Posb Fixed Deposit Rate

Posb Fixed Deposit Rate 7,2/10 1280 votes
Rate

Save a fixed amount of money in Singapore Dollars and Foreign Currencies at a fixed interest rate. Important notice: In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque. Click here to find out more. POSB Wealth Management DBS Treasures DBS Treasures Private Client DBS Private Bank DBS Vickers Securities DBS Vickers Online Institutional Banking SME Banking Corporate Banking DBS Group About DBS Covid-19 and beyond; ATM & Branch; Help & Support.

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DBS/POSB Singapore Dollar (S$) Fixed Deposit Account gives you the opportunity to maximise your savings with attractive interest, while keeping your funds secure. Valid as of 4 June 2020.

Benefits

Posb Fixed Deposit Rate 2021

  • Affordability and Convenience: fixed deposit amount begin at S$1,000 with a deposit tenor of your choice, and you can begin a new placement via iBanking or at any of DBS/POSB branches
  • Added value: you may use your S$ Fixed Deposit as collateral for credit facilities (subject to credit approval) and may make a placement using cash.

Eligibility and Requirements

  • You are eligible for this account if you are at least 12 years old. For customers younger than 12 years, a trust minor account may be opened with a parent or legal guardian who is at least 21 years old.

Note: The maximum 1.30% p.a. only applies to 18 month deposits of up to a maximum of $49,999

Rates as of 8 May 2020

Period$1,000 – $9,999$10,000 – $19,999$20,000 – $49,999$50,000 – $99,999$100,000 – $249,999$250,000 – $499,999$500,000 – $999,999
1 mth0.05000.05000.05000.05000.05000.05000.0500
2 mths0.05000.05000.05000.05000.05000.05000.0500
3 mths0.15000.15000.15000.15000.15000.15000.1500
4 mths0.15000.15000.15000.15000.15000.15000.1500
5 mths0.15000.15000.15000.15000.15000.15000.1500
6 mths0.20000.20000.20000.20000.20000.20000.2000
7 mths0.40000.40000.40000.40000.40000.40000.4000
8 mths0.60000.60000.60000.60000.60000.60000.6000
9 mths0.95000.95000.95000.75000.75000.75000.7500
10 mths1.10001.10001.10000.75000.75000.75000.7500
11 mths1.10001.10001.10000.75000.75000.75000.7500
12 mths1.15001.15001.15000.75000.75000.75000.7500
18 mths1.30001.30001.30000.90000.90000.90000.9000
24 mths0.90000.90000.90000.90000.90000.90000.9000
36 mths0.85000.85000.85000.85000.85000.85000.8500
48 mths0.75000.75000.75000.75000.75000.75000.7500
60 mths0.75000.75000.75000.75000.75000.75000.7500

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Posb Fixed Deposit Rate Singapore

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