CIMB
Personal Banking online1.70%p.a.
Your S$20,000 earns ≈ S$340 in 12 months
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 quarters.
Fixed deposit rates, September 2026 — audited
Pick your amount and tenure and watch the market re-rank. We re-audited 24+ banks and finance companies from their official pages (research cut-off 1 September 2026) and split the market into honest lanes — because the highest headline is often not the best deposit. The September story: the market rose across the board — three banks now publish 2.00% for 6 months (Citibank’s is open to everyone from S$5,000), CIMB’s online 12-month 1.70% p.a. is the new best clean rate, and Bank of China pays 1.70% (6m) from just S$500 in-app. Not a single tracked rate fell this month.
What changed since August
- ▲ The market rose across the board for September — at least 13 of the 24 tracked positions moved up and NONE moved down. The 6-month tenure is the battleground: three banks now publish 2.00% (Citibank from S$5,000 for everyone; StanChart Priority Private; HSBC Premier Elite), and Bank of China pays 1.70% from just S$500 in-app.
- ▲ New best clean 12-month: CIMB online 1.70% (effective 1 Sep, min S$10k; Preferred tier 1.75%) — overtaking RHB, whose unchanged 1.65% branch rate led August. BOC's app pays 12-month 1.65% from S$500 (1.75% at S$200k).
- ▲ Standard Chartered returned after a month with NO promo — 28 Aug–30 Sep at Personal 1.70% / Priority 1.80% / Priority Private 2.00%, a 40bp jump over its July campaign. UOB's September promo is +10bp across the board (12m 1.40%), OCBC lifted 12/18-month to 1.40%, ICBC's counter 6-month to 1.60%, HL Bank to 1.60% (6m/9m).
- ▲ The finance companies joined the surge: Singapura Finance now 1.56% on 6/7/12 months (12-month is back), Sing Investments +20bp to 1.50–1.55% (3–18m), Bank of East Asia to 6m 1.55% / 12m 1.60%. GXS raised its 12-month Boost Pocket to 1.75% — above every clean 12-month FD (savings-pocket structure, S$95k cap).
- — Maybank held all three offers (standalone 1.45%, branch special 1.55%, bundle 1.65%/blended 1.50% — verified in a real browser 1 Sep after the site blocked automated checks). RHB (1 Aug sheet), SBI, HLF and DBS/POSB board rates are unchanged. BOC's new-to-bank 8m/11m campaign runs to 13 Sep at up to 1.78%.
- ▼ Nothing fell this month. MariBank's expired 2.88% new-user promo (ended 31 Jul) has no successor and its current FD rates are published in-app only, so it leaves the audited board.
Comparing history? The August 2026 snapshot stays up unchanged.
I want to place
for
show me
11 offers fit S$20,000 for 12 months — the best pays 1.70% ≈ S$340 interest
Bank of China
Mobile-app weekly rates1.65%p.a.
Your S$20,000 earns ≈ S$330 in 12 months
Clean FDVerify at placement
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-published WEEKLY — the in-app quote at placement is the binding rate.
RHB
Personal Banking1.65%p.a.
Your S$20,000 earns ≈ S$330 in 12 months
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 online (1.70%). Rates subject to change without notice.
Singapura Finance
Retail fresh-funds promo1.56%p.a.
Your S$20,000 earns ≈ S$312 in 12 months
Clean FDFresh funds
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; requires a savings account; premature withdrawal earns NO interest.
Maybank
Special time deposit (branch only)1.55%p.a.
Your S$20,000 earns ≈ S$310 in 12 months
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 — ask for both before placing. Individuals only.
Sing Investments & Finance
Online fresh funds1.55%p.a.
Your S$20,000 earns ≈ S$310 in 12 months
Clean FDFresh funds
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.
ICBC
Counter promo (S$20k)1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
Clean FDFresh funds
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 deal. Fresh funds (no intra-ICBC transfers).
Maybank
Standalone time deposit1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
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.
Hong Leong Finance
Standard promo1.45%p.a.
Your S$20,000 earns ≈ S$290 in 12 months
Clean FD
Unchanged from August. Rates shown are the ≥S$20,000 tier; online placement restricted to existing HLF customers.
OCBC
Online FD1.40%p.a.
Your S$20,000 earns ≈ S$280 in 12 months
Clean FDFresh funds
12- and 18-month raised to 1.40% (August: 1.30%). Early withdrawal may attract a fee and reduced or zero interest.
UOB
Public promo1.40%p.a.
Your S$20,000 earns ≈ S$280 in 12 months
Clean FDFresh funds
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. Zero interest on premature withdrawal.
The catches behind the big headlines
Snapshot verified 1 September 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.
FD rates move every month — we'll tell you when they do
We re-audit every bank's fixed deposit rates monthly. Leave your email and we'll send you the new best rates the moment we publish them — no spam, unsubscribe anytime.
🔒 We never sell or share your email. Free service, not financial advice.
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
Are you an adviser? This is the simple public version. Join AdvisorOS for the advanced calculators, AI-assisted client reviews and the full workspace behind these tools.
Quick answers
What is the best fixed deposit rate in Singapore in September 2026?The best clean standalone 12-month SGD rate for September 2026 is 1.70% p.a. at CIMB (online, min S$10,000, effective 1 September; CIMB Preferred customers get 1.75%). Bank of China's app pays 12-month 1.65% from just S$500 (1.75% at S$200k). For 6 months, Citibank pays a standout 2.00% for new and existing customers with fresh funds from S$5,000 (to 30 Sep), Bank of China 1.70% from S$500, and Standard Chartered 1.70% (Personal) to 2.00% (Priority Private).
Which banks raised fixed deposit rates in September 2026?Almost everyone: CIMB (+15bp, 12m to 1.70%), UOB (+10bp, 12m 1.40%), OCBC (12/18m to 1.40%), ICBC (counter 6m 1.60%), HL Bank (6/9m 1.60%), Standard Chartered (returned with a 1.70–2.00% 6-month promo), HSBC Premier Elite (6m 2.00%), Bank of China (6m 1.70% / 12m 1.65% weekly bulletin), Singapura Finance (1.56% across 6/7/12m), Sing Investments (+20bp), Bank of East Asia (12m 1.60%) and GXS (12m Boost Pocket 1.75%). No tracked rate fell.
Is Citibank's 2.00% fixed deposit real?Yes — and September's version is more accessible than August's. The 6-month 2.00% now applies to new AND existing customers with fresh funds from S$5,000 (through 30 September 2026); in August it required a new Citigold relationship. Standard Chartered's 2.00% still needs Priority Private status and HSBC's 2.00% needs Premier Elite. Always confirm the tier that applies to you at placement.
Are high fixed deposit headline rates like 8.08% real?Headline rates such as DBS 8.08%, Citi 3.00–3.50% or Maybank 1.65% are not clean SGD fixed deposits. They require foreign-currency deposits, investment or insurance purchases, or a lower-rate linked savings balance. Maybank itself publishes its 1.65% bundle's effective rate as 1.50% — below CIMB's clean 1.70%.
Is my fixed deposit protected in Singapore?SGD fixed deposits are covered by the Singapore Deposit Insurance Corporation (SDIC) up to S$100,000 per depositor per Scheme member, aggregated across your savings, current and fixed deposits at that institution. Finance-company deposits are covered where the company is a Scheme member; foreign-currency deposits are not covered.
Official sources
- DBS/POSB SGD fixed deposit rates
- OCBC fixed deposit account
- UOB SGD fixed deposit promotion
- Maybank SGD time deposit promotion
- CIMB SGD fixed deposit
- RHB fixed deposit campaign
- Standard Chartered SGD time deposit
- HSBC time deposit
- Citibank fixed deposit account
- Bank of China deposit promotion notices (weekly)
- ICBC SGD deposit promotion
- SBI Singapore promotions
- Singapura Finance FD promotion
- Sing Investments & Finance fixed deposits
- Hong Leong Finance FD promotions
- HL Bank FD promotion
- DBS Treasures deposits promo
- Bank of East Asia Singapore
- GXS savings account & Boost Pocket
- SDIC deposit insurance scheme
Rates are a point-in-time snapshot verified 1 September 2026 from official institution pages (Maybank and the Bank of China weekly bulletin re-verified manually in a browser the same day; the DBS/POSB board-rate table would not render at this check and is carried from 4 Aug with a verify flag); campaigns change weekly and some banks show the binding rate only in-app or at placement. Offers that could not be verified on an official page are 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.