An all-in-one savings account with Debit Card, iBanking and eStatements for your day-to-day banking needs
With POSB eSavings, you can do so much more:
Existing POSB Savings Account holders
Convert to POSB eSavings in 3 simple steps:
Step 1: Login to iBanking
Step 2: Select Service Request > Request for POSB Passbook Conversion on the left panel
Step 3: Confirm your account details and click submit
Other POSB/DBS Account holders
New to POSB?
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