Changes to Savings Account interest / hibah rates
From 1 December 2020, we will be changing the Savings Account interest/hibah rates for
- iSAVvy Savings Account
- iSAVvy Savings Account-i
- iSAVvy Savings Plus Account
- Prestige Savings Account
- Privilege Plus Savings Account
Click here for FAQ.
Thank you for banking with us.
iSAVvy Savings Account
|
Current (% p.a.) |
From 1 December 2020 | ||||
---|---|---|---|---|---|---|
Average daily balance |
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 |
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 |
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 |