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Last updated on 2024-04-01
Low min. deposit
Local bank with many branches
No FD promotions
Higher FD rates only for deposit of less than $20,000
Sponsored Links
Effective interest rates from 6.50% p.a.
Tenure of up to 7 years
Up to $3,000 Cashback
Protect your car with NTUC Income Car Insurance
Get up to $420 CapitaVouchers!
POSB 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
Placements may be made via iBanking or at any POSB branches
You are eligible for this account if you are at least 12 years old
Click here to go to POSB website for more details about POSB Fixed Deposit
POSB 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
POSB / 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 POSB / DBS Fixed Deposits. The current highest fixed deposit rate is a POSB / DBS board rate
The current Money Lobang National Average Fixed Deposit Rates for April 2024 is 2.97% p.a.
The average monthly highest fixed deposit rate for POSB / DBS since 2018 is 1.60% p.a.
POSB / DBS has not had any fixed deposit promotional campaigns
There are several current and savings accounts in Singapore that offer a higher interest rate...
What are the best and highest interest rates for deposits in Singapore?
