Business & Finance Investing & Financial Markets

Compare Fixed Deposit Rates in Singapore - Benefits

There are lot of banks in Singapore offering fixed deposit investment options for the investors.
If you compare the fixed deposit rates and if you spot the best fixed deposit rates in Singapore, then you can earn more returns for your investments.
Some of the rates for the various fixed deposit schemes are:
  • Citibank, Marine Parade Road, Singapore - 0.
    35%
  • DBS, Singapore - 0.
    45%
  • HSBC, Tampines Branch, Singapore- 0.
    48%
  • Maybank, Marine Parade Central, Singapore - 0.
    75%
  • OCBC, Singapore - 0.
    55 %
The fixed deposit rates vary from 0.
35% to 0.
75% from various banks.
These interest rates vary periodically.
So you have to check the latest rates from the bank website or from related websites.
Some banks offer high rates with some terms for investments like the minimum deposit amount should be higher or the minimum time period of investment will be higher.
Benefits of comparing the rates: There are many benefits if you compare the rates from various banks.
Some of them are:
  • You can spot the good rates and get good returns for your investments.
  • If you read all the terms and conditions of investments while comparing, you could spot any hidden cost or any other terms which might not suit your investments.
    So instead of approaching the bank for any problem in future, you can avoid it at the early stages before investing.
  • Some banks offer high interest rates.
    This would be beneficial for the investors who have a lot of money and can invest it for a long period of time.
    So if you compare the investment schemes offered by various banks, you might be able to spot the best investment option for your funds.
    By this way you can work smarter and EARN MORE MONEY.
Next Step: Start comparing the various rates.
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