Top 10 Best Fixed Deposits in Singapore 2026

With interest rates remaining competitive in mid-2026, fixed deposits continue to be one of the safest and most reliable ways to grow your savings in Singapore. Whether you’re parking short-term funds or building a low-risk portfolio, comparing fixed deposit rates across Singapore’s top banks can help you maximise your returns.

1. DBS Bank Fixed Deposit

DBS Bank Fixed Deposit is one of the most trusted savings options in Singapore, backed by the country’s largest local bank. Offering competitive interest rates across a range of tenors, it’s ideal for both first-time savers and seasoned investors looking to grow their wealth safely. With seamless digital application via the DBS digibank app, locking in your savings has never been more convenient.

• 📞 Phone: 96800306
• 🌐 Website: https://www.dbs.com.sg

2. OCBC Fixed Deposit

OCBC Fixed Deposit is a popular choice for Singaporeans seeking a reliable, low-risk way to earn predictable returns on their idle cash. OCBC regularly offers promotional rates that rival the best in the market, especially for shorter tenors like one to three months. Existing OCBC customers benefit from a streamlined application process through the OCBC Digital banking platform.

• 📞 Phone: 93200032
• 🌐 Website: https://www.ocbc.com

3. UOB Fixed Deposit

UOB Fixed Deposit delivers a dependable savings solution from one of Singapore’s three major local banks, making it a go-to for risk-averse investors. With flexible placement tenors ranging from one month to several years, savers can tailor their deposit to match their financial goals. UOB occasionally rolls out enhanced promotional rates, making it worth checking before committing your funds.

• 🌐 Website: https://www.uob.com.sg/personal/save/deposits/fixed-deposit.page

4. Maybank Fixed Deposit

Maybank Fixed Deposit stands out in Singapore’s competitive deposit landscape by frequently offering above-market promotional interest rates, particularly for its iSAVvy Time Deposit online placements. As a major regional bank with a strong Singapore presence, Maybank provides a secure and MAS-regulated environment for your savings. It’s an excellent pick for savers who want strong returns with the backing of a reputable institution.

• 🌐 Website: https://www.maybank2u.com.sg/en/personal/deposits/fixed-deposit.page

5. Standard Chartered Fixed Deposit

Standard Chartered Fixed Deposit, known locally as a Time Deposit, offers Singapore savers attractive interest rates with the global credibility of an international bank. Competitive promotional rates are regularly available online, often sweetened for new-to-bank customers or larger deposit amounts. The straightforward digital application process makes it easy to start earning higher interest on your savings right away.

• 🌐 Website: https://www.sc.com

6. HSBC Fixed Deposit

HSBC Fixed Deposit, marketed as a Time Deposit in Singapore, combines the security of a globally recognised bank with competitive local interest rates. Savers can choose from a variety of tenors and currencies, adding a layer of flexibility that suits both everyday savers and those with multi-currency needs. HSBC Premier and Advance customers may also enjoy preferential rates as part of their broader banking package.

• 🌐 Website: https://www.hsbc.com.sg/savings/products/time-deposit/

7. Citibank Fixed Deposit

Citibank Fixed Deposit offers Singapore savers the confidence of banking with a globally established financial institution, now operating under UOB’s expanded retail network following the acquisition. Known for competitive promotional rates and multiple tenor options, it remains a compelling choice for those looking to maximise returns on short-to-medium-term placements. The digital-first experience makes managing and renewing your deposit effortless.

• 🌐 Website: https://www.citibank.com.sg/personal-banking/deposits/fixed-deposits/

8. RHB Fixed Deposit

RHB Fixed Deposit is a strong contender for savvy Singapore savers seeking above-average interest rates from a well-established regional bank. RHB frequently promotes attractive short-term rates, particularly for online placements, making it a competitive alternative to the larger local banks. With MAS-regulated security and a straightforward application process, it’s a solid option worth including in your savings strategy.

• 🌐 Website: https://www.rhbgroup.com

9. Bank of China Fixed Deposit

Bank of China Fixed Deposit brings the strength of one of the world’s largest banks to Singapore savers, offering competitive interest rates across multiple currencies including SGD, USD, and CNH. This makes it especially appealing for those with cross-border financial interests or looking to diversify their deposit holdings. BOC Singapore is MAS-regulated, ensuring your funds are held in a secure and compliant environment.

• 🌐 Website: https://www.bankofchina.com

10. Singapore Savings Bonds (SSB)

Singapore Savings Bonds (SSB) are a government-backed investment issued by the Monetary Authority of Singapore, making them one of the safest savings instruments available to individual investors in Singapore. With step-up interest rates over a tenure of up to 10 years and full capital guarantee, SSBs offer flexibility — you can redeem them any month without penalty. They are an outstanding alternative to traditional fixed deposits for long-term, low-risk savers.

• 📞 Phone: 6535-7511
• 🕐 Opening Hours: Money Laundering Enforcement Combatting Scam
• 🌐 Website: https://www.mas.gov.sg

Compare all these fixed deposit options and lock in the best rate for your savings goals — visit each bank’s official website or head to sgtop10.com for the latest updates.