** The promotion had ended on Nov 18th, 2022**
Too good to be true.
I had placed S$60,000 fix deposit so far to enjoy this 3.80% p.a. interest for 5 months.
For such a short tenure period of 5 months, DBS bank is giving out the Fix Deposit interest rate of 3.80% per annum (of course la). Such good rate usually only available for long tenure months like 18 months, 24 months.
Minimum placement: S$20,000.
You can just transfer the monies from saving account to fix deposit account, no fresh funds required.
Do remember to key in the promo code to enjoy the good rates.
SR7M for 5 months fix deposit rate of 3.80% p.a.
SR4M for 3 months fix deposit rate of 3.50% p.a.
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