Best Fixed Deposit Rate May 2024
May FD rates are mixed across the banks.
With the expectation of reduced US rate cuts, many are hoping for higher rates. Instead, the rates remained mostly in a range.
There are the best interest rates for fixed deposits for banks in Singapore for May 2024
BANKS |
INTEREST (PA) |
TENURE |
MIN DEPO |
|
3.3% (Online) |
3 mths |
$5,000 |
|
3.3% (Online) |
6 mths |
$10,000 |
|
2.5 %
|
3 mths |
$50,000 |
|
3.2%
|
12 mths |
$1,000 |
|
0.4%
|
12 mths |
NA
|
|
2.9%
|
3 mths |
$50,000 |
|
3.25%
|
3 mths |
$200,000 |
|
3.35%
|
3 mths |
$500
|
|
2.6% |
12 mths |
$20,000 |
|
2.8% (online) |
6 mths |
$20,000
|
|
3.2%
|
6 mths |
$20,000 |
|
NA
|
NA
|
NA |
|
3.2% (Priority Private)
|
6 mths |
$25,000 |
|
2.7% |
6 mths |
$10,000
|
The information provided by TWD is for information purposes only and is not meant to be investment advice. Readers must do their due diligence and consult financial advisors for their investment needs. The information is correct as of 1st May
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