Savings Accounts

POSB Everyday Savings Account

A savings account designed for your everyday banking needs.

POSB Current Account

POSB Everyday Savings Account fulfills 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 statements. Also available as eStatements - The fast and easy way to access your statements anytime, anywhere via iBanking.

Apply now

If this is your first account with us, open online now and there will be no minimum average daily balance required.

  • Visit branch?

    Required documents for account opening at branch

    Singapore citizens and permanent residents
    - Singapore NRIC

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 below 21 years old.
    • 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.
Interest Rates
Interest Rates

Check the latest interest rates for Multiplier account here.

View Funds

How would you rate this page?

Thank you! We appreciate your feedback.

Any further suggestions?


What issues did you face today?

Any further suggestions?

I agree to Terms & Conditions