Features & Benefits
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
Earn interest on every dollar.
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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.
Interest Rates
| Deposit Amount | Interest Rates (p.a.) |
|---|---|
| All Balances | 0.10% |
Requirements:
16 years and above
The account is only applicable to individuals You can have a maximum of one individual Savings Account and one joint Savings Account with another person
Applicable to Singapore citizens, permanent residents or foreigners with valid documentation
Note: Account opening is subject to Bank's approval.
- S$10 monthly service fee if average daily balance falls below S$1,000
- S$30 early account closure fee if account is closed within 6 months of opening
