Compare Singapore High Yield Savings Accounts
| Account Name | Yearly Interest | Effective Interest Rate (EIR) | Remarks | Updated at | Actions |
|---|---|---|---|---|---|
| UOB One Account | $0.00 | 0.00% | Visit their official website to find out more | 2025-12-01 | |
| OCBC 360 Account | $0.00 | 0.00% | Visit the official website to find out more | 2026-04-05 | |
| Mari Savings Account | $0.00 | 0.00% | Interest rates are a flat 0.88% Capped at $100k Referral code: 4QTP99MT | 2025-12-27 | |
| Standard Chartered Bonus$aver | $0.00 | 0.00% | Insurance and Investment only fulfils interest for 6 months | 2026-06-05 | |
| Trust Bank (Signature) | $0.00 | 0.00% | Spending assumes 5 x $30 if spending is more than 150. | 2026-06-05 | |
| Trust Bank (Zen) | $0.00 | 0.00% | A Flat 0.4% interest rate up to 1.2 million | 2026-06-05 | |
| DBS Multiplier Account | $0.00 | 0.00% | No eligible if you are younger than 18. Spending includes credit card / paylah retail spend | 2025-10-14 | |
| GXS Savings Account | $0.00 | 0.00% | Calculated using boost pocket (3 months) up to $85,000 with remaining balance in saving pockets Note: The max amount deposited depends on individual (up to $95,000) View other Notices here | 2026-06-05 | |
| Chocolate Finance | $0.00 | 0.00% | 1st 20k 2% p.a, next 80k 1.8% p.a. Amounts above 100k are invested and will not be counted here. Note: This is not a bank Referral link | 2026-06-05 | |
| BOC SuperSaver | $0.00 | 0.00% | This account is valid from 2024-08-01 onwards. Note: You have to link your paynow to this account to qualify for the sale. | 2025-11-01 | |
| Maybank SaveUp | $0.00 | 0.00% | Flat tiered rates: 0.1875% (first $3K), 0.25% (next $47K), 0.3125% (above $50K). No more category-based bonus system. | 2026-06-11 | |
| Maybank iSAVvy | $0.00 | 0.00% | Flat tiered rates (non-additive): 0.1875% (<$5K), 0.30% ($5K–$50K), 0.38% (≥$50K). Rates effective from 11 June 2026. | 2026-06-11 | |
| Maybank iSAVvy Plus | $0.00 | 0.00% | Flat tiered base rates: 0.1875% (<$5K), 0.30% ($5K–$50K), 0.38% (≥$50K). +1.52% p.a. bonus (paid every 6 months) only if ADB increases every month. Set 'Account Increment' > 0 to qualify for the bonus. | 2026-06-11 | |
| Citi Wealth First Account | $0.00 | 0.00% | Only Citigold and above members above 18 years old can access this perk (IE: more than 250k avg balance) Bonus interest capped at first $500k. *Assumes Citigold level, Citi Private has a higher level. | 2026-06-05 |
** Please do your own research before making any decisions, the numbers here serve as a guide.
*** Please ask around in your friend group for referrals to get additional bonuses, you can use the my referral code if your friends do not have any.
Frequently Asked Questions
The calculator applies the tiered interest rate structure published by each bank to the balance and monthly deposit you enter. For accounts with bonus criteria, it assumes you meet the qualifying conditions (e.g., salary crediting, credit card spend, GIRO payments). The total yearly interest is divided by the average monthly balance to produce the Effective Interest Rate (EIR).
3 sources
- DBS Multiplier Interest Rates— Tiered bonus interest structure based on total eligible transactions across income, credit card spend, home loan, insurance, and investments.
- OCBC 360 Account— Stacked bonus categories (Salary, Save, Spend, Grow, Insure, Invest) each adding to the base rate.
- UOB One Account— Two-criteria bonus structure: minimum card spend plus either salary crediting or GIRO debit transactions.
Banks advertise the maximum possible rate — often requiring a high balance, salary crediting, credit card spend, and multiple GIRO bill payments. The EIR shown here reflects what you actually earn given your specific balance and whether you meet the bonus criteria. If you don't meet all criteria, your effective rate will be lower.
3 sources
- OCBC 360 Interest Rates— Advertised maximum rate (4.45% EIR) requires meeting all 6 bonus categories: Salary, Save, Spend, Grow, Insure, and Invest. Missing any category reduces the rate.
- UOB One Account Rate Revision (Dec 2025)— Maximum 1.90% EIR on S$150,000 requires both S$500 eligible card spend AND minimum S$1,600 salary credit via GIRO/PAYNOW.
- DBS Multiplier — How It Works— Bonus interest tiers determined by total eligible transaction amounts. Advertised maximum assumes high transaction volumes across multiple categories.
Each account has a different sweet spot. Some (like OCBC 360) cap bonus interest at the first S$100,000, while others (like UOB One) cap at S$150,000. Use the calculator to try different balances and see which bank gives you the best EIR for your specific situation. Generally, spreading money across multiple accounts to capture each bank's best tier is more optimal than putting everything in one account.
3 sources
- OCBC 360 — Balance Cap— Bonus interest applies on the first S$100,000 of account balance. Grow Bonus requires S$250,000.
- UOB One Account — Balance Cap— Maximum effective interest rate applies on deposits up to S$150,000.
- DBS Multiplier — Balance Cap— Bonus interest applies on the first S$100,000 (or S$50,000 for the no-income tier for those aged 29 and below).
We monitor official bank pages and update the data as soon as changes are announced. Banks typically revise rates monthly or quarterly, though some have held rates steady for over a year. The "Updated at" column in the comparison table shows the last confirmed date for each bank. You can also view the full rate history on the Rate History page or each bank's detail page.
2 sources
- OCBC 360 Rate Revision (May 2026)— Example of a recent rate change: OCBC 360 restructured rates effective 1 May 2026, announced one month prior.
- UOB One Rate Revision (Dec 2025)— Example: UOB One revised rates to 1.90% EIR effective December 2025, announced one month prior.
No. Interest rates are subject to change by the banks at any time without notice. The rates shown are based on publicly available information and are intended as a guide only. Always verify the latest rates on the bank's official website before making decisions. This tool is not financial advice.
2 sources
- OCBC 360 — Terms & Conditions— Banks reserve the right to vary interest rates and bonus criteria at any time without prior notice, as stated in account terms.
- MAS — Consumer Advisory on Deposit Products— MAS guidance that deposit product rates are not guaranteed and consumers should verify terms directly with the financial institution.