Best Fixed Deposit Rates in Singapore February 2026
Get better returns on your money with the best fixed deposit rates promotion in February 2026.
Are you tired of watching your hard-earned savings linger in low-interest accounts while inflation quietly erodes their value? In today’s fast-paced financial landscape, securing the best fixed deposit rates is more crucial than ever.
Let’s explore the current best fixed deposit rates in Singapore to help you make informed choices that put your savings to work effectively.
Most banks require you to deposit fresh funds to qualify for the promotion.
Why FD?
- Pays you a fixed rate of interest until a given maturity date
- The interest rate is higher than a regular savings account
- Risk-free guaranteed returns
- Flexible tenure
- Easily withdrawable if needed
> Use this FD Interest Calculator to calculate the potential interest.
Remember to compare FD rates with digital bank’s interest rates.
Best Fixed Deposit Rate Singapore February 2026
As of February 2026, the best fixed deposit rates in Singapore is 1.50% p.a by Hong Leong Finance.
The rates are subject to change and may vary based on the amount deposited and other factors.
Tenure | Banks | Interest Rate | Min. Amount |
1-month | Sing Investment & Finance | 1.20% p.a. | S$10,000 |
2-month | BOC | 1.20% p.a. | S$500 |
3-month | RHB | 1.45% p.a. | S$20,000 |
4-month | Hong Leong Finance | 1.50% p.a. | S$50,000 |
5-month | Hong Leong Finance | 1.50% p.a. | S$50,000 |
6-month | RHB | 1.45% p.a. | S$20,000 |
8-month | Hong Leong Finance | 1.25% p.a. | S$20,000 |
9-month | Maybank | 1.30% p.a. | S$20,000 |
10-month | UOB | 1.00% p.a. | S$10,000 |
11-month | Hong Leong Finance | 1.25% p.a. | S$20,000 |
12-month | RHB | 1.40% p.a. | S$20,000 |
13-month | Hong Leong Finance | 1.25% p.a. | S$20,000 |
Singapore Fixed Deposit Promotion February2026
Standard Chartered SGD Fixed Deposit
Standard Chartered highest fixed deposit rate is 1.45% p.a. for personal banking customers.
Priority Private Banking customers gets up to 1.65% p.a.
Placement Amount | 6-Month |
Minimum S$25,000 | 1.45% p.a. |
UOB SGD Fixed Deposit
Get up to 1.20% p.a. with UOB FD!
Placement Amount | 6-Month | 10-Month |
Min. S$10,000 | 1.20% p.a. | 1.00% p.a. |
HSBC SGD Time Deposit
Get up to 0.85% p.a. with HSBC FD for personal banking customers.
Premier and Premier Elite customers gets up to 1.50% p.a.
Segment | 1-Month | 3-Month | 6-Month | 12-Month |
Personal Banking customers | 0.65% p.a. | 0.80% p.a. | 0.85% p.a. | 0.85% p.a. |
ICBC Fixed Deposit
Get up to 1.35% p.a. with ICBC FD.
Placement Amount | 1-Month | 3-Month | 6-Month | 9-Month | 12-Month |
Below S$200,000 (E-banking) | 1.10% p.a. | 1.15% p.a. | 1.10% p.a. | 1.00% p.a. | 1.00% p.a. |
S$200,000 and above (E-banking) | 1.15% p.a. | 1.35% p.a. | 1.15% p.a. | 1.05% p.a. | 1.05% p.a. |
Hong Leong Finance FD
Get up to 1.50% p.a. with HLF FD promotion!
Special Fixed Deposit Promotion
Placement Amount | 4-Month | 5-Month |
S$50,000 and above | 1.50% p.a. | 1.50% p.a. |
Fixed Deposit Promotion
Placement Amount | 5-Month | 11-Month | 13-Month |
S$20,000 and above | 1.23% p.a. | 1.20% p.a. | 1.20% p.a. |
Online Fixed Deposit Special via HLF Digital
Placement Amount | 5-Month | 6-Month | 8-Month | 11-Month | 13-Month |
S$5,000 to <Â S$20,000 | 1.20% | 1.20% | 1.25% | 1.20% | 1.20% |
S$20,000 and above | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% |
Maybank Fixed Deposit
Get up to 1.30% p.a. with Maybank time deposit promotion.
Time Deposit Promotion:
Placement Amount | 6-Month | 9-Month | 12-Month |
Minimum S$20,000 | 1.30% p.a. | 1.30% p.a. | 1.30% p.a. |
OCBC FD
Get up to 1.20% p.a. with OCBC fixed deposit promotion!
Placement Amount | Banking Type | 9-Month | 12-Month |
Minimum S$20,000 | Branch | 1.10% p.a. | 1.15% p.a. |
Minimum S$20,000 | Online | 1.15% p.a. | 1.20% p.a. |
Sing Investment & Finance (SIF)
Get up to 1.30% p.a. with Sing Investment & Finance fixed deposit promotion!
SIF FD Online Rates
Placement Amount | 1-Month | 3-Month | 6-Month | 12-Month |
Minimum S$1,000 | 1.10% p.a. | 1.20% p.a. | 1.20% p.a. | 1.10% p.a. |
Minimum S$10,000 | 1.20% p.a. | 1.30% p.a. | 1.30% p.a. | 1.20% p.a. |
SIF FD Offline Daily Special Rates
Placement Amount | 1-Month | 3-Month | 6-Month | 12-Month |
Minimum S$10,000 | 1.10% p.a. | 1.25% p.a. | 1.25% p.a. | 1.20% p.a. |
State Bank Of India Singapore FD
Get up to 0.90% p.a. with SBI fixed deposit promotion.
Placement Amount | 6-Month | 12-Month |
Minimum S$200,000 | 0.90% p.a. | 0.80% p.a. |
CIMB SGD Fixed Deposit
Get up to 1.30% p.a. with CIMB FD deposit promotion!
If you are a CIMB Preferred Banking customer, you can get up to 1.35% p.a.
Placement Amount | Banking Type | 3-Month | 6-Month | 9-Month | 12-Month |
Minimum S$10,000 | Personal | 1.30% p.a. | 1.30% p.a. | 1.10% p.a. | 1.20% p.a. |
Minimum S$10,000 | Preferred | 1.35% p.a. | 1.35% p.a. | 1.15% p.a. | 1.25% p.a. |
RHB SGD Fixed Deposit
Get up to 1.45% p.a. with RHB FD deposit promotion via RHB Mobile SG app!
If you are a RHB Premier Banking customer, you can get up to 1.55% p.a.
Placement Amount | Placement Type | 3-Month | 6-Month | 12-Month |
Minimum S$20,000 | Personal Banking | 1.45% p.a. | 1.45% p.a. | 1.40% p.a. |
Minimum S$20,000 | Premier Banking | 1.55% p.a. | 1.55% p.a. | 1.50% p.a. |
Bank Of China Singapore Fixed Deposit
Get up to 1.35% p.a. with BOC FD deposit promotion via mobile banking placement!
Via Mobile Banking Placement (New Placement)
Placement Amount | 1-Mth | 2-Mth | 3-Mth | 4-Mth | 5-Mth | 6-Mth | 9-Mth | 12-Mth |
Minimum S$500 | 1.15% p.a. | 1.20% p.a. | 1.35% p.a. | – | 1.30% p.a. | 1.35% p.a. | 1.20% p.a. | 1.32% p.a. |
Minimum S$200,000 | 1.35% p.a. |
POSB/DBS Fixed Deposit
DBS/POSB fixed deposit currently does not have any promotion ongoing.
They offer up to 1.00% p.a. with its board rate.
This section will be updated again as soon as a promotion is detected.
Placement Amount | ?-Month |
– | – |
Singapura Finance Fixed Deposit
Get up to 1.20% p.a. with Singapura Finance fixed deposit!
Placement Amount | 3-Month | 8-Month |
S$50,000 and above | 1.20% p.a. | 1.18% p.a. |
Bank of East Asia Fixed Deposit
Get up to 1.40% p.a. with Bank of East Asia FD promotion.
Placement Amount | 3-Month | 12-Month |
S$100,000 to S$5,000,000 | 1.40% p.a. | 1.23% p.a. |
HL Bank Fixed Deposit
HL Bank currently does not have any promotion ongoing.
They offer up to 0.40% p.a. with its board rate.
This section will be updated again as soon as a promotion is detected.
Placement Amount | ?-Month |
– | – |
Fixed Deposit Interest Rate Comparison
All interest rates indicated below are per annum (p.a.)
If you are viewing using a mobile phone, switch to desktop view for a quick comparison of the interest rates for a particular tenure.
| Banks/FI | Min. Amount | 1-Mth | 2-Mth | 3-Mth | 4-Mth | 5-Mth | 6-Mth | 8-Mth | 9-Mth | 10-Mth | 11-Mth | 12-Mth | 13-Mth |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of China (Mobile) | S$500 | 1.15% | 1.20% | 1.35% | 1.30% | 1.35% | 1.20% | 1.32% | |||||
| Bank of China (Mobile) | S$200,000 | 1.35% | |||||||||||
| Bank of East Asia | S$100,000 to S$5,000,000 | 1.40% | 1.23% | ||||||||||
| CIMB | S$10,000 | 1.30% | 1.30% | 1.10% | 1.20% | ||||||||
| Citibank | |||||||||||||
| HL Bank | |||||||||||||
| Hong Leong Finance (Special) | S$50,000 and above | 1.50% | 1.50% | ||||||||||
| Hong Leong Finance | S$20,000 and above | 1.23% | 1.20% | 1.20% | |||||||||
| Hong Leong Finance (HLF Digital) | S$5,000 to < S$20,000 | 1.20% | 1.20% | 1.25% | 1.20% | 1.20% | |||||||
| Hong Leong Finance (Online) | S$20,000 and above | 1.25% | 1.25% | 1.25% | 1.25% | 1.25% | |||||||
| HSBC | S$30,000 | 0.65% | 0.80% | 0.85% | 0.85% | ||||||||
| ICBC (Online) | Below S$200,000 | 1.10% | 1.15% | 1.10% | 1.00% | 1.00% | |||||||
| ICBC (Online) | S$200,000 and above | 1.15% | 1.35% | 1.15% | 1.05% | 1.05% | |||||||
| Indian Overseas Bank | |||||||||||||
| Maybank (Online) | S$20,000 | 1.30% | 1.30% | 1.30% | |||||||||
| OCBC (Branch) | S$20,000 | 1.10% | 1.15% | ||||||||||
| OCBC (Online) | S$20,000 | 1.15% | 1.20% | ||||||||||
| POSB/DBS | |||||||||||||
| RHB | S$20,000 | 1.45% | 1.45% | 1.40% | |||||||||
| SBI Singapore | S$200,000 | 0.90% | 0.80% | ||||||||||
| Sing Investment & Finance (Online) | S$1,000 | 1.10% | 1.20% | 1.20% | 1.10% | ||||||||
| Sing Investment & Finance (Online) | S$10,000 | 1.20% | 1.30% | 1.30% | 1.20% | ||||||||
| Sing Investment & Finance (Branch) | S$10,000 | 1.10% | 1.25% | 1.25% | 1.20% | ||||||||
| Singapura Finance | S$50,000 | 1.20% | 1.18% | ||||||||||
| Standard Chartered | S$25,000 | 1.45% | |||||||||||
| UCO Bank | |||||||||||||
| UOB | S$10,000 | 1.20% | 1.00% | ||||||||||
| Banks/FI | Min. Amount | 1-Mth | 2-Mth | 3-Mth | 4-Mth | 5-Mth | 6-Mth | 8-Mth | 9-Mth | 10-Mth | 11-Mth | 12-Mth | 13-Mth |
Depending on your financial goals and risk tolerance, a fixed deposit may be a suitable investment option for you.
FDs provide higher interest rates than most other investments available in Singapore and are insured against default. However, it is important to remember that FDs come with certain risks and require a minimum deposit amount. Therefore, it is important to do your research and understand the terms and conditions of the fixed deposit account before committing to an investment.
Ultimately, the success of any investment will depend on your own understanding of the market and your own financial needs.
The most popular tenures are 6-Month and 12-Month, so take your time to go through the latest list of FD interest rates offered by the banks today to find the highest fixed deposit rates that suit you.
I hope this guide helped you to find the highest interest rate for a fixed deposit account in Singapore for 2023. You might be interested in our guide for the highest savings account interest rate.