Top 3 Singapore Fixed Deposit Rates | April Update

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Citibank Fixed Deposit
- 3 months at 4% p.a. with min $250,000
- Total interest = 4% * $250K * 3/12 = $2500
- IPM = $2500/3 = $833
- Qualify for Citigold priority banking, get $1000 cash via Singsaver

HL Bank Fixed Deposit
- 6/12 months at 3.9% p.a. with min $100,000
- Total interest = 3.9% * $100K * 6/12 = $1950
- IPM = 1950/6 = $325

RHB Fixed Deposit
- 12 months at 3.9% p.a. for Premier Banking or Online Placement
- Total interest = 3.9% * $100K = $3900
- IPM = 3900/12 = $325

Bonus: OCBC CPF Time Deposit
- 6 months at 3.5% p.a.
- Apply at branch only
- Total interest = 3.5% * $100K * 6/12 = $1750
- IPM = 1750/6 = $291

#Sponsoredby #Webull

[TheiPhoneCam]

Might be better to put your money in HSBC EGA for the 4.5% bonus interest promo for now, instead of fixed deposits

[octovanfoo]

The best fix deposit for short term low funds would be BOC/ICBC at 3.75% and for $30k would still be HSBC at 3.8%

[lohsionglim]

Timely video when I’m searching for best fixed deposit. Just subscribed to your channel.

[fynnneo]

OCBC after 12mths get 1750 and still need deduct the withdrawal fee and compare to cpf original %, how much net will get?

[spdbump]

Place 200k from OA, eligible for ocbc premier?