Kickstart your journey with us today. Putting them aside in a fixed term also deters you from dipping into these savings. Click here for our Daily Special Fixed Deposit Rates. This vacation-rental giant has finally gone public. Withdrawal may takes up to 30 days to be processed. You can apply for a fixed deposit with any bank in Singapore. Sing Investments & Finance fixed deposit board rates. © Copyright Sing Investments & Finance Limited 2020. Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. Find great deals and discounts, bigger savings and awesome unlimited rewards with the latest promotions from CIMB Bank Singapore! This website is optimised for viewing on Chrome, Firefox, Safari and Microsoft Edge browsers. Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. For overdue Fixed Deposits, the then prevailing Board Rates will apply. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. Find out what you need to do to unlock the highest interest rate offered by UOB One Account. All rights reserved. Sing Investments & Finance Limited was incorporated in Singapore on 13 November 1964 and was listed on the Singapore Stock Exchange since July 1983. When she’s not busy typing away, she’s reading and musing over a pint. (24-month) with Sing Investment deposit promotion! Click here to learn more about the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011. We are not a product issuer, credit provider or financial advisers nor are we a credit intermediary or broker. Learn how to invest in Airbnb in Singapore. You are about to post a question on finder.com: Finder ROW Pty Ltd (ABN 38 624 431 750) provides factual information on and compares many, but not all, products and services. Read the full report. The SIF Singapore Dollar Fixed Deposit offers attractive interest rates for your deposits. Can I top up a fixed deposit … Enjoy greater returns when you park your money in a fixed deposit tenure instead of a savings account. What are the advantages and disadvantages of fixed deposit account? The calculation for interest earned through fixed deposit is straightforward. The Fixed Deposits Promotion is applicable to Individual accounts only. List of Fixed Deposit sale events, promotions, price list and other happenings in Singapore. The specific eligibility criteria may vary from bank to bank, but you’d typically need to meet these requirements: Make sure you bring along the following documents when you apply: Zyane Tan is an associate editor at Finder. How are interest rate for fixed deposit calculated? UOB Singapore Dollar Fixed Deposit offers some of the market's highest interest rates for small-to-moderate (< S$50,000) sized deposits with longer tenures, and also comes with an attractive promotion. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Singapore Dollar Time Deposit Earn up to 0.55% p.a. For premature withdrawal, interest will be payable @ 0.10% p.a. This online time deposit offers a range of flexible tenor, upfront interest and interest-on-interest upon maturity. Choose to park your funds in 10 major currencies with a fixed deposit tenure and benefit from higher interest rates. Promotions; Bank & Earn. This promotion is available from 1 December 2020 to 31 December 2020. It’s easier with us. Promotional interest rates are subject to change without prior notice. Bank: Tenor: Promotional Interest Rate ... another popular low-risk investment product in Singapore is Singapore Savings Bonds (SSB). No penalty fee. Earn greater interest from your choice of tenure and enjoy overdraft facilities secured against your SGD deposit. Finder is committed to editorial independence. Investment Products; Promotions; FOREIGN EXCHANGE RATES • FOREIGN EXCHANGE AGAINST ... On a 10-month Singapore Dollar Fixed Deposit *T&Cs apply. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. This promotion Sing Investments Singapore Fixed Deposit Rates took effect from 4 August 2009. The current highest fixed deposit rate is a Sing Investments and Finance fixed promotional rate The current Money Lobang National Average Fixed Deposit Rates for December 2020 is 0.52% p.a. (Average return of of 0.9% p.a. We have highlighted some of the most outstanding debit cards in Singapore and the perks they offer. 1.5 for 18 months, 1.75 for 21 months). Park your excess funds with us and watch them grow. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Sing Investments & Finance Limited was incorporated in Singapore on 13 November 1964 and was listed on the Singapore Stock Exchange since July 1983. Ranges from 0.27% to 1.64% p.a. over 10 years). During this commitment period, your funds are locked-in and you won’t be able to access it without incurring a penalty fee. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each … Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Find out more *T&Cs apply. above board rate for fixed deposit placed for 12 months & above Please verify the validity (even if it says "ON TODAY" below) before heading down While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Compare available fixed deposit promotions in Singapore and find one with the best interest rates. While we are independent, we may receive compensation from our partners for featured placement of their products or services. regularly, Best debit cards in Singapore for January 2021, How to buy stock in Airbnb (ABNB) in Singapore. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. So if you’re looking for higher interest earn, consider high yield savings accounts or insurance savings plans instead. Singapore is a land of streamers, with 69% of people subscribing to a streaming service and 39% having more than one. Choose from 9 major currencies and earn potentially higher exchange gains with ths foreign currency fixed deposit account. Deposit Hotline 6880 0668; Vivid Savings Account; Junior Savers; Adult Savers; Gold Savers; Fixed Deposits; Fixed Deposits (Online Renewal) Business Account; Safe Deposit Box; Interest Rates; Check Account Balance; Request for Transaction History; Mode of Deposit; Charges for Deposit; Terms and Conditions; INVESTOR RELATIONS 17. * on your 10-month Singapore Dollar Fixed Deposit. Fixed Deposit – Singapore Dollar & Foreign Currency. Past Event. Here are some of the ongoing fixed deposit promotions in Singapore: We update our data regularly, but information can change between updates. Look forward to potential FX gains on top of earned interest when you make a deposit in foreign currency over a fixed tenure. Due to the competitive market of banking products, banks often provide promotional interest rates or bundles, such as higher interest rates on your FD if you commit to an investment or insurance product as well. Earn up to S$130 a month, with no minimum account balance required. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. The right debit card is one that is best suited for your needs and lifestyle. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Fixed deposits offer a low risk way of growing your nest egg at a guaranteed rate. However, do note that both savings types are currently offering pretty underwhelming interest rates. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Maybank Singapore Dollar Privilege Plus Time Deposit. We may also receive compensation if you click on certain links posted on our site. Interest rates for tenors of 9 months and above are applicable only to … The minimum placement is S$20,000. Learn more. If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us. To open a fixed deposit account, you’ll need to apply in-person. Fixed interest rate over the whole tenure. Sing Investments & Finance: Earn up to 1.82% p.a. Click here for more information. We asked 47 experts for their cryptocurrency price predictions and took a deep dive into the Bitcoin price rally. Fixed deposit promotions in Singapore as of January 2021 Due to the competitive market of banking products, banks often provide promotional interest rates or bundles, such as higher interest rates on your FD if you commit to an investment or insurance product as well. To find out how much return you’d get, simply multiply the principal (amount you deposit) by the offered interest rate (% p.a.) Can be withdrawn immediately, but risk losing earned interest and incur penalty fees. Discover the benefits you can get in-store and online with a shopping credit card. Park your excess funds with us and watch them grow. Take advantage of competitive interest and exchange rates for 5 major currencies with this low-risk investment facility. The average monthly highest fixed deposit rate … Simply login to UOB Personal Internet Banking to make a fresh fund placement now. We may also receive compensation if you click on certain links posted on our site. Click here for the Terms & Conditions Governing Savings and Fixed/Call Deposit Accounts. Data indicated here is updated Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Here’s an overview for these two investments: Depending on your investment goals, you may find that one may be more suitable for you than the other. Interest rate tends to start low, but increases the longer he bonds are held. A fixed deposit (also commonly known as time deposit, or FD for short) is a type of savings account and low-risk investment that allows you to earn competitive interest on your deposited funds over a fixed tenure. We are an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Secure higher returns for your money in either a foreign currency or SGD over a fixed tenure. These are the banks that offer fixed deposits: CIMB; Citibank; DBS / POSB; Hong Leong Finance; ICBC; Maybank; OCBC; Standard Chartered; UOB; Upon application, you will have to transfer your funds into the fixed deposit account to start earning interest on your money. * on a 6-month US Dollar Fixed Deposit. Save a fixed amount of money in Singapore Dollars and Foreign Currencies at a fixed … Best fixed deposit promotions in Singapore for ≤$10,000. The revised interest rates for promotion Sing Investments Singapore fixed deposits are as follows :- This 'promotion' label on Singapore fixed deposit rates of Sing Investments is given by us, so do not be surprise if you call the bank staff and get some other response. Singapore Savings Bond (SSB): Earn up to 0.9% p.a. with just a S$20,000 minimum deposit for a 10 months tenure. DEPOSITS. SGD deposits are insured up to S$75k by SDIC. Before that, make sure you meet the bank’s eligibility criteria and have all the relevant documents on hand. An experienced copywriter and content creator, Zyane enjoys writing on a wide array of subjects. Sing Investment & Finance (SIF) Get up to 0.75% p.a. by tenure for the deposit (fraction of a year – e.g. Cashback Bonus. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each … Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. International bank accounts combine a range of benefits into one package, so read on to see if opening an international account is right for you. Last updated January 2021 P3W5D. We have covered the latest DBS credit card promotions, welcome offers and rewards to help you narrow down on your search. Should you put your money in fixed deposits or Singapore Savings Bonds (SSB)? Time Deposits (Fixed Deposits) Sustainable Time Deposit Time to invest in a sustainable future. While we receive compensation when you click links to partners, they do not influence our content. SGD deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per scheme member by law. interest with minimum S$25,000 placement sum Maybank iSAVvy Foreign Currency Time Deposit. We may receive compensation from our partners for placement of their products or services. 96 Robinson Road #01-01, SIF Building Singapore 068899 Tel: 6305 0300 Customer Service Hotline: 6438 7060 Email: enquiries@sif.com.sg. product provider, We cannot provide you with personal advice or recommendations, Fixed deposit promotions in Singapore as of January 2021, Compare a range of fixed deposits in Singapore. We will be accepting new placements for tenors 8 months and below. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Note: Senior citizens enjoy additional 0.125% p.a. Singapore dollar deposits of non-bank depositors, and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme, are insured by the Singapore Deposit Insurance Corporation for up to S$75,000 in aggregate per depositor per Scheme member by … Block 715 Ang Mo Kio Avenue 6 #01-4006,Singapore 560715, 6456 0588, 6456 9715 Bedok Block 202 Bedok North Street 1 #01-479/481,Singapore 460202, 6445 9596, 6449 3254 Earn a promotional interest rate of 0.40% p.a. Deposit Insurance Scheme. The SIF Singapore Dollar Fixed Deposit offers attractive interest rates for your deposits. Learn how we maintain accuracy on our site. Another popular low-risk investment option besides fixed deposits is the Singapore Savings Bonds (SSB). Important Notice: From 21 May 20, interest rates for new placements and renewals in an SGD FD Account will be computed based on the total SGD FD balances, instead of each placement and/or renewal. How does compound interest affect my savings account? It’s possible to open more than one savings account with the same or different banks, but each comes with its own set of benefits and downsides. on completed quarter (s) and a fee of S$50 applies. Enjoy up to 0.55% p.a. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Upon maturity, you’ll get back your initial funds and the interest accrued at the rate contracted when you first opened the account. While fixed deposits and SSBs share a lot of similarities, there’s some important differences to take note of. Enjoy higher interest compared to a regular savings account as you keep your funds safe in a Singapore dollar fixed deposit account. Maximise your savings with attractive fixed interest rates while keeping your funds secure. Choose from a range of flexible tenure and earn competitive interest rates on your SGD deposits with this low risk investment. Optional, only if you want us to follow up with you. in the latest bond – Apply by 28 December 2020. A simple feature like compound interest can make a big difference in how your savings grow. In “normal”, non-Covid-19 times, promotional fixed deposit rates can go up to 1.8% to 2% p.a. Once you’ve compared your options, simply head down to the nearest branch of the bank or lending institution. Promotional rates: Subjected to changes. January 2021 bank account promotions that give you money back, Guide to opening a bank account in Singapore for international students, finder.com is a financial comparison and information service, not a bank or Confirm details with the provider you're interested in before making a decision. These promotions tend to change every month, so make sure to compare your options and find one that suits your needs. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. with latest fixed deposit promotion from 3 Nov 2019 UPDATED 31 Dec 2019 3 Nov 2019 SGNewsMan Credit Cards, Prepaid Cards, Banks, Events Due to COVID-19, some offers may no longer be valid or temporarily suspended. Enjoy interest rate of 0.50% p.a. Watch your spare cash grow with minimal risk and earn competitive interest rates. Currently, consumers can earn a respectable 0.50% p.a. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Listed on the Singapore savings Bonds ( SSB ) placed for 12 months & promotions!, upfront interest and Exchange rates for 5 major currencies with this low-risk option! Besides fixed deposits offer a low risk way of growing your nest egg at a guaranteed rate higher gains. 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Make better decisions and Exchange rates for your deposits offered by UOB one account interest rates what are the and. May be other options available to you than the products, providers or services tenure.

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