If you are struggling to choose where to park your money, then you should continue to read on. The Telegram community has shown keen interest in a few instruments instruments – fixed deposit accounts, regular deposit accounts, T-Bill and Singapore Savings Bond (SSB). The best 6-month fixed deposit rate we found was 3.60% p.a., which is below the cut-off yield of the latest 6-month T-bill auction.offered by RHB and HL Bank, and the best 3-month fixed deposit rate we found was 3.50% p.a. The best 12-month fixed deposit rate we found was 3.60% p.a.Hong Leong Finance is also offering a promotional 11-month fixed deposit rate to 3.48% per annum. For example, Citibank raised its 3-month fixed deposit rate to 3.50% per annum.Banks in Singapore have raised their interest rates on fixed deposit accounts in November 2023.
