Last updated on 2023-02-28
Low min. deposit
Local bank with many branches
No FD promotions
Higher interest for deposits capped at <$20k
Not accepting new deposits for 18 months and above tenure
|6 mths||8 mths||12 mths|
|$1k to <$20k||2.90% p.a.||3.00% p.a.||3.20% p.a.|
Receive 3.20% p.a. for 12 months fixed deposit
Receive 3.00% p.a. for 8 months fixed deposit
Receive 2.90% p.a. for 6 months fixed deposit
Interest rates are applicable for minimum placement amount of $1,000 and maximum amount of $19,999
Interest rates for tenors of 12 months and below are applicable for all customers
Interest rates for tenors of 18 months and above are applicable only to rollover of existing placements at the same tenor
New placement may be made via iBanking or at any DBS branches
The DBS Fixed Deposit Account gives you the opportunity to maximise your savings with attractive interest, while keeping your funds secure
Click here to go to DBS website for more details about DBS Fixed Deposit Rate.
* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $75,000 and 3 to 18 months tenure
DBS current highest fixed deposit rate is 3.20% p.a. for 12 months tenure with maximum deposit of $19,999.
There is currently no fixed deposit promotional rate for DBS Fixed Deposits. The current highest fixed deposit rate is a DBS board rate
The current Money Lobang National Average Fixed Deposit Rates for April 2023 is 3.06% p.a.
The average monthly highest fixed deposit rate for DBS since 2018 is 1.25% p.a.
DBS has not had any fixed deposit promotional campaigns