Are you tired of watching your savings dwindle in low-yield accounts?
DBS’s Fixed Deposit Promotion 2022 is here to save the day! With unbeatable interest rates and flexible tenures, it’s time to lock in your financial future with confidence.
Unbeatable Interest Rates
DBS is offering market-leading interest rates to help you maximize your returns. Here’s a sneak peek:
| Tenure | Interest Rate |
|---|---|
| 6 months | 2.00% p.a. |
| 12 months | 2.50% p.a. |
| 24 months | 3.00% p.a. |
| 36 months | 3.50% p.a. |
Flexible Tenures
Choose a tenure that suits your financial goals, from short-term savings to long-term investments. With DBS, you have the freedom to customize your deposit to align with your unique needs.
Benefits of DBS Fixed Deposits
- Guaranteed returns: Lock in your interest rates for the entire tenure, ensuring steady returns without any market risks.
- Secure investment: Your deposits are fully guaranteed by the Singapore Deposit Insurance Corporation (SDIC) up to S$75,000.
- Hassle-free experience: Open and manage your Fixed Deposit account online in just a few clicks.
How to Apply
Applying for a DBS Fixed Deposit is as easy as 1-2-3:
- Visit any DBS branch or go online to apply.
- Select your desired tenure and interest rate.
- Fund your account using cash, check, or electronic transfer.
Don’t miss out on this incredible promotion! Secure your financial future with DBS Fixed Deposit Rate Promotion 2022 and start earning exceptional returns today.
Interest Rate Comparison
Compare DBS’s interest rates with other banks and see the difference for yourself:
| Bank | 6-month Fixed Deposit | 12-month Fixed Deposit |
|---|---|---|
| DBS | 2.00% p.a. | 2.50% p.a. |
| Bank A | 1.50% p.a. | 2.00% p.a. |
| Bank B | 1.80% p.a. | 2.20% p.a. |
As you can see, DBS offers consistently higher interest rates, giving you the best value for your money.
FAQs
1. Is my fixed deposit guaranteed?
Yes, your fixed deposit is fully guaranteed by the Singapore Deposit Insurance Corporation (SDIC) up to S$75,000.
2. Can I withdraw my fixed deposit before the maturity date?
Premature withdrawal is not permitted. If you withdraw your deposit before the maturity date, you will forfeit the accrued interest.
3. What is the minimum deposit amount?
The minimum deposit amount for a DBS Fixed Deposit is S$1,000.
4. Can I open a joint fixed deposit account?
Yes, you can open a joint fixed deposit account with up to two other individuals.
5. How do I open a fixed deposit account online?
Visit the DBS website, log in to your account, and follow the instructions under “Investments” > “Fixed Deposits.”
6. What types of tenures are available?
DBS offers tenures ranging from 6 months to 36 months. Choose a tenure that suits your investment horizon.
7. Can I make multiple deposits into my fixed deposit account?
Yes, you can make additional deposits into your fixed deposit account during the tenure. However, each deposit will be treated as a separate fixed deposit with its own maturity date.
8. What happens at the end of the tenure?
At the end of the tenure, the principal and accrued interest will be credited to your designated bank account. You can also choose to renew your fixed deposit at the prevailing interest rate.
