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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 |
|---|---|---|---|
| DBS | Open 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 |
| OCBC | Receive S$50 worth of NTUC FairPrice vouchers for every S$20,000 in fresh funds deposited into your Passbook/Statement Savings Account. |
| 31 October 2021 |
| UOB | Receive 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.
| 31 December 2021 | |
| UOB | Deposit fresh funds and register your participation to receive up to S$150 cash credit.
| 31 December 2021 | |
| UOB | Earn 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:
|
| 30 November 2021 |
| Maybank | Earn up to S$80 cash credit when you credit your salary and pay your income tax
|
| N/A |
| Maybank | Open an account on Maybank Mobile Banking (Maybank2u SG app) and earn 5 chances to win any mobile phone of your choice during monthly draws. |
| 31 December 2021 |
| Maybank | Receive up to S$30 worth of POPULAR Bookstore vouchers when you open a new account for your child and begin the savings challenge.
|
| N/A |
| Maybank | Receive $100 cash credit when you make an online deposit of S$100,000 (fresh funds) into your account for 10 months. |
| N/A |
| Standard Chartered | Earn 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. |
| 31 December 2021 |
| Standard Chartered | Earn 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. |
| 30 November 2021 |
| Standard Chartered | Receive 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 Chartered | Get 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 | |
| Citibank | Receive 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. |
| 31 December 2021 |
| HSBC | Apply 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 |
| HSBC | Earn 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 | |
| HSBC | Get 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
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
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