Singapore Dollar Deposit Rates (May 2016)

Alert !! All promotional rates are lower as compared to 2 months ago.

UOB:

a)    UOB Super Saver Promotion

 

Incremental Fresh Funds Balance*	Bonus Rates*(p.a.)
S$15,000 to S$50,000	0.88%
Above S$50,000 to S$100,000	1.08%
Above S$100,000 to S$1,000,000	1.28%

 

Get up to 1.38% p.a.* interest (total interest rate). Illustration: 1.28% p.a. interest (Bonus Rate assuming Fresh Funds deposit of above S$100,000) + 0.10% p.a. interest (Prevailing Interest Rate for account balances above S$350,000).

Bonus Rates are only applicable to Incremental Fresh Funds balance up to a maximum amount of S$1,000,000.

This UOB Super Saver Promotion ends 30 June 2016 (*Simply deposit Fresh Funds of S$100,000 and receive a complimentary One-Year RWS Invites Silver Membership with UOB Exclusive Welcome Package (worth S$356).)

b)     

Enjoy interest rate of 1.60% p.a.* on a 13-month Singapore Dollar Fixed Deposit.

Tenor	Promotional Interest Rate* (p.a.)
13-month	1.60%

Simply deposit a minimum of S$20,000 in fresh funds.
This promotion is available from 3 May 2016 to 31 May 2016.

c)    High Yield Account

Enjoy premium interest rates on your consolidated deposits and investments when you deposit Incremental Fresh Funds into a new or existing UOB High Yield Account.

Total Value of Your Deposits and Investments	Prevailing Interest Rates (% p.a.)
Below S$350,000	0.05
S$350,000 to less than S$2,000,000	0.15
S$2,000,000 and above	0.20

 Here's how you can enjoy up to 1.60% p.a.^*

Incremental Fresh Funds Balance*	Promotional Rates on Incremental Fresh Funds Balance* (% p.a.)
Existing Accounts: S$200,000 to S$5,000,000	1.40
New Accounts: S$350,000 to S$5,000,000	1.40

Illustration*: 1.40% p.a. (Promotional Rate) + 0.20% p.a. (Prevailing Interest Rate)

Assuming the Total Value of the Deposits and Investments are S$2,000,000 and above with an incremental Fresh Funds Balance of S$2,000,000, subject to a cap of S$5,000,000 per Account.

d)    One Account

 

One Account
	1. Meet Card Spend of S$500 and	2. Credit Salary / make 3 GIRO debit transactions
First S$10,000	1.00%	1.50%
Next S$20,000	1.50%	2.00%
Next S$20,000	2.00%^	3.33%^
Above S$50,000	0.05%	0.05%
^ Maximum effective interest rate (EIR) on the One Account is 1.60% p.a. at S$50,000 deposit, provided customers meet the criteria of S$500 Card Spend. Maximum effective interest rate (EIR) on the One Account is 2.43% p.a. at S$50,000 deposit, provided customers meet both criterias of S$500 Card Spend and S$2,000 Salary credit / 3 GIRO debits per month.

 

 

OCBC:

Earn 1.65% p.a. on your 12-month SGD Time Deposit.

The placement amounts to enjoy the promotional Singapore Dollar Time Deposit Promotion are as follows:

Tenure	Minimum placement amount	Maximum placement amount	Interest Rate
12-Month	S$50,000	S$999,999	1.65% p.a

The placement amount must be in fresh funds only (fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts).

Call 1800 Premier (1800 773 6437) or visit any of our Premier Centres to apply

 

Citibank:

CNH refers to offshore Renminbi and ZAR refers to South African Rand. A minimum deposit equivalent to SGD 10,000 is required except for CNH. For CNH, a minimum deposit equivalent to SGD 30,000 is required. Maximum deposit amount is SGD 1 million equivalent per customer. This promotion is applicable for new funds. New funds refer to a deposit of funds: (a) from outside Citibank and (b) which is incremental to the average daily balance of deposits for the month before the placement of the time deposit. For placement with existing funds, foreign exchange conversion for the full deposit amount is required for all currenciesCNH refers to offshore Renminbi and ZAR refers to South African Rand. A minimum deposit equivalent to SGD 10,000 is required except for CNH. For CNH, a minimum deposit equivalent to SGD 30,000 is required. Maximum deposit amount is SGD 1 million equivalent per customer. This promotion is applicable for new funds. New funds refer to a deposit of funds: (a) from outside Citibank and (b) which is incremental to the average daily balance of deposits for the month before the placement of the time deposit. For placement with existing funds, foreign exchange conversion for the full deposit amount is required for all currenciesCNH refers to offshore Renminbi and ZAR refers to South African Rand. A minimum deposit equivalent to SGD 10,000 is required except for CNH. For CNH, a minimum deposit equivalent to SGD 30,000 is required. Maximum deposit amount is SGD 1 million equivalent per customer. This promotion is applicable for new funds. New funds refer to a deposit of funds: (a) from outside Citibank and (b) which is incremental to the average daily balance of deposits for the month before the placement of the time deposit. For placement with existing funds, foreign exchange conversion for the full deposit amount is required for all currencies

 

Maybank

Enjoy up to 2% p.a. with iSAVvy SGD Time Deposit

For a limited period only, enjoy up to 2% p.a. when you place a SGD Time Deposit online with just S$25,000!

Tenure	12-month	24-month	36-month
iSAVvy Time Deposit (Placement via Maybank Online Banking)	1.80% p.a.	1.90% p.a.	2.00% p.a.
SGD Time Deposit (Placement at Maybank Branches)	1.70% p.a.	1.80% p.a.	N.A.

Promotional rates are based on per annum and subject to change without notification.

Another one from Maybank:

Enjoy a total interest of up to 1.40% p.a. when you deposit a minimum of S$20,000 fresh funds into Maybank iSAVvy Savings Account from now till 31 August 2016.

Bonus Rate Fresh Funds Deposit during the Promotion Period (S$) Bonus Rates (p.a.) 20,000 to less than 200,000 0.85% 200,000 and above 0.90%

+

Prevailing Base Rate Total Balance in iSAVvy Savings Account (S$) Base Rates (p.a.) 5,000 to less than 50,000 0.30% 50,000 to less than 200,000 0.38% 200,000 and above 0.50%

The rates above are applicable for iSAVvy Savings Account and are subject to change without notification. This promotion is applicable to our Shariah-compliant accounts, subject solely to the Bank’s discretion. Where applicable, interest shall mean dividend.

Top up your iSAVvy Savings Account now. Don't have an account yet? Apply for one using your SingPass now.

Fast-forward your interbank fund transfers With FAST, you can now transfer funds online from other participating banks to your Maybank Account almost instantly.

Standard Chartered Bank:

From now till 31 May 2016, earn up to 1.55% interest on eligible deposit balance of S$1 million with no lock-in period when you bring in incremental fresh funds* (compared to March 2016‘s average daily balance). Seize every opportunity with e$aver today.

Deposit Balance Tier	Prevailing Interest Rate on Deposit Balance	Bonus Interest Rate on eligible Incremental Balance	Total Interest Rate on eligible Incremental Balance
<S$50,000	0.10% p.a.	1.30% p.a.	1.40% p.a.
S$50,000 to <S$200,000	0.15% p.a		1.45% p.a.
≥S$200,000	0.25% p.a.		1.55% p.a.

 

HSBC:

Enjoy up to 1.55% p.a.* on your SGD time deposits.

Relish the richness of life with your loved ones with exclusive interest rates and rewards. Now, you can make the most of your finances and create rewarding experiences for your family.

Promotional Time Deposit (SGD)	New and Existing HSBC Premier Customers*	New and Existing HSBC Advance Customers#
7-month	1.55% p.a.	1.50% p.a.

The minimum and maximum fresh funds placement amounts for the SGD TMD Promotion are S$30,000 and S$1,200,000 respectively. For placement amount greater than S$1,200,000, please contact either HSBC or your Relationship Manager.