p.a. - - -
ICBC(Online) S$500 and above - - - - - - 1.85% p.a. - - -
ICBC(Branch) S$20,000 and above 1.55% p.a. 1.70% p.a. 1.80% p.a. - 1.85% p.a. - 1.90% p.a. - - -
ICBC(Online) S$20,000 and above - - - - - - 1.95% p.a. - - -
Hong Leong Finance S$20,000 to < S$50,000 - - 1.60% p.a. - - 1.68% p.a. 1.70% p.a. - - -
Hong Leong Finance S$50,000 to < S$100,000 - - 1.65% p.a. - - 1.70% p.a. 1.75% p.a. - - -
Hong Leong Finance S$100,000 to < S$200,000 - - 1.65% p.a. - - 1.72% p.a. 1.78% p.a. - - -
Hong Leong Finance S$200,000 and above - - 1.68% p.a. - - 1.82% p.a. 1.88% p.a. - - -
Maybank(iSAVvy) S$50,001 to S$1,000,000 - - - - - - - - - 2.00% p.a.
Maybank(iSAVvy) S$50,001 to S$1,000,000 - - - - - - 1.70% p.a. - - -
Maybank Minimum S$20,000 - - - - - - 2.00% p.a. - - -
OCBC Minimum S$20,000 - - 1.55% p.a. - - - 1.65% p.a. - - -
Sing Investment & Finance - - - - - - - - - - -
Singapura Finance - - - - - - - - - - -
Bank of China - - - - - - - - - - -
Bank of East Asia - - - - - - - - - - -
RHB - - - - - - - - - - -
Banks/FI Placement Amount 1-Month 3-Month 6-Month 8-Month 9-Month 10-Month 12-Month 13-Month 20-Month 24-Month

How To Use The Comparison Table

Best Singapore Fixed Deposit Promotion 2019 1

There are 4 main sections in the table.

  1. Banks/FI
  2. Placement Amount
  3. Tenure

1. Banks/FI

The banks & financial institutions included are:

  • Bank of China
  • Bank of East Asia
  • CIMB
  • HL Bank
  • Hong Leong Finance
  • HSBC
  • ICBC
  • Maybank
  • OCBC
  • POSB/DBS
  • RHB
  • SBI Singapore
  • Sing Investment & Finance
  • Singapura Finance
  • Standard Chartered
  • UOB

Clicking on them brings you directly to their official fixed deposit promotion page.

2. Placement Amount

The minimum deposit required to enjoy the promotional FD rates.

Fresh Funds are often required, not transferred from the banks existing savings/current/fixed deposit accounts.

3. Tenure

The current tenure offered are:

  • 3-Month
  • 6-Month
  • 7-Month
  • 10-Month
  • 12-Month
  • 15-Month
  • 24-Month

The most common tenures are 6-Month and 12-Month.

You can click on the sorting arrow to sort the interest rates in ascending or descending order.

Table Navigation

highest fd rates
  • If viewing on a mobile device, tilt the device horizontally to better see the table
  • The banks’ column is fixed to allow for easy viewing
  • Use the horizontal scrollbar to view more tenure period and promotion dates
  • Footer label also allows for easy viewing

I hope this guide helped you to find the highest interest rate for a fixed deposit account in Singapore for 2019. You might be interested in our guide for the highest savings account interest rate.

Remember to visit us again for further updates!

Updated: May 2, 2019 @ 3:48 pm