Finest repaired deposit rates in Singapore (September 2026): Minimum deposits from $500, rates approximately 1.70 percent, Money News

If you believe that repaired deposits are just for conservative cash-rich aunties and uncles, reconsider.

A set deposit (likewise referred to as a time deposit) account is a kind of savings account that pays account holders a set quantity of interest in exchange for transferring a particular amount of cash for a particular amount of time.

Repaired deposit rates have actually been falling, there’s an excellent number of rates that are still really good and worth offering a shot if you have some cash lying around. You do not even require a big stash of cash-these days, banks are providing repaired deposits beginning with as low as $500!

Here’s our round-up of the very best repaired deposit rates in Singapore in September 2026 for banks like UOB, DBS, OCBC, and more.

Personal finance Summary of Singapore repaired deposit rates (September 2026)

Which bank in Singapore has the very best repaired deposit rate? These are the very best repaired deposit rates in Singapore this month for numerous deposit quantities and dedication durations.

Personal finance Total greatest repaired deposit rates in Singapore (September 2026 )

Searching for the outright greatest repaired deposit rates throughout all deposit quantities and

dedication durations? If your deposit quantity and duration are versatile, these are the very best repaired deposit rates you can get in

Singapore this month:

Bank of China( 1.70 percent p.a.-min.$ 500 for 6 months
• )

CIMB( 1.70 percent p.a.-min. $10,000 for 9 or 12 months )

Requirement Chartered( 1.70 percent p.a.-min.$ 25,000 for 6 months)RHB( 1.65 percent p.a.-min.$ 20,000 for 12 months )HL Bank (1.60 percent p.a.-$ 10,000 for 6 or 9 months)ICBC (1.60 percent p.a.-$ 20,000 for 6 months)Maybank (1.55 percent p.a.-min. $20,000 for 6 or 12 months)State Bank of India (1.50 percent p.a.-min. $50,000 for 6 months)Hong Leong Finance (1.45 percent p.a.-min. $10,000 for 5 or 6 months)OCBC (1.40 percent p.a.-min. $20,000 for 12 or 18 months)UOB (1.40 percent p.a.-min. $10,000 for 12 months)Syfe (1.30 percent p.a.-6 months without any minimum quantity)StashAway Simple Fixed (1.05 percent p.a.- one month without any minimum quantity)HSBC (1.05 percent p.a.-min. $30,000 for 3 months)DBS (1.00 percent p.a.-min. $1,000 for 8-12 months)Citibank (0.70 percent p.a.-$ 10,000 for 12 months)

To see set deposit rates by dedication duration or deposit quantity, browse our summary to leap to the area that finest matches your requirements.

Keep in mind: The rates above presume a routine banking relationship. If you are a leading banking consumer or have investment/insurance items with specific banks, you might have the ability to gain access to greater rates.

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Personal finance Repaired deposit rates by dedication duration

When it pertains to repaired deposits, do you have an amount of time in mind? Whether you wish to stash your money for 3, 6 or 12 months, we’ve exercised the very best repaired deposit rates for you.

Finest repaired deposit rates for a 3-month dedication durations or much shorter

Searching for a brief set deposit duration? Here are the very best repaired deposit rates in Singapore for a three-month dedication duration.

Bank of China (1.35 percent p.a.-min. $500 for 3 months)CIMB (1.35 percent p.a.-min. $10,000 for 3 months)RHB (1.30 percent p.a.-min. $20,000 for 3 months)ICBC (1.30 percent p.a.-$ 20,000 for 3 months)Syfe (1.15 percent p.a.-3 months without any minimum quantity)StashAway Simple Fixed (1.05 percent p.a.-1 month without any minimum quantity)

Bank of China repaired deposit rates

The rates above were set on Aug 31 and stand till Sept 6. Inspect the Bank of China site for the current rates.

The very best part about the Bank of China’s repaired deposit rates is the low minimum deposit and vast array of tenor durations. They are presently using 1.70 percent p.a. for a positioning of$ 500 for a duration of 6 months. Somewhat longer tenors of 9 or 12 months lower the rate to 1.55 percent p.a. and 1.65 percent p.a. respectively, however the minimum deposit quantity stays really available at simply$ 500.

If you have $200,000 to put aside, you can take pleasure in 1.75 percent p.a. for tenors of 6, 9 or 12 months.

Do note that you require to make your deposits through mobile banking to take pleasure in

the rates above.

MoneySmart Take

What we like: Short dedication durations from as brief as 1 month readily available, and really low minimum deposit quantity of$ 500.

What we do not like: The greatest rates are opened just with long dedication durations, which might not be practical for those who require their funds in a much shorter timespan.

Citibank repaired deposit rates

The very best Citibank repaired deposit board rate you can presently get is 0.70 percent p.a. for a minimum deposit quantity of$ 10,000 and a dedication duration of 3 months.

If you are a Citigold or Citigold Private Client consumer, you can take pleasure in the following repaired deposit promos from Citibank:

All tiers above use to New Funds Deposit Amount of$ 10,000 to

Rates precise since Sept 2. Do check StashAway’s Simple Fixed page for the current rates.

StashAway provides a money management option called Simple Fixed, which developed from Simple Guaranteed. Like its predecessor, the marketed rate is ensured. StashAway Simple Fix invests your cash in cash market funds handled by certified banks. While the return on these does have small variations, StashAway will top up the distinction if the returns disappoint the rate they guaranteed you.

At the time of composing, the StashAway Simple Fixed interest is 1.05 percent p.a. for a one-month duration, without any minimum or optimum deposit quantities.

MoneySmart Take

What we like: Relatively high rates compared to conventional set deposits. Plus, no minimum or optimum deposit quantity.What we do not like: Like Syfe’s Cash+ Guaranteed, there’s no other way for you to withdraw your funds early, charge or not. When secured, your money is secured tight.

Syfe Cash+ Guaranteed

Rates precise since 2 Sept. Do inspect the Syfe Cash+ Guaranteed page for the most recent rates.

If you’re trying to find a fuss-free, surefire method to grow your cash, you may wish to look beyond our standard banks.

Syfe Cash+ Guaranteed isn’t technically a repaired deposit, however invests your funds into repaired deposits by with banks that are managed by MAS. Their rates are typically greater than conventional banks, and there’s likewise no minimum or optimum quantity.

At the time of composing, Syfe Cash +Guaranteed is providing to 1.30 percent p.a. with a 12-month period. That’s a small boost of 0.05 percent p.a. from the month previously.

MoneySmart Take

What we like: Higher rates than conventional banks, no minimum or optimum deposit quantity.
• What we do not like: No liquidity. You can not withdraw the funds too soon even if you’re prepared to pay a charge. With standard banks, you can too soon withdraw your repaired deposit funds by paying an early withdrawal cost.

Finest repaired deposit rates for a 6-month and 12-month dedication durations

Wanting to stash your money in a repaired bank account for 6 months or one year? Here’s a summary of the very best repaired deposit rates in Singapore in 2026 for six-month and 12-month dedication durations:

CIMB repaired deposit rates

Marketing rates legitimate from Sept 1 subject to alter anytime by CIMB. Do check CIMB’s site for the most recent rates.

Malaysian bank CIMB is providing fairly great repaired deposit rates in Singapore this month, at approximately 1.70 percent p.a. for routine CIMB clients and 1.75 percent p.a. if you’re a CIMB Preferred Banking consumer.

These aren’t high in outright terms, however they are a few of the greatest this month compared to rates used by other banks.

This promotion is for deposits of a minimum of$ 10,000. To take pleasure in the greatest rates, you require to secure your cash for 6 or 12 months and need to use and transfer your cash online.

If you’re seeking to transfer smaller sized quantities of your cost savings into a repaired bank account, CIMB’s board rates use from deposits of$ 1,000 and up. They are a meager 0.2 per cent to 0.3 per cent p.a. or so.

In this circumstances, you would be much better off positioning your cash nearly anywhere else. ICBC( 1.30 percent p.a. with a minimum deposit of $500 for 6 months) and the Bank of China( 1.70 percent p.a. with a minimum of $500 for 6 months )are excellent choices for little deposit quantities and little time frames. You might likewise take a look at a less standard repaired deposit choice, Syfe Cash+ Guaranteed, for approximately 1.30 percent p.a. (no minimum quantity, 6-month duration) this month.

MoneySmart Take

What we like: Relatively brief dedication durations of 3 and 6 months.What we do not like: CIMB’s finest rates are scheduled for their Preferred Banking customers-these are 0.05 percent p.a. greater than the rates for routine Personal Banking consumers. If they market their rates as up to a specific rate, understand that those rates might not use to you.

HL Bank repaired deposit rates

Rates precise since Sept 2. Do check HL Bank’s newest repaired deposit rates; HL Bank might modify rates at their discretion.

A member of the Hong Leong group, HL Bank has a continuous set deposit promo with 3 period alternatives at the time of composing.

Location a minimum of $10,000 in a 6-or 9-month repaired deposit and make a marketing rate of 1.60 percent p.a. This is the greatest rate you can delight in from HL Bank this month.

You can decide for 3 months, although this comes with a lower rate of 1.40 per cent p.a.

No matter the period, the minimum deposit quantity is $10,000. Make your positioning online by means of HLB Connect Online.

MoneySmart Take

What we like: Low tenors readily available, from simply 3 months. Minimum positioning quantity is reasonably available.What we do not like: Higher set deposit rates are offered for longer periods just.

Maybank repaired deposit rates

Keep in mind: The rates above are advertising rates subject to alter at any time by Maybank. Inspect the Maybank repaired deposit rate page for the most recent rates.

Maybank is amongst among the greater repaired deposit rates this month with approximately 1.55 percent p.a.( EIR: 1.41 percent p.a.) over 6 months under a repaired deposit promo. Here’s how this promo works:

You transfer a minimum of $2,000 into a Maybank account( in sets of$ 1,000)

For each$ 1,000 you transferred in action # 1, you can transfer$ 10,000 into a Maybank repaired deposit( minimum$ 20,000)

You’ll get up to 1.65 percent p.a. on your repaired deposit.

Given that the cash in the cost savings account will just make 0.05 per cent p.a., the efficient interest rate you make is in fact 1.50 per cent p.a. That’s still an excellent rate compared to other banks this month.

If you do not wish to use the package promo, Maybank likewise has an alternative for “à la carte” repaired deposits:

The greatest rate of 1.55 percent p.a. initially seems less than what you ‘d get with the package promo, however is in fact greater once you think about the package promo’s efficient rate.

MoneySmart Take

What we like: We like that both online positionings and positionings in branch take pleasure in the very same rates-those who can’t access one or the other for whatever factor aren’t disadvantaged. Their deposit package promos likewise work well if you currently have or mean to get a Maybank cost savings account. What we do not like: Low rates, longer dedication durations, and rather a big deposit quantity relative to other rely on this list.

OCBC repaired deposit rates

Keep in mind: The rates above are advertising rates subject to alter at any time by OCBC. See OCBC’s repaired deposit rates for the current.

OCBC’s greatest repaired deposit rate this month is 1.40 percent p.a. for a 12- or 18-month deposit duration. That’s if you utilize electronic banking. Decreasing to an OCBC branch to establish your repaired bank account is going to yield a lower rate of 1.35 percent p.a.

While these rates might not appear extremely high, other banks have actually slashed their rates too. OCBC’s rates are come out average this month in contrast.

MoneySmart Take

What we like: Convenient application through OCBC app.What we do not like: Relatively high minimum deposit quantity of $20,000. OCBC likewise has a quite considerable variation in its in-branch rates versus electronic banking rates, that makes me believe older folks who just can just gain access to banking services personally are disadvantaged.

RHB repaired deposit rates

Keep in mind: The rates above are proper since Sept 2. They are marketing rates subject to alter at any time by RHB. Do check RHB’s site for the most recent rates.

The most convenient method to put your repaired deposit with RHB is on your phone by means of the RHB Mobile SG App. RHB’s repaired deposit rates somewhat greater their branch positionings this month if you head down to one of their branches.

The greatest rate individual banking consumers can get is 1.65 percent p.a. with a minimum deposit requirement of$ 20,000-that’s amongst the greatest rates today relative to other banks. Presently, this rate uses to 1 of the 3 readily available tenors: 12 months. If you are a Premier Banking client, you can get a rate of 1.75 percent p.a. for the exact same duration. Note that these greatest rates use just if you check out a branch in individual.

Mobile banking rates are 0.10 percent p.a. lower.

MoneySmart Take

What we like: Competitive set deposit rates.

What we do not like: You require to check out a branch to open the greater repaired deposit rates. At $20,000, RHB’s minimum deposit quantity is likewise greater than that for other banks.

Repaired deposit rates by minimum deposit quantity

Is money your restricting element? Excellent news-the minimum quantity for a repaired bank account begins with as low as $500! Here are the very best repaired deposit rates for deposits of the list below quantities:

$ 10,000 and under$ 20,000 – $49,999$ 50,000 and above

Finest repaired deposit rates for deposits $10,000 and under

These are the very best repaired deposit rates in Singapore 2026 for deposits $10,000 and under:

Bank of China (1.70 percent p.a.-min. $500 for 6 months)CIMB (1.70 percent p.a.-min. $10,000 for 9 or 12 months)ICBC (1.30 percent p.a.-$ 500 for 6 months)UOB (1.30 percent p.a.-min. $10,000 for 12 months)DBS (1.00 percent p.a.-min. $1,000 for 8 – 60 months)

DBS repaired deposit rates

Presently, the very best DBS repaired deposit rate is 1.00 percent p.a. for those who put $1,000 to $19,999 into a repaired deposit for 8 to 12 months. This is low compared to other advertising repaired deposit rates this month from other banks( however still a little much better than having your money parked in a routine cost savings account-check out these high-yield cost savings account for other choices).

Rates aside, something I have actually constantly liked about the DBS repaired deposit rates is their low minimum deposit quantity of$ 1,000. They’re likewise quite versatile with the deposit duration. If you can just pay for to secure your money for less than 12 months, DBS will let you pick any deposit duration at 1-month periods, from 1 – 12 months. A lot of other banks restrict this to 3-month periods.

If you’re looking to put $20,000 or more into a repaired deposit, the existing DBS rates are a flat, unimpressive 0.05 per cent p.a. for all lock-in durations. You ‘d be much better off investing your cash nearly anywhere else.

MoneySmart Take

What we like: Low minimum quantity of simply $1,000. We likewise like that you get a lot versatility in regards to for how long you wish to leave it in for-DBS provides deposit durations in 1-month periods from 1 -12 months.What we do not like: DBS does not have actually extremely high repaired deposit rates (and seldom alter them too). Their rates just end up being worth taking a look at from deposit durations of 12 months onwards, and even then are just reasonably appealing if other banks drop their rates. DBS is a bad alternative for investing bigger amounts. If you wish to put in $20,000 or more, DBS repaired deposit rates plunge to simply 0.05 percent p.a.

UOB repaired deposit rates

Promo legitimate till: 30 September 2026, subject to alter by UOB. Do check UOB’s site for the current rates.

* Eligible Wealth items consist of: Unit Trusts, Maxi Yield, Bonds, Structured Products, Regular Premium insurance coverage and Single Premium insurance coverage. Placements should be made by means of Relationship Managers or Client Advisors.

For routine UOB clients, UOB’s greatest repaired deposit rate of 1.40 percent p.a. presently uses to 1 tier-for a deposit duration of 12 months. This rate uses as long as you transfer a minimum of $10,000.

If you likewise have wealth items with UOB, you can open a greater rate of 1.45 percent p.a. for the exact same dedication duration.

If you do not have $10,000 to position in a repaired deposit, banks with choices for smaller sized amounts consist of the Bank of China (1.70 percent p.a. for $500 over 6 months), ICBC (1.50 percent p.a. for $500 over 6 months), and RHB (1.65 percent p.a. for $20,000 over 12 months).

MoneySmart Take

What we like: Commitment durations begin with a fairly brief 6 months.What we do not like: UOB’s present rate is below par. As previously mentioned, you ‘d do much better at other banks for the exact same deposit quantity and duration.

Finest repaired deposit rates for deposits $20,000-$ 49,999

If you have more than $20,000 you wish to store, here are your finest repaired deposit rates in Singapore this month:

Maybank (1.55 percent p.a.-min. $20,000 for 6 or 12 months)

Bank of China (1.70 percent p.a.-min. $500 for 6 months)Hong Leong Finance (1.45 percent p.a.-min. $10,000 for 5 or 6 months)ICBC (1.60 percent p.a.-$ 20,000 for 6 months)CIMB (1.70 percent p.a.-min. $10,000 for 9 or 12 months)RHB (1.65 percent p.a.-min. $20,000 for 12 months)OCBC (1.40 percent p.a.-min. $20,000 for 12 or 18 months)Requirement Chartered (1.70 percent p.a.-min. $25,000 for 6 months)

Basic Chartered repaired deposit rates

Advertising rates legitimate up until: Sept 30, subject to alter by Standard Chartered. Do check Standard Chartered’s repaired deposit rates for the most recent figures.

With rates of interest from 1.70 percent p.a. to 2.00 percent p.a., Standard Chartered’s repaired deposit rates are high compared to rates from other banks this month. Do keep in mind that you just open the greatest rates if you’re a concern personal banking client, i.e. with a particular high net worth. If you’re a routine consumer, you’ll just have the ability to get a rate of 1.70 percent p.a. with a 6-month tenor at their present marketing rates.

If you do not have $25,000 to reserve, you might check out alternatives from banks like ICBC or the Bank of China for smaller sized minimum amounts. ICBC is using 1.30 percent p.a. for a minimum amount of $500 and a deposit duration of simply 6 months, or 1.50 percent p.a. if you can stow away$ 20,000 away for 6 months. For the Bank of China, deposit$ 500 or more to secure 1.70

percent p.a. over 6 months.

MoneySmart Take

What we like: Relatively brief dedication duration.

What we do not like: Standard Chartered does not have extremely high rates for the typical Joe-you just get a good one if you’re a concern personal banking client.

Finest repaired deposit rates for deposits $50,000 and above

Have a relatively considerable amount of cash? If you have $50,000 or more that you wish to take into a repaired bank account, you’ve got a couple of great choices. Here are the very best repaired deposit rates in Singapore 2026 for deposits $50,000 and above:

State Bank of India (1.50 percent p.a.-min. $50,000 for 6 months)Bank of China (1.70 percent p.a.-min. $500 for 6 months)ICBC (1.50 percent p.a.-$ 20,000 for 6 months)RHB (1.65 percent p.a.-min. $20,000 for 12 months)CIMB (1.70 percent p.a.-min. $10,000 for 9 or 12 months)Hong Leong Finance (1.45 percent p.a.-min. $10,000 for 5 or 6 months)Citibank (0.70 percent p.a.-$ 10,000 for 12 months)

State Bank of India Singapore repaired deposit rates

Rates precise since Sept 2. Do check SBI’s repaired deposit promo page for their newest marketing rates.

The State Bank of India is presently using 2 tiers of marketing repaired deposit rates for a minimum deposit of $50,000: 1.50 percent p.a. for a tenor of 6 months and 1.40 percent p.a. for a tenor of 12 months. While$ 50,000 isn’t precisely a little amount of cash, the rate of interest they’re using is high relative to other banks this month.

If you do not have $50,000 lying around, you’re entrusted their board rates:

The greatest board rate you’ll get to delight in is 0.80 percent p.a., which is unworthy your time. With$ 500, you can get 1.30 per cent p.a. (6 months) with ICBC or 1.70 per cent p.a. (6 months) with the Bank of China.

MoneySmart Take

What we like: Relatively brief dedication durations offered, with good rate of interest.What we do not like: SBI requests for a high minimum deposit amount.

Hong Leong Finance repaired deposit rates

The rates above are provided p.a. and were released on July 24. They undergo alter whenever at the discretion of Hong Leong Finance. See Hong Leong Finance’s repaired deposit rates for the current.

Putting your cash with banks, it’s likewise beneficial looking into other monetary organizations which likewise provide competitive repaired deposit rates. Hong Leong Finance is one such organization. Do not get it puzzled with HL Bank. While the 2 share the exact same name, they provide completely various repaired deposit rates.

With a lock-in duration of 6 to 12 months, Hong Leong Finance is presently using a repaired deposit rate of approximately 1.45 percent p.a. for a $20,000 minimum deposit over 12 months. This is high compared to other repaired deposit rate of interest this month. Apply online by means of HLF Digital to enjoy this rate.

MoneySmart Take

What we like: Short tenor durations for which you need to stash your money with them. They likewise provide a minimum deposit alternative of $5,000, which is more beginner-friendly.What we do not like: Hong Leong Finance isn’t coming out extremely strong in regards to their repaired deposit rates-average at finest.

Now that we’ve took a look at the rate of interest banks need to provide, here’s a fast and simple summary of what you require to learn about repaired deposits.

Personal finance Repaired deposit vs cost savings account-what’s the distinction?

Anybody trying to find a much better option to their standard cost savings account will be confronted with the exact same choice: repaired deposit or high-interest cost savings account? Both choices beat the meager 0.05 percent p.a. interest on a routine cost savings account, however taking a look at rate of interest alone isn’t sufficient to compare the 2.

Here are the distinctions in between set deposits and cost savings accounts at a look:

Personal finance Compare repaired deposit vs Singapore Savings Bonds(SSB )vs T-bills

If you’re searching for a practically safe financial investment car, you’re bound to have actually stumbled upon repaired deposits, Singapore Savings Bonds (SSB) and Treasury expenses (T-bills). Which is the ideal one for you? Here are some crucial distinctions you must think about.

Discover more about the very best simple and low-risk financial investments, consisting of T-bills, SSBs and more.

You can likewise check out set deposits in other currencies. For beginners, we likewise compare repaired deposit in Hong Kong! Take a look at our guide to HKD repaired deposit rates.

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This short article was very first released in MoneySmart