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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:
| Bank | Promotions | Eligible accounts | Valid until |
|---|---|---|---|
| UOB | Be among the first 200 new/existing customers to open UOB savings account online, deposit S$5,000 fresh funds into the account within the first month (hold it till the end of the following calendar month) and credit your salary to receive up to S$120 cash credit.
For all new UOB customers: Earn $10 cash credit when you register and link your account to PayNow. |
| 31 October 2022 |
| Maybank | Receive up to S$20 worth of POPULAR Bookstore vouchers (with every S$6,000 deposit) when you open a new account for your child or grandchild. |
| N/A |
| Maybank | Be among the first 100 new customers to receive S$150 cash credit when you make an online deposit of S$50,000 (fresh funds) via FAST into your account for 6 months. |
| N/A |
| Standard Chartered | Earn up to 1.50% p.a. interest on eligible deposit balance (up to S$1 million) with no lock-in period. Applies to incremental fresh funds only. |
| 30 September 2022 |
| Standard Chartered | Get 1% p.a. sign-up bonus interest when you sign up, deposit a minimum sum of S$50,000 in fresh funds(maintain for 6 months), and apply for Bonus$aver World Mastercard Credit Card. | 30 September 2022 | |
| Citibank | Receive up to S$12,000 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. |
| 31 December 2022 |
| HSBC | Earn up to 1% p.a. bonus interest on your SGD savings with your Everyday Global Account. Receive up to $800 in cashback and bonus interest with the HSBC Everyday Rewards programme. Cashback rewards are applicable for monthly deposits of $2,000 for min. 2 months. | 30 September 2022 |
*Information provided is accurate as of 4 September 2022. 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.
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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.
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