17. Find out more *T&Cs apply. This website is optimised for viewing on Chrome, Firefox, Safari and Microsoft Edge browsers. 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 … Sing Investments & Finance Limited was incorporated in Singapore on 13 November 1964 and was listed on the Singapore Stock Exchange since July 1983. Before that, make sure you meet the bank’s eligibility criteria and have all the relevant documents on hand. Maximise your savings with attractive fixed interest rates while keeping your funds secure. Click here for more information. These promotions tend to change every month, so make sure to compare your options and find one that suits your needs. Fixed deposits offer a low risk way of growing your nest egg at a guaranteed rate. The average monthly highest fixed deposit rate … 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. We have covered the latest DBS credit card promotions, welcome offers and rewards to help you narrow down on your search. SGD deposits are insured up to S$75k by SDIC. Earn a promotional interest rate of 0.40% p.a. Bank: Tenor: Promotional Interest Rate ... another popular low-risk investment product in Singapore is Singapore Savings Bonds (SSB). We are an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Past Event. Take advantage of competitive interest and exchange rates for 5 major currencies with this low-risk investment facility. 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 This online time deposit offers a range of flexible tenor, upfront interest and interest-on-interest upon maturity. For a fair comparison of fixed deposit rates (including promotional and non … Earn up to S$130 a month, with no minimum account balance required. Upon maturity, you’ll get back your initial funds and the interest accrued at the rate contracted when you first opened the account. 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. Sing Investments & Finance fixed deposit board rates. 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. Interest rate tends to start low, but increases the longer he bonds are held. interest with minimum S$25,000 placement sum 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. Singapore Savings Bond (SSB): Earn up to 0.9% p.a. How are interest rate for fixed deposit calculated? 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. Park your excess funds with us and watch them grow. Investment Products; Promotions; FOREIGN EXCHANGE RATES • FOREIGN EXCHANGE AGAINST ... On a 10-month Singapore Dollar Fixed Deposit *T&Cs apply. Sing Investments & Finance: Earn up to 1.82% p.a. Enjoy higher interest compared to a regular savings account as you keep your funds safe in a Singapore dollar fixed deposit account. 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 How does compound interest affect my savings account? Earn greater interest from your choice of tenure and enjoy overdraft facilities secured against your SGD deposit. 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. 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. What are the advantages and disadvantages of fixed deposit account? We may receive compensation from our partners for placement of their products or services. While fixed deposits and SSBs share a lot of similarities, there’s some important differences to take note of. List of Fixed Deposit sale events, promotions, price list and other happenings in Singapore. Click here to learn more about the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011. Find great deals and discounts, bigger savings and awesome unlimited rewards with the latest promotions from CIMB Bank Singapore! 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. While we receive compensation when you click links to partners, they do not influence our content. 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 … finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. The SIF Singapore Dollar Fixed Deposit offers attractive interest rates for your deposits. Choose from a range of flexible tenure and earn competitive interest rates on your SGD deposits with this low risk investment. While we are independent, we may receive compensation from our partners for featured placement of their products or services. 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. Sing Investment & Finance (SIF) Get up to 0.75% p.a. Learn how to invest in Airbnb in Singapore. When she’s not busy typing away, she’s reading and musing over a pint. with just a S$20,000 minimum deposit for a 10 months tenure. Can be withdrawn immediately, but risk losing earned interest and incur penalty fees. For premature withdrawal, interest will be payable @ 0.10% p.a. * on your 10-month Singapore Dollar Fixed Deposit. 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. In “normal”, non-Covid-19 times, promotional fixed deposit rates can go up to 1.8% to 2% p.a. Maybank Singapore Dollar Privilege Plus Time Deposit. 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. 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 Watch your spare cash grow with minimal risk and earn competitive interest rates. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Should you put your money in fixed deposits or Singapore Savings Bonds (SSB)? over 10 years). Last updated January 2021 P3W5D. Learn how we maintain accuracy on our site. The SIF Singapore Dollar Fixed Deposit offers attractive interest rates for your deposits. Park your excess funds with us and watch them grow. The Fixed Deposits Promotion is applicable to Individual accounts only. However, do note that both savings types are currently offering pretty underwhelming interest rates. Choose from 9 major currencies and earn potentially higher exchange gains with ths foreign currency fixed deposit account. 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. Cashback Bonus. An experienced copywriter and content creator, Zyane enjoys writing on a wide array of subjects. The right debit card is one that is best suited for your needs and lifestyle. 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. Kickstart your journey with us today. Time Deposits (Fixed Deposits) Sustainable Time Deposit Time to invest in a sustainable future. Withdrawal may takes up to 30 days to be processed. Compare available fixed deposit promotions in Singapore and find one with the best interest rates. 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 returns with a minimum sum of $500 in the latest Singapore Savings Bond. Save a fixed amount of money in Singapore Dollars and Foreign Currencies at a fixed … Read the full report. Optional, only if you want us to follow up with you. A simple feature like compound interest can make a big difference in how your savings grow. Singapore is a land of streamers, with 69% of people subscribing to a streaming service and 39% having more than one. Confirm details with the provider you're interested in before making a decision. Another popular low-risk investment option besides fixed deposits is the Singapore Savings Bonds (SSB). Promotions; Bank & Earn. 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. Enjoy up to 0.55% p.a. To open a fixed deposit account, you’ll need to apply in-person. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. regularly, Best debit cards in Singapore for January 2021, How to buy stock in Airbnb (ABNB) in Singapore. Singapore Dollar Time Deposit Earn up to 0.55% p.a. Simply login to UOB Personal Internet Banking to make a fresh fund placement now. 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. Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Learn more. For overdue Fixed Deposits, the then prevailing Board Rates will apply. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Fixed deposit board rates are usually very low, but every month, many banks come up with fixed deposit promotions to offer good rates. * on a 6-month US Dollar Fixed Deposit. 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. Choose to park your funds in 10 major currencies with a fixed deposit tenure and benefit from higher interest rates. We have highlighted some of the most outstanding debit cards in Singapore and the perks they offer. Click here for the Terms & Conditions Governing Savings and Fixed/Call Deposit Accounts. 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. 96 Robinson Road #01-01, SIF Building Singapore 068899 Tel: 6305 0300 Customer Service Hotline: 6438 7060 Email: [email protected] Best fixed deposit promotions in Singapore for ≤$10,000. Putting them aside in a fixed term also deters you from dipping into these savings. Maybank iSAVvy Foreign Currency Time Deposit. above board rate for fixed deposit placed for 12 months & above Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. 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. 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. Finder is committed to editorial independence. Secure higher returns for your money in either a foreign currency or SGD over a fixed tenure. To find out how much return you’d get, simply multiply the principal (amount you deposit) by the offered interest rate (% p.a.) Once you’ve compared your options, simply head down to the nearest branch of the bank or lending institution. Currently, consumers can earn a respectable 0.50% p.a. (Average return of of 0.9% p.a. We are not a product issuer, credit provider or financial advisers nor are we a credit intermediary or broker. (24-month) with Sing Investment deposit promotion! You can apply for a fixed deposit with any bank in Singapore. Here are some of the ongoing fixed deposit promotions in Singapore: We update our data regularly, but information can change between updates. DEPOSITS. Look forward to potential FX gains on top of earned interest when you make a deposit in foreign currency over a fixed tenure. 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. Ranges from 0.27% to 1.64% 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 … Data indicated here is updated Please verify the validity (even if it says "ON TODAY" below) before heading down Click here for our Daily Special Fixed Deposit Rates. Deposit Insurance Scheme. © Copyright Sing Investments & Finance Limited 2020. Enjoy greater returns when you park your money in a fixed deposit tenure instead of a savings account. Fixed interest rate over the whole tenure. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. This promotion Sing Investments Singapore Fixed Deposit Rates took effect from 4 August 2009. 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. by tenure for the deposit (fraction of a year – e.g. Promotional interest rates are subject to change without prior notice. We will be accepting new placements for tenors 8 months and below. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. 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. Interest rates for tenors of 9 months and above are applicable only to … Discover the benefits you can get in-store and online with a shopping credit card. 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. Find out what you need to do to unlock the highest interest rate offered by UOB One Account. This vacation-rental giant has finally gone public. So if you’re looking for higher interest earn, consider high yield savings accounts or insurance savings plans instead. in the latest bond – Apply by 28 December 2020. 1.5 for 18 months, 1.75 for 21 months). We may also receive compensation if you click on certain links posted on our site. 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. We asked 47 experts for their cryptocurrency price predictions and took a deep dive into the Bitcoin price rally. The calculation for interest earned through fixed deposit is straightforward. Note: Senior citizens enjoy additional 0.125% p.a. Fixed Deposit – Singapore Dollar & Foreign Currency. 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. on completed quarter (s) and a fee of S$50 applies. It’s easier with us. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. The minimum placement is S$20,000. Can I top up a fixed deposit … No penalty fee. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Enjoy interest rate of 0.50% p.a. This promotion is available from 1 December 2020 to 31 December 2020. We may also receive compensation if you click on certain links posted on our site. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Investments & Finance: earn up to 1.8 % to 2 % p.a cards in Singapore: we update data. To start low, but risk losing earned interest and Exchange rates for your needs are an independent comparison and... Is optimised for viewing on Chrome, Firefox, Safari and Microsoft Edge browsers this promotion is applicable to accounts! 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