Make your savings work smarter and harder
With an HSBC Time Deposit Account, you can make your savings go further. Simply place a deposit amount, choose a term that works for you, and start earning interest.
Why choose an HSBC Time Deposit Account?
Time Deposit Promotions
Limited time offer
Up to 1.50% pa on 3-month SGD Time Deposits with a minimum deposit of SGD30,000 in fresh funds.
Please refer to the HSBC Singapore App for applicable promotional time deposit interest rates ("Promotional Rate").
From now till 31 January 2026, for placements that are not made through the HSBC Singapore App, the applicable Promotional Rates[@sgd-time-deposit-promotion-terms] are as follows:
| Tenure | Promotional Rate |
|---|---|
| 1-month | 1.10% p.a. |
| 3-month | 1.50% p.a. |
| 6-month | 1.25% p.a. |
| 12-month | 1.25% p.a. |
| Tenure | 1-month |
|---|---|
| Promotional Rate | 1.10% p.a. |
| Tenure | 3-month |
| Promotional Rate | 1.50% p.a. |
| Tenure | 6-month |
| Promotional Rate | 1.25% p.a. |
| Tenure | 12-month |
| Promotional Rate | 1.25% p.a. |
| Tenure | Promotional Rate |
|---|---|
| 1-month | 1.10% p.a. |
| 3-month | 1.50% p.a. |
| 6-month | 1.25% p.a. |
| 12-month | 1.25% p.a. |
| Tenure | 1-month |
|---|---|
| Promotional Rate | 1.10% p.a. |
| Tenure | 3-month |
| Promotional Rate | 1.50% p.a. |
| Tenure | 6-month |
| Promotional Rate | 1.25% p.a. |
| Tenure | 12-month |
| Promotional Rate | 1.25% p.a. |
| Tenure | Promotional Rate |
|---|---|
| 1-month | 0.75% p.a. |
| 3-month | 0.85% p.a. |
| 6-month | 0.85% p.a. |
| 12-month | 0.85% p.a. |
| Tenure | 1-month |
|---|---|
| Promotional Rate | 0.75% p.a. |
| Tenure | 3-month |
| Promotional Rate | 0.85% p.a. |
| Tenure | 6-month |
| Promotional Rate | 0.85% p.a. |
| Tenure | 12-month |
| Promotional Rate | 0.85% p.a. |
| Tenure | Promotional Rate |
|---|---|
| 1-month | 0.70% p.a. |
| 3-month | 0.80% p.a. |
| 6-month | 0.80% p.a. |
| 12-month | 0.80% p.a. |
| Tenure | 1-month |
|---|---|
| Promotional Rate | 0.70% p.a. |
| Tenure | 3-month |
| Promotional Rate | 0.80% p.a. |
| Tenure | 6-month |
| Promotional Rate | 0.80% p.a. |
| Tenure | 12-month |
| Promotional Rate | 0.80% p.a. |
Things you need to know
Before you get started, you'll need to:
- Have an HSBC deposit account before you can open an HSBC Time Deposit Account
- Place a minimum deposit of SGD5,000 into the HSBC Time Deposit Account
How to apply via the HSBC Singapore app
The easiest way to open an account
- Select 'Time Deposit' on the 'Home' tab
- Choose your debiting account, deposit amount, currency, tenure and maturity instructions - you'll then see the interest rate, interest amount and what you'll receive at the end of your term
- Select 'Continue' and open your account
Ready to get started?
New to HSBC and living in Singapore?
You can apply for an Everyday Global Account (EGA) first via the HSBC Singapore App if you don't already have a credit card, bank account, mortgage or insurance with us.
Scan the QR code to apply.
Already an HSBC customer?
Log on to the HSBC Singapore App or Online Banking to make a deposit.
Other ways to apply
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Important notes
Premature withdrawal of any time deposit is subject to the HSBC account user agreement (PDF). Please note that premature withdrawal charges may apply if your time deposit is not held to maturity. As a result, you may receive less than the original time deposit placement amount. For all premature withdrawal of the time deposits, interest payments (if any) will be calculated at our discretion.
Deposit Insurance Scheme
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 by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.