Deposits - iSavings Account

Account Features

Attractive Interest Rate

You will get to enjoy attractive interest rates on your iSavings account.

Easy to Open

You can open your account with a minimum of S$5,000

Hassle-Free and Convenient

This online savings account allows you to login to your internet banking and perform your banking transactions without any hassle. You can also track your account transactions online conveniently.

Eligibility

  • You must be minimum 18 years old.
  • This account is applicable to individuals only.

Note: Account opening is subject to Bank’s approval.

Important Information

Interest Rates1

Daily Balance Interest Rate (% p.a.)
First S$20,000 0.50%
Next S$30,000 1.10%
Next S$150,000 1.00%
Above S$200,000 0.50%

Fees and charges

1 The daily interest is computed based on tiered basis. Deposit amount made in relation to the Promotion must be in Fresh Funds. For the avoidance of doubt, Fresh Funds are Cash (exclude withdrawals from existing HL Bank accounts), new funds received via telegraphic transfer and/or FAST from other banks, local cheque or banker’s cheque issued by other banks. HL Bank reserves the right to change, vary or revise the Interest Rates from time to time at its own absolute discretion.

Fees & Charges

Terms & Conditions

Additional Terms and Conditions Governing iSavings Account


Deposit Insurance Scheme ("DI Scheme")

Singapore dollar deposits of non-bank depositors 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. HL Bank.