Are you looking for the best fixed deposit rates in July 2025? Despite falling fixed deposit interest rates across all banks, there are still a few banks that offered higher and attractive fixed deposit interest rates as compared to other banks. The returns offered by latest issue of Singapore Savings Bond was lacklustre as well. In this post, I will share the best fixed deposit rates that I found in Singapore. If you had observed, the SORA has been on the downtrend over the past 3 months. While SORA is a key benchmark, I wanted to share that fixed deposit rates are not directly pegged to it in a simple way. Banks determine their own base interest rates, which may be influenced by overall market interest rate trends that SORA reflects. Do you know what is SORA? Many years ago, SORA has replaced the Singapore Interbank Offered Rate (SIBOR), and Swap Offer Rate (SOR) as the key interest ...