With the festive spirit of the Chinese New Year , it’s not just red envelopes that offer potential rewards. Fixed deposits, typically associated with stability and predictability, also provide financial growth during this celebratory season. While the fixed deposit rates experienced a peak of 4% in Jan 2023, subsequent fluctuations have led many to explore alternative investment avenues.
However, MoneySmart reports that several banks continue to offer competitive rates, with some requiring minimum deposits as low as S$500. This Year of the Dragon, consider these best-fixed deposit rates in Singapore for Feb 2024 to secure your financial future
Fixed Deposit Chinese New Year Financial Growth Singapore Competitive Rates
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