AUD Fixed Deposits

I searched the Internet to find out the interest rate on 3 month fixed deposit offered by various banks in Singapore.

        Small    Large
       deposit   deposit
ICICI   8.29%    8.34%
ANZ     7.58%    7.58%
RHB     7.3%     7.3%
DBS     6.99%    7.21%
UOB     6.38%    6.58%
HSBC    6.2%     6.5%

Note: Large deposit is usually for SGD 200,000 or more. But it differs according to the bank.

Tip: Source the internet to get an idea about the interest rate offered by the bank on the deposit. Usually, 3 month is a good period to invest, unless you wish to take a longer term view. You can convert your SGD to the foreign currency with a online stockbroker and transfer the foreign currency to the bank that offers the best interest rate.