DBS fixed deposit rates today

We read DBS’s fixed deposit page every day at 9:35 am and 3:35 pm, with 16 other banks and finance companies. All banks side by side

On S$50,000 for 12 months: $25 at its board rate (0.05%) and $1,150 at the highest deal anywhere (CIMB, 2.30%). Your own amount

This page covers DBS and POSB together: POSB is part of DBS Bank, and the two banks’ rate pages show the same Singapore-dollar fixed deposit rates (see DBS and POSB).

Every DBS fixed deposit rate

DBS has no fixed deposit promotion on its rates page today, only its board rates. They are set by term and by the total in your fixed deposit account, not by each placement. Here is every rate on DBS’s page, as we read it today.

Fixed deposit board rate

New placements up to 12 months. The rate is set by your total SGD fixed deposit balance at DBS, not each placement.

% a year. Read 3:35 pm, 5 Nov 2026 from DBS’s page, which dates these rates 5 Nov 2026. A dash means no rate for that term and amount.

DBS’s page also lists rates for 18 to 60 months, but says it takes new placements only for 12 months or less; the longer rates apply only when an existing deposit of that term renews, so they are left out here. DBS says its rates are indicative and apply to individual accounts only.

Why S$20,000 in total matters

Since 21 May 2020, DBS has worked out the rate for each new placement or renewal from the total of all your placements in your Singapore-dollar fixed deposit account, new and existing. DBS’s own example: with S$19,999 already placed, a new S$40,000 placement takes the total to S$59,999, so it gets the rate for S$50,000 to S$99,999. And with two placements of S$30,000 and S$70,000, each renews at the rate for S$100,000 to S$249,999. Today, the line that matters most is S$20,000:

From DBS’s fixed deposit page (its questions on total balance) and the note on its rates page, checked 24 Oct 2026. DBS’s account terms say it may set each rate by your total, and a later placement or renewal may get a lower rate than your first (Section C, clause 1.5 of the Terms and Conditions Governing Accounts, 1 Oct 2026). The 21 May 2020 date is from a note on an Internet Archive copy of DBS’s rates page.

How to place a DBS fixed deposit

1. Open a fixed deposit account in the digibank app, if you don’t have one: tap More, then Deposit Accounts under Apply, then Fixed Deposit Account. You must be 16 or older, and you can have only one personal fixed deposit account.
2. To place, go to Deposits in the app, tap your fixed deposit account, then Place Fixed Deposit. Pick the account the money comes from, the amount and the term.
3. Choose what happens when it ends (see below), review and tap Place Now.

From DBS’s fixed deposit page and deposit guide, checked 24 Oct 2026. The minimum is S$1,000 for 1 month or longer (S$1 million for less than a month). Singapore-dollar placements can be made from 3 am to 11.30 pm every day, and until 8.30 pm on the last working day of the month.

When your DBS deposit ends

DBS says it plainly: unless you give other instructions at least 1 working day before the end, in digibank, the deposit and its interest renew for the same term at the rate of the day, and that rate is set by your total. You can’t change the instructions on the day it ends. If the account the money was meant to go to is closed by then, the deposit renews too.

Your deposit

Total in your DBS fixed deposits

S$

For1 month2 months3 months4 months5 months6 months7 months8 months9 months10 months11 months12 months

DBS has no 12-month promotion for this amount: 0.05%, or $25.

The highest deal anywhere for this amount and term is 2.30% at CIMB (online · S$10,000+): $1,150, or $1,125 more.

For a total below S$20,000 in your DBS fixed deposit account, the 12-month rate is 1.00%.

From DBS’s help page on changing maturity instructions, checked 24 Oct 2026. The reminder above is set a week before the end date, so you have time.

If you need the money back early

You can withdraw a Singapore-dollar fixed deposit early in digibank online, but not on the day it ends or the day before. DBS pays interest on it at its lowest applicable deposit rate, and digibank shows the interest you would get before you confirm. DBS’s terms add that it may charge an early termination fee, and that you could get back less than you put in (Section C, clause 2.3). Deposits placed with SRS money can’t be withdrawn early through digibank.

From DBS’s help page on early withdrawal and its account terms, checked 24 Oct 2026.

Where DBS ranks for your amount

Put in your amount and term and untick what you can’t do. DBS is marked in the list. For DBS, the amount that sets the rate is your total, including what is already placed.

Your deposit

Amount

S$

For1 month2 months3 months4 months5 months6 months7 months8 months9 months10 months12 months15 months18 months24 months36 months

You can

Bring new money to the bank (“fresh funds”) Place it in the bank’s app or website Open an account with a new bank Use a priority or premier tier you have

DBS is number 13 of 14 for this.

1. 1

   CIMB Online promotion

   online · S$10,000+ · board rate 0.30%

   2.30%+$1,150

2. 2

   Maybank Deposits Bundle

   fresh funds · 2.40% on the deposit, S$1,000 kept in savings per S$10,000 · S$22,000+ · checked by hand 2 Nov · board rate 0.35%

   2.19%+$1,095

3. 3

   Bank of China Mobile banking promotion

   in the app · S$20,000+

   2.10%+$1,050

4. 4

   HL Bank Promotion (online)

   online · S$10,000+

   2.10%+$1,050

5. 5

   RHB Fixed deposit promotion

   S$20,000+ · checked by hand 2 Nov

   2.10%+$1,050

6. 6

   Singapura Finance Counter promotion being checked

   at a branch · S$20,000+

   2.08%+$1,040

7. 7

   Hong Leong Finance HLF Digital promotion

   online · S$20,000+

   1.90%+$950

8. 8

   OCBC Promotion (online) being checked

   online · fresh funds · S$20,000+ · board rate 0.10%

   1.85%+$925

13. 13

    DBS Fixed deposit

    S$20,000 to S$999,999

    0.05%+$25

Interest on S$50,000 at the end of 12 months, simple interest as banks pay it on fixed deposits; no tax for individuals in Singapore. 5 more banks pay less. Rates change often: confirm on the bank’s page before you place. Not advice.

DBS against OCBC, UOB and Maybank

What each bank pays on S$50,000 of fresh funds placed online, with no banking tier; the board rate is for S$50,000 too. Other amounts can differ a lot: try yours. Every bank and its conditions

Email me when DBS has a promotion

One email when DBS or POSB starts a fixed deposit promotion, with its rates and what it needs. Nothing while there isn’t one.

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Without leaving DBS

If you would rather keep your money at DBS, T-bills and Singapore Savings Bonds can be bought through it. Here is what each pays today, next to DBS’s fixed deposit rate:

T-bill and Savings Bond rates are MAS’s, from our T-bill and Savings Bond pages; fixed deposit rates are the banks’ own, read 5 Nov 2026. A T-bill’s cut-off yield is worked out on its face value; on the money you pay it is a little higher (our T-bill page shows the sum). Interest from all of these is not taxed for individuals in Singapore.

• T-bills and Savings Bonds with cash: apply in digibank online, the digibank app or at DBS and POSB ATMs. For T-bills, applications open at 6 pm on the announcement date and close at 9 pm one business day before the auction; for Savings Bonds, from 6 pm on the first business day of the month to 9 pm on the fourth-last business day.
• With SRS money: if your SRS account is with DBS, you can apply for both in digibank in the same windows. DBS also lists fixed deposits among the things SRS money can go into; an SRS account itself earns 0.05% a year, says DBS.
• With CPF money: holders of a DBS CPF Investment Account can apply for T-bills with Ordinary Account money in digibank; Special Account applications are made at a DBS or POSB branch.

From DBS’s Singapore Government Securities page and SRS page, checked 24 Oct 2026. How T-bills and Savings Bonds work, and what they cost to apply for, is on our T-bill and Savings Bond pages. A T-bill pays back on a set date and can only be sold before then at the market price; a Savings Bond can be cashed in any month.

DBS’s rates since 2014

DBS’s 12-month rate is set by the total in your fixed deposit account. For a total below S$20,000, it pays 1.00% today; the highest in the copies we found was 3.20%, on 21 Mar 2023 (POSB’s page). For a total S$20,000 and above, it pays 0.05% today; the highest in the copies we found was 1.40%, on 19 Jul 2019.

From copies of DBS’s fixed deposit page saved by the Internet Archive, about one a month since Oct 2014; each date links to its copy, so you can check it. Copies that show the same rates are joined into one row. A change that came and went between two copies is not here. DBS’s page stopped carrying its rates in the page itself in 2020; copies since then fill the table by script, which the Internet Archive didn’t save, so they are empty. POSB’s page, which shows the same rates today, kept them in the page until March 2024; those copies are marked POSB. Since 24 Oct 2026 we also save a copy whenever a rate changes.

What changed at DBS

DBS has not changed a rate since we started reading its page on 24 Oct 2026. Changes show here the day we see them.

DBS and POSB

POSB is part of DBS Bank: both banks’ pages are published by DBS Bank Ltd (company registration number 196800306E), and one set of account terms “will govern your Accounts with DBS Bank and POSB” (clause 1.1). Today POSB’s fixed deposit rates page shows the same rates as DBS’s for every term and amount; we read both twice a day and will say here if they ever differ. POSB’s page lists terms of 1 to 12 months.

Insured up to S$100,000

DBS is a member of the Deposit Insurance Scheme (as DBS Bank). If it failed, the Singapore Deposit Insurance Corporation would pay back up to S$100,000 of your Singapore-dollar deposits with it, fixed deposits and savings added together. POSB is the same member, so the S$100,000 covers your deposits at both together.

From SDIC’s list of members, checked 24 Oct 2026. Foreign-currency deposits are not insured. More on deposit insurance

SDIC’s list has one member for both, DBS Bank Ltd, and POSB’s own deposit insurance page lists DBS and POSB accounts together (checked 24 Oct 2026). Singapore-dollar money under the CPF Investment Scheme is insured separately, up to S$100,000 for each depositor per member.

What DBS doesn’t say

We read DBS’s rates page, its fixed deposit page and questions, its help pages on renewal and early withdrawal, its deposit guide and its account terms. These things are not in any of them:

• What its “lowest applicable deposit rate” is. That is what an early withdrawal earns, but no rate is named, and DBS gives no amount or formula for the early termination fee its terms allow.
• Whether a POSB placement and a DBS one count as one total. DBS says you can have only one personal fixed deposit account, which suggests they do; ask DBS before you rely on it.
• Its CPF fixed deposit rate. CPF Board lists DBS as a fixed deposit bank under the CPF Investment Scheme, and DBS’s terms mention placements from a CPF Investment Account (Section C, clause 1.4), but none of the pages we read show a rate.
• Separate rates for DBS Treasures customers. We found none published; the address of a Treasures fixed deposit rates page leads to the Treasures home page.

Checked 24 Oct 2026. If DBS publishes any of these, we will add it here and say so under changes to this page.

More on this topic

Singapore interest rates

• T-bill rates and auction results
• Singapore Savings Bond rates
• SORA today: 1-month and 3-month Compounded SORA
• Fixed deposit rates in Singapore today, bank by bank
• UOB fixed deposit rates today
• OCBC fixed deposit rates today
• Maybank fixed deposit rates today
• CPF interest rates: OA, SA, MediSave and RA this quarter
• CPF contribution rates 2026 and 2027: every age, and what changes on 1 January
• CPF retirement sums 2026: BRS, FRS and ERS, which are yours, and every year since 2003
• USD fixed deposit rates in Singapore today
• Chocolate Finance rates today: SGD and USD
• Where to put your cash: T-bills vs Savings Bonds vs fixed deposits vs CPF, on your amount
• T-bill calculator
• SSB calculator

Questions people ask

How we get these numbers

Twice a day, at 9:35 am and 3:35 pm, a script on our own server opens each bank’s and finance company’s fixed deposit page, the same page you would see, and reads every rate, term, amount band and condition on it. 13 of 17 pages read cleanly on the last run.

A read is held instead of published if anything looks off: the page’s layout changed, a rate moved more than 0.5 points at once, a deal vanished, or the page did not load. The last good rates then stay up, marked “being checked”, until we have looked at the bank’s page ourselves. A bank still held after 14 days moves to “check by hand”.

Sing Investments & Finance blocks automatic reads, so we link to their pages instead of guessing.

Maybank’s promotion page also refuses automatic reads, so its Deposits Bundle and time deposit promotion are checked by hand every week and marked “checked by hand”; they stop showing after 14 days without a check. Its iSAVvy and board rates are read automatically. RHB’s site refuses our reader too, so its fixed deposit promotion is checked by hand in the same way.

We rank by the rate the bank publishes (or its own stated effective rate, where a bonus is paid at the end or part of the money must sit in a savings account), and show the conditions next to every rate. No bank pays to be listed, and the order is never changed by hand.

• DBS’s rates come from its rates page and POSB’s from its own, read twice a day with the other banks on our fixed deposit rates page.
• Past rates come from copies of DBS’s and POSB’s rates pages saved by the Internet Archive, each linked in the table above; whenever a rate changes, we ask the Internet Archive to save a fresh copy.
• This page shows numbers, not advice on where to put your money. See our disclaimer, how we get our numbers and corrections.

Disclosure: the editor, Jeremiah Say, has no fixed deposits. Numbers.sg is not paid by any bank or finance company, and there are no affiliate links on this page.

Rates are the bank’s own published figures, read from the page linked above. Numbers.sg is independent and is not endorsed by any bank.

Changes to this page

1. 24 Oct 2026

   DBS and POSB fixed deposit rates: every rate read from both banks’ own pages twice a day, why the total in your DBS fixed deposit account sets the rate (today S$19,999 earns 1.00% for 12 months, S$20,000 earns 0.05%), DBS’s written rules on renewal and early withdrawal with a calendar reminder, what T-bills and Savings Bonds bought through DBS pay, DBS’s rates since 2014 from Internet Archive copies, and an email when DBS or POSB starts a promotion. See DBS’s rates