At HL Bank, we believe saving should be straightforward and rewarding. iSavings Account offers you competitive interest rates without the hassle of multiple conditions.
Balance over S$3 million will earn the prevailing rate of 0.08%p.a. Interest is calculated daily and credited monthly. The interest rate is effective 01 November 2025 and HL Bank reserves the right to revise these interest rates from time to time in its own absolute discretion.
Your iSavings account already helps you grow your money with up to 1.08% p.a.¹ interest.
From now till 31 October 2026, we’re giving you even more reasons to save.
Receive a S$10 Grab voucher² for every incremental S$10,000 you deposit into your iSavings account during the campaign period.
It’s our way of rewarding you for growing your savings.
Promotion ends 31 October 2026 - don't miss out!
Disclaimer
¹ Terms and Conditions apply.
² This promotion is applicable to fresh funds only which will be earmarked for 123 days and cannot be withdrawn during the earmarked period. The earmarking of funds will start from the date your funds are deposited into your iSavings account. Redemption and usage of the S$10 Grab voucher is subject to the merchant’s terms and conditions. Please refer to the merchant’s terms and conditions. Additional terms and conditions apply.
Enjoy a seamless account opening experience in just a few steps with MyInfo login.
Features & Benefits
Easy Access
Manage your account through HL Bank Connect (for individuals) and keep track of your finances at your convenience.
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Monthly e-Statement
Keep track of your bank account with monthly e-statement that is encrypted and sent to you via email.
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Eligibility
- Applicants must be 16 years old and above
- The account is available for individuals, either on a single or joint-name basis
- Each accountholder can have a maximum of one individual account and one joint account
- The account is open to Singapore citizens, permanent residents, and foreigners with valid documentation
- Account opening is subject to the Bank’s approval
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Terms and Conditions apply.
Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporate, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
- Minimum Initial Deposit: S$1,000
- S$30 early closure fee if account is closed within 6 months of opening
- Fees and charges apply for over-the-counter transactions
