![]() To check the latest rates and news, please access the official webpage HSBC fixed deposit rates. #Note: HSBC fixed deposit promotion rates are till 30 November 2023. SGD fixed deposit rate might be different from USD FD - foreign currency FD Comparison - Fixed deposit rates in different terms While you can withdraw your money from fixed deposits, if you withdraw before the tenure is up, you may incur early withdraw penalties and/ or even earn less interest or no interest at all. ![]() One key difference between fixed deposit rates and other types of interest rates is that they are typically higher than savings account rates due to the longer-term commitment involved. Also, some of them may have minimum deposit amount. The rate is usually fixed for a specific period of time and is guaranteed, meaning the depositor will receive the agreed-upon rate regardless of any changes in market conditions. Indicates 5 Banks' fixed deposit rates (as of 1 November 2023) in Singapore with SGD currency, including DBS, HSBC, ICBC, UOB, CIMB and their promotion interest rates, highlighting their deposit rate in period of 1-month, 3-month, 6-month, 9-month, 12-month.Ī fixed deposit rate (also known as time deposit rate) is an interest rate that a bank or financial institution pays to a depositor of a fixed deposit account holder.
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