Wednesday, July 1, 2015

Singapore Fixed Deposit - Jul 2015

Seems like banks are competing for fixed deposits this Jul with the Singapore Savings Bond. I compile this out of personal interest as I am also doing some shopping for my soon-maturing FD.

Excludes priority/privilege promotions because I am a commoner. All fresh funds.

One Year
Hong Leong 1.6% p.a. 12 months 50k
Standard Chartered 1.5% p.a. 10 months, min 25k
UOB 1.5% p.a. 13 months, min 20k
CIMB 1.45% p.a. 12 months, 25k
Maybank 1.45% p.a. 12 months, 25k
OCBC 1.4% 12 months, min 20k


Two Years
CIMB 1.95% p.a. 24 months, min 25k
Hong Leong 1.8% p.a. 12 months 50k
Standard Chartered 1.75% p.a. 10 months, min 25k
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2 comments:

  1. SMKJuly 1, 2015 at 11:26 PM

    Looks good. Sg is way ahead of us rate hike.
    at this rate, what's the appeal in ssbs?

    ReplyDelete
    Replies
    1. little toy brushJuly 2, 2015 at 2:18 PM

      Probably just the $500 minimum and shorter than 12 months tenure.

      Delete

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