BEST Fixed Deposit (FD) in Singapore!💰

Recently, fixed deposits are looking more appealing to us due to the interest rate changes in high interest savings accounts 🤨

While the returns are not exactly great, they do extremely well for lazy family like us who does not have time to manage their money.

We love how they have different time horizon, which allows us to choose investment tenure that suit us best.

In summary, we can expect to receive at least 3% regardless of the investment tenure (based on current info).

We compile a list of fixed deposit rates offered by banks and identify the best interest rates based on different time horizon.

*note that interest rates may change, so you gonna have to check the official website for the latest rates.

🍀1 month fixed deposit

Bank of China offer the best 1 month fixed deposit at 3%. At least an investment of $500 is required and you will need to invest via the mobile banking.

🍀3 months fixed deposit

Bank of China offer the best 3 months fixed deposit at 3.5%. At least an investment of $500 is required and you will need to invest via the mobile banking.

🍀6 months fixed deposit

SBI offer the best 6 months fixed deposit at 3.35%. At least an investment of $50k is required.

🍀12 months fixed deposit

RHB offer the best 12 months fixed deposit at 3.25%. At least an investment of $20k is required.

You can check out our blog where we compile the latest fixed deposit rates (albeit delayed) ➡️ https://sharehook.com

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