Up to 3.45% interest rate! Best fixed deposit rates in Singapore for Oct 2024 Singapore News

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Woman wearing sunglasses covering half of her face with a fan of dollar bills.

SINGAPORE: Boost your savings this month with higher fixed deposit interest rates.

Here are some banks offering competitive rates in October 2024, according to MoneySmart.

Oct 2024 Highest Fixed Deposit Rates

Oct 2024 Best fixed deposit rates by commitment period

3-Month commitment period:

6-Month commitment period:

12-Month commitment period:

Oct 2024 Best fixed deposit rates by minimum deposit

Deposits $10,000 and under:

  • DBS

  • Bank of China

  • ICBC

  • Hong Leong Finance

  • CIMB

  • UOB

Deposits $20,000–$49,999:

  • DBS

  • Maybank

  • Bank of China

  • ICBC

  • HSBC

    • Interest Rate: 3.00% p.a.

    • Commitment Period: 6 months

    • Minimum Amount: S$100,000

  • CIMB

  • RHB

  • Standard Chartered

  • OCBC

  • Hong Leong Finance

Deposits $50,000 and above:

  • State Bank of India

  • CIMB

  • Citibank

  • HSBC

    • Interest Rate: 3.00% p.a.

    • Commitment Period: 6 months

    • Minimum Amount: S$100,000

  • Bank of China

  • ICBC

  • RHB

  • DBS

  • Hong Leong Finance

Read also: Earn up to 3.30% interest this Sept! Best fixed deposit rates in Singapore for Sept 2024


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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