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INTEREST CALCULATED DAILY
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LOW INITIAL DEPOSIT
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HASSLE-FREE
Attractive Interest Rate
You will get to enjoy attractive interest rates on your iSavings.
Hassle-Free and Convenient
The online savings account that 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.
Easy to Open
You can open your account with a minimum of S$5,000.
- You must be minimum 21 years old.
- This account is applicable to individuals only.
Note: Account opening is subject to Bank’s approval.
- Apply Online or
- Approach one of our relationship managers at our branch to assist you
Our branch location:
7 Wallich Street
#B1-25 and #B1-26 Tanjong Pagar Centre
Singapore 078884
Interest Rates¹
| Daily Balance |
Prevailing Rate (% p.a.) |
Bonus Rate (% p.a.) |
Promotional Rate (% p.a.) |
|---|---|---|---|
| First S$20,000 |
0.50% |
0.50% |
1.08% |
| Next S$30,000 |
1.10% |
0.28% |
1.38% |
| Next S$150,000 |
1.45% |
0.26% |
1.71% |
| Next S$800,000 |
1.48% |
1.48% |
|
| Above S$1,000,000 |
0.80% |
0.80% |
Fees and charges
- S$5 monthly service fee; waived with a minimum average daily balance of S$5,000
- S$30 early account closure fee, if the account is closed within 6 months of opening
- Fees and Charges apply for over-the-counter transactions
1 These interest rates are effective from 1 November 2018 to 31 July 2019 and apply to individual depositors only. There will be no passbook given for an iSavings Account. HL Bank reserves the right to change, vary or revise these interest rates from time to time in its own absolute discretion.
Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
