According to this notice, with the effect from 4th May 2020, there is a downward revision of interest rates for DBS/POSB SGD Fixed Deposit.
Currently, you still can earn up to 1.30% p.a. with the 18-month tenor for deposits up to a maximum of $49,999.
Effective Date: 04/06/2020
Period |
$1,000- $9,999 |
$10,000- $19,999 |
$20,000- $49,999 |
$50,000- $99,999 |
$100,000- $249,999 |
$250,000- $499,999 |
$500,000- $999,999 |
1 mth |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
2 mths |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
0.05 |
3 mths |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
4 mths |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
5 mths |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
0.15 |
6 mths |
0.20 |
0.20 |
0.20 |
0.20 |
0.20 |
0.20 |
0.20 |
7 mths |
0.40 |
0.40 |
0.40 |
0.40 |
0.40 |
0.40 |
0.40 |
8 mths |
0.60 |
0.60 |
0.60 |
0.60 |
0.60 |
0.60 |
0.60 |
9 mths |
0.95 |
0.95 |
0.95 |
0.75 |
0.75 |
0.75 |
0.75 |
10 mths |
1.10 |
1.10 |
1.10 |
0.75 |
0.75 |
0.75 |
0.75 |
11 mths |
1.10 |
1.10 |
1.10 |
0.75 |
0.75 |
0.75 |
0.75 |
12 mths |
1.15 |
1.15 |
1.15 |
0.75 |
0.75 |
0.75 |
0.75 |
18 mths |
1.30 |
1.30 |
1.30 |
0.90 |
0.90 |
0.90 |
0.90 |
24 mths |
0.90 |
0.90 |
0.90 |
0.90 |
0.90 |
0.90 |
0.90 |
36 mths |
0.85 |
0.85 |
0.85 |
0.85 |
0.85 |
0.85 |
0.85 |
48 mths |
0.75 |
0.75 |
0.75 |
0.75 |
0.75 |
0.75 |
0.75 |
60 mths |
0.75 |
0.75 |
0.75 |
0.75 |
0.75 |
0.75 |
0.75 |
