Fixed Deposit Placement
Learn how you can make Multi-currency Fixed Deposit Placements via digibank Online and digibank Mobile.
Important information
- Multi-currency Fixed Deposit(FD) allows you to place both SGD and Foreign currency FD within the same account.
- The minimum placement amount and period are:
- For SGD Fixed Deposit, the minimum amount is S$1,000, with a choice of tenors from 1 month onwards.
- For Foreign Currency Fixed Deposit, the minimum amount is S$5,000 equivalent, with a choice of tenors from 1 day onwards.
- For Premier Income Accounts, the minimum amount is S$10,000, with a choice of tenors from 6 months onwards.
- The placement (including interest) will be automatically renewed under auto-rollover basis, unless you provide us with other instructions.
- Interest rates for new placements and renewals in an SGD Fixed Deposit Account will be computed based on the total SGD Fixed Deposit balances, instead of each placement and/or renewal.
Example
-
My Fixed Deposit account has 2 placements which sum up to S$100,000 (S$30,000 + S$70,000). What is the applicable interest rate for each renewal?
The total Fixed Deposit account balance is S$100,000 (S$30,000 + S$70,000). Hence, interest rate corresponding to the $100,000 - $249,999 range will apply.
-
I have an existing placement of S$50,000 in my single name Fixed Deposit account and another S$50,000 in a joint Fixed Deposit account. What is the applicable interest rate for each renewal?
The placements are in different SGD Fixed Deposit accounts. Hence, interest rate corresponding to the $50,000 - $99,999 range will apply for each renewal.
-
My Fixed Deposit account has 2 placements which sum up to S$100,000 (S$30,000 + S$70,000). What is the applicable interest rate for each renewal?
How to make a Fixed Deposit placement
digibank Online
digibank Mobile
More information
- This service may be unavailable from 11.30pm to 3.00am daily, and on the last working day of the month from 8.30pm to 3.00am.
Related articles
Was this article helpful?
We welcome your feedback
Thanks for your feedback!
We’ll continue to work towards serving you better.
Need more help?
Contact support and we'll try to resolve your issue quickly.
Contact Customer Support