SINGAPORE: Make the most of your savings before the end of the year with this month’s most fixed deposit interest rates. Here are some banks offering competitive rates in November 2024.

Highest Fixed Deposit Rates November 2024

• Maybank
  • Interest rate: 3.25% pa (branch placement)
  • Commitment period: 6 months
  • Minimum amount: S$20,000
• StashAway Simple Guaranteed
  • Interest rate: 3.10% per year
  • Commitment period: 1 month
  • Minimum amount: No minimum
• Syfe Cash+ Guaranteed
  • Interest rate: 3.10% per year
  • Commitment period: 3 months
  • Minimum amount: No minimum
• DBS
  • Interest rate: 3.20% per year
  • Commitment period: 12 months
  • Minimum amount: S$1,000
• Bank of China
  • Interest rate: 3.00% per annum (via mobile banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• HSBC
  • Interest rate: 2.65% per annum
  • Commitment period: 3 months
  • Minimum amount: S$30,000
• Hong Leong Finance
  • Interest rate: 2.80% per annum
  • Commitment period: 7 months or 8 months
  • Minimum amount: S$50,000
• CIMB
  • Interest rate: 2.75 to 2.80% per year
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$10,000
• ICBC
  • Interest rate: 2.80% per year (via e-banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• RHB
  • Interest rate: 2.85 to 2.90% per annum
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$20,000
• OCBC
  • Interest rate: 2.60% per annum (Internet banking)
  • Commitment period: 6 months
  • Minimum amount: S$30,000
• Chartered standard
  • Interest rate: 2.55 to 2.75% per year
  • Commitment period: 6 months
  • Minimum amount: S$25,000
• UOB
  • Interest rate: 2.60% per year
  • Commitment period: 6 months
  • Minimum amount: S$10,000

November 2024 Best Fixed Deposit Rates by Commitment Period

3 month commitment period:

• Syfe Cash+ Guaranteed
  • Interest rate: 3.10% per year
  • Commitment period: 3 months
  • Minimum amount: No minimum
• StashAway Simple Guaranteed
  • Interest rate: 3.05% per year
  • Commitment period: 3 months
  • Minimum amount: No minimum
• Bank of China
  • Interest rate: 3.00% per annum (via mobile banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• CIMB
  • Interest rate: 2.75 to 2.80% per year
  • Commitment period: 3 months
  • Minimum amount: S$10,000
• ICBC
  • Interest rate: 2.80% per year (via e-banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• RHB
  • Interest rate: 2.85 to 2.90% per annum
  • Commitment period: 3 months
  • Minimum amount: S$20,000
• Citi Bank
  • Interest rate: 2.40% per year
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$50,000

6 month commitment period:

• Syfe Cash+ Guaranteed
  • Interest rate: 2.95% per annum
  • Commitment period: 6 months
  • Minimum amount: No minimum
• StashAway Simple Guaranteed
  • Interest rate: 2.95% per annum
  • Commitment period: 6 months
  • Minimum amount: No minimum
• Bank of China
  • Interest rate: 2.75% per annum (via mobile banking)
  • Commitment period: 6 months
  • Minimum amount: S$500
• ICBC
  • Interest rate: 2.45% per year (via e-banking)
  • Commitment period: 6 months
  • Minimum amount: S$500
• CIMB
  • Interest rate: 2.75 to 2.80% per year
  • Commitment period: 6 months
  • Minimum amount: S$10,000
• Maybank
  • Interest rate: 3.25% pa (branch placement)
  • Commitment period: 6 months
  • Minimum amount: S$20,000
• RHB
  • Interest rate: 2.85 to 2.90% per annum
  • Commitment period: 6 months
  • Minimum amount: S$20,000
• OCBC
  • Interest rate: 2.60% per annum (Internet banking)
  • Commitment period: 6 months
  • Minimum amount: S$30,000
• State Bank of India
  • Interest rate: 2.90% per annum
  • Commitment period: 6 months
  • Minimum amount: S$50,000

12 month commitment period:

• DBS
  • Interest rate: 3.20% per year
  • Commitment period: 12 months
  • Minimum amount: S$1,000
• Syfe Cash+ Guaranteed
  • Interest rate: 2.80% per annum
  • Commitment period: 12 months
  • Minimum amount: No minimum
• StashAway Simple Guaranteed
  • Interest rate: 2.80% per annum
  • Commitment period: 12 months
  • Minimum amount: No minimum
• Bank of China
  • Interest rate: 2.50% per annum (via mobile banking)
  • Commitment period: 12 months
  • Minimum amount: S$500
• ICBC
  • Interest rate: 2.30% per year (via e-banking)
  • Commitment period: 12 months
  • Minimum amount: S$500
• CIMB
  • Interest rate: 2.55 to 2.60% per year
  • Commitment period: 12 months
  • Minimum amount: S$10,000
• Maybank
  • Interest rate: 2.95% pa (branch placement)
  • Commitment period: 12 months
  • Minimum amount: S$20,000
• RHB
  • Interest rate: 2.60 – 2.65% per annum
  • Commitment period: 12 months
  • Minimum amount: S$20,000
• OCBC
  • Interest rate: 2.50% per annum (Internet banking)
  • Commitment period: 12 months
  • Minimum amount: S$30,000

November 2024 Best Fixed Deposit Rates by Minimum Deposit

Deposits of $10,000 and less:

• DBS
  • Interest rate: 3.20% per year
  • Commitment period: 12 months
  • Minimum amount: S$1,000
• Bank of China
  • Interest rate: 3.00% per annum (via mobile banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• ICBC
  • Interest rate: 2.80% per year (via e-banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• Hong Leong Finance
  • Interest rate: 2.70% per annum
  • Commitment period: 7 months or 8 months
  • Minimum amount: S$5,000
• CIMB
  • Interest rate: 2.75 to 2.80% per year
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$10,000
• UOB
  • Interest rate: 2.60% per year
  • Commitment period: 6 months
  • Minimum amount: S$10,000

Deposits from $20,000 to $49,999:

• Maybank
  • Interest rate: 3.25% pa (branch placement)
  • Commitment period: 6 months
  • Minimum amount: S$20,000
• Bank of China
  • Interest rate: 3.00% per annum (via mobile banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• ICBC
  • Interest rate: 2.80% per year (via e-banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• HSBC
  • Interest rate: 2.65% per annum
  • Commitment period: 3 months
  • Minimum amount: S$30,000
• CIMB
  • Interest rate: 2.75 to 2.80% per year
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$10,000
• RHB
  • Interest rate: 2.85 to 2.90% per annum
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$20,000
• Chartered standard
  • Interest rate: 2.55 to 2.75% per year
  • Commitment period: 6 months
  • Minimum amount: S$25,000
• OCBC
  • Interest rate: 2.60% per annum (Internet banking)
  • Commitment period: 6 months
  • Minimum amount: S$30,000
• Hong Leong Finance
  • Interest rate: 2.75% per annum
  • Commitment period: 7 months or 8 months
  • Minimum amount: S$20,000

Deposits of $50,000 and more:

• CIMB
  • Interest rate: 2.75 to 2.80% per year
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$10,000
• Citi Bank
  • Interest rate: 2.40% per year
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$50,000
• HSBC
  • Interest rate: 2.65% per annum
  • Commitment period: 3 months
  • Minimum amount: S$30,000
• Bank of China
  • Interest rate: 3.00% per annum (via mobile banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• ICBC
  • Interest rate: 2.80% per year (via e-banking)
  • Commitment period: 3 months
  • Minimum amount: S$500
• RHB
  • Interest rate: 2.85 to 2.90% per annum
  • Commitment period: 3 months or 6 months
  • Minimum amount: S$20,000
• Hong Leong Finance
  • Interest rate: 2.80% per annum
  • 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 October 2024

Warning: Prices are promotional and subject to change. For the latest rates, visit the respective bank websites

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