Short answer: safe SGD yields rose a little this month. The 6-month T-bill closed at 1.92%, its highest this year, and the November Singapore Savings Bond averages 2.45% over ten years. CPF rates stay at 2.5% and 4% for October to December. Most bank bonus accounts did not change, but several promotions ended on 30 September.
We re-checked every Singapore product in our high-interest accounts finder on 4 October 2026. Here is the short version.
What changed since August
- 6-month T-bill: 1.56% → 1.92% (24 September auction, the previous auction was 1.70%).
- Singapore Savings Bond, November issue: 2.45% ten-year average, 1.67% in year one (the August figure was 2.25%). Apply by 9pm on 27 October.
- CPF unchanged for 1 October to 31 December: Ordinary Account 2.5%, Special, MediSave and Retirement Accounts 4%.
- HSBC Everyday Global Account has a new fresh-funds promotion from 1 October to 31 January 2027: up to 2.00% (register by 31 October).
- GXS Saving Pockets pay a limited-time 1.20% (normally 1.08%).
- Mari Invest Income fell to a 1.66% one-year return (31 July), down from about 4.5%. It is a bond fund, and its return moves with bond prices.
- Ended: the Chocolate Finance SG61 booster (30 September) and the Standard Chartered Bonus$aver bonus-period promotion. Standard Chartered JumpStart pays 0.50%; the 1.50% figure needs an investment with the bank.
The best rates by type
| Type | Product | Rate | Lock-in |
|---|---|---|---|
| Government | CPF Special / MediSave / Retirement | 4.00% | Until age 55 and beyond |
| Government | Singapore Savings Bond (Nov) | 2.45% (10-yr avg) | None, redeem any month |
| Government | 6-month T-bill | 1.92% | 6 months |
| Fixed deposit | HL Bank 24-month | 2.10% | 2 years, S$10k online |
| Fixed deposit | Singapura Finance 12-month | 2.08% | 1 year, S$10k-100k |
| Fixed deposit | HL Bank 6 or 12-month | 2.05% | 6-12 months, S$10k online |
| Cash, no lock-in | HSBC EGA fresh funds | Up to 2.00% | Promo to 31 Jan 2027 |
| Cash, no lock-in | Chocolate Finance | 2.0% on first S$20k | None |
| Bonus account | DBS Multiplier (income + 2 categories) | 2.10% | None, needs salary credit |
Which ones to look at
- Money you won't touch until retirement: CPF's 4% floor is still the highest risk-free SGD rate, and the floor has been extended to the end of 2027.
- Money you might need any month: the November SSB. At 2.45% it beats most fixed deposits, and you can redeem it in any month without a penalty.
- Six months to two years: HL Bank and Singapura Finance fixed deposits (2.05-2.10%) now pay more than the T-bill, and their rate is fixed when you place the deposit. The T-bill rate changes every two weeks.
- Everyday cash: if your salary already goes to DBS, OCBC or UOB, their bonus accounts pay 1.5-2.1% for little extra effort. Without a salary credit, HSBC's fresh-funds promotion and Chocolate Finance pay around 2%. Chocolate Finance is a managed fund, not an SDIC-insured deposit.
All rates are as published on 4 October 2026 and can change at any time. This is a summary, not financial advice. Compare all 60 Singapore products, with conditions and links, in the high-interest accounts finder, and track whatever you hold in Agni Folio.
