Passbook Savings Account

A savings account that comes with a passbook

Minimum average daily balance


for the month

S$2 fall below fee applies

Initial deposit


For Basic Savings Account, the minimum average daily balance for the month is S$500.


Singaporeans, Singapore PRs and Foreigners 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

S$108 cash credit

with every S$10,000 in fresh funds deposited into Passbook Savings Account. Funds must be maintained for 8 months.

Offer ends 30 June 2019, or while stocks last.
Terms and conditions apply. Insured up to S$75,000 by SDIC.

Find out more

Apply at any of our branches

Please bring along:

for Singaporeans and
Singapore PRs


Passport +
Employment Pass/S-Pass

    Foreigners need to bring:

  • Passport

  • Employment Pass (EP) or S-Pass or Student Pass


for initial deposit

Additional documents

Include any one of the following documents:

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

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$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.