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Best Singapore Fixed Deposit Promotion 2018

Get more interest on your money with the best fixed deposit promotion 2018.

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 2018.

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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 By Tenor

  • 3-Month: 1.50% p.a. (CIMB Online)
  • 6-Month: 1.80% p.a. (HSBC Premier)
  • 10-Month: 1.50% p.a. (UOB)
  • 12-Month: 1.90% p.a. (CIMB Online)
  • 13-Month: 1.72% p.a. (Sing Investment & Finance)
  • 15-Month: 1.80% p.a. (Hong Leong Finance)
  • 24-Month: 1.85% p.a. (Sing Investment & Finance)

Singapore Fixed Deposit Promotion December 2018

CIMB SGD Fixed Deposit

Celebrate early Christmas with CIMB Bank! 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: 1/12/18 – 31/12/18

Placement AmountTenorBranch Rate (p.a.)Online Rate (p.a.)
Minimum S$10,0003-Month1.30%1.50%
Minimum S$10,0006-Month1.45%1.70%
Minimum S$10,00012-Month1.55%1.90%

Standard Chartered SGD Time Deposit

Get 1.65% p.a. (12-month) with Standard Chartered FD!

If you are their priority banking customer, you can get a preferential rate of 1.75% p.a.

The minimum placement is S$25,000.

Promotion: 1/12/18 – 31/12/18

Placement AmountTenorInterest Rate (p.a.)
Minimum S$25,00012-Month1.65%

 

UOB 10-Month SGD Fixed Deposit

Get 1.65% p.a. (10-month) with UOB FD!

The minimum placement is S$20,000.

Promotion: 1/12/18 – 31/12/18

Placement AmountTenorInterest Rate (p.a.)
Minimum S$20,00010-Month1.65%

 

HSBC SGD Time Deposit

Get up to 1.90% p.a. (12-month) with HSBC FD!

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

Promotion: 1/12/18 – 31/12/18

Placement AmountTenorNew and Existing HSBC Premier CustomersNew and Existing HSBC Advance Customers
S$30,000 to S$1,200,0006-Month1.80% p.a.1.75% p.a.
S$30,000 to S$1,200,00012-Month1.90% p.a.1.85% p.a.

 

ICBC Fixed Deposit

Get up to 1.65% 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 AmountTenorBranch Rate (p.a.)Online Rate (p.a.)
Minimum S$20,00012-Month1.61%1.65%

 

Hong Leong Finance Fixed Deposit

Get up to 1.80% p.a. (15-month) with Hong Leong FD!

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement Amount6-Month12-Month15-Month
S$20,000 to <S$50,0001.40% p.a.1.60% p.a.1.65% p.a.
S$50,000 to <S$100,0001.40% p.a.1.60% p.a.1.70% p.a.
S$100,000 to <S$200,0001.55% p.a.1.70% p.a.1.75% p.a.
S$200,000 and above1.60% p.a.1.70% p.a.1.80% p.a.

 

Maybank Fixed Deposit (iSAVvy)

Get 1.65% p.a. (12-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 (p.a.)
S$50,001 to S$1,000,00012-Month1.65%

 

Maybank 12-month SGD Time Deposit

Get 1.88% p.a. (12-month) with Maybank FD!

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 (p.a.)
Minimum S$20,00012-Month1.88%

 

OCBC Fixed Deposit

Get up to 1.75% p.a. (24-month) with OCBC FD!

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement AmountTenorInterest Rate (p.a.)
Minimum S$20,00012-Month1.60%
Minimum S$20,00024-Month1.75%

 

Sing Investment & Finance Fixed Deposit

Get up to 1.85% p.a. (24-month) with Sing Investment FD!

The minimum placement is S$20,000.

Promotional rates are subjected to changes.

Placement Amount6-Month13-Month24-Month
Minimum S$20,0001.35% p.a.1.50% p.a.1.70% p.a.
Minimum S$50,0001.40% p.a.1.62% p.a.1.75% p.a.
Minimum S$100,0001.55% p.a.1.72% p.a.1.85% p.a.

 

RHB SGD Fixed Deposit

Get up to 1.85% p.a. (12-month) with RHB FD!

The minimum placement is S$20,000.

Promotion: 1/12/18 – 31/12/18

Placement AmountTenorInterest Rate (p.a.)
Minimum S$20,0006-Month1.65% p.a.
Minimum S$20,00012-Month1.85% p.a.

 

State Bank Of India Singapore Term Deposit Promotion

Get 1.60% p.a. (12-month) with SBI FD!

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

Promotion: 26/10/18 – 31/12/18

Placement AmountTenorInterest Rate (p.a.)
S$50,000 to S$1,000,00012-Month1.60%

 

Bank Of China Fixed Deposit

Placement Amount6-Month12-Month24-Month

 

POSB/DBS Fixed Deposit

Placement Amount6-Month12-Month24-Month

 

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 3-Month 6-Month 7-Month 10-Month 12-Month 13-Month 15-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 1.50% p.a. 1.70% p.a. - - 1.90% p.a. - - -
UOB Minimum S$20,000 - - - 1.50% p.a. - - - -
Standard Chartered Minimum S$25,000 - - - - 1.65% p.a. - - -
HSBC(Premier) S$30,000 to S$1,200,000 - 1.80% p.a. - - 1.90% p.a. - - -
HSBC(Advance) S$30,000 to S$1,200,000 - 1.75% p.a. - - 1.85% p.a. - - -
HL Bank - - - - - - - - -
SBI Singapore S$50,000 to S$1,000,000 - - - - 1.60% p.a. - - -
ICBC(Branch) Minimum S$20,000 - - - - 1.61% p.a. - - -
ICBC(Online) Minimum S$20,000 - - - - 1.65% p.a. - - -
Hong Leong Finance S$20,000 to < S$50,000 - 1.40% p.a. - - 1.60% p.a. - 1.65% p.a. -
Hong Leong Finance S$50,000 to < S$100,000 - 1.40% p.a. - - 1.60% p.a. - 1.70% p.a. -
Hong Leong Finance S$100,000 to < S$200,000 - 1.55% p.a. - - 1.70% p.a. - 1.75% p.a. -
Hong Leong Finance S$200,000 and above - 1.60% p.a. - - 1.70% p.a. - 1.80% p.a. -
Maybank(iSAVvy) S$50,001 to S$1,000,000 - - - - 1.65% p.a. - - -
Maybank Minimum S$20,000 - - - - 1.88% p.a. - - -
OCBC Minimum S$20,000 - - - - 1.60% p.a. - - 1.75% p.a.
Sing Investment & Finance Minimum S$20,000 - 1.35% p.a. - - - 1.50% p.a. - 1.70% p.a.
Sing Investment & Finance Minimum S$50,000 - 1.40% p.a. - - - 1.62% p.a. - 1.75% p.a.
Sing Investment & Finance Minimum S$100,000 - 1.55% p.a. - - - 1.72% p.a. - 1.85% p.a.
Singapura Finance - - - - - - - - -
Bank of China - - - - - - - - -
Bank of East Asia - - - - - - - - -
RHB Minimum S$20,000 - 1.65% p.a. - - 1.85% p.a. - - -
Banks/FI Placement Amount 3-Month 6-Month 7-Month 10-Month 12-Month 13-Month 15-Month 24-Month

 

How To Use The Comparison Table

Best Singapore Fixed Deposit Promotion 2018 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 2018. You might be interested in our guide for the highest savings account interest rate.

Remember to visit us again for further updates!

Updated: Dec 9, 2018 @ 9:52 pm