Singapore Time Deposit Rates

Within Singapore, fixed interest bank products are commonly known as either a fixed deposit or time deposit in the country. This product is denominated in the local currency of the Singaporean Dollar (SGD) but some banks do offer deposits in foreign currencies as well. These currencies can include but are not limited to for a foreign currency fixed deposit product in USD, CAD, EUR, GBP, CHF, HKD, JPY, NZD and AUD.

The local $S deposit rates published may be influenced by a number of factors including bank requirements, monetary policy from the Monetary Authority of Singapore (mas.gov.sg) and competition.

Some banks offer flexible periods with Tenors or Terms that may range from 1 day, 3 month, 1 year or 3 year terms but will depend on each individual bank. This product can require a minimum deposit to open and can have a higher rate of return then $S savings accounts.

Best Time/Fixed Deposit Interest Rates in Singapore

Deposit Account Type Term APY Account Details
Maybank Singapore 1 Year Time Deposit 1 year 0.75% The rate is for the 'Singapore Dollar Time Deposit' product that requires a minimum deposit of S$ - SGD - Jan, 2014 More Info
DBS Singapore 2 Year Fixed Deposit 2 year 0.55% This medium term fixed deposit account requires a minimum of S$1000 for this 24 month/2 year teno - SGD - Apr, 2014 More Info
Maybank Singapore 6 Month Time Deposit 6 month 0.5000% The indicated yield for this 6 month/180 day TD requires a deposit balance of S$ 250,000 to S$ 99 - SGD - Jan, 2014 More Info
Standard Chartered Bank Singapore 1 Year Time Deposit 1 year 0.350% This Standard Chartered deposit interest rate is for a 12 month / 1 year term and requires a mini - SGD - Jan, 2014 More Info
Maybank Singapore 3 Month Time Deposit 3 month 0.3500% The interest rate yield offered by Maybank requires a minimum deposit of S$ 1,000 for this 3 mont - SGD - Jan, 2014 More Info
OCBC 1 Year Time Deposit 1 year 0.25% - Rate is for deposits >$20,000 - S$999,999 and of period 12 mths - SGD - Feb, 2014 More Info
DBS Singapore 1 Year Fixed Deposit 1 year 0.25% Deposit Accounts require a S$1,000 minimum and the rate applicable is for a period of 12 months - SGD - Apr, 2014 More Info
UOB Singapore 1 Year Fixed Deposit 1 year 0.25% A minimum of S$5,000 for this deposit account and this interest rate is applicable f - SGD - Feb, 2014 More Info
HSBC Singapore 1 Year Time Deposit 1 year 0.25% This HSBC Singapore deposit interest rate is for a 12 month / 1 year term and require a minimum o - SGD - Jan, 2014 More Info
Maybank Singapore 1 Month Time Deposit 1 month 0.20% The shortest tenor TD offered by Maybank requires a minimum deposit of S$ 10,000. - SGD - Jan, 2014 More Info
Standard Chartered Bank Singapore 6 Month Time Deposit 6 month 0.200% The yield indicated for a 6 month time deposit by SCB requires a deposit minimum amount of S$5000 - SGD - Jan, 2014 More Info
OCBC 6 Month Time Deposit 6 month 0.150% This OCB SGD fixed deposit interest Rate requires a deposit balance of >$20,000 - S$999,999 fo - SGD - Feb, 2014 More Info
UOB Singapore 6 Month Fixed Deposit 6 month 0.15% This FD account requires a minimum of S$5,000 and this deposit interest rate is applic - SGD - Feb, 2014 More Info
DBS Singapore 6 Month Fixed Deposit 6 month 0.1500% This DBS FD interest rate below is for a balance required is greater than S$1000 and for a 6 mont - SGD - Apr, 2014 More Info
HSBC Singapore 6 Month Time Deposit 6 month 0.150% The interest rate yield below applicable for this 6 month/180 day FD account requires a minimum o - SGD - Jan, 2014 More Info
Citibank Singapore 6 Month Time Deposit 6 month 0.10% The interest rate from Citibank for this short term tenor of months/ 180 days and requi - SGD - Jan, 2014 More Info
Citibank Singapore 1 Year Time Deposit 1 year 0.10% Interest rate for this time deposit is for a 12 month / 1 year term period and requires a minimum - SGD - Jan, 2014 More Info
OCBC 3 Month Time Deposit 3 month 0.100% The FD Interest Rate is for a deposit investment of >$20,000 - S$999,999 and period 3 5 mths - SGD - Feb, 2014 More Info
UOB Singapore 3 Month Fixed Deposit 3 month 0.10% The deposit interest rate is applicable for a balance between S$50,000 - S$249, - SGD - Feb, 2014 More Info
DBS Singapore 3 Month Fixed Deposit 3 month 0.10% The SGD interest rate below is for a deposit balance required above $1000 and for a 3 month term - SGD - Apr, 2014 More Info
HSBC Singapore 3 Month Time Deposit 3 month 0.100% The 2 month/60 day FD is HSBC's second smallest tenor and requires a minimum of 5,000 SGD to open - SGD - Jan, 2014 More Info
Standard Chartered Bank Singapore 3 Month Time Deposit 3 month 0.10% The 3 month TD interest rate requires the an initial deposit of S$5000 - SGD - Jan, 2014 More Info
Citibank Singapore 3 Month Time Deposit 3 month 0.08% Interest rate for this short term tenor of 3 months/ 90 days and requires a minimum 10,000 SGD - SGD - Jan, 2014 More Info
UOB Singapore 1 Month Fixed Deposit 1 month 0.05% The interest rate applicable for this account requires a balance from below S50,000 to S$999,999 - SGD - Feb, 2014 More Info
DBS Singapore 1 Month Fixed Deposit 1 month 0.05% This time deposit/fixed deposit SGD interest rate below is applicable for a deposit balance requi - SGD - Apr, 2014 More Info
HSBC Singapore 1 Month Time Deposit 1 month 0.05% The HSBC Singapore deposit account of 1 month/30 day is its smallest tenor and requires a minimum - SGD - Jan, 2014 More Info
Citibank Singapore 1 Month Time Deposit 1 month 0.05% Interest rate for this short term time deposit is for a 1 month term period and requires a minimu - SGD - Jan, 2014 More Info
OCBC 1 Month Time Deposit 1 month 0.050% The shortest tenor offered by OCBC requires a minimum of S$5000 for this 1 month/30 day term. - SGD - Feb, 2014 More Info
Standard Chartered Bank Singapore 1 Month Time Deposit 1 month 0.050% The 1 month tenor is the shortest maturity offered by SCB for TDs and requires the Singapore Citi - SGD - Jan, 2014 More Info
  • DBS DBS Local Major Singapore Bank 80 Branches / 1,100 ATMs Find Out More
  • DBS DBS DBS Private Bank investible > SGD 5million Find Out More
  • Citibank Singapore Citibank Singapore Major International Bank Began 1902/ Global Branches Find Out More
  • POSB POSB Local retail consumer bank 53 branches / DBS owned Find Out More