Fixed Deposit Promotion
Deposit SGD$5,000 fresh funds into an iSavings account, apply for a debit card and make 3 transactions to enjoy the promotional interest rate (p.a.) below:
12 months | 24 months |
|---|---|
0.75% for new-to-bank customers / 0.70% for existing customers | 0.85% for new-to-bank customers / 0.80% for existing customers |
Or place a 6-month fixed deposit at 0.50% p.a.* via this link.
Promotion period: Now to 28 February 2022
Contact us: 6349 8330
*Minimum SGD50,000 Fixed Deposit and other Terms and Conditions Apply
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to SGD$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Attractive Interest Rates
Enjoy higher interest rates on your long term savings.
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Flexible Choice of Tenor
A choice of tenor from 1 to 24 months.
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Easy to Open
Get started with a minimum placement of S$50,000.
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Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporate, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
| Tenor | Board Rates % (p.a.) |
|---|---|
| 1 MONTH | 0.100000 |
| 3 MONTHS | 0.200000 |
| 6 MONTHS | 0.300000 |
| 12 MONTHS | 0.400000 |
Requirements:
A minimum deposit of S$50,000 for at least one month 21 years and above Applicable to individuals and non-individuals including societies and small businesses (sole proprietors, partnerships, clubs and associations)
Applicable to Singapore citizens, permanent residents or foreigners with valid documentation
Note: Account opening is subject to Bank's approval
Where a fixed deposit is withdrawn, in partial or in full before maturity, the following rules shall apply:
- Interest is not payable:
i. On fixed deposits with tenor of less than or equal to 3 months that have not reached maturity; OR,
ii. On any other FD withdrawn before the completion of 3 months
- Interest is payable:
For FD withdrawn after the completion of 3 months at the prevailing board rate from the date the FD was placed up to the date of withdrawal
- S$30 early closure fee if account is closed within 6 months of opening
