SINGAPORE: Make the most of your savings before the year ends with this month’s best-fixed deposit interest rates. Here are some banks offering competitive rates in November 2024.
Nov 2024 Highest Fixed Deposit Rates
- Maybank
- Interest Rate: 3.25% p.a.(branch placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
- StashAway Simple Guaranteed
- Interest Rate: 3.10% p.a.
- Commitment Period: 1 month
- Minimum Amount: No minimum
- Syfe Cash+ Guaranteed
- Interest Rate: 3.10% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
- DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
- Bank of China
- Interest Rate: 3.00% p.a. (via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- HSBC
- Interest Rate: 2.65% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$30,000
- Hong Leong Finance
- Interest Rate: 2.80% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$50,000
- CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
- ICBC
- Interest Rate: 2.80% p.a. (via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
- OCBC
- Interest Rate: 2.60% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
- Standard Chartered
- Interest Rate: 2.55 – 2.75% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$25,000
- UOB
- Interest Rate: 2.60% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000
Nov 2024 Best fixed deposit rates by commitment period
3-Month commitment period:
- Syfe Cash+ Guaranteed
- Interest Rate: 3.10% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
- StashAway Simple Guaranteed
- Interest Rate: 3.05% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
- Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 month
- Minimum Amount: S$10,000
- ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$20,000
- Citibank
- Interest Rate: 2.40% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$50,000
6-Month commitment period:
- Syfe Cash+ Guaranteed
- Interest Rate: 2.95% p.a.
- Commitment Period: 6 months
- Minimum Amount: No minimum
- StashAway Simple Guaranteed
- Interest Rate: 2.95% p.a.
- Commitment Period: 6 months
- Minimum Amount: No minimum
- Bank of China
- Interest Rate: 2.75% p.a.(via mobile banking)
- Commitment Period: 6 months
- Minimum Amount: S$500
- ICBC
- Interest Rate: 2.45% p.a.(via e-banking)
- Commitment Period: 6 months
- Minimum Amount: S$500
- CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000
- Maybank
- Interest Rate: 3.25% p.a.(branch placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
- RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$20,000
- OCBC
- Interest Rate: 2.60% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
- State Bank of India
- Interest Rate: 2.90% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$50,000
12-Month commitment period:
- DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
- Syfe Cash+ Guaranteed
- Interest Rate: 2.80% p.a.
- Commitment Period: 12 months
- Minimum Amount: No minimum
- StashAway Simple Guaranteed
- Interest Rate: 2.80% p.a.
- Commitment Period: 12 months
- Minimum Amount: No minimum
- Bank of China
- Interest Rate: 2.50% p.a.(via mobile banking)
- Commitment Period: 12 months
- Minimum Amount: S$500
- ICBC
- Interest Rate: 2.30% p.a.(via e-banking)
- Commitment Period: 12 months
- Minimum Amount: S$500
- CIMB
- Interest Rate: 2.55 – 2.60% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$10,000
- Maybank
- Interest Rate: 2.95% p.a.(branch placement)
- Commitment Period: 12 months
- Minimum Amount: S$20,000
- RHB
- Interest Rate: 2.60 – 2.65% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$20,000
- OCBC
- Interest Rate: 2.50% p.a.(internet banking)
- Commitment Period: 12 months
- Minimum Amount: S$30,000
Nov 2024 Best fixed deposit rates by minimum deposit
Deposits $10,000 and under:
- DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
- Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- Hong Leong Finance
- Interest Rate: 2.70% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$5,000
- CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
- UOB
- Interest Rate: 2.60% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000
Deposits $20,000–$49,999:
- Maybank
- Interest Rate: 3.25% p.a.(branch placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
- Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- HSBC
- Interest Rate: 2.65% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$30,000
- CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
- RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
- Standard Chartered
- Interest Rate: 2.55 – 2.75% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$25,000
- OCBC
- Interest Rate: 2.60% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
- Hong Leong Finance
- Interest Rate: 2.75% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$20,000
Deposits $50,000 and above:
- CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
- Citibank
- Interest Rate: 2.40% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$50,000
- HSBC
- Interest Rate: 2.65% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$30,000
- Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
- RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
- Hong Leong Finance
- Interest Rate: 2.80% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$50,000
Read also: Up to 3.45% interest rate! Best fixed deposit rates in Singapore for Oct 2024
Disclaimer: Rates are promotional and subject to change. For the most current rates, visit the respective bank websites
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