Dear readers, interest rates are now very favourable for savers with a slew of good fixed deposit interest rates from banks.
In this post, let us turn our attention to three banks offering fixed deposits with 2.2% to 2.3% per annum but with different terms and conditions.
UOB is offering a 2.3% per annum interest, till 31 Aug 22, for minimum deposit of $20,000 for a tenor of 15-month. As stated on UOB’s webpage, the fresh fund placement must be made via UOB Personal Internet Banking website.
MayBank offers a similar fixed interest promotion as UOB: 2.3% per annum interest for a 15-month tenure fund deposit of $20,000 minimum placement, more details here
Hong Leong Finance offers a 2.23% per annum interest for deposit of $50,000 and above for 18 months. For more details, visit Hong Leong Finance’s webpage now.
OCBC Bank offers a 2.3% per annum interest for a minimum of $20,000 in fresh funds for a tenor of 24 months. Visit OCBC webpage for more details.
Standard Chartered Bank is having a Aug 2022 promotion for fixed deposits. Enjoy a 2.20% per annum interest or 2.30% per annum interest (Priority Banking Preferential Rate) for a minimum placement of $25,000, more details here.