Dear readers, in a recent post, I have shared with readers the fixed deposit interest rates from Hong Leong Finance which were at 2.95% per annum. The interest rates have since been revised as of 19 Oct 23, and for higher fixed deposit interest rates!
As of 19 Oct 23, for a deposit amount of $50,000 and above, enjoy a 3.38% per annum for a 3-month holding period. For more information, visit Hong Leong Finance webpage here.
The latest fixed deposit interest rates from Hong Leong Finance is higher than some of what the largest banks in Singapore are offering to savers here: UOB’s latest fixed deposit interest rates of 3.10% per annum as well as OCBC’s fixed deposit interest rates of 2.70% per annum.
Also, 3.38% per annum from Hong Leong Finance is higher than the average 10-year interest rate of 3.32% from the latest Nov 2023 Singapore Savings Bonds! A very decent interest rates indeed!
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