At a Glance

Interest Benefits

Enjoy special savings rates


Preset monthly savings amount and crediting date


Amend your savings amount and crediting date anytime via digibank

Apply now


Features & Benefits

  • A preset monthly savings account
    (Flexible to save any amount from S$50 to S$3,000, in multiples of S$10, and a date1 between the 1st and 25th of the month)
  • Earn interest based on your monthly savings.
  • Interest is computed daily and credited at the end of every month.
  • Change your savings amount and crediting date anytime via digibank.

1To avoid any failed deduction, please ensure that there are sufficient funds in the debiting account by 7pm, one day before the monthly savings date.


Eligibility & Fees

Eligibility You must be at least 16 years old to open this account, and already have a DBS/POSB Savings/Current Account.
(Applicants below 18 years old must have a valid digibank login or ATM/Debit Card to apply online)
Fee No applicable fees

Apply now

Personal eMySavings Account

  • If you have not downloaded the digibank app on your mobile device:

    Download POSB digibank app


    Once you have downloaded the app, set up your login User ID and PIN. Click here for more info.

  • Existing digibank mobile users, simply:
    • Login to your digibank app.
    • Tap on More followed by Deposit Accounts under APPLY.

Download digibank app and apply for your first account with us. It is easy, quick and instant! Once your first account is opened, you just need to log in to the digibank app and apply for eMySavings account as your 2nd account.

Download POSB digibank app


Pro tip: By downloading the POSB digibank app and registering using Myinfo with Singpass, you will be able to open a My Account or Multiplier account instantly.

Joint-alternate eMySavings Account

Apply now


Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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