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Best Savings Accounts in Singapore (2025)

Find the best savings account in Singapore that offers the best interest rates with Singsaver. Whether you are fresh graduate starting out or just looking for a high-yield account to park your extra funds, find your ideal savings account for your specific needs here. Compare between banks to find an account with low fees, high interest rate, and hassle-free eligibility. Apply now to open the best savings account for your needs on Singsaver to growing your savings.

FEATURED

Citigold (Join and opt-in as an Accredited Investor)

Min. Deposit

S$ 300,000

Min. Annual Interest Rate

0.01 %

Max. Annual Interest Rate

7.51 %

Offer Available

SingSaver Exclusive Offer

Apple iPad Air 11" WiFi 128GB (worth S$899)

Valid until

03 February 2025

SingSaver Exclusive Offer

PRISM+ Q55 Ultra QLED Google TV (worth S$1,999)

Valid until

03 February 2025

SingSaver Exclusive Offer

S$800 Cash via PayNow

Valid until

03 February 2025

Enjoy up to 7.51% p.a. interest when you join Citigold and open a Wealth First account. T&Cs apply.
Complete Investment Risk Profile and Fact Find Report and get S$100 + S$188 prosperity bonus cash. T&Cs apply.
Enjoy $300 rewards + S$200 prosperity bonus when you become an accredited investor. T&Cs apply.
Multiply your rewards and enjoy S$250 cash for every S$50,000 investment and/or insurance purchase. T&Cs apply.
Hold a valid primary/main Citi Credit Card and get a S$100 bonus cash reward. T&Cs apply.
Take up a Citi Home Loan and get a S$500 bonus cash reward. T&Cs apply.
Enjoy zero foreign transaction or currency conversion fees in over 15 currencies with Citibank Global wallet when you pay with your Citigold Debit Mastercard.
Enjoy 0%* commission buy trades online for U.S. & Hong Kong markets for 6 months when you open a new Citibank Brokerage account.
Get wealth management advice and solutions from a dedicated Relationship Manager and team of wealth specialists
Receive in-depth global market insights and research knowledge from a team of over 350+ research analysts.
Enjoy fully personalised wealth management solutions with Citigold's Total Wealth Advisor.
Enjoy Citigold Preferential Time Deposit Rates of up to 2.90%* p.a. on a 3-month SGD Time Deposit. T&Cs apply.
Citigold status is maintained at Citibank branches overseas.
Read our full review of Citigold
What is an Accredited Investor?
- An Accredited Investor is someone who meets the requirements set out by the Monetary Authority of Singapore (MAS) and has opted in to be treated as an Accredited Investor by the bank. Accredited Investors generally have access to a wider range of investment products than non-Accredited Investors, and at the same time require less regulatory protection.
How to be an Accredited Investor
- Start your wealth journey with Citigold and speak to your relationship manager.
Advantages of an Accredited Investor
- Expand investment opportunities
  - Enjoy access to a wider range of financial products and services, including more sophisticated products to meet your bespoke wealth needs.
- Be in control of your portfolio
  - Monitor and keep track of your wealth goals with Citigold Total Wealth Advisor tool, specially designed to help you plan and manage your portfolio in one place.
- Access to a team of dedicated wealth experts
  - You can count on a dedicated Senior Relationship Manager and a team of experts to help you grow your portfolio and partner you to achieve your wealth goals.
Eligibility for Accredited Investor
- Have a minimum income of S$300,000 in the last 12 months (or its equivalent in a foreign currency); or
- Have Net personal assets exceeding S$2 million, of which the net value of your primary place of residence can only contribute up to S$1 million; or
- Have Net financial assets exceeding S$1 million (or its equivalent in a foreign currency)

FEATURED

Citi PremierMiles Card + Citi Wealth First Account Bundle

Min. Deposit

S$ 300,000

Min. Annual Interest Rate

0.01 %

Max. Annual Interest Rate

7.51 %

4 Offers Available

SingSaver Sure Win, Sure Huat!

Get 1x Red Packet worth up to S$8,888!

Valid until

26 January 2025

Highest Cash Reward; 4 Weeks Fulfilment

S$378 Cash via PayNow + S$100 eCapitaVoucher

Valid until

26 January 2025

Richest Offer in the Market; Exclusively on SingSaver

Apple iPad 10th Gen WiFi 64GB (worth S$499) + S$100 eCapitaVoucher

Valid until

26 January 2025

Richest Offer in the Market; Exclusively on SingSaver

Dyson Supersonic™ hair dryer (worth S$649) + S$100 eCapitaVoucher

Valid until

26 January 2025

Richest Offer in the Market; Exclusively on SingSaver

Samsonite Straren Spinner 67/24 + 2X AirTag worth S$690.80 + S$100 eCapitaVoucher

Valid until

26 January 2025

Richest Offer in the Market; Exclusively on SingSaver

20,000 Max Miles + S$100 eCapitaVoucher

Valid until

26 January 2025

Upgrade Your Rewards with a Simple Top-Up

Save S$549 on an Apple iPhone 16 Pro 256GB (worth S$1,749) by upgrading your reward with a top up

+ 2 other gift options

Valid until

26 January 2025

Things to consider for this product:

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Seamless application

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Increased rewards

One seamless journey for both products
More rewards when you apply for both products as a bundle
Citi Wealth First Account Benefits:
Enjoy up to 7.51% p.a.* on your savings with your Citi Wealth First Account. Earn higher interest and save more with every action.
Protect and build your wealth with our full suite of investment and insurance products.
Enjoy access to global banking & lifestyle privileges, travel benefits and get invited to exclusive events.
Get 6-month commission-free trades online* for U.S. and H.K. markets and have access to Global Market Insights with 350+ analysts worldwide.
Supporting team of experts and dedicated Relationship Manager to assist you to reach your goals
Citi Premier Miles Card Benefits:
1.2 miles per S$1 spent locally. 2.2 miles per S$1 spent in foreign currency.
Citi Miles never expire. Can be exchanged for a variety of frequent flyer miles, hotel stays, rewards and cash rebates.
2 free airport lounge visits per year to over 1300 Priority Pass lounges worldwide.
Earn miles on rent, condo management fees, school fees, taxes and bills via Citi PayAll.
Up to S$1 million travel insurance coverage when you charge your travel tickets to this card.
Customer must complete application for both products in the bundle; if customer chooses to apply for Citi PremierMiles Card only, they must re-apply through the PremierMiles Card listing on SingSaver.
Admin fee of S$25 (excluding GST) for each conversion of Citi Miles to frequent flyer miles.
Service fee applies to Citi PayAll facility.

Gift Options

Get 1x Red Packet worth up to S$8,888!

Gift Options

S$378 Cash via PayNow + S$100 eCapitaVoucher

Gift Options

Apple iPad 10th Gen WiFi 64GB (worth S$499) + S$100 eCapitaVoucher; or
Dyson Supersonic™ hair dryer (worth S$649) + S$100 eCapitaVoucher; or
Samsonite Straren Spinner 67/24 + 2X AirTag worth S$690.80 + S$100 eCapitaVoucher; or
20,000 Max Miles + S$100 eCapitaVoucher

Gift Options

Save S$542 on a Samsung Galaxy S24 Ultra Titanium Gray 12+512GB (worth S$2,128) by upgrading your reward with a top up; or
Save S$549 on an Apple iPhone 16 Pro 256GB (worth S$1,749) by upgrading your reward with a top up; or
Save S$519 on an Apple Macbook Air M3 13" 256GB (worth S$1,599) by upgrading your reward with a top up