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Best Fixed Deposit Rates in February 2025
By My Sweet Retirement  •  February 12, 2025
Are you looking for the best fixed deposit rates in February 2025 that can beat the latest issue of Singapore Savings Bond and SGS T Bills? The latest issue of SSB (SBMAR25 GX25030N) is 2.97% if you held it for 10 years and 2.83% per annum if you hold it for only one year. The latest closed issue of SGS T Bill (BS25102Z) offered a cut off yield of 3.04% per annum. To find out if the best fixed deposit rates in February 2025, I polled the fixed deposit rates offered by the usual banks in Singapore to share them with you further below. Before you scroll down further, do you know what are fixed deposits? Fixed deposits are sometimes also termed as time deposits. Fixed deposits or time deposits are a type of investment offered by banks and financial institutions where an individual deposits a sum of money for a fixed period of time at a pre-determined interest rate....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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