MoneyAtlas
For advisersAdviser login
Savings · SGD fixed deposits

Fixed deposit rates, July 2026 — audited

Pick your amount and tenure and watch the market re-rank. We audited 25+ banks and finance companies from their official pages (research cut-off 14 July 2026) and split the market into honest lanes — because the highest headline is often not the best deposit: many big numbers hide savings earmarks, investment purchases, new-customer quotas or one-month windows.

I want to place
for
show me

9 offers fit S$20,000 for 12 months — the best pays 1.55% ≈ S$310 interest

Best clean rate

Singapura Finance

Retail fresh-funds promo
1.55%p.a.
Your S$20,000 earns ≈ S$310 in 12 months
Clean FDFresh fundsVerify at placement
Minimum
S$20,000
Channel
Counter (7 customer centres)
Validity
Promo window reported ending 14 Jul — confirm before travelling

Requires a S$200 savings account; premature withdrawal earns NO interest.

ICBC

E-banking promo (top tier)
1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
Clean FD
Minimum
S$500
Channel
Online (S$500 min) / counter (S$20k min)
Validity
Effective 1 Jul

Top 1.45% tier needs S$20,000 — at S$500 you get 1.15–1.30% depending on tenure.

CIMB

Personal Banking online
1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
Clean FD
Minimum
S$10,000
Channel
Online
Validity
1–31 Jul

Early termination pays only completed interest quarters.

RHB

Personal Banking
1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
Clean FD
Minimum
S$20,000
Channel
Mobile app
Validity
From 25 Jun until changed

Campaign eligibility applies to new placements and renewals.

Maybank

Standalone time deposit
1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
Clean FD
Minimum
S$20,000
Channel
Branch / online
Validity
From 10 Jul

Don't confuse with the 1.65% bundle — that needs earmarked savings. Withdrawal at ≤3 months earns no interest.

Hong Leong Finance

Branch/online promo
1.35%p.a.
Your S$20,000 earns ≈ S$270 in 12 months
Clean FD
Minimum
S$5,000
Channel
Online / branch
Validity
From 16 Jun until changed

Better tiers from S$20,000; eligible renewals included.

Sing Investments & Finance

Online fresh funds
1.33%p.a.
Your S$20,000 earns ≈ S$266 in 12 months
Clean FDFresh funds
Minimum
S$1,000
Channel
Online
Validity
Current

Rate depends on amount and channel tiers.

UOB

Public promo
1.30%p.a.
Your S$20,000 earns ≈ S$260 in 12 months
Clean FDFresh funds
Minimum
S$10,000
Channel
Online
Validity
1–31 Jul

Extra +0.05% only for customers already holding eligible wealth products (1.35% for 12m).

OCBC

Online FD
1.20%p.a.
Your S$20,000 earns ≈ S$240 in 12 months
Clean FD
Minimum
S$20,000
Channel
Online (branch max S$5m)
Validity
1–31 Jul

Early withdrawal may attract a fee and reduced or zero interest. The separate 88-day savings promo is NOT an FD.

The catches behind the big headlines

Snapshot verified 14 July 2026. Rates change without notice — the rate confirmed in the bank’s app, branch or placement confirmation is the one that binds. Interest figures are simple approximations; banks’ day-count conventions differ.

Deposit insurance in one minute

  • S$100,000 per depositor per bank — combined across savings, current and fixed deposits at that institution, not per account.
  • Finance-company deposits (Singapura Finance, Hong Leong Finance, Sing Investments) are covered under the same SDIC scheme where the company is a Scheme member.
  • Foreign-currency deposits and investment products are not covered.
  • Holding more than S$100,000 at one bank can still be reasonable — but the excess is an unsecured exposure, so make it a conscious choice.

Deciding between an FD, SSB, T-bill or insurance savings plan?

A licensed adviser can help you:

  • Weigh fixed deposits against Singapore Savings Bonds and T-bills at your exact amount and horizon
  • Judge bundle offers honestly — whether the linked insurance or investment stands on its own
  • Structure cash so deposit insurance actually covers you
Speak to an adviser →

Official sources

Rates are a point-in-time snapshot verified 14 July 2026from official institution pages; campaigns change weekly and some banks show the binding rate only in-app or at placement. Offers that could not be fully verified are flagged “verify at placement” or excluded. This is market research for education and comparison — not a recommendation or an invitation to place deposits. Confirm the live rate and terms with the institution before placing funds.