Best Priority Banking Accounts in Singapore (2026)
Updated: 8 Jan 2026
Product Name | Hot Reward Pick | SingSaver Reward | Min. Assets Under Management | Base Annual Interest Rate | Max. Annual Interest Rate | ||
|---|---|---|---|---|---|---|---|
 | Citigold | S$1,599 | From S$350,000 | 0.01 % | 7.51 % | ||
 | HSBC Everyday Global Account (Premier) | - | - | From S$300,000 | 0.05 % | Up to4 % | |
 | Standard Chartered Priority Banking | - | - | From S$200,000 | 0.05 % | 7.05 % | |
 | CIMB Preferred | - | - | From S$250,000 | 1.5 % | 3.5 % | |
 | OCBC Premier Banking | - | - | From S$200,000 | 0.05 % | 0.05 % | |
 | DBS Treasures | - | - | From S$350,000 | 0.05 % | 0.05 % | |
 | UOB Privilege Banking | - | - | From S$350,000 | 0.05 % | 0.05 % |
SingSaver Exclusive Rewards
- Get Upsized S$1,500 Cash or an Apple iPhone 17 512GB (worth S$1,599) or Green Time at Sentosa Golf Club Singapore (worth S$1,504) when you make a deposit of S$500,000 and make a new qualified investment of minimum S$100,000 within 3 calendar months of account opening, including the month of account opening
- Get Upsized S$1,500 Cash or an Apple iPhone 17 512GB (worth S$1,599) or Green Time at Sentosa Golf Club Singapore (worth S$1,504) when you make a deposit of S$500,000 and successfully sign up as an Accredited Investor (AI) within 3 calendar month of account opening, including the month of account opening
- Get Upsized S$1,200 Cash or an Apple iPhone 17 256GB (worth S$1,299) or Green Time at Sentosa Golf Club Singapore (worth S$1,286) when you make a deposit of S$350,000 and successfully sign up as an Accredited Investor (AI) on an individual basis in the capacity as a primary accountholder within 3 calendar months of account opening, including the month of account opening.
- Alternatively, get Upsized S$900 Cash when you deposit S$350,000 within 3 calendar months of account opening, including the month of account opening.
- Enjoy additional S$200 Cash when you make a deposit of S$350,000 within the second month of account opening and maintain the funds until gift fulfilment.
Stackable Citi Rewards
- S$888 when you sign up as an Accredited Investor
- For every S$100k of Investment/Insurance purchase by MOB 3, customers enjoy S$1000 cash
- Enjoy Citigold Preferential Time Deposit Rates. (Up to 1.35% p.a. on 6-mth SGD Time Deposit; Up to 1.45% p.a. on 3-mth SGD Time Deposit) T&Cs apply.
- Terms and Conditions apply.
- Citigold Exclusive Benefits and Privileges
- Enjoy up to 7.51% p.a. interest when you join Citigold and open a Wealth First account. 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.
- 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
- Diversified wealth opportunities
- Access to a more comprehensive range of financial products and services available only to Accredited Investors
- Access to a team of wealth experts
- Connect with an experienced Relationship Manager and a team of wealth experts who will partner you to achieve your wealth goals
- Wide range of investments
- Trade in Bonds, Structured Notes and restricted Investment Funds without the minimum S$200k per transaction requirement
- Eligibility for Accredited Investor
- Net personal assets exceeding S$2 million in value (or its equivalent in a foreign currency); or
- Financial assets (net of any related liabilities) exceeding S$1 million in value (or its equivalent in a foreign currency); or
- An income in the preceding 12 months of not less than S$300,000 (or its equivalent in a foreign currency)
- Enjoy a quicker application process when you sign up via Singpass Myinfo
- Get access to a Family Relationship Manager for holistic advice and recommendations
- Choose from a wide range of options from securities trading, to Unit Trust to Structured Products
- HSBC Premier status is retained at HSBC branches overseas
- Receive complimentary consultations and assisted enrolment services regarding your child's overseas education needs (Related services are provided by 3rd parties)
- HSBC Premier privileges can be extended to your spouse and up to three children
- S$50 monthly service fee if Total Relationship Balance falls below S$200,000
- Earn up to 2.80% p.a. interest on your first S$1.5M deposit balances.
- Up to 0.80% base interest rate for Priority Banking clients
- Up to 1.00% p.a. bonus interest when you invest or insure
- Up to 1.00% p.a. bonus interest on SGD fresh funds top-up (up to S$1M)
- T&Cs apply.
- Gain access to a full suite of wealth solutions, seasoned advice, coupled with curated market insights to achieve your financial goals
- Tap on Standard Chartered international banking network across over 25 markets for all your financial needs
- Enjoy a suite of digital wealth and convenient banking solutions that allow you to bank or invest conveniently, wherever you are
- Enjoy attractive interest rates up to 3.50% p.a. without multiple conditions with a CIMB StarSaver account
- Wide range of wealth management solutions, that are supported by a variety of insurance and investment companies
- Enjoy regional recognition across ASEAN with CIMB Preferred
- Allow your family members to enjoy the same benefits with CIMB Preferred Family Banking programme
- Instantaneous funds transfer between Singapore and Malaysia
- Receive Wealth Management advice and recommendations from a dedicated Relationship Manager, supported by a team of specialists
- Insured up to S$100,000 by SDIC. Additional T&Cs apply.
- Lifestyle privileges comprised solely of airport lounge access and lifestyle event invites
- No specialised credit or debit card available for clients
OCBC Premier Banking
- Get access to a dedicated Relationship Manager for investment advice and wealth planning
- OCBC Premier Banking Centres and priority queues at selected branches are available
- OneAdvisor Home portal allows you to easily search for homes in Singapore
- Preferential fees and charges are applicable to selected transactions
- Receive a complimentary OCBC Premier Visa Infinite credit card
- Lack of dedicated investment privileges
- Lifestyle benefits wholly tied to OCBC Premier World Elite debit card
DBS Treasures
- Gain access to a dedicated Relationship Manager and team of Wealth Experts
- 3 DBS Treasures Centres available for clients islandwide
- Wide range of investment products available
- Fall-below fees for the DBS Multiplier are waived
- Enjoy various lifestyle and travel benefits via the DBS Lifestyle Privileges programme
- Accredited Investor status required
- S$50 monthly service fee if balance falls below S$200,000
- Manual enrolment required to access lifestyle privileges
UOB Privilege Banking
- Gain access to a dedicated Client Advisor and team of Product Specialists
- Suite of lifestyle privileges includes a lifestyle concierge, travel concierge, birthday treats, and more
- Enjoy greater priority with 7 dedicated UOB Privilege Banking Centres
- Receive a complimentary UOB Privilege Banking credit card and two supplementary cards
- Enjoy preferential interest rates when you apply for a private housing loan
- Limited to no insurance products available
- Maximum annual interest rate of 0.05%
Who Should Consider Priority Banking?
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Professionals with more than S$200,000 in annual income.
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Retirees with significant investable assets of $250,000 or more.
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Parents with intergenerational wealth planning needs.
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Frequent flyers who want exclusive travel privileges, including international banking and airport limousine rides.
What are the benefits and services provided by Priority Banking?
Priority Banking providers in Singapore offer a wide range of exclusive benefits and privileges that vary across specific banks and the package offered. In general, here are some of the benefits that you can expect.
Personalised financial services
A dedicated relationship manager will often be allocated to you as a single point of contact for all your banking needs. Your relationship manager will provide you with customised financial solutions and advice tailored for your risk appetite and goals.
Exclusive wealth management services
As a Priority Banking client, you will also have access to exclusive wealth management services and investment products, such as portfolio management, investment advice, and more.
Preferential rates and charges
You may be eligible for exclusive rates and fees on banking products, including fixed deposits, loans, credit cards, and savings accounts.
Receive priority service
Gain access to priority queues, exclusive lounges, and other banking facilities.
Get exclusive offers and discounts
Be entitled to exclusive discounts on lifestyle products and services, as well as travel, shopping, entertainment, and dining offers.
Enjoy enhanced security features
Get enhanced security features, such as access to fraud protection services, secure banking applications, and higher transaction limits.
Get global access to services
Gain access to a global network of partner ATMs and banks and enjoy the convenience of banking on the go or abroad.
What are the eligibility criteria for Priority Banking?
The eligibility criteria for Priority Banking in Singapore vary across banks in Singapore. Be sure to find out the eligibility from each bank to know if you meet the requirements. Here are some of the common qualifying criteria:
Minimum investment/deposit amount
Compared to regular banking services, Priority Banking requires a higher investment or deposit amount. The qualifying amount varies and does not have to only be in cash, and can usually be a mix of insurance, cash, and investment products with the bank. This mix of financial assets is often referred to as Assets Under Management (AUM) of Total Relationship Balance (TRB). Depending on your bank of choice, you can expect an AUM or TRB between S$200,000 to S$1,000,000.
Annual income
Priority Banking also often requires a higher income level for individuals to be eligible. The minimum annual income requirement varies but usually starts from S$120,000 or more.
Age
Some banks may impose age restrictions to qualify for priority banking. For example, only allowing individuals 21 years old and above to be eligible for Priority Banking services.
Citizenship status
Some banks may only limit priority banking services to Singaporeans or permanent residents, although foreign nationals who meet specific criteria may be eligible for priority banking services with some banks.
Creditworthiness
Creditworthiness, including credit history, credit score, and debt-to-income ratio, may be factors affecting your eligibility for priority banking services.
Existing relationship with bank
Customers who maintain a good relationship with their bank, such as actively banking with them, and maintaining a long-term account or investment, may stand better chances of being eligible for Priority Banking.
>> More: Priority or Private Banking: Which one is right for you?
Pros and cons of Priority Banking
Pros
Access to exclusive investments
Dedicated relationship manager
Better interest/mortgage rates
Airport lounge and lifestyle perks
Cons
High TRB requirement
Possible pressure to invest/buy
Returns may not always be better compared to other options in your portfolio
Service quality varies by relationship manager
Priority Banking vs Private Banking
| Priority Banking | Private Banking |
| Min TRB: S$200K–S$350K | Min TRB: S$1M+ |
| Mass affluent tier | Ultra-high-net-worth individuals (UHNWIs) |
| Relationship managers | Dedicated private bankers and teams |
| Retail products + some exclusives | Tailored investment mandates, Discretionary Portfolio Management (DPM) |
How to choose the best Priority Banking programme?
To choose the best priority banking, you will need to carefully consider your financial needs and goals, as well as evaluate the services and benefits of the different banks. Here are some key consideration factors to help you make an informed decision:
Minimum investment or balance requirements
Banks will differ in their required minimum investment or balance requirements for Priority Banking. Take into account your present financial capacity and whether you qualify for the minimum requirement for each bank.
Range of services provided
Evaluate the range of services provided by the different providers. Look for a Priority Banking service that provides a range of services which meets your financial needs and goals.
Find out fees and charges
Different banks have varying fees and charges associated with the use of their services. Research fees charged by various banks to evaluate if their services and products are cost-effective and value for money.
Level of personalised service provided
Understand the level of personalised service offered by each bank, such as the availability and access to a dedicated relationship manager, access to exclusive events, and customised financial solutions.
Do some research on the bank’s reputation
Find out the reputation of each bank to know if they have built a high level of trust with their customers. Research their credit rating, performance, and read customer reviews.
Network and accessibility of services
Evaluate the bank's accessibility and network as this directly relates to the convenience of utilising their services. Consider the availability of ATMs, bank branches, the user experience of online banking services and mobile banking applications.
Look for additional benefits and privileges
Look for additional privileges provided by each bank. Take advantage of any preferential rates, fees, offers, and discounts.
Frequently asked questions about the best Priority Banking programmes
You might notice the term Total Relationship Balance (TRB) being thrown around by banks to refer to Assets Under Management (AUM). The two are interchangeable and refer to the total sum of assets an individual has parked in their bank. These assets can be a combination of cash, insurance and investment products. For example, Standard Chartered Priority Banking offers favourable interest rates to customers who open a Bonus$aver, Wealth$saver or fixed deposit account.
Maintaining a Total Relationship Balance (TRB) of a certain sum in investments, insurance or deposits is required for Priority Banking accounts. Both DBS Treasures and HSBC Premier charges customers whose TRBs fall below the threshold $50 on a monthly basis. HSBC Premier customers who have failed to meet their TRB continuously for 12 months may have their privileges withdrawn.
Yes, but the ease of application varies from bank to bank, depending on your country of origin. For example, it’s easier for foreigners from Hong Kong, Indonesia, Malaysia or Mainland China to open an OCBC Premier Banking account. For most other banks that offer Priority Banking services, however, the most important qualifier is whether your investable assets meet the minimum threshold.
That depends. When you’re a Priority Banking customer, you have the ability to capitalise on investments without holding cash, by using the power of investment through leverage. This comes with its risks, since you may lose out if your investment goes up in smoke. Compounded with the interest charged with your loan, the result can be truly disastrous. However, if you’re judicious in the way you utilise your investment financing, Priority Banking can help you grow your funds.
Yes, international banking is one of the biggest perks of Priority Banking accounts. Most Priority Banking accounts offer easy FX solutions with no currency conversion or foreign transaction fees. For example, Citigold Priority Banking customers can transact in over 150 currencies when they pay with their Citigold Debit Mastercard, without incurring any additional fees.
>> Find out: Why choose Priority Banking?
Latest reads on priority banking
Read the latest news on priority banking products in Singapore specifically curated for high net worth individuals.