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MoneySmart Blog on MSNBest Fixed Deposit Rates in Singapore (May 2025)—Minimum Deposits From $500, Rates Up To 2.50%If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...
Malaysian bank CIMB is offering relatively good fixed deposit rates in Singapore this month, at up to 2.30% p.a. for regular CIMB customers and 2.35% p.a. if you're a CIMB Preferred Banking customer.
If you’re looking to deposit smaller amounts of your savings into a fixed deposit account, CIMB’s board rates apply from deposits of $1,000 and up. However, they are a measly 0.2% to 0.3% p.a. or so.
A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a ...
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