RHB Singapore is offering an interest rate of 4.28% per annum for its 12-month fixed deposit. The rate, which is one of the highest in the market, and slightly higher than the 12-month treasury bill (T-bill) offered by the Singapore government, is offered exclusively at RHB’s refreshed branch and Premier Centre at Cecil Street.
Customers will also be able to get up to $2,888 in cash credits when they purchase insurance policies.
The offer for the bank's 12-month fixed deposit is till Jan 31 while the $2,888 cash credit offer will last till Feb 28.
"The exclusive 12-month fixed deposit promotional rate, available only at our Cecil Branch & Premier Centre, is definitely a draw as we aim to remain among the top banks offering the best savings and fixed deposit rates in Singapore for our clients," says Coreen Kwan, RHB Singapore’s head of retail banking.