You deserve more as a NSF

Serving the nation builds your character to be stronger every day and POSB is proud to be growing along with you on your journey as an NSF. Starting with the POSB Save As You Serve (POSB SAYS) programme.

POSB Save As You Earn (SAYE) Account

Bonus 2% p.a. interest on your monthly savings

SAFRA DBS or HomeTeamNS-Passion-POSB Debit Card

Up to 2% cash rebate with no minimum spend

Sign up now to open a POSB SAYE account online in 5 min!
Find out more about reinforcing your SAFRA or HTNS membership

To open a POSB SAYE Account, you need a POSB/DBS Account.
Don't have one? Sign up here!

POSB Save As You Earn Account Terms & Conditions

Debit Cards Terms & Conditions


Keep your NS savings fighting fit!

While it might seem difficult to save with your NS allowance, you’ll be surprised at how much it can all add up to after two years with a POSB SAYE Account. 

Here’s how your money will grow, from as little as S$50 a month.

How it works

Says Calculator
Says Calculator


  • The above illustration is based on a monthly contribution into a POSB SAYE Account on the 1st of each month.
  • Credit your monthly salary into a POSB/DBS account and select it as the debiting account for the monthly savings contribution into the POSB SAYE Account. Salary must be credited via GIRO, with transaction reference codes 'SAL' or 'PAY'.
  • To avoid any failed deduction, please ensure that there are sufficient funds in the debiting account by 7pm, one day before the monthly savings date.
  • Accumulated Cash Gift Interest earned by Month-12 will be credited in Month-13. Accumulated Cash Gift Interest earned by Month-24 will be credited in Month-25
  • Non-Eligible POSB SAYE Accounts will not be credited with Cash Gift Interest.

Celebrate book-outs with cash rebates

It’s your membership and Debit Card, both in one. Get more out of every dollar you spend with exclusive benefits islandwide.

  • 2% cash rebate on your local MasterCard® contactless transactions
  • 1% cash rebate on online transactions
  • 0.3% cash rebate on all other retail transactions

More card privileges

  • Access to SAFRA or HomeTeamNS Clubhouses & facilities
  • Exclusive handpicked Amazing Treats and Birthday Treats offers
  • Discounted passes to Universal Studios, Adventure Cove Waterpark and more

SAFRA DBS Debit Card

Apply now

HomeTeamNS-PAssion-POSB Debit Card

Apply now


Arm yourself with these NS tips

Get all the insights and tips you need to make the most out of your time in NS.

Unwritten Rules Of NS For Every Singaporean Recruit To "Win" At BMT

Can NS Give You A Head-Start In Saving For Your Degree?

Best nights-out places for NSFs who want to spend less and save more

Creative BMT Hacks For New Enlistees - From The Rest Of Us Because ORD Loh!

English Phrases That Can Only Be Decoded By Singaporeans Who Have Served NS

Shared by Ex-NSFs: Bro Tips You Wish You Knew Before Enlisting

5 ways to reach the rank of Major Saver in NS

Simple changes to your army boy lifestyle to help you save some money

Any questions?

  1. What is POSB SAYS and how is it different from the POSB SAYE Account?

    POSB SAYS is a benefit programme specially made for NSFs that bundles the POSB SAYE Account as one of the components of the programme.

  2. I need a separate account for my NS salary crediting. How do I apply for it?

    For your NS salary crediting, simply click here to apply for a Deposit Account. All account fees will be waived for you up till you turn 29 years old.

  3. I’m going to serve my NS soon. When should I apply for the POSB SAYS programme?

    To maximise the 2% p.a. bonus interest for the POSB SAYE Account, you should apply for it during the first month of your NS allowance being credited with us.

    For the 2% cash rebate on eligible cards and card discounts, no registration is required! You’ll automatically enjoy these benefits as long as you hold either of the debit cards mentioned in the POSB SAYS programme.

  4. Do I qualify for POSB SAYS regardless of my vocation?

    Yes, any Full-Time National Serviceman (NSF) can apply for POSB SAYS. i.e. Singapore Armed Forces, Republic of Singapore Navy, Republic of Singapore Air Force, Singapore Police Force and Singapore Civil Defence Force.

  5. Will the benefits for POSB SAYS stop when I complete my NS?

    You’ll enjoy the 2% p.a. bonus interest rate on your POSB SAYE Account for up to 24 months, so long as the account is not closed, and you continue to fulfil the bonus interest criteria. The 2% cash rebate for the qualifying debit cards will prevail so long as you hold either of the debit cards and meet the spend criteria.

  1. Can I register for multiple POSB SAYE Accounts?

    No. Each NSF is eligible to register for only one POSB SAYE Account under the POSB SAYS programme.

  2. How do I know when the POSB SAYE Account “Cash Gift Interest” be credited?

    Cash Gift Interest amount will be reflected by the 7th day of the 13th & 25th month in your POSB SAYE Account.

  3. Do I need to close my POSB SAYE Account after 2 years of contribution?

    You can continue to contribute to your POSB SAYE Account. However, the Cash Gift Interest will not be applicable after 24 months from your first contribution date or after your ORD date, whichever is earlier.

  4. Can I make a withdrawal from my POSB SAYE Account?

    Yes. But if you make a withdrawal, you’ll earn only the base interest rate of 0.05% p.a. on the account balances for the month, and the accumulated Cash Gift Interest for the past months (including month of withdrawal) shall be forfeited.

  5. As my NS rank allowance is expected to increase over time, am I able to increase the monthly contribution amount over time?

    Yes, you may increase your monthly contribution amount any time. You can change your monthly savings amount, savings date and debiting account any time through iBanking under “Change MySavings/SAYE Account Instruction”.

  6. My NS term ends in less than 24 months. Am I still eligible for the 2% Cash Gift Interest post-ORD?

    Base interest rate will be accorded for contributions from the 25th month onwards. Please note that monthly contributions will not be eligible for the 2% Cash Gift Interest for months where there is no monthly NS salary credited.

  1. Am I eligible for the HomeTeamNS-PAssion-POSB Debit Card or SAFRA DBS Debit Card?

    For eligibility requirements, go here to find out more about the HomeTeamNS-PAssion-POSB Debit Card, or here for the SAFRA DBS Debit Card.

  2. How do I apply for a HomeTeamNS-PAssion-POSB Debit Card or a SAFRA DBS Debit Card?

    Go here to learn more about the application process for the HomeTeamNS-PAssion-POSB Debit Card, or here for the SAFRA DBS Debit Card.

  3. Must I link my HomeTeamNS-PAssion-POSB Debit Card or SAFRA DBS Debit Card to my POSB SAYE account?

    No, this is not mandatory. The debit cards only need to be linked to a DBS/POSB Current or Savings Account.

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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