The 12-month rate is 2.6 per cent, likely the highest in town as of Monday (Sep 5) when CNA did a check across various banks. UOB has been among the more aggressive banks, adjusting its fixed-deposit promotions monthly and offering one of the highest rates across a variety of tenor options so far.įor September, the promotional rate for a 10-month fixed deposit is 2.4 per cent, up from last month’s 1.6 per cent. Unlike regular savings accounts, customers cannot withdraw this money before the so-called “lock-in” duration is over. Most lenders require minimum placements of S$20,000 for these promotional rates.Ī fixed deposit, otherwise known as a time or term deposit, allows one to earn a guaranteed amount of interest for a lump sum of money deposited with a bank over a specified duration. Several banks in Singapore have rolled out promotions, with this month’s rates going as high as 2.6 per cent for a 12-month fixed deposit and 2.7 per cent for 24 months. SINGAPORE: Thinking of parking some money in a fixed deposit? Good news – as interest rates for both loans and savings accounts rise, fixed deposit rates are increasing too.
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Is this ethnic/racial profiling? Wouldn't of it been better for this women to come the front and specify which customer such as the customer presently at the counter. Once my pizzas were done, he brings them to the front and yells to the back in Spanish whose pizzas are these and the woman who took the order yells back for the chinos. How sanitary would you that and I guess it's normal for them to do this as no one complained only my kids pointed this out to me. He went back to the counter were they prepare the pizzas and proceeded not to make pizzas, but start eating right at the food preparation table and in front of the customers. Preparing food and handling cash is not so sanitary he wasn't even wearing a glove. The women who took my order walked away and a guy came to the front and handed out an order he just finished preparing and took the payment for it. It was a little busy at this store I ordered 2 pizzas and had to wait a few minutes for it. 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