Earn up to 2.45% interest rate: Best fixed deposit rates this July 2025

SINGAPORE: Looking to grow your extra money this month? You can now earn up to 2.45% interest with minimum deposits starting from just S$500. Here are several banks offering the best fixed deposit rates in Singapore in July 2025.

Bank / Platform	3 Months (interest rate p.a)	6 Months (interest rate p.a)	12 Months (interest rate p.a)	Other commitment period with high rates	Minimum Deposit	Additional Information
Syfe Cash+ Guaranteed	1.85%	1.75%	1.65%	1.70% (1 month)	No minimum deposit	-
StashAway Simple	1.85%	1.80%	1.70%	1.80% (1 month)	No minimum deposit	-
ICBC	1.85%	1.80%	1.80%	1.80% (1 month)	S$500	via e-banking
Bank of China	1.86%	1.80%	1.65%	1.85% (2 months)	S$500	new placement
DBS	1%	2.15%	2.45%	2.40% (10 months)	S$1,000	-
State Bank of India	1.75%	1.75%	1.60%%	1.75% (9 months)	S$5,000 to S$1 million	board rates only, currently no promotional fixed deposits
CIMB	1.75%	1.65%	1.45%	1.45% (9 months)	S$10,000	personal banking
UOB	-	1.75%	-	1.60% (10 months)	S$10,000	-
Citibank	1.80%	1.80%	-	-	S$10,000 to S$5 million	new-to-bank and existing clients with Citi Priority, Citibanking or Citi Plus relationship
Maybank	-	1.90%	2.05%	2.00% (9 months)	S$20,000	online placement (deposit bundle promotion) via Maybank2u Online Banking, Maybank2u SG app or in branch, T&Cs apply
Hong Leong Finance	-	-	-	1.83% (9 months)	S$20,000	online fixed deposit special
RHB	1.80%	1.80%	1.60%	-	S$20,000	personal banking
Standard Chartered	-	1.45% - 1.50%	-	-	S$25,000	-
OCBC	-	-	1.45%	1.50% (9 months)	S$30,000	internet banking
HSBC	1.05%	1.05%	0.90%	1.15% (1 month)	S$30,000	personal banking

/TISG Disclaimer: Rates are promotional and subject to change. For the most current rates, visit the respective bank websites Featured image by Depositphotos (for illustration purposes only)