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Proceed

Earn up to 1.95% p.a. interest without locking in your money and seize future opportunities with e$aver

e$aver Savings Account

Earn up to 1.95% p.a. interest without locking in your money and seize future opportunities with e$aver

e$aver

Make your money work harder with e$aver account

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soCash

From now till 30 November 2019, earn up to 1.95% p.a. interest on eligible deposit balance of S$1 million with no lock-in period when you bring in incremental fresh funds* (compared to September 2019’s average daily balance).

Deposit Balance Tier
Prevailing Interest Rate on Deposit Balance
Bonus Interest Rate on eligible Incremental Balance
Total Interest Rate on eligible Incremental Balance
<S$50,000 0.10% p.a. 1.70% p.a. 1.80% p.a.
S$50,000 to <S$200,000 0.15% p.a 1.85% p.a.
≥S$200,000 0.25% p.a. 1.95% p.a.
* “Fresh funds” means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period.
Service
Amount (SGD)
Minimum initial deposit S$0
Minimum average daily balance S$1,000
Fall-below fee
(per month)
S$5^
Early account closure fee (within 6 months) S$0
Counter transaction S$5 per cash withdrawal
^ These new and/or increased fees and charges are applicable to Personal Banking customers, effective from 28 August 2015. Click here for more information.

Eligibility & Documents

Eligibility

  • Nationality: Singapore citizen / Singapore permanent resident / foreigner
  • Age requirement: Minimum 18 years old

Documents Required

  • Mandatory supporting documents for Singapore citizens and permanent residents:
    • NRIC (front and back)
  • Mandatory supporting documents for foreigners:
    • Passport
    • Employment Pass
    • Any of the following documents:
      • Utility bill within the last 3 months
      • Bank statement within the last 3 months
      • Letter from the human resource department of current employer stating address
      • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
      • Telecommunications bill within the last 3 months
      • Tenancy agreement

Terms & conditions

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.