SINGAPORE: Looking to grow your extra money this month? You can now earn up to 2.45% interest with minimum deposits starting from just S$500. Here are several banks offering the best fixed deposit rates in Singapore in July 2025.
| Bank / Platform | 3 Months (interest rate p.a) | 6 Months (interest rate p.a) | 12 Months (interest rate p.a) | Other commitment period with high rates | Minimum Deposit | Additional Information |
| Syfe Cash+ Guaranteed | 1.85% | 1.75% | 1.65% | 1.70% (1 month) | No minimum deposit | – |
| StashAway Simple | 1.85% | 1.80% | 1.70% | 1.80% (1 month) | No minimum deposit | – |
| ICBC | 1.85% | 1.80% | 1.80% | 1.80% (1 month) | S$500 | via e-banking |
| Bank of China | 1.86% | 1.80% | 1.65% | 1.85% (2 months) | S$500 | new placement |
| DBS | 1% | 2.15% | 2.45% | 2.40% (10 months) | S$1,000 | – |
| State Bank of India | 1.75% | 1.75% | 1.60%% | 1.75% (9 months) | S$5,000 to S$1 million | board rates only, currently no promotional fixed deposits |
| CIMB | 1.75% | 1.65% | 1.45% | 1.45% (9 months) | S$10,000 | personal banking |
| UOB | – | 1.75% | – | 1.60% (10 months) | S$10,000 | – |
| Citibank | 1.80% | 1.80% | – | – | S$10,000 to S$5 million | new-to-bank and existing clients with Citi Priority, Citibanking or Citi Plus relationship |
| Maybank | – | 1.90% | 2.05% | 2.00% (9 months) | S$20,000 | online placement (deposit bundle promotion) via Maybank2u Online Banking, Maybank2u SG app or in branch, T&Cs apply |
| Hong Leong Finance | – | – | – | 1.83% (9 months) | S$20,000 | online fixed deposit special |
| RHB | 1.80% | 1.80% | 1.60% | – | S$20,000 | personal banking |
| Standard Chartered | – | 1.45% – 1.50% | – | – | S$25,000 | – |
| OCBC | – | – | 1.45% | 1.50% (9 months) | S$30,000 | internet banking |
| HSBC | 1.05% | 1.05% | 0.90% | 1.15% (1 month) | S$30,000 | personal banking |
/TISG
Disclaimer: Rates are promotional and subject to change. For the most current rates, visit the respective bank websites
Featured image by Depositphotos (for illustration purposes only)
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