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Jun 4, 2024 · Here's everything you need to know about fixed deposits in Singapore, from the best fixed deposit rates, how fixed deposits work and whether they are the best place to stash your cash. Fixed deposits (also known as time deposits) earn you guaranteed interest for the money you deposit in the bank over a specified duration.
Jul 2, 2024 · Here are the best fixed deposit rates in Singapore 2024 for deposits $50,000 and above: SBI (3.40% p.a.—min. $50,000 for 6 months ) CIMB (3.35% p.a.—min. $10,000 for 6 months)
Fixed deposits are an important investment option for investors in Singapore. They provide a guaranteed return on investment and are considered to be a low-risk investment option. Fixed deposits are a type of savings account that allows individuals to earn interest on their deposits over a fixed period of time.
Jul 1, 2024 · Unlike other financial instruments that are subject to market fluctuations, fixed deposits offer a secure option with significantly lower risk. They ensure that your capital remains intact, providing peace of mind and a reliable safety net for your hard-earned money.
4 days ago · DBS Fixed Deposit rates give you the opportunity to save your savings in Singapore dollars with a wide range of tenors. View our latest SGD Fixed Deposit rates!
Secure higher returns with OCBC's fixed deposit rates & promotion! Open a Time Deposit (Fixed Deposit) account online with the OCBC Digital app today.
Features & Benefits. Multiple Tenures & Low Deposit. Online Application. Automatic Renewals. While enjoying attractive rates. Choose from tenures of 1, 2, 3, 6, 9, 12, 18 and 24 months, with low initial deposit from S$1,000. Grow with attractive Online SGD FD Rate in SG! From 1 July 2024, get up to 3.40% p.a. on 6-month placement.
Best Fixed Deposit Rate Singapore July 2024. As of July 2024, the best fixed deposit rates in Singapore for various tenures are dominated by BOC. The highest interest rate on the market is 3.50% p.a by BOC. The rates are subject to change and may vary based on the amount deposited and other factors.
Features. Attractive interest rates. Singapore Dollar Time Deposit board rates. Choice Date Interest Rate. Access overdraft facilities secured against your deposit. Time Deposits are now on Maybank2u SG (Lite) app NEW. Place and manage your placements conveniently.
Jul 1, 2024 · Summary: The best 12-month fixed deposit rate was 3.30% p.a. offered by Maybank, with a minimum deposit requirement of S$20,000. The best 6-month fixed deposit rate was 3.40% p.a. from SBI, requiring a minimum deposit of S$50,000. The best 3-month fixed deposit rate was 3.50% p.a. from Bank of China, requiring a minimum deposit of S$500.
