Fixed Deposit Rates
Singapore banks' fixed deposit rates, grouped by tenor. Updated by hand -- confirm on the bank's own page (click the bank name) before depositing.
3-Month
- Min. Deposit
- $500
- Verified
- 02 Aug 2026
- Min. Deposit
- $10,000
- Verified
- 02 Aug 2026
Fresh funds only.
- Min. Deposit
- $30,000
- Verified
- 02 Aug 2026
Promotional rate for fresh funds placed via the HSBC Singapore App, until 31 Aug 2026.
- Min. Deposit
- $10,000
- Verified
- 02 Aug 2026
For deposits up to S$3 million.
| Bank | Rate | Min. Deposit | Notes | Verified |
|---|---|---|---|---|
| HL Bank SGD Fixed Deposit | 1.40% | $10,000 | Promotional rate. | 02 Aug 2026 |
| Bank of China SGD Time Deposit | 1.35% | $500 | — | 02 Aug 2026 |
| Sing Investments & Finance SGD Fixed Deposit | 1.30% | $10,000 | Fresh funds only. | 02 Aug 2026 |
| HSBC SGD Time Deposit | 0.95% | $30,000 | Promotional rate for fresh funds placed via the HSBC Singapore App, until 31 Aug 2026. | 02 Aug 2026 |
| Citibank SGD Time Deposit | 0.60% | $10,000 | For deposits up to S$3 million. | 02 Aug 2026 |
4-Month
- Min. Deposit
- $10,000
- Verified
- 02 Aug 2026
For 4- or 5-month tenor; requires an HLF Digital account, fresh funds only.
| Bank | Rate | Min. Deposit | Notes | Verified |
|---|---|---|---|---|
| Hong Leong Finance Fixed Deposit | 1.50% | $10,000 | For 4- or 5-month tenor; requires an HLF Digital account, fresh funds only. | 02 Aug 2026 |
6-Month
- Min. Deposit
- $20,000
- Verified
- 02 Aug 2026
Promotional rate; terms subject to change without notice.
- Min. Deposit
- $20,000
- Verified
- 02 Aug 2026
For deposits of $20,000+ via e-banking; smaller/over-the-counter deposits get a lower tier.
- Min. Deposit
- $10,000
- Verified
- 02 Aug 2026
Fresh funds only.
- Min. Deposit
- $20,000
- Verified
- 02 Aug 2026
Promotional rate for OCBC Internet/Mobile Banking customers.
- Min. Deposit
- $100
- Verified
- 02 Aug 2026
Board rate, not a limited-time promo.
| Bank | Rate | Min. Deposit | Notes | Verified |
|---|---|---|---|---|
| RHB SGD Fixed Deposit | 1.60% | $20,000 | Promotional rate; terms subject to change without notice. | 02 Aug 2026 |
| SBI SGD Fixed Deposit | 1.50% | $50,000 | Promotional rate. | 02 Aug 2026 |
| ICBC SGD Fixed Deposit | 1.45% | $20,000 | For deposits of $20,000+ via e-banking; smaller/over-the-counter deposits get a lower tier. | 02 Aug 2026 |
| Sing Investments & Finance SGD Fixed Deposit | 1.30% | $10,000 | Fresh funds only. | 02 Aug 2026 |
| Standard Chartered SGD Time Deposit | 1.30% | $25,000 | Promotional rate. | 02 Aug 2026 |
| OCBC SGD Fixed Deposit | 1.25% | $20,000 | Promotional rate for OCBC Internet/Mobile Banking customers. | 02 Aug 2026 |
| UOB SGD Fixed Deposit | 1.20% | $10,000 | Fresh funds placement required. | 02 Aug 2026 |
| MariBank Mari Fixed Deposit | 1.20% | $100 | Board rate, not a limited-time promo. | 02 Aug 2026 |
1-Year
- Min. Deposit
- $20,000
- Verified
- 02 Aug 2026
Promotional rate; terms subject to change without notice.
- Min. Deposit
- $1,000
- Verified
- 02 Aug 2026
For 3-month-and-above tenors; 1-2 month tenors need min. $5,000.
- Min. Deposit
- $22,000
- Verified
- 02 Aug 2026
Effective interest rate for funds of $22,000 and above.
- Min. Deposit
- $50,000
- Verified
- 02 Aug 2026
Digital fixed deposit platform; rates effective from 22 Apr 2026.
- Min. Deposit
- $10,000
- Verified
- 02 Aug 2026
Fresh funds only.
- Min. Deposit
- $100
- Verified
- 02 Aug 2026
Board rate, not a limited-time promo.
- Min. Deposit
- $20,000
- Verified
- 02 Aug 2026
Promotional rate for OCBC Internet/Mobile Banking customers.
- Min. Deposit
- $10,000
- Verified
- 02 Aug 2026
Bank's highest advertised rate for this tenor; fresh funds placement required.
- Min. Deposit
- $1,000
- Verified
- 02 Aug 2026
For deposits of $1,000-$19,999; higher tiers have different rates.
| Bank | Rate | Min. Deposit | Notes | Verified |
|---|---|---|---|---|
| RHB SGD Fixed Deposit | 1.65% | $20,000 | Promotional rate; terms subject to change without notice. | 02 Aug 2026 |
| CIMB SGD Fixed Deposit | 1.60% | $1,000 | For 3-month-and-above tenors; 1-2 month tenors need min. $5,000. | 02 Aug 2026 |
| Maybank SGD Time Deposit | 1.51% | $22,000 | Effective interest rate for funds of $22,000 and above. | 02 Aug 2026 |
| Singapura Finance Vivid Fixed Deposit | 1.48% | $50,000 | Digital fixed deposit platform; rates effective from 22 Apr 2026. | 02 Aug 2026 |
| SBI SGD Fixed Deposit | 1.40% | $50,000 | Promotional rate. | 02 Aug 2026 |
| Sing Investments & Finance SGD Fixed Deposit | 1.33% | $10,000 | Fresh funds only. | 02 Aug 2026 |
| MariBank Mari Fixed Deposit | 1.30% | $100 | Board rate, not a limited-time promo. | 02 Aug 2026 |
| OCBC SGD Fixed Deposit | 1.30% | $20,000 | Promotional rate for OCBC Internet/Mobile Banking customers. | 02 Aug 2026 |
| UOB SGD Fixed Deposit | 1.30% | $10,000 | Bank's highest advertised rate for this tenor; fresh funds placement required. | 02 Aug 2026 |
| DBS/POSB SGD Fixed Deposit | 1.00% | $1,000 | For deposits of $1,000-$19,999; higher tiers have different rates. | 02 Aug 2026 |
Deposit insurance (SDIC)
All banks listed here are SDIC Deposit Insurance Scheme members. SGD deposits are insured up to S$100,000 per depositor per bank; foreign-currency and investment products aren't covered. Full member list at sdic.org.sg.
ICICI Bank Singapore is also covered, but no current FD rate could be confirmed -- see their rates page.
Frequently asked questions
Does a longer fixed deposit tenor always pay a higher rate?
Not necessarily. Banks price FD promotions independently, and shorter tenors sometimes carry a better promotional rate than longer ones, especially when banks expect interest rates to fall. Compare the actual rate for your intended tenor rather than assuming longer always pays more.
What happens if I break a fixed deposit early?
Most banks pay a reduced (or zero) interest rate on early withdrawal, or charge a penalty, and terms vary a lot by bank and product. Check the specific conditions -- linked via the bank name in the table above -- before committing funds you might need early.
What is SDIC deposit insurance?
The Singapore Deposit Insurance Corporation (SDIC) insures SGD deposits, including fixed deposits, at member banks up to S$100,000 per depositor per bank. It doesn't cover foreign-currency deposits or investment products.