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Fixed Deposit Rates

Singapore banks' fixed deposit rates, grouped by tenor. Each figure is checked against the bank's own rates page on a review cycle and applied by hand, so the verification date beside it is part of the figure -- confirm on the bank's own page (click the bank name) before depositing.

3-Month

SGD Time Deposit
1.60%
Rate
Min. Deposit
$30,000
Verified
18 Sept 2026

Personal Banking rate; min. S$30,000 in fresh funds, placed via the HSBC Singapore App. Runs to 30 Sep 2026.

1.50%
Rate
Min. Deposit
$10,000
Verified
15 Sept 2026

Fresh funds only.

SGD Fixed Deposit
1.40%
Rate
Min. Deposit
$10,000
Verified
02 Aug 2026
Not verified in 47 days

Promotional rate.

SGD Time Deposit
1.35%
Rate
Min. Deposit
$500
Verified
02 Aug 2026
Not verified in 47 days
SGD Time Deposit
0.60%
Rate
Min. Deposit
$10,000
Verified
02 Aug 2026
Not verified in 47 days

For deposits up to S$3 million.

4-Month

Fixed Deposit
1.50%
Rate
Min. Deposit
$10,000
Verified
02 Aug 2026
Not verified in 47 days

4- or 5-month tenor, min. S$10,000 in fresh funds. New placements and renewals, individual accounts only.

6-Month

1.70%
Rate
Min. Deposit
$10,000
Verified
16 Sept 2026

Fresh funds only.

SGD Time Deposit
1.70%
Rate
Min. Deposit
$25,000
Verified
12 Sept 2026

Personal Banking rate; min. S$25,000 in fresh funds, placed via Online Banking or SC Mobile. Runs to 30 Sep 2026. Priority Banking and Priority Private earn more.

SGD Fixed Deposit
1.60%
Rate
Min. Deposit
$20,000
Verified
16 Sept 2026

For deposits of $20,000+ via e-banking; smaller/over-the-counter deposits get a lower tier.

SGD Fixed Deposit
1.60%
Rate
Min. Deposit
$20,000
Verified
02 Aug 2026
Not verified in 47 days

Promotional rate; terms subject to change without notice.

SGD Fixed Deposit
1.50%
Rate
Min. Deposit
$50,000
Verified
02 Aug 2026
Not verified in 47 days

Promotional rate.

SGD Fixed Deposit
1.50%
Rate
Min. Deposit
$10,000
Verified
12 Sept 2026

Fresh funds placement required.

SGD Fixed Deposit
1.35%
Rate
Min. Deposit
$20,000
Verified
12 Sept 2026

Promotional rate for OCBC Internet/Mobile Banking customers.

Mari Fixed Deposit
1.20%
Rate
Min. Deposit
$100
Verified
02 Aug 2026
Not verified in 47 days

Board rate, not a limited-time promo.

1-Year

1.75%
Rate
Min. Deposit
$10,000
Verified
16 Sept 2026

Fresh funds only.

SGD Fixed Deposit
1.65%
Rate
Min. Deposit
$20,000
Verified
02 Aug 2026
Not verified in 47 days

Promotional rate; terms subject to change without notice.

SGD Fixed Deposit
1.60%
Rate
Min. Deposit
$1,000
Verified
02 Aug 2026
Not verified in 47 days

For 3-month-and-above tenors; 1-2 month tenors need min. $5,000.

SGD Fixed Deposit
1.55%
Rate
Min. Deposit
$10,000
Verified
12 Sept 2026

Bank's highest advertised rate for this tenor; fresh funds placement required.

SGD Time Deposit
1.51%
Rate
Min. Deposit
$22,000
Verified
02 Aug 2026
Not verified in 47 days

Effective interest rate for funds of $22,000 and above.

Vivid Fixed Deposit
1.48%
Rate
Min. Deposit
$50,000
Verified
02 Aug 2026
Not verified in 47 days

Digital fixed deposit platform; rates effective from 22 Apr 2026.

SGD Fixed Deposit
1.40%
Rate
Min. Deposit
$50,000
Verified
02 Aug 2026
Not verified in 47 days

Promotional rate.

Mari Fixed Deposit
1.30%
Rate
Min. Deposit
$100
Verified
02 Aug 2026
Not verified in 47 days

Board rate, not a limited-time promo.

SGD Fixed Deposit
1.30%
Rate
Min. Deposit
$20,000
Verified
02 Aug 2026
Not verified in 47 days

Promotional rate for OCBC Internet/Mobile Banking customers.

SGD Fixed Deposit
1.00%
Rate
Min. Deposit
$1,000
Verified
02 Aug 2026
Not verified in 47 days

For deposits of $1,000-$19,999; higher tiers have different rates.

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.