Promotion at a glance:

Simply open an account online to receive S$20 Cash Gift.

Enjoy perpetual waiver of fall-below fee on your first account when you open it online.

What’s more, apply via MyInfo to get your forms pre-filled and you’ll be able to access your new account and perform transactions immediately.


How to be eligible:


Deposit Account


Special Savings Account


Promotion ends 30 September 2019.

Terms and conditions apply.

 

Accounts available for you

Multiplier Account

Multiplier Account

No minimum salary credit required, no minimum credit card spend and up to 3.8% interest p.a.

Apply now

POSB Everyday Savings Account

POSB Everyday Savings Account

A savings account designed for your everyday banking needs and comes with eStatements.

Apply now

POSB SAYE Account

POSB SAYE Account

Enjoy higher interest when you credit your salary and have successful monthly saving with us.

Apply now

If you do not have a savings account with us, it will be automatically opened for you.

For applications through digibank online, you can find "POSB SAYE Account" under the "Special Savings Accounts" tab.

eMySavings Account

eMySavings Account

An automatic monthly savings account with special interest rates - giving you flexibility and control.

Apply now

If you do not have a savings account with us, it will be automatically opened for you.

For applications through digibank online, you can find "eMySavings Account" under the "Special Savings Accounts" tab.

Frequently Asked Questions

Am I able to withdraw from my newly opened account?

Deposit Account

Yes, you may withdraw from your newly opened account. However, in order to remain eligible, you must maintain a minimum average daily balance of S$3,000 for 6 consecutive months.

Special Savings Account

No withdrawals are to be made from the Special Savings Account for at least a 6-month Period.

Can I participate in the promotion more than once?

Each customer is entitled to only 1 Reward throughout the Promotion Period (1 July – 30 September 2019).

Why should I apply for an account via MyInfo?

MyInfo allows you to get a Bank account, Credit Card or Cashline account instantly without having to visit a branch or upload any supporting documents.

Simply apply online using MyInfo to pre-fill the application form. Within seconds, you’ll be able to enjoy real-time approval and access to your Bank account or Credit Card or Cashline 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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