|First S$50,000||Next S$50,000|
|Total Eligible Transactions per month||Salary Credit + transaction in 1 catagory||Salary Credit + transaction in 2 categories||Salary Credit + transaction in 3 or more categories|
|Between S$2,000 to S$2,500||1.55%||1.80%||2.00%|
|Between S$2,500 to S$5,000||1.85%||2.00%||2.20%|
|Between S$5,000 to S$15,000||1.90%||2.20%||2.40%|
|Between S$15,000 to S$30,000||2.00%||2.30%||2.50%|
Read the latest news about Savings Account products in Singapore and the best money saving tips.
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What is a bank account?
A bank account lets you deposit money and use the funds whenever you need to. Depending on the type of account you have, you earn interest on the deposit. Funds can be withdrawn using ATMs or by cheque. You can pay for things you purchase via a number of methods that deduct the funds directly from your account. Many bank accounts charge a monthly service fee.
Who can open a bank account online?
How do I choose the best savings account for me?
Is an ATM card available with my savings account?