Deposits
GoVault Account
Your Ultimate Protection Against Scammers
You get to enjoy the best of both worlds with the new GoVault Account! Our GoVault Account lets you safely lock away your hard-earned savings, preventing them from being transferred out by scammers while earning attractive interest rates.
Our Features
- Low initial deposit of $200
- No criteria to fulfil to earn an attractive interest rate – no need for salary crediting, credit card spending etc.
- Online enquiry of account balances and transaction history
- Deposit funds to your account via FAST, cash or cheque
- Monthly interest crediting
- Daily rest interest computation on deposit balance
Join us in the fight against scammers!
Please visit any of our branches for account opening, withdrawal, and account closure. Start saving with just $200! It’s easier with us.
Interest Rates
| Current | |
|---|---|
| Account Balance | Interest Rate |
| First $100k | 2.50% p.a. |
| Next $150k | 2.15% p.a. |
| Next $150k | 2.20% p.a. |
| Next $100k | 2.30% p.a. |
| Above $500k | 2.00% p.a. |
| With Effect From 15-May-2025 | |
|---|---|
| Account Balance | Interest Rate |
| First $100k | 2.28% p.a. |
| Next $150k | 1.80% p.a. |
| Next $150k | 1.88% p.a. |
| Next $100k | 1.90% p.a. |
| Above $500k | 1.80% p.a. |
* The above rates are subject to changes without prior notice.
Other Terms & Conditions
Applicable to personal accounts only
E-Statement based savings account
Withdrawal of funds can only be done over-the-counter.
Fall-below fee of $2 if average daily balance for the month falls below $200
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.
Deposit Insurance
Click here to learn more about the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.
Terms & Conditions
Click here for the Terms & Conditions Governing Savings and Fixed/Call Deposit Accounts
Additional Terms & Conditions
Click here for the Terms & Conditions Governing GoVault Account.