Holistic Wellness Toolkit for Corporates. Empower your business with the right tools for a secure future. Make every day easier with DBS PayLah! Get rides, book tickets, order meals, find your favourite DBS/POSB card rewards! Multiplying is easier for everyone now. Fixed Deposits Home Rate 6 (FHR6) refers to the prevailing 6 months Singapore Dollar fixed deposit interest rate of POSB Bank for amounts within S$1,000 to S$9,999 or such other sum as we may specify. FHR6 is 0.200% p.a. This package comes with the following feature.
Maximise your savings with attractive interest, while keeping your funds secureDBS/POSBP5W2DPast EventOh no, the event has ended. Don't miss out again, get the latest news via Newsletter, Telegram, Facebook, Twitter or RSS feed!
| Starts | 2 Oct 2020 (Fri) | Ends | 8 Nov 2020 (Sun) |
|---|---|---|---|
| Location | DBS/POSB |
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DBS/POSB Singapore Dollar (S$) Fixed Deposit Account gives you the opportunity to maximise your savings with attractive interest, while keeping your funds secure. Valid as of 5 November 2020.
Benefits
- Affordability and Convenience: fixed deposit amount begin at S$1,000 with a deposit tenor of your choice, and you can begin a new placement via iBanking or at any of DBS/POSB branches
- Added value: you may use your S$ Fixed Deposit as collateral for credit facilities (subject to credit approval) and may make a placement using cash.
Eligibility and Requirements
- You are eligible for this account if you are at least 12 years old. For customers younger than 12 years, a trust minor account may be opened with a parent or legal guardian who is at least 21 years old.
Note: The maximum 1.3% p.a. only applies to 18 month deposits of up to a maximum of $49,999. Interest rates for tenors of 12 months and above are applicable only to rollover of existing placements at the same tenor. For 1.1%, it is applicable for 11-month deposits of up to $19,999.
Rates as of 2 Oct 2020
Effective Date: 02/10/2020
| Period | $1,000 – $9,999 | $10,000 – $19,999 | $20,000 – $49,999 | $50,000 – $99,999 | $100,000 – $249,999 | $250,000 – $499,999 | $500,000 – $999,999 |
|---|---|---|---|---|---|---|---|
| 1 mth | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 2 mths | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 3 mths | 0.1500 | 0.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 4 mths | 0.1500 | 0.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 5 mths | 0.1500 | 0.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 6 mths | 0.2000 | 0.2000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 7 mths | 0.4000 | 0.4000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 8 mths | 0.6000 | 0.6000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 9 mths | 0.9500 | 0.9500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 10 mths | 1.1000 | 1.1000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 11 mths | 1.1000 | 1.1000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 12 mths | 1.1500 | 1.1500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 18 mths | 1.3000 | 1.3000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 24 mths | 0.9000 | 0.9000 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 36 mths | 0.8500 | 0.8500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 48 mths | 0.7500 | 0.7500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
| 60 mths | 0.7500 | 0.7500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 | 0.0500 |
Interest rates are indicative. Rates apply to individual accounts only.
For more info, click here
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Deposit Details
| 8 mths | 12 mths | 18 mths | |
|---|---|---|---|
| $1k to <$20k | 0.60% p.a. | 1.15% p.a. | 1.30% p.a. |
Enjoy 0.60% p.a. for 8 months fixed deposit
Interest rates are applicable for minimum placement amount of $1,000 and maximum amount of $19,999
Interest rates for tenors of 8 months and below are applicable for all customers
Receive 1.30% p.a. for 18 months fixed deposit
Receive 1.15% p.a. for 12 months fixed deposit
Receive 0.95% p.a. for 9 months fixed deposit
Interest rates for tenors of 9 months and above are applicable only to rollover of existing placements at the same tenor
Placements may be made via iBanking or at any POSB branches
You are eligible for this account if you are at least 12 years old
Click here to go to POSB website for more details about POSB Fixed Deposit
Historical Chart and Deposit Rates
* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $75,000 and 3 to 18 months tenure
POSB / DBS current highest fixed deposit rate is 0.60% p.a. for 8 months tenure with maximum deposit of $19,999.
There is currently no fixed deposit promotional rate for POSB / DBS Fixed Deposits. The current highest fixed deposit rate is a POSB / DBS board rate
Posb Fixed Deposit Rate
The current Money Lobang National Average Fixed Deposit Rates for March 2021 is 0.46% p.a.
Posb Fixed Deposit Rate Oct 2020
The average monthly highest fixed deposit rate for POSB / DBS since 2018 is 1.23% p.a.
Posb Sg
POSB / DBS has not had any fixed deposit promotional campaigns