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Anonymous

08 Jun 2021

Saving Hacks

Best fixed deposit account in Singapore

Hi, I have around 20k in my bank temporarily for the next 2 years. I am planning to get fixed deposit or insurance plan by dash PET. Therefore, I want to find out more about fixed deposit and which plan offers the best option?

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Tan Choong Hwee

08 Jun 2021

Investor/Trader at Home

You can use tools like the following to search for the best fixed deposit rates:

MoneySmart Fixed Deposit Search Tools

Dash PET gives 1.3% for 1st $10k and 0.3% for above $10k. So your $20k will yield 0.8% effectively. These rates are locked in for the 1st year, and may be different in the 2nd year.

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