An all-in-one savings account with Debit Card, iBanking and eStatements for your day-to-day banking needs
1) New account
2) Convert existing POSB Savings Account
If you have an existing POSB Savings Account, convert it to POSB eSavings Account now! Account number and your services will remain the same.
Convert to POSB eSavings Account in 3 simple steps:
Step 1: Login to iBanking
Step 2: Select Request on top right navigation > Select Other Services > Request for POSB Passbook Conversion
Step 3: Confirm your account details and submit
You are eligible for this account if you are at least 16 years old. You have the choice of personal or joint-alternate account type. If you are below 16 years old, you may open a POSBkids Account.
A $2 fall-below fee will apply if your average daily balance for the month falls below $500. Enjoy a waiver of the $2 fall-below fee if you meet any of the following criteria:
Please refer to the Deposits Guide for the complete list of fees