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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 in Singapore are offered by banks and financial institutions. The minimum deposit amount and tenure of fixed deposits may vary from bank to bank. 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.
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.
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.
Secure higher returns with OCBC's fixed deposit rates & promotion! Open a Time Deposit (Fixed Deposit) account online with the OCBC Digital app today.
3 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!
