It’s been quite a while since my last article on fixed deposits.
And I have been getting a couple of questions on the best place to park some spare cash today.
3 things I wanted to discuss today:
- What are the Top Fixed Deposit Rates in Singapore today (Feb 2025)?
- Why are T-Bills yields so much higher than fixed deposits?
- Where would I put my cash today?
Top Fixed Deposit Rates in Singapore offer 2.90% yield (Feb 2025)
The full table is further below in the article, but I’ve summarised the best interest rates for the 3-, 6- and 12-month tenures below.
Funnily enough the best fixed deposit rates all come from Bank of China.
But in terms of the interest rate curve – you can see how the 3 months tenure is the most attractive at 2.90%.
Which drops to 2.75% at 6 months, and 2.60% at 12 months – as the market price in interest rate cuts in 2025.
Frankly, this isn’t all that attractive, as there are much...
