SINGAPORE: Make the most of your savings before the year ends with this month’s best-fixed deposit interest rates. Here are some banks offering competitive rates in November 2024.

Nov 2024 Highest Fixed Deposit Rates

Maybank
- Interest Rate: 3.25% p.a.(branch placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
StashAway Simple Guaranteed
- Interest Rate: 3.10% p.a.
- Commitment Period: 1 month
- Minimum Amount: No minimum
Syfe Cash+ Guaranteed
- Interest Rate: 3.10% 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
Bank of China
- Interest Rate: 3.00% p.a. (via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
HSBC
- Interest Rate: 2.65% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$30,000
Hong Leong Finance
- Interest Rate: 2.80% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$50,000
CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
ICBC
- Interest Rate: 2.80% p.a. (via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
OCBC
- Interest Rate: 2.60% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
Standard Chartered
- Interest Rate: 2.55 – 2.75% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$25,000
UOB
- Interest Rate: 2.60% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000

Nov 2024 Best fixed deposit rates by commitment period

3-Month commitment period:

Syfe Cash+ Guaranteed
- Interest Rate: 3.10% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
StashAway Simple Guaranteed
- Interest Rate: 3.05% p.a.
- Commitment Period: 3 months
- Minimum Amount: No minimum
Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 month
- Minimum Amount: S$10,000
ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$20,000
Citibank
- Interest Rate: 2.40% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$50,000

6-Month commitment period:

Syfe Cash+ Guaranteed
- Interest Rate: 2.95% p.a.
- Commitment Period: 6 months
- Minimum Amount: No minimum
StashAway Simple Guaranteed
- Interest Rate: 2.95% p.a.
- Commitment Period: 6 months
- Minimum Amount: No minimum
Bank of China
- Interest Rate: 2.75% p.a.(via mobile banking)
- Commitment Period: 6 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.45% p.a.(via e-banking)
- Commitment Period: 6 months
- Minimum Amount: S$500
CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000
Maybank
- Interest Rate: 3.25% p.a.(branch placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$20,000
OCBC
- Interest Rate: 2.60% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
State Bank of India
- Interest Rate: 2.90% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$50,000

12-Month commitment period:

DBS
- Interest Rate: 3.20% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$1,000
Syfe Cash+ Guaranteed
- Interest Rate: 2.80% p.a.
- Commitment Period: 12 months
- Minimum Amount: No minimum
StashAway Simple Guaranteed
- Interest Rate: 2.80% p.a.
- Commitment Period: 12 months
- Minimum Amount: No minimum
Bank of China
- Interest Rate: 2.50% p.a.(via mobile banking)
- Commitment Period: 12 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.30% p.a.(via e-banking)
- Commitment Period: 12 months
- Minimum Amount: S$500
CIMB
- Interest Rate: 2.55 – 2.60% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$10,000
Maybank
- Interest Rate: 2.95% p.a.(branch placement)
- Commitment Period: 12 months
- Minimum Amount: S$20,000
RHB
- Interest Rate: 2.60 – 2.65% p.a.
- Commitment Period: 12 months
- Minimum Amount: S$20,000
OCBC
- Interest Rate: 2.50% p.a.(internet banking)
- Commitment Period: 12 months
- Minimum Amount: S$30,000

Nov 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: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
Hong Leong Finance
- Interest Rate: 2.70% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$5,000
CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
UOB
- Interest Rate: 2.60% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$10,000

Deposits $20,000–$49,999:

Maybank
- Interest Rate: 3.25% p.a.(branch placement)
- Commitment Period: 6 months
- Minimum Amount: S$20,000
Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
HSBC
- Interest Rate: 2.65% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$30,000
CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
Standard Chartered
- Interest Rate: 2.55 – 2.75% p.a.
- Commitment Period: 6 months
- Minimum Amount: S$25,000
OCBC
- Interest Rate: 2.60% p.a.(internet banking)
- Commitment Period: 6 months
- Minimum Amount: S$30,000
Hong Leong Finance
- Interest Rate: 2.75% p.a.
- Commitment Period: 7 months or 8 months
- Minimum Amount: S$20,000

Deposits $50,000 and above:

CIMB
- Interest Rate: 2.75 – 2.80% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$10,000
Citibank
- Interest Rate: 2.40% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$50,000
HSBC
- Interest Rate: 2.65% p.a.
- Commitment Period: 3 months
- Minimum Amount: S$30,000
Bank of China
- Interest Rate: 3.00% p.a.(via mobile banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
ICBC
- Interest Rate: 2.80% p.a.(via e-banking)
- Commitment Period: 3 months
- Minimum Amount: S$500
RHB
- Interest Rate: 2.85 – 2.90% p.a.
- Commitment Period: 3 months or 6 months
- Minimum Amount: S$20,000
Hong Leong Finance
- Interest Rate: 2.80% p.a.
- Commitment Period: 7 months or 8 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

Best fixed deposit rates in Singapore for Nov 2024: Earn up to 3.25% interest!

ByMary Alavanza

Nov 2024 Highest Fixed Deposit Rates

Nov 2024 Best fixed deposit rates by commitment period

3-Month commitment period:

6-Month commitment period:

12-Month commitment period:

Nov 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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