Money Lobang

DBS Fixed Deposit

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Rating: 4 Stars4.1/5.0 (7 Reviews)
Interest RateUp to 3.20% Attribute
Min. Deposit $1,000 Attribute

Last updated on 2024-04-30

DBS Fixed Deposit Review

Pros Pros

Low min. deposit

Local bank with many branches

Cons Cons

No FD promotions

Higher interest for deposits capped at <$20k

Not accepting new deposits for 18 months and above tenure

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Deposit Details DBS Fixed Deposit Interest Rates

  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.


Deposits Historical Data Logo DBS Fixed Deposit Rates Historical Chart

DBS Fixed Deposit Rates Historical Chart

* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $100,000 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 May 2024 is 2.95% p.a.

The average monthly highest fixed deposit rate for DBS since 2018 is 1.63% p.a.

DBS has not had any fixed deposit promotional campaigns


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7 Reviews
(Not all reviews shown on page. Search or Sort reviews to find review)
4.1/5.0 (7)
4.1/5.0 (7)

DBS Fixed Deposit Review

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