Compare Fixed-Rate Deposits in Taiwan

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20 live offers compared from 17 providers, from NT$1.95. Updated daily.

What are fixed-rate deposits in Taiwan?

A fixed-rate (time) deposit (定期存款) in Taiwan locks a sum of money with a bank for a set term, from one month to three years, in return for a higher, guaranteed interest rate than a demand account. They are a mainstay of conservative Taiwanese saving, valued for capital safety and predictability. Deposits are available in New Taiwan dollars and foreign currencies (notably USD), with the foreign-currency versions offering higher headline rates but carrying exchange-rate risk.

How the Taiwan market works

Rates track the central bank's policy rate and rise with the term length. Depositors choose between a lump-sum time deposit and a regular-savings time deposit (存本取息 or 零存整付), and can select fixed or floating (機動) rates. Foreign-currency time deposits, especially in US dollars, are heavily marketed when USD rates exceed NT dollar rates, though the return must be judged after currency movement. Early withdrawal is allowed but forfeits part of the interest, and banks compete with promotional rates for new funds.

Benefits

Guaranteed return — The rate is fixed for the term, giving certain, predictable interest income.

Capital safety — Principal is protected and, for NT dollar deposits, CDIC-insured up to NT$3 million.

Higher rate than demand — Time deposits pay meaningfully more than instant-access savings.

Currency choice — USD and other foreign-currency deposits can offer higher headline rates for those accepting FX risk.

Flexible terms — Terms from one month to three years, with lump-sum or regular-savings structures, let you match the deposit to when you will need the money.

How to choose

Match the term to when you will need the money, since early withdrawal cuts the interest earned. Compare promotional rates for new deposits against standard rates, and decide between a fixed rate for certainty or a floating rate if you expect increases. For foreign-currency deposits, weigh the higher headline rate against the risk that a weaker currency at maturity erodes or reverses the gain. Check minimum deposit amounts and rollover terms.

Leading providers in Taiwan

All major banks offer competitive time deposits, including the Bank of Taiwan, CTBC Bank, Fubon Bank Taiwan, Mega Bank, First Bank (First Commercial Bank), Cathay United Bank and the Land Bank of Taiwan. State-linked banks are popular for large, security-focused deposits, while commercial banks and digital challengers run promotional new-money rates to attract savers.

What it costs

Fixed deposits pay you rather than cost you; NT dollar rates in this comparison sit around 1.95% for standard terms, with promotional and foreign-currency deals reaching higher. Minimum deposit amounts vary and can be substantial for the best promotional tiers, with some figures in this comparison reflecting large minimum balances rather than a fee. The main cost risk is the interest forfeited on early withdrawal.

Protections and regulation

Time deposits are supervised by the Financial Supervisory Commission (FSC), and NT dollar deposits are covered by the Central Deposit Insurance Corporation (CDIC) up to NT$3 million per depositor per bank. Foreign-currency deposits are also within the CDIC limit converted to NT dollars, but carry exchange-rate risk that insurance does not offset. Rate and term disclosures are standardised across banks.

Common questions

Can I withdraw early? Yes, but you forfeit a portion of the agreed interest, so the effective return falls.

Are USD deposits better? They often show higher rates, but the true return depends on the exchange rate at maturity.

Is my money insured? Yes; deposits are CDIC-insured up to NT$3 million per depositor per bank.

Fixed or floating rate? A fixed rate locks certainty for the term, while a floating (機動) rate moves with the central bank, better if you expect rates to rise during your deposit period.

Fixed-Rate Deposits in Taiwan — FAQ