A fixed deposit account acts both as an investment as well as a savings account. In a fixed deposit, you can deposit a certain amount of money and earn a specific rate of interest towards the end of the tenure. A fixed deposit can earn you more savings in comparison to a savings account. In a fixed deposit, you also receive the interest you earned.

The rate of interest on your fixed deposit depends on factors like deposit amount, tenure and the bank you want to opt for. When you choose a longer deposit term, the interest rate you get to earn is higher. When your fixed deposit matures, you can withdraw your funds without any penalties.

## Interest Rates on a 1 Year Singapore Dollar Time Deposit:

- Maybank:
- 0.70% p.a. is the rate of interest applicable on Singapore Dollar time deposits that range between S$ 1,000 and S$249,999.
- 0.75% p.a. is the rate of interest applicable on Singapore Dollar time deposits that range between S$250,000 and S$999,999.
- CIMB Bank (Board rates per annum)
- 0.70% p.a. is the rate of interest applicable on Singapore Dollar time deposits that range between S$1,000 and S$ 99,999.
- 0.75% p.a. is the rate of interest applicable on Singapore Dollar time deposits of S$100,000 and above.
- Standard Chartered Bank
- 0.35% p.a. is the rate of interest applicable on Singapore Dollar time deposits that range from S$20,000 to S$500,000 and above.
- DBS Bank
- 0.35% p.a. is the rate of interest applicable on Singapore Dollar time deposits made between S$1,000 and S$999,000.
- OCBC Bank
- 0.25% p.a. is the rate of interest applicable on Singapore Dollar time deposits made between S$5,000 and S$999,999.
- HSBC Bank
- 0.25% p.a. is the rate of interest applicable on Singapore Dollar time deposits that range from S$5,000 to S$1,000,000 and above.
- UOB Bank
- 0.25% p.a. is the rate of interest applicable on Singapore Dollar time deposits that range between below S$50,000 and S$999,999.
- Citibank
- 0.10% p.a. is the rate of interest applicable on Singapore Dollar time deposits made between S$10,000 and S$3,000,000.

## Interest Rates on a 1-Year Foreign Currency Time Deposit:

### DBS Bank FD Rates

Interest rate as on 26 April 2018:

Amount | USD | GBP | AUD | CAD | NZD | CNH | HKD |

< 10,000 | 1.94 % p.a. | - | - | - | - | - | - |

< 25,000 | 1.94 % p.a. | 0.255% p.a. | 1.035% p.a. | 1.135% p.a. | 1.425% p.a. | - | - |

< 50,000 | 1.94 % p.a. | 0.255% p.a. | 1.055% | 1.290% p.a. | 1.600% p.a. | - | - |

< 100,000 | 2.095% p.a. | 0.335% p.a. | 1.135% p.a. | 1.335% p.a. | 1.630% p.a. | - | - |

< 250,000 | 2.095% p.a. | 0.245% p.a. | 1.415% p.a. | 1.470% p.a. | 1.715% p.a. | 1.3050% p.a. | - |

< 500,000 | - | - | - | - | - | - | 1.400% p.a. |

<= 500,000 | 2.095% p.a. | 0.735% p.a. | 1.505% p.a. | 1.640% p.a. | 1.8550% p.a. | 1.400% p.a. | |

< 1 million | 1.3050% p.a. | ||||||

< 2.5 million | 1.3550% p.a. | - | |||||

< 5 million | 1.4200% p.a. | ||||||

<=5 million |

### HSBC Bank FD Rates

Interest rate as on 26 April 2018 for Personal Banking customers:

Amount | USD | GBP | AUD | CAD | NZD | CNY | HKD |

25,000 to 49,999 | 1.46% p.a. | 0.00% p.a. | 0.49% p.a. | 0.81% p.a. | 0.59% p.a. | - | - |

50,000 to 99,999 | 1.76% p.a. | 0.00% p.a. | 0.79% p.a. | 1.21% p.a. | 0.99% p.a. | - | - |

100,000 to 249,999 | 1.91% p.a. | 0.12% p.a. | 0.99% p.a. | 1.36% p.a. | 1.19% p.a. | - | - |

250,000 to 499,999 | 2.01% p.a. | 0.32% p.a. | 1.29% p.a. | 1.41% p.a. | 1.29% p.a. | - | - |

500,000 to 999,999 | 2.06% p.a. | 0.37% p.a. | 1.34% p.a. | 1.51% p.a. | 1.39% p.a. | - | - |

1 million and above | 2.16% p.a. | 0.42% p.a. | 1.39% p.a. | 1.61% p.a. | 1.49% p.a. | - | |

100,000 to 999,999 | 1.08% p.a. | ||||||

250,000 to 10 million and above | 1.64% p.a. | ||||||

350,000 to 999,999 | 1.64% p.a. | ||||||

1 million to 4,999,999 | 1.64% p.a. | 1.20% p.a. | |||||

5 million to 9,999,999 | 1.64% p.a. | 1.33% p.a. | |||||

10 million and above | 1.64% p.a. | 1.53% p.a. |

### CIMB Bank FD Rates

Interest rate as on 26 April 2018:

Amount | USD | GBP | AUD | CAD | NZD | RENMINBI (OFFSHORE) |

10,000 | 2.36% p.a. | 0.7575% p.a. | 2.1175% p.a. | 1.6750% p.a. | 2.3375% p.a. | 3.6475% p.a. |

50,000 | 2.49% p.a. | 0.8825% p.a. | 2.2425% p.a. | 1.8000% p.a. | 2.4625% p.a. | 3.7725% p.a. |

100,000 | 2.61% p.a. | 1.0075% p.a. | 2.3675% p.a. | 1.9250% p.a. | 2.5875% p.a. | 3.8975% p.a. |

250,000 | 2.80% p.a. | 1.195% p.a. | 2.5550% p.a. | 2.0500% p.a. | 2.7750% p.a. | 4.0850% p.a. |

### Standard Chartered Bank FD Rates

Interest rate as on 26 April 2018:

Amount | USD | GBP | AUD | CAD | NZD | CNH | HKD |

5,000 to 24,999 | 1.922% p.a. | 0.3000% p.a. | 1.286% p.a. | - | 1.4470% p.a. | - | - |

25,000 to 49,999 | 1.922% p.a. | 0.3000% p.a. | 1.286% p.a. | 1.4720% p.a. | 1.4470% p.a. | 3.3500% p.a. | 1.3375% p.a. |

50,000 to 99,999 | 1.922% p.a. | 0.3000% p.a. | 1.486% p.a. | 1.4720% p.a. | 1.6470% p.a. | 3.4000% p.a. | 1.4625% p.a. |

100,000 to 249,999 | 2.122% p.a. | 0.4270% p.a. | 1.586% p.a. | 1.5220% p.a. | 1.7470% p.a. | 3.4500% p.a. | 1.5875% p.a. |

250,000 to 4,99,999 | 2.222% p.a. | 0.527% p.a. | 1.786% p.a. | 1.5720% p.a. | 1.9470% p.a. | 3.5000% p.a. | 1.7125% p.a. |

500,000 and above | 2.272% p.a. | 0.577% p.a. | 1.986% p.a. | 1.6220% p.a. | 2.1470% p.a. | 3.7500% p.a. | 1.7750% p.a. |

### OCBC Bank FD Rates

Interest rate as on 26 April 2018:

Amount | USD | AUD | CAD | CNH |

First S$ 49,999 | 1.57% p.a. | 0.39%p.a. | 0.84% p.a. | |

S$ 50,000 to S$ 99,999 | 1.68% p.a. | 0.65% p.a. | 0.93% p.a. | |

S$ 100,000 to S$ 249,999 | 1.79% p.a. | 0.92% p.a. | 1.02% p.a. | |

S$ 250,000 to S$ 499,999 | 1.90% p.a. | 1.18% p.a. | 1.11% p.a. | |

S$500,000 and above | 2.01% p.a. | 1.45% p.a. | 1.20% p.a. | |

First 249,999 | 0.89% p.a. | |||

250,000 to 499,999 | 1.08% p.a. | |||

500,000 to 999,999 | 1.15% p.a. | |||

1,000,000 to 2,499,999 | 1.22% p.a. | |||

Above 2,500,000 | 1.29% p.a. |

### UOB Bank FD Rates

Interest rate as on 26 April 2018:

Amount | USD | AUD | NZD | CNY |

Below 50,000 | 1.89% p.a. | 0.66% p.a. | 0.83% p.a. | |

50,000 to 99,999 | 1.99% p.a. | 1.06% p.a. | 1.23% p.a. | |

100,000 to 249,999 | 2.19% p.a. | 1.26% p.a. | 1.43% p.a. | |

250,000 to 499,999 | 2.19% p.a. | 1.66% p.a. | 1.83% p.a. | 1.2000% |

500,000 to 999,999 | 1.2000% | |||

1,000,000 to 2,499,999 | 1.2500% | |||

2,500,000 to 4,999,999 | 1.3500% | |||

5,000,000 - 9,999,999,999 | 1.4500% |

NOTE: The interest rates are subject to change without any prior notice. Please consider checking with the bank the in-time interest rates before you invest.