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Changes to Savings Account interest / hibah rates

From 1 December 2020, we will be changing the Savings Account interest/hibah rates for

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Thank you for banking with us.

 

iSAVvy Savings Account

 

Current (% p.a.)

From 1 December 2020

Average daily balance
(SGD)

Interest Rate

Interest-on-Interest*

Effective Interest Rate

Interest Rate

Interest-on-Interest*

Effective Interest Rate

Below $5,000

0.1875

-

0.1875

0.1875

-

0.1875

$5,000 to below $50,000

0.3000

6

0.3200

0.2500

-

0.2500

$50,000 to below $100,000

0.3800

6

0.4000

0.2500

-

0.2500

$100,000 to below $200,000

0.3800

18

0.4500

0.2500

-

0.2500

$200,000 and above

0.5000

-

0.5000

0.3500

-

0.3500

*paid every 6 months

 

iSAVvy Savings Account-i

 

Current (% p.a.)

From 1 December 2020

Average daily balance
(SGD)

Indicative Rate

Dividend-on-Dividend*

Effective Rate

Indicative Rate

Dividend-on-Dividend*

Effective Rate

Below $5,000

0.1875

-

0.1875

0.1875

-

0.1875

$5,000 to below $50,000

0.3000

6

0.3200

0.2500

-

0.2500

$50,000 to below $100,000

0.3800

6

0.4000

0.2500

-

0.2500

$100,000 to below $200,000

0.3800

18

0.4500

0.2500

-

0.2500

$200,000 and above

0.5000

-

0.5000

0.3500

-

0.3500

*paid every 6 months

 

Prestige Savings Account

 

Current (% p.a.)

From 1 December 2020

Average daily balance
(SGD)

Interest Rate

Interest-on-Interest*

Effective Interest Rate

Interest Rate

Interest-on-Interest*

Effective Interest Rate

Below $200,000

0.3800

18

0.4500

0.2500

-

0.2500

$200,000 and above

0.5000

18

0.5900

0.3500

-

0.3500

*paid every 6 months

 

iSAVvy Savings Plus Account

 

Current

From 1 December 2020

Average daily balance (SGD)

Interest Rate(% p.a.)

Interest Rate (% p.a.)

Daily balance below $5,000

0.1875

0.1875

Daily balance of $5,000 to below $50,000

0.3000

0.2500

Daily balance of S$50,000 and above

0.3800

0.2500

Bonus Interest every 6 months

1.5600

1.5600

 

Privilege Plus Savings Account

 

Current

From 1 December 2020

Average daily balance (SGD)

Interest Rate (% p.a.)

Interest Rate (% p.a.)

First $3,000

0.4375

0.3500

Next $47,000

0.4375

0.3500

Remaining balance above $50,000

0.5000

0.3500