Basic Savings Account

A basic savings account that comes with a passbook

Initial deposit

S$
1


Minimum average daily balance

S$
500

         for the month

S$2 fall below fee applies



Eligibility

Singaporeans and Singapore PRs age 16 and above.

How to apply

Amount in account:

First S$350,000

S$350,001 to S$1,000,000

Above S$1,000,000

Basic Savings

0.05% a year

0.08% a year

0.10% a year

Apply at any of our branches

Please bring along:
1
NRIC

for Singaporeans and
Singapore PRs

2
S$1

for initial deposit

3
Additional documents

Include any one of the following documents:

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement
Find nearest branch to apply
Locate

Important notices
Deposit Insurance Scheme 
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$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.