Looking for the best fixed deposits in November 2020 in Singapore? If you have 50K, you should read my previous post on Where Will You Put 50K? before you jump straight into Fixed Deposits. Fixed Deposit or Singapore Savings Bonds? Forget about the Singapore Savings Bonds. The 1 year interest rate for December 2020 Singapore Savings Bonds has fallen as low as 0.24%, thus any of the fixed deposits promotion below will beat the Singapore Savings Bonds. The Alternatives – Short Term Endowments I have shared many other financial instruments that is similar to what fixed deposits can offer.  One good alternative is buying a short term endowment plan. Endowment plans guarantee your capital upon maturity which is similar to what fixed deposits offer. Most of the short term endowment plans are on limited tranche basis. At the point of writing, the 10th Tranche of China Taiping i-Save (1.96% for 3 years) is fully subscribed....