However, bear in mind that you may risk losing all or part of your interest if the fund is withdrawn prematurely. Enjoy promotional rates on your Singapore dollar fixed deposits for a tenure of 3, 6, 12 or 24 months. Typically, the longer your FD period is, the higher the interest rate is. This can also be done via iMoney's online calculator.

To get maximum returns from your deposits, check the rates of all the banks before opening an FD. Keep yourself updated with the latest FD promotions by checking iMoney's online calculator regularly (Scroll up to use the calculator).ĭifferent banks have different FD interest rates. Enjoy higher promotional rates when you make your placement via the RHB Mobile SG App Log in and make a minimum placement of S20,000 in fresh funds now. Interest rates from FD promotions are usually higher than the board rate. Most banks run FD promotions a few times a year in order to entice new and recurring customers. As such, if you have some spare cash that you do not need access to, you can boost your income by choosing to invest in it. UT & FD/CMD-i Campaign runs from 1 October - 31 December 2023. 1 RHB Unit Trust (UT) & Fixed Deposit/Commodity Murabahah Deposit-i (FD/CMD-i) Campaign Terms & Conditions apply.

Investment products are not protected by PIDM. These 'illogical'.FD's generally provide savers with higher interest rates than regular savings accounts. Fixed Deposit/Commodity Murabahah Deposit-i is protected by PIDM up to RM250,000 for each depositor. Well I guess, we are indeed living in strange/uncertain times. Instead due to promotional rates, High Liquidity is earing High Interests. Logically it does not make sense as High Liquidity (savings deposits) should yield Low Interests. Grow your returns with a special 3-month Fixed / Term Deposit rate of up to 10.88 p.a. Most of my funds are currently in HSBC deposits, which are already earning 5.55% high interest rate.

Fixed Deposit (FD) Minimum placement is $20,000Ĭomparing against the upcoming 12 months T-bills, with historical prices hovering at around 3.7%, the RHB FD rate of 3.9% is a just a tad higher.įor those who are unaware, the 12 months T-bill is only available every quarter, and closing this week, 19 April I had in Jan and Feb 2023, benefited from their 5.5% savings deposits promotion, and am considering putting in some monies, to lock-in a higher interest rate before rates start coming down. RHB bank is running a new Fixed Deposits promotion of up to 4.1% though realistically while comparing with the upcoming 12 months T-bill, it should be 3.9% Terms & Conditions 12 Months e-FD Promotion 2022 1.

Rhb bank fixed deposit promotion