iSavings Account

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  • iSavings Account
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New bonus interests for iSavings Account! 

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Features & Benefits

  • Features & Benefits
  • Eligibility
  • Fees & Charges

Easy to Open

Hassle-free account opening with MyInfo to retrieve your personal information.

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Easy Access

Manage your account through HL Bank Connect (for individuals) and keep track of your finances at your convenience.

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Attractive Interest Rates

Save more and earn higher interest rates.

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Interest Rates^

Daily Balance

Prevailing Rates (p.a.)

Bonus Rates (p.a.) Promotional Rates (p.a.)
First S$20,000 0.30% 0.58% 0.88%
Next S$30,000 0.30% 0.58%
0.88%
Next S$150,000 0.30% 2.98%
3.28%
Next S$800,000 0.30% 2.98%
3.28%
Above S$1,000,000 0.30% 2.98%
3.28%

 

^These interest rates are effective from now to 30 June 2023 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 Corporate, 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. 

 

*Terms & Conditions apply.

Standard Terms & Conditions of Accounts

Terms & Conditions for iSavings Account Bonus Rate Promotion

Additional Terms & Conditions Governing iSavings Account

Electronic Signature Terms & Conditions

 

 

Requirements:

iconImage-/content/dam/hlb/sg/images/personal-banking/Tick-2020.png

16 years and above

iconImage-/content/dam/hlb/sg/images/personal-banking/Tick-2020.png The account is only applicable to individuals
iconImage-/content/dam/hlb/sg/images/personal-banking/Tick-2020.png

 You can have a maximum of one individual iSavings Account and one joint iSavings Account with another person

iconImage-/content/dam/hlb/sg/images/personal-banking/Tick-2020.png Applicable to Singapore citizens, permanent residents or foreigners with valid documentation

 

Note: Account opening is subject to Bank's approval

 

  • S$5 monthly service fee; waived with a minimum average daily balance of S$5,000
  • S$30 early closure fee if account is closed within 6 months of opening
  • Fees and charges apply for over-the-counter transactions

 

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External Link Disclaimer

If you click ‘Continue’, you will leave the HL Bank website to access a third party website ("Third Party Website").

HL Bank has no control over the Third Party Website and has no liability in connection with your use of the Third Party Website.

HL Bank is not liable for how any information you may provide on the Third Party Website is handled or treated, or for any loss incurred in connection with you accessing the Third Party Website. HL Bank makes no warranties, representations or undertakings about the Third Party Website.

 

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