Compare bank accounts in Singapore

FinanceHero / Singapore / Banking

See fees, balance requirements, ATM costs, cards and digital access side by side.

Savings accounts

Savings accounts - selected products, no ranking
AccountBalance / monthly feeATM / transfersCard / appEligibilityKey caveat
DBS BankMy Account (SGD)
Opening: SGD 0Minimum: SGD 0No service charge; eStatements free. Paper statements SGD 2 monthly, waived through age 16.
ATM: Not availableTransfers: Not available
Debit card: YesApp: Yes
Personal online account age 16+; Singaporeans, PRs or eligible pass holders. NRIC/passport, address, tax-residency and relevant pass evidence.
Multi-currency account; comparison covers SGD use. Foreign-currency cash and overseas ATM services can have fees; no chequebook.
OCBC Bank360 Account
Opening SGD 1,000; average daily balance SGD 3,000 for fall-below fee waiver.SGD 2 monthly fall-below fee; waived for the first year.Interest: Base interest 0.05% per year; additional bonus interest conditional.
ATM: Not availableTransfers: Not available
Debit card: Not availableApp: Yes
18+; NRIC for Singaporeans/PRs or passport and valid pass for foreigners, plus address evidence.
Bonus interest depends on salary, saving, eligible spending or other conditions and balance tiers. Promotional/maximum rates excluded; eStatements only.

Checked: 7 Oct 2026 · Sources: dbs.com.sg · ocbc.com

Fees may exclude statutory charges.