11 Best Fixed Deposit Rates in Singapore (November 2026): Five Now Pay 2.10% p.a. at 12 Months

HL Bank issued new terms on 2 November 2026, raising every tenor, and takes first place here: it matches the top 12-month rate at the lowest minimum, with no set end date.THE RATES: the promotion pays 2.10% p.a. at both 6 and 12 months (was 2.05%), 2.15% at 18 months (was 2.12%) and 2.20% at 24 months (was 2.15%), the best ordinary rate on this page. Placed online through HLB Connect internet or mobile banking, the minimum is S$10,000; at a branch the same rates need S$100,000.WHY IT STANDS OUT: the money can be fresh funds, or money already sitting in an HL Bank savings, iSavings or current account.FINE PRINT: no interest at all is paid if you withdraw before maturity, partial withdrawals are not allowed, and PayNow cannot fund the deposit directly. At maturity it renews for the same tenor at the board rate unless you instruct otherwise, and the bank can end the promotion whenever it chooses. GIFT: the Hello Kitty game set offer now runs to 31 December 2026, while stocks last: a Travel Game Set (worth S$200) for a S$100,000 placement of 12, 18 or 24 months, or a Full-Sized Game Set (worth S$600) for S$250,000, if you also FAST-transfer S$5,000 of fresh funds into an HL Bank savings or iSavings account with the comment FDHK and keep it there for six months. HL Bank is the Singapore branch of Hong Leong Bank Malaysia and a different company from Hong Leong Finance below; deposits are insured up to S$100,000 by SDIC.BEST FOR: almost any placement from S$10,000 at 6, 12, 18 or 24 months, especially money already at HL Bank or short of the S$20,000 RHB, Maybank and Bank of China ask for.

RHB has paid this rate since 9 October 2026 and was unchanged on our 3 November check, but HL Bank, CIMB, Maybank and Bank of China now match it at 12 months.THE RATES: Personal Banking customers get 2.10% p.a. at 12 months, 2.00% at 6 months and 1.60% at 3 months. Premier Banking adds 0.10 points on every tenor, so 2.20% at 12 months and 2.10% at 6; Premier needs a total relationship balance of S$200,000. The minimum is S$20,000 on every tenor, at any RHB branch or in the RHB Mobile SG app. New-to-bank customers who want to use the app open an RHB current or savings account in the app first and transfer funds across.WHY IT STANDS OUT: there is no fresh-funds requirement, so money already at RHB qualifies, and eligible auto-renewals get the prevailing promotional rate automatically instead of dropping to the board rate. Unlike CIMB's matching rate, it has no 30 November cut-off. RHB charges no premature penalty fee on an SGD fixed deposit, though you should expect to lose the interest.FINE PRINT: the bank says the rates can change without prior notice and publishes no end date.BEST FOR: anyone with S$20,000 or more who wants 2.10% for a year without racing a deadline, including money already at RHB. On S$50,000 for a year it pays S$200 more than UOB.

CIMB raised its online board on 17 October 2026, and it now matches RHB at 12 months with half the minimum.THE RATES: Personal Banking customers get 2.10% p.a. at 12 months (was 1.95%), 1.85% at 9 months (was 1.75%), 1.75% at 6 and 1.35% at 3; Preferred Banking customers get 0.05 points more on every tenor, so 2.15% at 12 months. The minimum is S$10,000, the maximum S$1,000,000 per placement, and placements go through CIMB's online application only.FINE PRINT: CIMB's terms now run this Fast Fixed Deposit Promotion from 1 to 30 November 2026 at the same rates (it first ran 17 to 31 October), or earlier if the bank decides, and the account has to be funded, approved and through every check inside that window, so do not leave it to the last few days. There is no fresh-funds condition on this board, so money already at CIMB qualifies. Break it early and interest is paid only for completed quarters; at maturity the deposit renews at whatever promotional or board rate CIMB has then, unless you change the instruction.EXTRAS: both need fresh funds. The Shariah-compliant Why Wait Fixed Deposit-i adds a S$88 cash credit for every S$100,000 placed for 12 months, capped at S$176, for placements made 1 to 30 November. A New-to-Preferred welcome rate pays 2.43% p.a. on a 6-month placement, tied to S$250,000 of fresh funds and a new CIMB Preferred relationship, with no end date shown.BEST FOR: S$10,000 to S$20,000 placed online by 30 November, where only HL Bank matches it at that size for 12 months.

Maybank re-priced in October 2026, and its standalone deposit was unchanged on our 3 November check, level with the top of this guide.THE RATES: the standalone SGD Time Deposit and Term Deposit-i now pay 2.10% p.a. at 6 and 12 months (was 1.85%) and 1.90% at 9 months (was 1.80%), from S$20,000, at a branch or online. The page now limits it to individual customers, and its terms carry no fresh-funds condition.THE BUNDLE: the Deposits Bundle headline is now 2.40% p.a. at 12 months and 2.25% at 9, but 10% of the deposit has to be earmarked in a Maybank savings or current account for the whole tenor, that account needs fresh funds, and the earmark earns about 0.05%. Maybank publishes the blended result itself: 2.19% p.a. effective at 12 months and 2.05% at 9, based on a S$100,000 deposit, so only 0.09 points above the standalone rate.HOW TO PLACE: online with Myinfo via Singpass, or in the Maybank2u SG app under Apply, Time Deposits; you need a Maybank savings or current account to place online. Maybank publishes no end date.BEST FOR: 6-month money, where only HL Bank and RHB Premier match 2.10% on this page, and money already at Maybank. Choose the bundle only if the earmarked 10% is cash you would have kept at Maybank anyway.

Hong Leong Finance re-priced on 23 October 2026 for its 65th anniversary, and every board went up.SPECIAL: the Special Fixed Deposit Promotion pays 2.08% p.a. for 8 months (was 1.90%) on S$20,000 and above in fresh funds, over the counter or online, until further notice.STANDING BOARD: the Fixed Deposit Promotion pays 1.80% at 12 months, 1.70% at 9 and 1.65% at 6 on S$20,000 to under S$100,000, and 1.90%, 1.80% and 1.75% from S$100,000, for new placements on individual accounts (12 months was 1.65% and 1.70%).ONLINE: the HLF Digital Online Fixed Deposit Special, for customers who already hold HLF fixed deposit and savings accounts, pays 1.55% to 1.70% from S$5,000 and 1.75% to 1.90% from S$20,000. GIFT: from 15 October 2026 to 15 January 2027, a fresh-funds promotional placement earns a limited-edition "Ray" Dragon collectible (2,000 set aside for the FD promotion, first come first served), collected at a branch, and the Punggol Coast Mall branch also gives a Nanyang flask for fresh funds.FINE PRINT: new customers go to a branch with their NRIC or passport; existing customers can use the online instruction form and PayNow. There is no penalty fee for breaking a deposit, but no interest is paid, and maturing deposits renew at the prevailing board or special rate. HLF is a finance company, not a bank, and a different company from HL Bank; it is a Deposit Insurance Scheme member, so deposits are insured up to S$100,000 by SDIC.BEST FOR: S$20,000 or more of new money you need back in under a year, where 2.08% for 8 months beats every 9-month rate on this page.

Singapura Finance raised its counter board on 28 October 2026, so the counter now pays more than online.ONLINE VIVID: the Vivid Fixed Deposit pays 1.98% p.a. at 12, 18 and 24 months (rates from 13 October), from S$10,000 to a maximum of S$100,000. It is for Singapore citizens and PRs aged 16 and over with an active Vivid Savings Account and Singpass; you place from that savings account, the page states no fresh-funds rule, and existing Vivid fixed deposit customers can make further placements in the SFL Go app. Vivid has no online withdrawal, a deliberate scam-protection feature.COUNTER BOARD: the Counter Fixed Deposit Promotion, effective 28 October, pays 2.08% p.a. at 12, 18 and 24 months (was 1.98%) and 1.85% at 6 months (was 1.75%) on S$20,000 and above. Its terms are stricter: fresh funds only, retail customers only, and you need an existing Singapura Finance savings account or a new one opened with S$200.WHY CONSIDER IT: a flat 2.08% out to 24 months is a simple way to lock a rate for two years, though HL Bank now pays 2.15% and 2.20% at 18 and 24 months. No interest at all is paid if you break the deposit. Deposits are insured up to S$100,000 by SDIC.BEST FOR: S$10,000 to S$100,000 you will not need for at least a year, especially if you already bank with Singapura Finance.

GXS launched an 18-month tenor in October 2026; its October Payday Boost (OCT5K) and BOOST4 save-and-invest offers ended on 31 and 30 October.THE RATES: Boost Pocket is a fixed-tenor pocket inside the GXS Savings Account, not a formal fixed deposit. You get 0.88% p.a. base interest credited daily, plus a bonus paid only if you hold to maturity: 0.13% for 1 month, 0.34% for 3, 0.52% for 4, 0.82% for 8, 0.87% for 12 and 1.12% for 18 months. So 12 months pays 1.75%, 8 months 1.70% and 18 months 2.00%. You can open up to eight Boost Pockets, with no salary crediting and no minimum spend.WHY IT STANDS OUT: withdraw early and you keep the 0.88% base accrued to date and lose only the bonus, where HL Bank, UOB and Singapura Finance pay nothing at all on a broken deposit.OTHER PROMOS: new users get S$20 cashback on a first S$5,000 into a 3-month pocket named First Boost, which GXS puts at up to 2.82% p.a. No November pocket promotion was posted on 3 November.BEST FOR: anyone with less than S$10,000, anyone who might need the money back early, and an 18-month placement with no minimum.

OCBC raised its board twice between late September and 25 October 2026, and it was unchanged on our 3 November check.THE RATES: it pays 1.85% p.a. online at 12 months (was 1.65%) and 1.55% at 6 months (was 1.50%); branch placements pay 0.05 points less, 1.80% and 1.50%. The promotion covers 6 and 12 months only.FINE PRINT: the minimum is S$20,000 and it must be fresh funds, which OCBC defines strictly: not transferred from an existing OCBC deposit account and not paid in by OCBC cheque, cashier's order or demand draft. So you cannot move your own OCBC savings into the promotional deposit. Online placements are capped at S$999,999 each and branch placements at S$5,000,000, and SRS funds are excluded.WHY CONSIDER IT: OCBC offers Money Lock, which blocks digital transfers out of a locked time deposit so the money can only be released in person. It is scam protection rather than yield, and it is free.BEST FOR: OCBC customers bringing in money from outside who value the branch network and Money Lock more than the interest. On S$50,000 for a year, 1.85% pays S$125 less than the 2.10% at the top of this guide.

UOB renewed its promotion for 1 to 30 November 2026 at the same rates, and it is still the lowest 12-month rate in this guide.THE RATES: on fresh funds with a minimum of S$10,000, UOB pays 1.70% p.a. at 12 months, 1.65% at 10 months and 1.60% at 6 months.HOW TO PLACE: through the UOB TMRW app or Personal Internet Banking, Monday to Friday 9.30am to 9.30pm and Saturdays 8am to 9.30pm. Instructions sent outside those hours are processed the next business day, and interest starts only from then, which costs you a few days on a weekend placement.FINE PRINT: online placements are capped at S$999,999 each, the promotion is for individual customers only, and no interest is paid if the deposit is withdrawn before maturity.BEST FOR: UOB customers bringing in money from another bank who value having everything in one app. Money already at UOB does not qualify, so for that, look at RHB, Maybank, HL Bank or CIMB. On S$50,000 for a year, UOB's 1.70% pays S$200 less than 2.10%.