A savings account designed for your everyday banking needs.
A savings account that fulfils your daily banking needs and offers you a choice of either hardcopy statements or eStatements.
- Earn daily interest, credited at the end of every month
- Cashback on your DBS or POSB Debit Card — an enhanced ATM Card.
- Easy-to-read monthly hardcopy statements with POSB Everyday Savings Account. Also available as eStatements with POSB eEveryday Savings Account.
If this is your first account with us, open online now and there will be no minimum average daily balance required.
Eligibility and Requirements
You are eligible for this account if you are at least 16 years old. No initial deposit is required.
- A S$2 fall-below fee will apply if your average daily balance for the month falls below S$500
- Enjoy waiver of the S$2 fall-below fee if you meet any of the following criteria:
- You are 21 years old and below.
- You are 62 years old and above.
- You are a full-time National Service man (whose allowance /salary is credited to this account).
- You are a recipient of public assistance.