First some clarifications: Fixed Deposit is not for real investment.  My review on Singapore's FD is limited to S$50,ooo and below; and tenure term not exceeding 12 months.  Fixed Deposit is for parking the emergency fund and allowing immediate access to the fund when needed.  These are also based on the following considerations: 1. Singapore's Deposit Insurance Scheme maximum coverage up to S$50,ooo only. 2. Long tenure term will potentially affect your cash-out value for your emergency fund, as you may suffer a penalty fee for early withdrawal. Back to the update:  With all the talks about higher interest rates, the FD interest rates in Singapore do move slowly higher since my last update in February (highest was 1.18% back then).  The highest interest rate in the market now is 1.368% p.a., offered by Singapura Finance: Singapura Finance  The promotional interest rate is 1.......