Free Personal Savings Account Comparison
Standard Chartered Bonus Saver
Best account for S$75k savings + salary deposit + credit card spend + investment or insurance product purchased with bank
Interest Rate
7.88%
Minimum Initial Deposit
$3,000
- Inclusive of 0.33% bonus interest for at least 3 bill payments made online
- 21 years old and above
- Fee below-free chargeable if minimum average daily balance falls below S$3,000
OCBC 360
Best account for S$75k savings + salary deposit + credit card spend + investment or insurance product purchased with bank
Interest Rate
7.65%
Minimum Initial Deposit
$1,000
- Increase average daily balance by at least S$500 monthly
- 16 years old and above
- Minimum initial deposit of S$1,000
UOB One
Best account for S$100k savings + salary deposit + credit card spend
Interest Rate
5%
Minimum Initial Deposit
$1,000
- 16 years old and above
- Minimum initial deposit of S$1,000
DBS Multiplier
Most flexible for using different transactions to earn bonus interest
Interest Rate
4.1%
Minimum Initial Deposit
$3,000
- Total eligible transactions per month of S$2,500 to S$5,000
- 16 years old and above
- No initial deposit required
Standard Chartered eSaver
Fresh funds promo
Interest Rate
3.6%
Minimum Initial Deposit
$1,000
- Bonus interest only paid on fresh funds
- Bonus interest only applicable until 31 March 2024
Trust Bank
Digital bank with attractive card rewards. Lowest Requirements.
Interest Rate
3%
Minimum Initial Deposit
$0
- At least 18 years of age
- Interest rate includes bonus interest rate of 1% p.a. for union member with 5 eligible card transactions
CIMB FastSaver
Best fuss-free account for S$575k savings
Interest Rate
2.5%
Minimum Initial Deposit
$1,000
- 16 years old and above
- Minimum initial deposit of S$1,000
- Maintain or increase your month-end balance
MariBank
No-frills digital bank offering decent interest rate
Interest Rate
2.88%
Minimum Initial Deposit
$0
- At least 18 years of age
GXS
No-frills digital bank offering decent interest rate
Interest Rate
1.88%
Minimum Initial Deposit
$0
- At least 18 years of age
- Savings must be deposited into savings pocket to earn 2.68% p.a. interest rate
HSBC Everyday Global Account
Global account with competitive interest rates
Interest Rate
2.0%
Minimum Initial Deposit
$0
- At least 18 years of age
