HSBC Singapore is running promotional SGD Time Deposit rates through 30 September 2026, with Premier Elite customers able to earn up to 2.00% p.a. on a six-month placement of at least S$30,000 in fresh funds via the HSBC Singapore App.
Premier Elite and Personal Banking rates
For Premier Elite customers the published promotional rates are 1.60% p.a. for three months and 2.00% p.a. for six months (9-month 1.30% p.a.; 12-month 1.35% p.a.).
Personal Banking customers see 1.60% p.a. for three months and 1.80% p.a. for six months on the same fresh-funds promotion (9-month 0.90% p.a.; 12-month 0.95% p.a.). Premier customers with wealth holdings or Premier FX Engaged status also show 1.80% p.a. on the six-month tenor on the bank’s table.
Fresh funds, minimum and channel
The promotion covers 3-, 6-, 9- and 12-month SGD Time Deposits with a minimum of SGD30,000 in fresh funds. HSBC asks customers to place through the HSBC Singapore App for the promotional rates. Placements outside the app go through branches or a relationship manager at the rates then offered.
A standard Time Deposit Account still needs an existing HSBC deposit account and a board-rate minimum of SGD5,000; the S$30,000 fresh-funds floor is the promotional hurdle. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per Scheme member.
