SINGAPORE: Grow your savings this September by earning up to 3.30% interest with these top fixed deposit rates. MoneySmart says these banks offer some of the month’s best deals.

Sept 2024 Highest Fixed Deposit Rates

StashAway Simple Guaranteed
- Interest Rate: 3.30% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
Syfe Cash+ Guaranteed
- Interest Rate: 3.30% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
Maybank
- Interest Rate: 3.20% p.a.(online placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
Bank of China
- Interest Rate: 3.15% p.a. (via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
State Bank of India
- Interest Rate: 3.15% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$50,000
HSBC
- Interest Rate: 3.10% p.a.
- Commitment Period: 4 months
- Minimum Amount: S$200,000
ICBC
- Interest Rate: 3.15% p.a. (via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
Hong Leong Finance
- Interest Rate: 3.05% p.a.
- Commitment Period: 6 months or 7 months
- Minimum Amount: S$50,000
CIMB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
RHB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000

Sept 2024 Best fixed deposit rates by commitment period

3-Month commitment period:

StashAway Simple Guaranteed
- Interest Rate: 3.30% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
Syfe Cash+ Guaranteed
- Interest Rate: 3.30% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
Bank of China
- Interest Rate: 3.15% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 3.15% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
CIMB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 month
- Minimum Amount: S$10,000
RHB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$20,000
Citibank
- Interest Rate: 2.55% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$50,000

6-Month commitment period:

Syfe Cash+ Guaranteed
- Interest Rate: 3.00% p.a.
- Commitment Period: 6 months
- Minimum Amount: No minimum
StashAway Simple Guaranteed
- Interest Rate: 3.00% p.a.
- Commitment Period: 6 months
- Minimum Amount: No minimum
Bank of China
- Interest Rate: 2.85% p.a.(via mobile banking)
- Commitment Period: 6 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.85% p.a.(via e-banking)
- Commitment Period: 6 months
- Minimum Amount: S$500
CIMB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000
RHB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$20,000
Standard Chartered
- Interest Rate: 2.90 – 3.10% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$25,000
OCBC
- Interest Rate: 2.90% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
State Bank of India
- Interest Rate: 3.15% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$50,000

12-Month commitment period:

Syfe Cash+ Guaranteed
- Interest Rate: 2.65% p.a.
- Commitment Period: 12 months
- Minimum Amount: No minimum
StashAway Simple Guaranteed
- Interest Rate: 2.65% p.a.
- Commitment Period: 12 months
- Minimum Amount: No minimum
Bank of China
- Interest Rate: 2.75% p.a.(via mobile banking)
- Commitment Period: 12 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.75% p.a.(via e-banking)
- Commitment Period: 12 months
- Minimum Amount: S$500
CIMB
- Interest Rate: 2.65 – 2.70% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$10,000
RHB
- Interest Rate: 2.65 – 2.70% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$20,000
Maybank
- Interest Rate: 2.80% p.a.(online placement)
- Commitment Period: 12 months
- Minimum Amount: S$20,000
State Bank of India
- Interest Rate: 2.70% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$50,000

Sept 2024 Best fixed deposit rates by minimum deposit

Deposits $10,000 and under:

DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
Bank of China
- Interest Rate: 3.15% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 3.15% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
Hong Leong Finance
- Interest Rate: 3.00% p.a.
- Commitment Period: 6 months or 7 months
- Minimum Amount: S$5,000
CIMB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
UOB
- Interest Rate: 2.70% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000

Deposits $20,000–$49,999:

DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
Maybank
- Interest Rate: 3.20% p.a.(online placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
Bank of China
- Interest Rate: 3.15% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 3.15% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
HSBC
- Interest Rate: 3.10% p.a.
- Commitment Period: 4 months
- Minimum Amount: S$200,000
CIMB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
RHB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
Standard Chartered
- Interest Rate: 2.90 – 3.10% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$25,000
OCBC
- Interest Rate: 2.90% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000

Deposits $50,000 and above:

State Bank of India
- Interest Rate: 3.15% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$50,000
CIMB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
Citibank
- Interest Rate: 2.55% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$50,000
HSBC
- Interest Rate: 3.10% p.a.
- Commitment Period: 4 months
- Minimum Amount: S$200,000
Bank of China
- Interest Rate: 3.15% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 3.15% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
RHB
- Interest Rate: 2.95 – 3.00% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
Hong Leong Finance
- Interest Rate: 3.05% p.a.
- Commitment Period: 6 months or 7 months
- Minimum Amount: S$50,000

Disclaimer: Rates are promotional and subject to change. For the most current rates, visit the respective bank websites

Featured image by Depositphotos

CORRECTION NOTICE: An earlier post (dated 12 Dec 2024, that has since been deleted) communicated false statements of fact.

Earn up to 3.30% interest this Sept! Best fixed deposit rates in Singapore for Sept 2024

ByMary Alavanza

Sept 2024 Highest Fixed Deposit Rates

Sept 2024 Best fixed deposit rates by commitment period

3-Month commitment period:

6-Month commitment period:

12-Month commitment period:

Sept 2024 Best fixed deposit rates by minimum deposit

Deposits $10,000 and under:

Deposits $20,000–$49,999:

Deposits $50,000 and above:

ByMary Alavanza

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