We use cookies to give you the best possible experience on our website. Most of the banks in Singapore offer attractive features such as multi-currency accounts, internet banking, credit cards, trade financing, freedom to move funds across countries, and more. If you want a bank account that rewards you with cashback on your debit card spending, the SuperSalary account should suit your needs, provided that you use the bank account to credit your salary. Max Current Account. COVID-19 support Close. Learn more. Best Business Bank Accounts in Singapore: DBS, OCBC, or UOB? Personal account for savings and investment. If you want to open an account here, you will need to visit the bank in-person however, which is why Singapore does not rank higher on our list. What are some of the best high interest savings accounts in Singapore? Get up and going in Singapore in one go. Best bank accounts for arranged overdrafts. Avoid expensive bank account charges with our table of the best current accounts if you use an authorised overdraft. Learn more. Anyone above 18 years old. Learn more. Multiple ways to transact. Then we suggest that you try the best savings accounts in Singapore. We're here to help. Make every day easier with PayLah! Best packaged bank accounts. > Savings Account Interest Calculator. The best current account is different for each person, as it depends on your spending habits and level of savings. complete with complementary features for your business. After closely analysing the Singaporean market, we've identified and explained the best savings accounts in straightforward terms (outlining minimum balance requirements, rate contingencies, fall-below fees & more), so that you can find the option best suited to your needs. and potentially more on your savings. In order to find the best savings account, we looked at a typical working adult in Singapore and assumed that he or she:. Time to shift them to the best fixed deposit rates in Singapore. We have highlighted what we consider to be the best expat bank accounts below as a guide for the banks you may wish to consider if you need to open a bank account as an expat. Reading Time: 3 minutes. The easy way to transact. This account is best suited for those who traders who operate across various cities. Start private banking or wealth management with the best banks in Singapore … Manage. You also get fee-free spending and cash withdrawals overseas, so if you travel a lot, that's an added boon. DBS Expat Programme. Best Savings Accounts in Singapore With the Highest Interest Rates 2020. Learn more. Switching current accounts has never been simpler, and many providers offer lucrative incentives for moving your account to them. If you have a bank account with one of these banks in your home country, they can help you set up a Singaporean bank account before your move. The accounts are listed in alphabetical order to ensure neutrality. Multiple Ways To Transact. EZEE Current Account. Change country: Welcome to Standard Chartered Singapore . CIMB FOREIGN CURRENCY CURRENT ACCOUNT. For more information, please refer to SDIC's website at All the banking you need for life in a single account. Issue cheques whenever you need to . Enjoy competitive rates with CIMB Current Accounts - our combined checking and savings facilitiy available in both SGD and foreign currency. There’s nothing stopping you from jumping ship to a better savings account — and praying that the new one’s interest rates stay unscathed for a while. Choose from a variety of accounts, each tailored to your needs. By : Gordon Ng May 31, 2017 March 28, 2018. The best current account is different for everyone, with your financial situation being unique to you. Why you will love this; Who can apply; Why you will love this. Manage your regular transactions in a single account. BGL BNP Paribas Direct Invest. HSBC Current Account takes the hassle out of managing your daily finances and paying bills. Free USD Cheque Book. Terms and conditions apply. Be rewarded with higher interest when you save more! Compare Bank Accounts. Features & Benefits. Overview; Features; Requirements/Fees; Apply Now; Overview. With the iSAVvy, you can earn 1.40% p.a with at least S$25,000 in 1 year. Fresh Graduates’ Bundle. A convenient way to pay and transact in USD. Free USD cheque books . The Virgin Money current account pays 2.02% on the first £1,000 in your account. Learn more. However, the more important task is to choose which particular bank to open an account with. If you have opened an account in semi-urban and rural branches, then you can avail discounts on the average quarterly balance requirements. With the best accounts, you get a decent interest rate, easy application, and other perks. Application Procedures. Payment methods . For Expats. Current accounts in Singapore are a breeze to open. Customers must be at least 21 years old. Apply Now. How to apply. Best expat bank accounts. Online banking and mobile banking . For Singapore Citizen and Permanent Resident, please bring your NRIC. Take care of your baby’s future. Features. Last updated: Nov 2020. Features & Benefits. POSB Cashback Bonus. Important Notice: From 1 August 2020 to 31 March 2021, enjoy up to 50 free single and bulk FAST/PayNow FAST transactions per month via UOB Infinity / BIBPlus. Bank & Earn. With the right combination of factors (ie. Which current account is right for you? Learn more. Current Account. An everyday account for your business needs. Make an appointment with us today for more information. Learn more. Multicurrency Current Account ... on the account. OCBC asks that foreigners bring either a EP/S-Pass employment pass/work permit or student pass and passport to one of their local branches to initiate opening an account. Enjoy a DIY Baking Kit when you open My Account. (Due to the low interest rate environment, the rates of fixed deposit have also been lowered in recent months) Why FD? Close button. Back button You're in Singapore Segments. eMySavings Account. Personal Banking Business Banking Priority Banking Priority Private Int'l Banking MyWay Non-Resident Indian Commercial Banking Private Banking Corporate Banking. Singapore companies have plenty of options when it comes to opening a corporate bank account. Singaporean, Singapore PR or foreigner with a valid pass. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Enjoy unlimited free … Opening a Singaporean Bank Account as a foreigner at OCBC. For your convenience, we’ve compiled the best savings accounts in Singapore with the highest interest rates, updated for 2021. So it’s best to keep a sensible amount of cash in your savings account still. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Multi currency account. Find the right activity for your child. Both offer different yet some of the best fixed deposit rates in Singapore, so make sure to take your time in comparing the options. ¹ MasterCard transactions incurred with merchants based outside of Singapore are subject to a charge of 1% of the transaction as imposed by MasterCard International on us. Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Singapore Citizen, Permanent Resident, Foreigner who holds employment pass, work permit or student pass with valid ID and Passport. Learn more. Earn higher interest rates of 0.90% - 1.50% p.a. By comparing accounts with Compare the Market, we hope that you can find the right fit for you. Visit website > HSBC Expat Premier Account . If you want more from your bank, take a look at our table showing the best current accounts for cashback and other rewards. Who can apply. Imagine if you could stash away all the money you received as gifts throughout the year, forget about it for a while, […]The post Best Fixed Deposits To Lock In Your Savings In Singapore (2020) appeared first on SingSaver Blog - We Compare, You Save. Featured; Accounts; Digital Services; Payments & Transfers; ATM & Branch Services ; Promotions; Accounts. Keep in mind that many banks’ international services are aimed at high net worth individuals, so they may not be the right choice for you. Best Bank Account In Singapore With No Fall-Below Fee. Customers can enjoy combined cash deposit limits across all branches in the country. It is important to do some homework to seek out the one that offers the best Singapore bank interest rate so that you do not lose out on the potential interest which you could have earned. Minium requirement. Eligible Applicants. best saving account Singapore, best bank savings account Singapore, savings account high interest rate Singapore, investing 101, personal finance, singapore banks, UOB, DBS, Citibank, CIMB Bank, Standard Chartered, Oversea-China Banking Corp (OCBC), OCBC, how to retire early, good savings account, good savings account singapore, savings account interest rate singapore, Bank of Singapore’s banking facilities are some of the best in the world and as a result, the country offers a broad range of financial services. ² This waiver does not include any fees which may be levied by other banks in Singapore or overseas for accessing their ATM networks. For your day-to-day transactions. For Young Adults. Apart from its strict laws and multicultural society, Singapore is well known for its established and diverse financial sector. Saving money isn’t easy, but when you’re protected by the best savings accounts in Singapore, you will be more motivated to manage your expenses wisely. Savings accounts offer a great, low-risk way to earn more with your money. No cheque book for Renminbi current account. Learn how to open bank account in Singapore for foreigners, expatriates and non-residents. Deposit and withdraw money via cheques, demand drafts or electronic funds transfers. Featured; Accounts; Digital Services; Payments & Transfers; ATM & Branch Services; Workplace Banking; Promotions; Bank. Questions about how the coronavirus is affecting your finances or our services? Application Requirements. Do you have enough protection for times like these? Opening a corporate bank account in Singapore is a relatively simple and straight-forward procedure. Don’t settle for a low interest rate of less than 1%. There are currently 117 commercial banks in Singapore, but only 27 are offering retail banking services. There's no minimum pay-in required to get the interest, so it's good if you've low or unstable income. Low initial deposit of S$1000. Last updated: Nov 2020. Current Accounts. Earn up to S$130 a month, with no minimum account balance required. Starting with their first bank account. Believe more . SGD Current Account; Description: An SGD Current Account with interest rates of up to 1.88% p.a. Maybank offers two promotions: you can either make deposits through iSavvy (online) or a current savings account. Free E-Statements. However, some accounts can be quite complex. The best current accounts now offer the flexibility and accessibility of online and mobile banking. We give you the lowdown on how fixed deposits work, and round up the best fixed deposit offers in the market right now. 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