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Competitive interest rates
Plan ahead and kickstart your child's savings journey with our competitive interest rates.
No fall-below fees
We believe that a savings account should earn and not cost you money, so no fees are required to maintain this account.
Online application
Apply online in the comfort of your home and get your child's new account number immediately upon successful application.
| Account Balance | Interest Rates¹ |
Bonus Interest Rate# |
|---|---|---|
First S$200,000 |
0.20% p.a. |
On incremental fresh funds balances:
Personal Banking: 0.40%# p.a. Preferred Banking: 0.50%# p.a. |
Next S$800,000 |
0.40% p.a. |
|
Above S$1,000,000 |
0.20% p.a. |
| Date | End-of-day Balance |
Incremental Balance against 30 Nov 2021 | Bonus Interest |
|---|---|---|---|
30 Nov 2021
|
S$100,000 |
NA | NA |
1-10 Dec 2021
|
S$110,000 | S$10,000 | S$10,000 x 0.40% / 365 x 10 Days =S$1.09 |
11-20 Dec 2021
|
S$300,000 | S$200,000 | S$200,000 x 0.40% / 365 x 10 Days = S$21.90 |
21-25 Dec 2021
|
S$105,000 | S$5,000 | S$0^ |
26-31 Dec 2021 |
S$700,000+ |
S$500,000^ | S$500,000 x 0.40% / 365 x 6 Days =S$32.87 |
Total Bonus Interest in Dec 2021 |
|
S$55.86 |
There's no need to compare rates any longer when we offer the best exchange rates on your SGD To MYR transfers! Found something better? We'll match it.
Till 30 June ‘22, get S$30 Shopping Vouchers^ by referring your family & friends to the highest* SGD Fixed Deposit in SG! Min. placement of S$30k required. *Highest online published rate among banks in SG as of 1 Dec '21. T&Cs apply. ^T&Cs apply. SGD deposits insured up to S$75k by SDIC.
Schedule a consultation with a Personal Banker, from the comfort of wherever you are, via Web Conferencing!
Our curated library of resources with the latest articles, videos, infographics and more!
Cards with no annual fees with up to 10%* Cashback. Apply & get S$150* Welcome Gift!
Maximum Age: 12 & Below for Child
Document(s) Required
Terms & Conditions
Important Notes
Till 30 June ‘22, get S$30 Shopping Vouchers^ by referring your family & friends to the highest* SGD Fixed Deposit in SG! Min. placement of S$30k required.
*Highest online published rate among banks in SG as of 1 Dec '21. T&Cs apply. ^T&Cs apply. SGD deposits insured up to S$75k by SDIC.