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Savings account promotions for new customers

You could be given special offers, deals and discounts just for opening a new account.

Banks are now rewarding both new and loyal customers. See how you can take advantage of what the banks are offering and use it to your benefit.

Bank promotions for new customers

Here are some of the ongoing banking promotions in Singapore:

BankPromotionsEligible accountsValid until
DBSOpen a DBS Account online to receive a S$15 cash gift and a chance to win a unique Sky Dining Experience. Prefill your application with MyInfo to be eligible for another extra S$5 cash gift.

31 December 2021

OCBCReceive S$50 worth of NTUC FairPrice vouchers for every S$20,000 in fresh funds deposited into your Passbook/Statement Savings Account.
  • OCBC Passbook Savings Account
  • OCBC Statement Savings Account

31 October 2021

UOBReceive up to S$450 cash credit when you sign up for a new UOB Lady’s Savings Account online, deposit fresh funds and register your participation.
  • Minimum of S$5,000 in fresh funds: S$50 cash credit
  • Minimum of S$5,000 fresh funds + apply for the UOB Lady’s Card (new cardholders only): S$50 cash credit + $300 cash credit
  • Minimum of S$100,000 fresh funds + apply for the UOB Lady’s Card (new cardholders only): S$150 cash credit + $300 cash credit

31 December 2021

UOBDeposit fresh funds and register your participation to receive up to S$150 cash credit.
  • S$5,000 incremental fresh funds: S$50 base cash credit
  • S$100,000 incremental fresh funds: S$100 base cash credit

31 December 2021

UOBEarn interest rates of up to 0.40% p.a. on your savings when you make an incremental fresh funds deposit of at least S$15,000. Fresh funds balance tiers:
  • S$15,000 to S$50,000: 0.05% p.a. bonus rates
  • More than S$50,000 to S$100,000: 0.15% bonus rates
  • More than S$100,000 to S$1,000,000: 0.35% bonus rates

30 November 2021

MaybankEarn up to S$80 cash credit when you credit your salary and pay your income tax
  • S$40 cash credit. Credit your salary (minimum S$4,000) for 3 consecutive months.
  • Additional S$40 cash credit. Pay your income tax via GIRO.
  • Maybank iSAVvy Savings Account

N/A

MaybankOpen an account on Maybank Mobile Banking (Maybank2u SG app) and earn 5 chances to win any mobile phone of your choice during monthly draws.
  • Maybank iSAVvy Savings Account
  • Maybank iSAVvy Savings Plus Account
  • Maybank SaveUp Account

31 December 2021

MaybankReceive up to S$30 worth of POPULAR Bookstore vouchers when you open a new account for your child and begin the savings challenge.
  • First-month prerequisite. Open a new Youngstarz Account and deposit a minimum of S$8,000 in fresh funds.
  • S$10 worth of POPULAR Bookstore vouchers. Make one inward PayNow transaction and have an incremental average daily balance (ADB) of S$200 from the 2nd to 4th month.
  • S$20 worth of POPULAR Bookstore vouchers. Make one inward PayNow transaction and have an incremental average daily balance (ADB) of S$200 from the 5th to 7th month.
  • Maybank Youngstarz Account

N/A

MaybankReceive $100 cash credit when you make an online deposit of S$100,000 (fresh funds) into your account for 10 months.
  • Maybank Privilege Plus Savings Account

N/A

Standard CharteredEarn bonus interest of 0.27% p.a. on qualifying balances for the first eight calendar months from the date of your account opening. Valid for new SuperSalary accounts opened during the promotion period only.
  • SC SuperSalary Account

31 December 2021

Standard CharteredEarn up to 0.50% p.a. interest on eligible deposit balance (up to S$1 million) with no lock-in period. Applies to incremental fresh funds only.
  • SC e$aver Savings Account

30 November 2021

Standard CharteredReceive bonus interest (up to S$3,600 p.a) when you purchase eligible unit trust(s) and insurance policy/policies through Standard Chartered Bank.

31 January 2022

Standard CharteredGet up to 1% sign-up bonus interest on up to S$200,000 for the first 12 months. Requires a minimum fresh funds deposit of S$50,000.

30 November 2021

CitibankReceive up to S$6,000 cash reward when you deposit fresh funds or transfer your investment holdings in unit trusts, bonds, or stocks in the US, HK and SG markets.
  • All eligible Citibank accounts

31 December 2021

HSBCApply online now with Myinfo via Singpass and top up to enjoy S$50 worth of Lazada vouchers. Minimum fresh funds deposit requirement ranges from S$2,000 to S$5,000, depending on account type.

31 December 2021

HSBCEarn up to 0.50% p.a. bonus interest on your SGD savings with your Everyday Global Account. Subject to top-up amounts from S$1 to S$2,000,000.

31 October 2021

HSBCGet up to S$108 in cash credit when you open an HSBC Everyday Global Account and HSBC Equity Investment Account.

31 December 2021

*Information provided is accurate as of 6 October 2021. Do note that promotions and interest rates for fixed deposits are ever-changing, so make sure to check directly with your bank for the latest offers.

Choose a bank account with rewards

Name Product Monthly fee Card delivery Supported currencies Mobile payments
Canvas Pre-paid Visa Card and App
S$2.99
Up to 8 business days

1

Apple Pay, Google Pay

Finder special offer of 30 days free trial and $10 credit on each kid’s card upon activation.

Manages your kids’ pocket money and domestic helpers’ access to household expenses digitally.
Wirex Standard
S$0
5 business days

12

Apple Pay, Google Pay

Get a Welcome Bonus of $15 USD in WXT when you sign up with Wirex through Finder.

A multi-currency card that supports over 150 currencies, including more than 8 cryptocurrencies at interbank rates.
YouTrip
S$0
5-8 business days

10

Apple Pay, Google Pay

Use promo code FINDER5 to earn $5 on signup.

A prepaid Mastercard with no monthly fees, contactless payment features and fee-free transactions in over 150 currencies. NOTE: Promo code valid for new signups and Singapore residents only.
Revolut Standard
S$0
Up to 9 working days

21

Apple Pay, Google Pay

Get 20% cashback on all eligible public transport expenses in Singapore when you pay with Revolut. Valid until 31 December 2021.

Enjoy no monthly fees, competitive currency conversion rates, and spend in over 150 currencies with Revolut’s Standard card.
Wise Multicurrency Account
S$0
2 - 3 business days

8

Apple Pay, Google Pay
Wise (formerly TransferWise) is an international account for over 50 currencies, with instant, super-cheap money transfer, a card to spend in any currency, bank details to get paid in 30 different countries and multi-currency direct debits.
Revolut Metal
S$19.99
Up to 4 working days

21

Apple Pay, Google Pay

Get 20% cashback on all eligible public transport expenses in Singapore when you pay with Revolut. Valid until 31 December 2021.

An exclusive premium contactless card that allows for unlimited currency exchanges, a free Lounge Pass, and 1% cashback on expenses.
Wirex Elite
S$29.99
5 business days

13

Apple Pay, Google Pay

Get a Welcome Bonus of $15 USD in WXT when you sign up with Wirex through Finder.

Access supercharged rewards and curated merchant offers in addition to standard Wirex digital payment features and travel card.
Revolut Premium
S$9.99
Up to 4 working days

21

Apple Pay, Google Pay

Get 20% cashback on all eligible public transport expenses in Singapore when you pay with Revolut. Valid until 31 December 2021.

On top of standard Revolut perks, this debit card comes with unlimited spending and free overseas ATM withdrawals, up to $700 per month.
Wirex Premium
S$9.99
5 business days

12

Apple Pay, Google Pay

Get a Welcome Bonus of $15 USD in WXT when you sign up with Wirex through Finder.

Enjoy revolutionary digital payment features on-the-go, plus exclusive merchant deals and higher rewards when you spend on your Wirex card.
BigPay
S$0
5-7 business days

1

Apple Pay, Google Pay
Transact globally at minimal cost plus earn rewards with this e-wallet app and prepaid Mastercard.
Amaze by Instarem
S$0
7 to 14 business days

9

Manage expenses on multiple cards and earn 1% cashback on all purchases with this one-stop payments card.
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What special promotions do I receive for savings accounts?

If you switch to a bonus savings account, you can earn a special bonus interest rate each and every month that you meet the account conditions. It’s like being rewarded every month with extra money in interest for good savings habits.

Compare bonus savers with rewards

Name Product Minimum Initial Deposit Fall below monthly fees Minimum annual interest rate Maximum annual interest rate
OCBC 360 account
S$1,000
S$2
0.05% p.a.
2.68% p.a.
Earn competitive bonus interest on the first $75,000 of your balance when you credit your salary, save, insure or invest with this account
SC Bonus$aver Account
S$0
S$5
0.01% p.a.
2.38% p.a.
Unlock up to 2.38% p.a. of bonus interest on the first S$80,000 deposit and access up to 14 different currencies with this account.
DBS eMySavings Account
S$50
S$0
0.05% p.a.
0.25% p.a.
Grow your balance with a savings account that offers higher interest rates when you credit a preset amount each month.
DBS Multiplier Account
S$0
S$5
0.05% p.a.
3% p.a.
Multiply your savings with bonus interest rates when you credit your income and meet all the account's criteria.
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