Get more interest on your money with the
Is the majority of your cash still in a savings account? earning peanuts interest?
Time to shift them to the
Why FD?
 Pays you a fixed rate of interest until a given maturity date
 The interest rate is higher than a regular savings account
 Riskfree 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 suit you
Best Fixed Deposit Rates By Tenor
 1Month: 1.15% p.a. (ICBC)
 3Month: 1.70% p.a. (CIMB)
 4Month: NA
 5Month: NA
 6Month: 1.75% p.a. (HSBC)
 7Month: NA
 8Month: NA
 9Month: 1.65% p.a. (ICBC)
 10Month: 1.60% p.a. (UOB)
 12Month: 1.80% p.a. (CIMB)
 24Month: 1.75% p.a. (Maybank iSAVvy)
Singapore Fixed Deposit Promotion January 2020
CIMB SGD Fixed Deposit
Get up to 1.80% p.a. (12month) 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 31/01/20
Placement Amount 
Tenor 
Branch Rate 
Online Rate 
Minimum S$10,000 
3Month 
1.30% p.a. 
1.70% p.a. 
Minimum S$10,000 
6Month 
1.45% p.a. 
1.70% p.a. 
Minimum S$10,000 
12Month 
1.55% p.a. 
1.80% p.a. 
Standard Chartered SGD Time Deposit
Get 1.55% p.a. (10month) with Standard Chartered FD!
If you are their priority banking customer, you can get a preferential rate of 1.65% p.a.
The minimum placement is S$25,000.
Promotion: Until 31/01/20
Placement Amount 
Tenor 
Promotional Rate 
Priorty Banking Preferential Rate 
Minimum S$25,000 
10Month 
1.55% p.a. 
1.65% p.a. 
UOB 10Month SGD Fixed Deposit
Get 1.60% p.a. (10month) with UOB FD!
The minimum placement is S$20,000.
Promotion: Until 31/12/19
Placement Amount 
Tenor 
Interest Rate 
Minimum S$20,000 
10Month 
1.60% p.a. 
HSBC SGD Time Deposit
Get up to 1.75% p.a. (6month) with HSBC FD!
The minimum placement is S$30,000 and maximum placement is S$1,200,000.
Promotion: Until 29/02/20
Placement Amount 
Tenor 
New or Existing HSBC Premier Customers 
New or Existing HSBC Advance Customers 
S$30,000 to S$1,200,000 
6Month 
1.75% p.a. 
1.75% p.a. 
ICBC Fixed Deposit
Get up to 1.70% p.a. (12month) with ICBC FD when the placement is done via ebanking!
The minimum placement is S$500.
Promotional rates are subjected to changes.
Placement Amount 
1Month

3Month 
6Month 
9Month 
12Month 
12Month (ebanking) 
S$500 and above 
1.05% p.a. 
1.40% p.a. 
1.55% p.a. 
1.55% p.a. 
1.55% p.a. 
1.60% p.a. 
S$20,000 and above 
1.15% p.a. 
1.50% p.a. 
1.65% p.a. 
1.65% p.a. 
1.65% p.a. 
1.70% p.a. 
Hong Leong Finance FD
Get up to 1.73% p.a. (12month) with Hong Leong fixed deposit promotion!
The minimum placement is S$50,000.
Promotional rates are subjected to changes.
Placement Amount 
3Month

6Month 
12Month

S$20,000 to < S$50,000 
1.40% p.a. 
1.45% p.a. 
1.65% p.a. 
S$50,000 to < S$100,000 
1.45% p.a. 
1.50% p.a. 
1.70% p.a. 
S$100,000 to < S$200,000 
1.50% p.a. 
1.53% p.a. 
1.70% p.a. 
S$200,000 and above 
1.50% p.a. 
1.55% p.a. 
1.73% p.a. 
Maybank Fixed Deposit (iSAVvy)
Get 1.75% p.a. (24month) 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 Amount 
Tenor 
Interest Rate 
S$50,001 to S$1,000,000 
24Month 
1.75% p.a. 
S$50,001 to S$1,000,000 
12Month 
1.45% p.a. 
Maybank 12month SGD Fixed Deposit
Get 1.60% p.a. (12month) 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 Amount 
Tenor 
Interest Rate 
Minimum S$20,000 
12Month 
1.60% p.a. 
OCBC FD
Get up to 1.55% p.a. (12month) with OCBC fixed deposit promotion!
The minimum placement is S$20,000.
Promotional rates are subjected to changes.
Placement Amount 
Tenor 
Interest Rate 
Minimum S$20,000 
12Month 
1.55% p.a. 
State Bank Of India Singapore FD
Get up to 1.25% p.a. (12month) with SBI fixed deposit promotion!
The minimum placement is S$250,000.
Promotional rates are subjected to changes.
Placement Amount 
Tenor 
Interest Rate 
S$250,000 to S$1,000,000 
12Month 
1.25% p.a. 
Sing Investment & Finance (SIF)
Get 1.75% p.a. (12month) with Sing Investment deposit promotion!
The minimum placement is S$10,000.
Promotional rates are subjected to changes.
Placement Amount 
6Month 
12Month 
S$10,000 
1.50% p.a. 
1.70% p.a. 
S$50,000 
1.60% p.a. 
1.75% p.a. 
RHB SGD Fixed Deposit
RHB is not having any FD promotion currently.
Placement Amount 
Tenor 
Interest Rate 
– 
– 
– 
Bank Of China Singapore Fixed Deposit
BOC is not having any FD promotion currently.
Placement Amount 
Tenor 
Interest Rate

– 
– 
– 
POSB/DBS Fixed Deposit
POSB/DBS is not having any FD promotion currently.
Placement Amount 
Tenor 
Interest Rate

– 
– 
– 
Singapura Finance Fixed Deposit
Singapura Finance is not having any FD promotion currently.
Placement Amount 
Tenor 
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  1Month  3Month  4Month  5Month  6Month  7Month  8Month  9Month  10Month  12Month  13Month  20Month  24Month 

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    1.70% p.a.      1.70% p.a.          1.80% p.a.       
UOB  Minimum S$20,000                  1.60% p.a.         
Standard Chartered  Minimum S$25,000                  1.55% p.a.         
HSBC(Premier)  S$30,000 to S$1,200,000          1.75% p.a.                 
HSBC(Advance)  S$30,000 to S$1,200,000          1.75% p.a.                 
HL Bank                             
SBI Singapore                      1.25% p.a.       
ICBC(Branch)  S$500 and above  1.05% p.a.  1.40% p.a.      1.55% p.a.      1.55% p.a.    1.55% p.a.       
ICBC(Online)  S$500 and above                    1.60% p.a.       
ICBC(Branch)  S$20,000 and above  1.15% p.a.  1.50% p.a.      1.65% p.a.      1.65% p.a.    1.65% p.a.       
ICBC(Online)  S$20,000 and above                    1.70% p.a.       
Hong Leong Finance  S$20,000 to < S$50,000    1.40% p.a.      1.45% p.a.          1.68% p.a.       
Hong Leong Finance  S$50,000 to < S$100,000    1.45% p.a.      1.50% p.a.          1.70% p.a.       
Hong Leong Finance  S$100,000 to < S$200,000    1.50% p.a.      1.53% p.a.          1.70% p.a.       
Hong Leong Finance  S$200,000 and above    1.50% p.a.      1.55% p.a.          1.73% p.a.       
Maybank(iSAVvy)  S$50,001 to S$1,000,000                    1.45% p.a.      1.75% p.a. 
Maybank  Minimum S$20,000                    1.60% p.a.       
OCBC  Minimum S$20,000                    1.55% p.a.       
Sing Investment & Finance  S$10,000          1.50% p.a.          1.70% p.a.       
Sing Investment & Finance  S$50,000          1.60% p.a.          1.75% p.a.       
Singapura Finance                             
Bank of China                             
Bank of East Asia                             
RHB                             
Banks/FI  Placement Amount  1Month  3Month  4Month  5Month  6Month  7Month  8Month  9Month  10Month  12Month  13Month  20Month  24Month 
How To Use The Comparison Table
There are 4 main sections in the table.
 Banks/FI
 Placement Amount
 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:
 3Month
 6Month
 7Month
 10Month
 12Month
 15Month
 24Month
The most common tenures are 6Month and 12Month.
You can click on the sorting arrow to sort the interest rates in ascending or descending order.
 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 2020. You might be interested in our guide for the highest savings account interest rate.
Remember to visit us again for further updates!