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Jul 2, 2024 · Looking for the best fixed deposit promotions? Here are Singapore's highest fixed deposit interest rates in July 2024 based on banks' current promotions.
Jun 4, 2024 · Fixed deposits (also known as time deposits) earn you guaranteed interest for the money you deposit in the bank over a specified duration. The money in the fixed deposit will earn interest during this fixed period of time, with interest paid out at regular intervals, often quarterly or annually.
Fixed deposits typically offer higher interest rates than savings accounts, but the interest rate offered may vary depending on the tenure and amount of the deposit. Fixed deposits can be opened either through online banking or by visiting the bank's branch.
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.
Get SG's highest* online SGD Fixed Deposit rates with CIMB. Quick, hassle-free online application – get your account in less than 10 minutes.
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. Tenure.
Jul 13, 2024 · A fixed deposit, also known as a time or term deposit, is an investment vehicle where you deposit a lump sum of money with a bank for a predetermined period. This allows you to earn a guaranteed amount of interest over that duration.
Dec 12, 2023 · Find out the best HSBC fixed deposit rates in Singapore below. Accessible High Rates for Long Tenures: HSBC SGD Time Deposit. Learn More. Consider this if you're planning to opt for a long-tenure deposit. more details. Promotions: Enjoy a promotional rate of 3.30% p.a. on 4-month SGD Time Deposits with a minimum deposit of S$30,000.
Feb 10, 2024 · When it comes to fixed deposits, do you have a time frame in mind? Whether you want to stash your cash for three, six or 12 months, we’ve worked out the best fixed deposit rates for you....
Flexible choices of currencies and convenient, the DBS bank fixed deposit offers one of the highest interest rates in Singapore that offers guaranteed returns. Apply now to start earning.
