Every September FD promo, ranked top to bottom

The deposit market rose across the board on 1 September — 13+ of the 24 offers we track moved up and not one fell. Three banks now pay 2.00% for 6 months, but only one of them will take your money without a private-banking relationship. Below: every publicly verifiable SGD fixed deposit promo, ranked by its best verified rate, with the minimum, the window, the catch, and the official bank link — audited 1 September 2026from the banks’ own pages.

By MoneyAtlas Research · Verified 1 Sept 2026 · How we verify & rank

Last verified 1 Sept 2026 · 8 official sources · September 2026 FD market audit

Last verified1 Sept 2026

Data versionSeptember 2026 FD market audit

Verified sources8 of 8

Every rate verified on the institution's official page on the audit date (Maybank and Bank of China re-checked in a real browser). Rates change without notice — the binding rate is the bank's quote at placement. Education, not a recommendation to place deposits.

Spotted a figure that looks wrong or out of date? Report a data error— we’ll check it and correct it openly.

The podium — three ways to win this month

Best rate anyone can get: Citibank 2.00% (6m)Open to new AND existing customers with fresh funds from S$5,000, through 30 Sep — in August this needed a new Citigold relationship. Citibank’s official page.

Best clean 12-month: CIMB 1.70%Online, min S$10k, effective 1 Sep — the new market leader after RHB held at 1.65%. Official page.

Best low minimum: GXS 1.75%From just None in the mobile app (12-month) — the sheet re-issues weekly, so the in-app quote is binding. Official bulletin.

Three audits, one direction — the rate trend

The best cleanrate — no relationship, no bundle, no new-customer gate — in each of our monthly audits. July’s market wobbled, August repriced upward, September accelerated: the 6-month leader jumped to 2.00% when Citibank opened its promo to everyone.

Best clean 12-month FDBest clean 6-month FD

Best clean rate	Jul 2026	Aug 2026	Sep 2026
Best clean 12-month FD	1.55%	1.65%	1.70%
Best clean 6-month FD	1.50%	1.60%	2.00%

September’s 6-month figure is Citibank’s 2.00% promo (fresh funds from S$5,000, to 30 Sep); the 12-month line is Singapura Finance → RHB → CIMB. Each point is that month’s audited snapshot — July, August, September.

The full ranking — all offers, best rate first

Ranked by each offer’s highest verified rate at any tenure. Lane labels matter: a premier rate needs a relationship (often S$200k+), a bundle rate hides a lower blended return, and new customer offers are one-time. Clean offers are the ones to benchmark everything else against.

#	Institution & offer	Best rate	Min	Lane	The catch (short)	Official link
1	Citibank Investment bundle	3.00% (2m)	S$25k	Wealth bundle	Unchanged tiers: 3.00% for Citigold, 3.50% for Citigold Private Client (fresh funds; existing funds get just 1.40%). FD sized at 2× the investment … Verify at placement.	Citibank ↗
2	Citibank 6-month promo (all customers)	2.00% (6m)	S$5k	Clean FD	The standout 6-month 2.00% is no longer new-to-Citigold-only — the September page opens it to new AND existing customers with fresh funds from S$5,… Verify at placement.	Citibank ↗
3	Standard Chartered Priority Private	2.00% (6m)	S$25k	Premier / high AUM	The market's joint-highest published rate: 6-month 2.00% for Priority Private (Priority 1.80%, Personal 1.70% — see clean lane). Fresh funds required.	Standard Chartered ↗
4	HSBC Premier Elite	2.00% (6m)	S$30k	Premier / high AUM	Premier Elite 6-month jumped to 2.00% (from 1.60%). Plain Premier gets 6m 1.80% (no wealth condition; 9m/12m better WITH wealth/FX holdings); Perso…	HSBC ↗
5	Bank of China New-to-bank offer	1.78% (8m)	S$10k	New customer	1.78% only at S$200k–S$250k (1.55% at S$10k–S$200k); must open a BOC Multi-Currency Savings Account. Window closes 13 September.	Bank of China ↗
6	GXS Boost Pocket (12m)	1.75% (12m)	None	Fixed-term alternative	12-month Boost Pocket raised to 1.75% (0.88% base + 0.87% maturity bonus) — a savings-account pocket, not a bank FD, but now above every clean 12-m…	GXS ↗
7	CIMB Preferred Banking	1.75% (9m)	S$10k	Premier / high AUM	Raised on 1 Sep (9m/12m 1.60→1.75%) — this is the 'up to 1.75%' in CIMB's banner. Preferred relationship required.	CIMB ↗
8	RHB Premier Banking	1.75% (12m)	S$20k	Premier / high AUM	Unchanged for September. Premier relationship (S$200k total relationship balance) required.	RHB ↗
9	Bank of China Mobile-app weekly rates	1.70% (6m)	S$500	Clean FD	The best low-minimum rates in the market: 6-month 1.70% and 12-month 1.65% from just S$500 (all of 6/9/12m pay 1.75% at ≥S$200k). The sheet is re-p… Verify at placement.	Bank of China ↗
10	CIMB Personal Banking online	1.70% (9m)	S$10k	Clean FD	September's best clean 12-month rate you can get online: 1.70% (9m too), up from 1.55% in August. Early termination pays only completed interest qu…	CIMB ↗
11	Standard Chartered 6-month time deposit	1.70% (6m)	S$25k	Clean FD	StanChart is BACK after a month with no promo — and 40bp above its July campaign: Personal 1.70%, Priority 1.80%, Priority Private 2.00% (see premi…	Standard Chartered ↗
12	RHB Personal Banking	1.65% (12m)	S$20k	Clean FD	August's market leader held its rates while the market moved up — branch 12-month 1.65% is now matched by BOC's app (from S$500) and beaten by CIMB…	RHB ↗
13	Maybank FD + savings bundle	1.65% (12m)	S$20k	Savings bundle	Requires 10% of the FD amount earmarked in a Maybank savings/current account (at ~0.05%) for the full tenure. Fresh funds into the linked account r…	Maybank ↗
14	Bank of East Asia Homepage promo	1.60% (12m)	None	Board rate	Rates verified on the official homepage but the minimum deposit and detailed T&Cs are not public — confirm with the bank. Verify at placement.	Bank of East Asia ↗
15	HL Bank Online FD promo	1.60% (6m)	S$10k	Clean FD	Raised again: 6m and 9m now both 1.60% (was 1.55/1.50). Still no 12-month rate published. Confirm the fresh-funds condition in the T&Cs at placement. Verify at placement.	HL Bank ↗
16	ICBC Counter promo (S$20k)	1.60% (6m)	S$20k	Clean FD	Counter 6-month raised to 1.60% (from 1.50%). E-banking from S$500 pays far less (6m 1.30%, 9m 1.10%, 12m 1.15%) — the S$500 route is not the same …	ICBC ↗
17	Singapura Finance Retail fresh-funds promo	1.56% (6m)	S$20k	Clean FD	A strong across-the-board 1.56% (6/7/12 months) replaces July's short-tenure promo — and brings back a 12-month option. Minimum raised to S$20,000;…	Singapura Finance ↗
18	Sing Investments & Finance Online fresh funds	1.55% (6m)	S$1k	Clean FD	Big upward revision (+20bp): 3–18 months now 1.50–1.55%. Rates shown are the ≥S$10,000 tier; the S$1,000 tier pays 0.05% less.	Sing Investments & Finance ↗
19	Maybank Special time deposit (branch only)	1.55% (6m)	S$20k	Clean FD	Branch-only special above the standalone rates (6m/12m 1.55% vs 1.45%). Subject to a notice period for early withdrawals AND early-withdrawal fees …	Maybank ↗
20	Hong Leong Finance Special digital promo	1.50% (4m)	S$10k	Clean FD	Unchanged: 4/5-month 1.50% for HLF Digital users, fresh funds. The online special also gained a sub-S$20k tier (6m 1.30 / 9m 1.35 / 12m 1.40 at S$5…	Hong Leong Finance ↗
21	SBI Singapore Retail promo	1.50% (6m)	S$50k	Clean FD	Unchanged. Fresh funds or renewals; capped below S$1m per individual. Premature withdrawal drops to board rate for completed quarters.	SBI Singapore ↗
22	Hong Leong Finance Standard promo	1.45% (12m)	S$5k	Clean FD	Unchanged from August. Rates shown are the ≥S$20,000 tier; online placement restricted to existing HLF customers.	Hong Leong Finance ↗
23	Maybank Standalone time deposit	1.45% (6m)	S$20k	Clean FD	Unchanged from August (6m/12m 1.45%). Don't confuse with the 1.65% bundle — that needs earmarked savings. 9-month is open to non-individuals too.	Maybank ↗
24	UOB Public promo	1.40% (12m)	S$10k	Clean FD	September promo is +10bp across the board vs August (12m 1.30→1.40%). Extra +0.05% only for customers already holding eligible wealth products. Zer…	UOB ↗
25	OCBC Online FD	1.40% (12m)	S$20k	Clean FD	12- and 18-month raised to 1.40% (August: 1.30%). Early withdrawal may attract a fee and reduced or zero interest.	OCBC ↗
26	HSBC Personal banking	1.05% (3m)	S$30k	Clean FD	Personal-tier rates unchanged and far below the market leaders; the strong HSBC rates need Premier/Premier Elite status (premier lane — 6-month up …	HSBC ↗
27	DBS/POSB Board FD	1.00% (12m)	S$1k	Board rate	1.00% (8–12m) only while your TOTAL DBS FD balance is under S$20,000 — at S$20,000+ most tenures pay just 0.05%. More money can mean a lower rate. Verify at placement.	DBS/POSB ↗

Want it interactive? The full September FD audit re-ranks the whole market for your amount and tenure, with every catch in full.

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Read the ranking like an adviser — the five catches

Citi 6-month 2.00% — Now genuinely open — but confirm the fine print. September's page opens the 2.00% to new AND existing customers with fresh funds from S$5,000 — in August it needed a new Citigold relationship. That makes it the highest published 6-month rate anyone can reach. It is still a promo window (to 30 Sep) on fresh funds; confirm at placement that no relationship tier applies to your case.
Three banks at 2.00% — Only one of them is open to everyone. StanChart's 2.00% needs Priority Private status (Personal gets 1.70%), HSBC's 2.00% needs Premier Elite. Citibank's 2.00% is the one published for ordinary customers from S$5,000 — the other two are relationship rates.
BOC 1.70% from S$500 — Genuine — but re-priced every week. Bank of China's mobile-app bulletin (31 Aug–6 Sep) pays 6-month 1.70% and 12-month 1.65% from just S$500 — the market's best low-minimum rates. The sheet is re-published WEEKLY; the in-app quote at placement is the only binding rate.
Maybank 1.65% — Maybank's own blended figure: 1.50%. Every S$10,000 of the bundle FD requires S$1,000 earmarked in a savings account earning ~0.05%, locked for the full tenure. Maybank itself publishes the effective rate: 1.50% on 12 months — now well below CIMB's clean 1.70% online.
Citi up to 3.50% — The sales charge can exceed the FD gain. The two-month investment-bundle rate stays tiered: 3.00% for Citigold, 3.50% only for Citigold Private Client; existing funds earn just 1.40%. It needs qualifying investments whose sales charges can exceed the extra FD interest, and market risk stays with you.
DBS 8.08% — USD deposit + wealth purchase, closed club. A two-month US-dollar FD requiring an investment or insurance purchase with fresh funds — restricted to Treasures clients who joined before 1 July 2026. FX risk applies and foreign-currency deposits are not covered by SGD deposit insurance. Not an SGD FD at all.

The one-line takeaway: for 6-month money, Citibank’s open-to-everyone 2.00% is the September rate to beat (mind the fresh-funds condition and the 30 Sep window); for 12-month money it’s CIMB’s 1.70% online — or BOC’s 1.65% if you’re starting from S$500. Before locking anything, check the current T-bill cut-off and the SSB ladder — government paper beats several rows of this table with no promo window at all, and the right savings account may pay comparably with no lock-in.

Quick answers

What is the best fixed deposit promotion in Singapore in September 2026?Ranked by headline rate: Citibank pays 2.00% p.a. for 6 months — and unlike August, September's offer is open to new AND existing customers with fresh funds from S$5,000 (through 30 September). Standard Chartered (2.00%) and HSBC (2.00%) match it but only for Priority Private and Premier Elite clients respectively. For 12-month money, CIMB's online 1.70% (min S$10,000, effective 1 September) is the best clean rate, and Bank of China's app pays 1.65% from just S$500.

Which fixed deposit has the lowest minimum deposit?Bank of China's mobile-app promotion runs from just S$500 and currently pays the market's best low-minimum rates: 1.70% for 6 months and 1.65% for 12 months (bulletin effective 31 August–6 September; the sheet is re-issued weekly, so the in-app quote at placement is the binding rate). GXS's Boost Pocket has no stated minimum and pays 1.75% on a 12-month lock, though it is a savings-account pocket rather than a bank FD.

How is this ranking ordered?By each offer's highest published rate at any tenure, verified on the institution's official page on 1 September 2026 — with minimum deposit as the tie-breaker. We separate clean offers from new-customer, premier-relationship and bundle offers, because a 2.00% rate behind a S$250,000 relationship is not the same product as a 1.70% rate anyone can place online. The catch column is part of the ranking, not a footnote.

Do fixed deposit promotions require fresh funds?Many do. 'Fresh funds' means money not already held at that bank — typically transferred in from another bank, and internal transfers don't qualify. In September's table, Citibank, StanChart, HSBC, UOB, OCBC, ICBC and most finance-company promos require fresh funds; CIMB, RHB and Maybank's standalone rates do not. Each row's catch notes the condition.

Are these promotional rates guaranteed until month-end?No. Some publish explicit windows (UOB 1–30 Sep, StanChart 28 Aug–30 Sep, Citibank and HSBC to 30 Sep, BOC new-to-bank to 13 Sep), but banks can and do reprice mid-month — Bank of China re-issues its sheet weekly. The binding rate is always the bank's quote at placement. We re-audit monthly and flag offers whose windows lapsed without a successor.

Is my fixed deposit protected by deposit insurance?SGD deposits at SDIC Scheme members — including the finance companies in this ranking (Hong Leong Finance, Singapura Finance, Sing Investments) — are insured up to S$100,000 per depositor per institution, aggregated across your accounts there. Foreign-currency deposits are not covered, which is one reason USD 'FD' bundles are excluded from this ranking.

Official sources — every bank in this ranking

Rates are a point-in-time snapshot verified 1 September 2026from official institution pages (Maybank and the Bank of China weekly bulletin re-verified manually in a browser; DBS/POSB board rates carried from 4 Aug with a verify flag). Promotional windows close and rates change without notice — the binding rate is the bank’s quote at placement, and offers we could not verify on an official page are excluded. This ranking is market research for education and comparison — not financial advice, a recommendation, or an invitation to place deposits. Deposit insurance: S$100,000 per depositor per SDIC Scheme member.