Parents can open Junior Save accounts for their children from birth up to the age of 16years. Link the POSB Everyday Card to your DBS or POSB Savings or Current account to use card at ATM. Select Request and click on More Requests. If you foresee using the account to pay off the above-mentioned child-related expenses, such as school fees for kindergarten, it makes sense to deposit at least S$3,000 in the CDA to take advantage of the dollar-for-dollar matching by the government. Why open a savings account for your child . My Account for your child. Funds exceeding INR 1 lakh in the basic savings account can be transferred to your linked POSB account. In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB … Debit Cards. ; Earn a bonus interest rate of 2.00% p.a. (Applicants below 18 years old must have a valid iBanking login or ATM/Debit Card to apply online) Fee. How to convert to a POSB Everyday Savings Account. Your savings … In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque. Your account number. In line with prevailing industry practice, effective 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque. Start a personal or joint account … Switchboard Lines +263 242 793831-7. Low income adults will find no better savings account than POSB Everyday Account. Parent/ guardian’s original and clear copy of ID (National ID, Driver’s License or valid passport). Fixed Deposit – Singapore Dollar & Foreign Currency, Terms and Conditions Governing Accounts with effect from 10 February 2021, Terms & Conditions Governing Electronic Services. POSB Everyday Savings Account. Instead of giving you interest on your account balance based on what transactions you perform like DBS Multiplier or OCBC 360, it … Log in with your 6-Digit iB Secure PIN. Enjoy higher interest when you credit your salary, and enjoy successful monthly savings with us. Make no withdrawals from the POSB SAYE Account . POSB Smart Buddy. POSB Singapore offers a diverse range of savings accounts suitable to varying needs, including the DBS Multiplier Programme, eMySavings account, DBS multi-currency autosave, DBS Remix eSavings Plus and DBS eSavings Plus. 1,000+ activities to enrich your child’s education and keep the fun of learning. Click here to find out more. The base interest rates for POSB SAYE starts from 0.05% - 0.25% p.a, depending on your Monthly Savings Amount. POSB Smiley CDA provides a 2% interest per annum, up to S$50,000. Asked on 14 Aug 2019. Simply log in with your … Need to open new POSB/DBS savings account? Now POSB (post office saving bank) account holders can do online transactions through their post office savings bank account like other banks. POSB Smart Buddy You’ll be able to link it to your child’s account to automatically save their unutilised pocket money. POSB eSavings Account. She is in great pain according to the vet. Ultimately, POSB SAYE Account is an ideal match for current POSB/DBS banking customers with a bit extra to spare for savings because it provides total convenience by way of auto-depositing, plus remarkably high rates for consistent growth. Celebrate every first with POSB Smiley CDA. POSB SAYE Account . Click here to find out more. POSB Singapore offers a diverse range of savings accounts suitable to varying needs, including the DBS Multiplier Programme, eMySavings account, DBS multi … India Post expects to make the Post Office Savings … POSB Everyday Savings Account. For people who are starting to realise what their future goals are, we believe that their savings plans are worth checking out. The game-like mechanism compels you to save regularly every month, making it easy to start saving for students or first jobbers.. POSB SAYE account I am glad to tell you that an android application is also available at Google Play Store to use DOP internet banking. Most Upvote. POSB Savings Account Interest Rates. Applicable to children below 16 years old, and do not own an existing joint alternate My Account. 1. Safe and secure. Account Details APY Updated; POSB SRS Account: 0.05%. Paydays made simple with direct salary crediting to your FDW every month. Earn up to S$130 a month, with no minimum account balance required. Forgot User ID or PIN; Frequently Asked Questions; Maintenance Schedule; Security & You The POSB Cashback Bonus isn’t so much a replacement for high-yield savings account as it is a very good supplement to it. Esteem Banking savings accounts do not accrue maintenance or withdrawal charged and are designed to help clients grow their money by earning tax free interest on money set aside over a given period of time. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Contact Us. A basic account that allows you to earn daily interest credited monthly as well as get cash-back on your debit cards. [Note that this step must be done in person] [Hack 1] Heartland Girl re-directed her Salary crediting into … Open Electricity Market. Start an account with $1 gift deposit Able to convert My Account to a DBS Multiplier Account No coin deposit fee (Pocket money-friendly!) Answer Now. eServices, web chat, website) to find out about the latest work pass requirements. Beginner Investing. Open an account online and stand a chance to win a S$38 Ang Bao. Utilities & Bills. Enjoy special savings rates by saving more with a preset monthly savings amount and crediting date. Mortage & Loans. It is today part of the DBS Group, a Singaporean … CDA has limitations as a kids savings account. Be rewarded with higher interest when you save more! Many parents would probably have opened a Child Development Account (CDA) to receive the Baby Bonus. POSB SAYE Account Reviews 2021. The only account that grows with your kid. Travel Insurance . How can I activate Intra Operable netbanking /mobile banking ? From 1966 … Key Benefits. You also have easy access to your cash through our branches and Singapore's largest ATM network. [tabList tabs="POSB Payroll Account|Another bank"][tab title="POSB Payroll Account"]Open a POSB Payroll Account … How do I close my DBS/POSB … It is mandatory to procure user consent prior to running these cookies on your website. Login Get Started. Set up a POSB SAYE Account and link to your existing POSB/DBS Account; Set a monthly savings contribution; Set a date for the amount to be deducted from your POSB/DBS Account; You can use the DBS Multiplier Account as your debiting account. 2) CDA closes when your child turns 13 years … POSB Singapore offers personal banking products like savings accounts, investments, insurance, personal loans, and online banking services. Click here to find out! No more queuing at the ATM or remittance centres for your basic … She saw the vet today and now is warded at vets for pets clinic. Both new and current customers of POSB/DBS are able to do the application online. Bonus: POSB SAYE savings account interest rates. After joint account is opened, they each deposited $250 to ensure that this account does not fall below the average daily balance of $500. Personal Insurance. Login Get Started. Broadbands. Savings Accounts DBS . Please prepare the following required documents prior to your application. Cool for school. Gone are the days where you need to visit a branch to open a new savings account. A preset monthly savings account (Flexible to save any amount from S$50 to S$3,000, in multiples of S$10, ... You must be at least 16 years old to open this account, and already have a DBS/POSB Savings/Current Account. POSB SAYE (Save As You Earn) is a special savings account that allows you to earn additional interest on your monthly savings. Most savings accounts have minimum balance requirements of S$500+ … POSB (CBS) Manual Note:- These rules apply to the Post Office Savings Accounts and, also mutatis, to (1) Post Office Savings Account (2) National Savings Recurring Deposit Account (3) National Savings Time Deposit Account (4) Public Provident Fund Account (5) National Savings Monthly Income Account (6) Senior Citizens Savings Scheme Account (7) Sukanya Samriddhi Account … A flexible savings account that allows individuals or collectives to save over reasonable longer periods with provisions for making frequent additional deposits into the account. If you’re unable to do so, you can make an appointment to visit our services … POSB Savings Accounts. A. IPPB has collaborated with the DoP (Department of Posts) for opening a Post Office Savings Bank (POSB) account which will be linked to your IPPB account. POSB SAYE Account. These cookies do not store any personal information. Now her abdomen has a hard lump and there is an open wound oozing pus and blood. This is because both DBS and POSB are … Remittance Join. Multi-Currency Cards. Interest Rate. An investment account targeting individuals, group of individuals and corporates who want to make savings and investments for different beneficiaries. This will work within POSB ie DoP network. Name of Savings Account: Interest Rate: Key Benefits: Minimum Deposit: Age Requirement for Child: Fees & Charges: POSB My Account: 0.05 per cent p.a. Prior to its acquisition, the … If you’re in the dark as to how regular savings … POSB clients can experience world class banking at their fingertips when they transact securely on the POSB Online Banking platform which now has more transaction sets and new features, improved … An automatic monthly Savings Account … Fee waiver. Important notice: Update of Terms and Conditions Governing Accounts (applicable to individuals) WEF: 10 February 2021. In fact, a variety of people can benefit–NSFs, individuals younger than 26 years old or older than 60 years old, on public assistance, or opening their first POSB account online are all exempt from the minimum balance requirement of S$500. Enjoy higher interest when you credit your salary and have successful monthly saving with us. POSB clients can experience world class banking at their fingertips when they transact securely on the POSB Online Banking platform which now has more transaction sets and new features, improved aesthetics and so much more. No applicable fees   Open eMySavings Account … For POSB accounts, Fees & Charges. Original and clear copy of ID (National ID, Driver’s License or valid passport). Forgot User ID or PIN; Frequently Asked Questions; Maintenance Schedule; Security & You Savings Account. Subsequently, they went down to the bank branch together and opened a joint POSB Everyday Savings Account bearing both their names. ; Earn a bonus interest rate of 2.00% p.a. All POSB accounts can be linked to the India Post Payments Bank (IPPB) accounts and can be operated through mobile app DakPay. A term deposit from a minimum of 1 month up to 12months with an option to withdraw or roll over at prevailing interest rates upon maturity. Complimentary POPULAR 1-year student membership 3 Perfect for when they start school. Post Office Saving Account customer to submit duly filled request form in respective Post Office, After enabling desired service in customers Savings Accounts by Post Office, customer will get activation code on his/her mobile within 48 hours to proceed further. Upon successful registration, you can manage your bank account, transfer money overseas, sign up for PayNow and Migrant Workers’ Centre membership on the go. Apply for your migrant worker’s POSB payroll Account. You also have the option to opt-out of these cookies. Savings competitions were also organised among all government and government-aided schools with the incentive of a POSB lucky draw to encourage students to open an account with the bank. Select Request and click on More Requests. Best Fixed Deposit Rates in Singapore 2021; Best Singapore Bank Savings Interest Rate 2021; Best Cashback Credit Card Singapore 2021 ; Best Credit Card for Groceries in Singapore 2020; Best … With POSB you are never too young to start saving. Click here to find out more. Important notice: Update of Terms and Conditions Governing Accounts (applicable to individuals) WEF: 10 February 2021. POSB eMySavings Account . Aug, 2019. What … Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Valid till 30 Sep 2020. The requirements to open POSB account is easy to meet as the minimum age required is only 16 for most of the accounts. Because you deserve more while serving the nation. Encourages saving culture as clients will only be able to make their first withdrawal after 3 months and are allowed a maximum of 4 withdrawals per year. Submit. Current proof of residence (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District District). Isabella Jo. Advanced Investing. A preset monthly savings account (Flexible to save any amount from S$50 to S$3,000, in multiples of S$10, ... You must be at least 16 years old to open this account, and already have a DBS/POSB Savings/Current Account… While you may feel that CDA may suffice as a bank account for your child, the account has its limitations. How to convert to a POSB Everyday Savings Account. Parent/ guardian’s current proof of residence (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District District). Important notice: Update of Terms and Conditions Governing Accounts (applicable to individuals) WEF: 10 February 2021. Write a POSB … Set up your Digital Token to continue banking online, seamlessly. This allows you to enjoy benefits from both the Multiplier Account and the SAYS Programme! Name of Savings Account. Credit your monthly salary into a existing POSB/DBS account and select it as the debiting account for the monthly savings contribution into the POSB SAYE Account. POSB SAYE Account Reviews 2021. The base interest rates for POSB SAYE starts from 0.05% - 0.25% p.a, depending on your Monthly Savings Amount. Gift deposit for anyone below 21 years old. More. Earn a 2% p.a. Open My Account … The investment can be used as security for a loan of up to 80% of the investment amount. Skip to content. Age Requirement for Child. The Post Office Savings Bank (POSB) and Oversea-Chinese Banking Corporation (OCBC) stand as two of the most trusted and dependable banks on the island, providing account holders with all sorts of banking services. A savings account designed for your everyday banking needs and comes with eStatements. Click here to find out more. Account holders who can refrain from making withdrawals can earn nearly as much with POSB SAYE Account as with top multi-product accounts … POSB Overview POSB Bank (formerly Post Office Savings Bank) is one of the largest local banks in Singapore that was established back in 1877. which they term as their 'Cash Gift Interest' ; To be eligible for the extra interest rates, you have to ensure i. a fixed monthly amount of at least S$50 and Your preferred minimum monthly savings. Back in the day, many of us nerds liked to open a second savings account. Open an account with another bank. POSB Everyday Savings Account. To encourage saving, clients will only be able to make their first withdrawal after 3 months and are allowed a maximum of 4 withdrawals per year. Currently I have a POSB eSavings account and MySavings account and I intend to have a higher interest earned for thr savings account. A basic account that allows you to earn daily interest credited monthly as well as get cash-back on your debit cards. This website uses cookies to improve your experience while you navigate through the website. The EasySave Account is ideal for individuals or groups desiring to save towards a specific goal over a specific time frame. POSB Everyday Savings Account does not offer bonus rates, which means individuals with moderate-to-high balance sizes will earn more elsewhere. For existing POSB/DBS account holders, you can apply for a joint alternate My Account with your child online. Payment Mode * Cash; Automated Internal Transfer; ZETTS Transfer (RTGS) (Please tick) Phone. Child’s original and clear copy of ID (National ID, Driver’s License or valid passport). 2 answers. You must be at least 16 years old to open this account, and already have a DBS/POSB Savings/Current Account. Anonymous. “How much to open a POSB savings account” is a popular question you might have. Open an account with another bank. Email posb@posb… Current Account Login to Online Banking Register for Online Banking Add Digital Wallets Earn Moneyback ... State Savings has a range of products to suit your needs. Established on 1 January 1877 as the Post Office Savings Bank, the bank now operates as part of DBS Bank, which acquired the institution and its subsidiaries on 16 November 1998.. cash gift on your account for abiding by a two-year lock-in period. You’ll be able to link it to your child’s account to automatically save their unutilised pocket money. You can help your FDW: Open a POSB Payroll Account. This website uses cookies to improve your user experience. Click here to find out more. No coin deposit fee 2 So they’ll be able to save more. POSB Savings Accounts. interest will be awarded on the amount that you decide to save monthly from your salary and credited to your account in the 13th and 25th month. Answers (2) Sort by . base interest Up to 0.25 per cent p.a. This category only includes cookies that ensures basic functionalities and security features of the website. With no minimum amount required, DBS Multiplier leaves no bunny behind. Waiver is limited to first 1000 … POSB is a Member of the Deposit Protection Corporation. Learn more POSB SAYE Account. 0 comments. POSB Singapore offers personal banking products and services including bank accounts, cards, loans, insurance, and investments. If you do not have a Savings Account with us, it will be automatically opened for you. For example, the CIMB FastSaver and UOB Stash accounts gave us up to … Mobile Plans. We'll assume you're ok with this if you continue to use this website, but you can opt-out if you wish. which … Growing their savings. Whatsapp Only +263 732200888. So, keep a minimum balance of $500 in your POSB savings account after the account is opened. Web Design by Shirishanu. Minimum Deposit. POSB Cashback Bonus is an interesting savings account. Savings account help + Follow • 3. POSB My Account. If I do, do I close one acct? YISHUN NEL AND EN EN POSB SAVINGS 358146880 EN EN is the rescued small black cat trapped in car(see post) in Feb last year. Apply now. S$1 gift deposit 1 When it’s time to get them started. Both new and current customers of POSB/DBS are able to do the application online. Genius. Other Insurance. Insurance. Log in to digibank Online with your User ID and PIN. The only account you need to get going in life. Club Constitution/ Resolution/ Minutes (for Club Savings accounts). Most of the accounts don’t require any minimum amount to open but you need to take note that some accounts do charge a fall-below fee.. If there is a failed crediting of monthly savings amount, withdrawal made or account is closed during the month: 0.050 ^ Cash Gift Interest ^ Cash Gift Interest for 24 months on your monthly savings in POSB SAYE Account when you credit your monthly salary to the linked debiting account… (Applicants below 18 years old must have a valid iBanking login or … Have an existing Savings or Current account? You have to activate DOP internet banking for your POSB account (Post Office account) and use its all services including … POSB Savings Account, Opening a bank account should be simple, fast and convenient, without having to visit the Branch. Determine a fixed monthly savings amount from $50 to $3,000 (in multiples of $10) Choose your preferred monthly savings … Online banking made simple for migrant workers. POSB Kids Account… Alternatively, you may also consider opening a DBS bank account as both … Most customers use our digital services (e.g. Answered on 21 Jul 2018. These cookies will be stored in your browser only with your consent. Tollfree +263 08004271. (Personal and Joint-alternate account available) My Account is a savings account that evolves with you and your child throughout your life stages. Under Other Services, select Request for POSB Passbook Conversion. Contact Center +263 242 252595/6. Do I open the DBS multiplier acct? New DBS and POSB credit card users receive S$150 cashback with POSB Everyday Card application online using Promo Code “150CASH”, and S$800 minimum spend in the first 30 days. Are you able to meet … My Account Kids. Convenient ways for you to perform simple banking transactions anywhere, anytime. See all card details 0.05% p.a. Enjoy higher interest when you credit your salary and have successful monthly saving with us. Account holders can be issued with a ZimSwitch enabled debit card for ease of transacting. Best of 2021. Choose your preferred monthly savings date (between the 1st and 25th day of the month) The additional 2.00% p.a. Log in to digibank Online with your User ID and PIN. We also use third-party cookies that help us analyze and understand how you use this website. Level 5. View Available Savings Accounts. POSB jolly offers you a shortcut to SMS Banking so you can access your POSB/DBS without the need to remember and type any keywords via SMS. Save a fixed amount of money in Singapore Dollars and Foreign Currencies at a fixed interest rate. Credit Cards. POSB SAYE (Save As You Earn) is a special savings account that allows you to earn additional interest on your monthly savings. POSB A/C No. A flexible savings account that allows individuals or collectives to save over reasonable longer periods with provisions for making frequent additional deposits into the account. Provide Authorisation for the conversion and click Next. Original ID (National ID, Driver’s License or valid passport), Provide for those who may not be able to manage their own affairs. Investments. Start saving in your Child Development Account via digibank Online, digibank Mobile, POSB/DBS Cash Machine, Cheque or by Standing Order. Features of POSB Baby Bonus NETS Card Perform transactions using your Baby Bonus NETS Card at Approved Institutions (AIs) registered with the Ministry of Social and Family Development (MSF). POSB Bank provides you with a wide range of deposit products with reasonable rates. Cards. POSB Bank (or simply known as POSB) is a Singaporean bank offering consumer banking services and is the oldest local bank in continuous operation in Singapore. base interest Up to 0.25% p.a. POSB Overview POSB Bank (formerly Post Office Savings Bank) is one of the largest local banks in Singapore that was established back in 1877. Under Other Services, select Request for POSB … Visit our site to apply for a product or to learn more about … Necessary cookies are absolutely essential for the website to function properly. Consumers with lower incomes or who aren't capable of maintaining consistent balances can greatly benefit from POSB Everyday Account, however. But opting out of some of these cookies may have an effect on your browsing experience. Can help your FDW: open a new savings account account targeting individuals, Group of individuals corporates! For example, the … POSB Everyday savings account Questions ; Maintenance Schedule ; &. A wide range of deposit products with reasonable rates balance sizes will earn elsewhere!, Letter from Employer, Headmaster, Chiefs or District District ) debit card for of... Account balance required uses cookies to improve your experience while you may feel CDA! Largest ATM network a preset monthly savings account ; open eMySavings account … Name of savings account,! Acquisition, the account has its limitations, anytime account can be issued with a wide of. Conditions Governing accounts ( applicable to individuals ) WEF: 10 February 2021 us up to … POSB Everyday account! A 2 % interest per annum, up to … POSB Everyday savings account preset... The following required documents prior to running these cookies on your debit cards for savings. This website uses cookies to improve your User ID and PIN to receive the Baby bonus account holders be. Having to visit the Branch pain according to the vet ) Phone have the option to opt-out of cookies... Keep a minimum balance of $ 500 in your browser only with your User ID and PIN CIMB FastSaver UOB! This website uses cookies to improve your User ID and PIN and investments for different beneficiaries National,. Branch to open a POSB Everyday savings account for your Everyday banking needs and with!, keep a minimum balance of $ 500 in your browser only with your User ID and.. You that an android application is also available at Google Play Store to DOP... To apply online ) fee be issued with a preset monthly savings and... 'Re ok with this if you ’ ll be able to do the online... Prior to posb savings account FDW every month a bank account like Other banks ll be able to link to. Are able to save more pets clinic opt-out if you do not have a higher interest when you credit salary! Dbs Multiplier leaves no bunny behind and now is warded at vets for pets clinic only. Individuals ) WEF: 10 February 2021 customers of POSB/DBS are able to do the application online ID Driver! Inr 1 lakh in the day, many of us nerds liked open. Activities to enrich your child, the account has its limitations that help us analyze and understand you. Letter from Employer, Headmaster, Chiefs or District District ) tell you that an android is. Worth checking out to enrich your child, the account is opened, fast and convenient, having. Your life stages be used as security for a joint alternate My account is ideal for individuals or groups to... Or … My account is a special savings account “ how much open. Proof of residence ( Latest Utility Bills, Letter from Employer, Headmaster, or... Updated ; POSB SRS account: 0.05 % - 0.25 % p.a from! And do not own an existing joint alternate My account POPULAR question you might have depending your. By a two-year lock-in period, however savings with us that CDA may suffice as a bank account for migrant... As you earn ) is a savings account POSB account My account each post-dated DBS/POSB SGD returned.! Be automatically opened for you account targeting individuals, Group of individuals and corporates want... Birth up to s $ 130 a month, with no minimum amount required DBS. Anywhere, anytime time frame month ) the additional 2.00 % p.a applicable fees & nbsp ; open account... To function properly Perfect for when they start school 80 % of the website I intend have... From birth up to 80 % of the DBS Group, a service fee will apply for each post-dated SGD! Set up your Digital Token to continue banking online, seamlessly amount required, Multiplier! Individuals with moderate-to-high balance sizes will earn more elsewhere Protection Corporation office saving bank account. To start saving old must have a savings account … “ how much to open a new savings account however... Us nerds liked to open a POSB Payroll account transferred to your child, the CIMB and. Second savings account, however copy of ID ( National ID, Driver ’ s account to automatically save unutilised... You do not own an existing joint alternate My account is a savings account, Opening a bank account be... Day of the DBS Group, a service fee will apply for a joint My. Might have Digital Token to continue banking online, seamlessly I close one acct monthly savings with us when ’! Preset monthly savings with us would probably have opened a child Development account CDA. Your browser only with your consent interest when you save more use cookies! In to digibank online with your User experience, Headmaster, Chiefs or District... Comes with eStatements email POSB @ posb… POSB SAYE ( save as you earn ) is special... The only account you need to visit a Branch to open a new savings account after the has. Banking needs and comes with eStatements when you credit your salary and have successful monthly savings and... Posb eSavings account and I intend to have a valid iBanking login or … My for... And clear copy of ID ( National ID, Driver ’ s original and clear copy of ID National. Multiplier leaves no bunny behind your Everyday banking needs and comes with eStatements automatic monthly savings (... Start saving understand how you use this website to digibank online with your User ID and.. Wide range of deposit products with reasonable rates stand a chance to win a s $ 38 Bao. Worker ’ s current proof of residence ( Latest Utility Bills, Letter from Employer Headmaster! Easy access to your application have an effect on your debit cards of deposit products with reasonable rates banks... Intra Operable netbanking /mobile banking cards, loans, insurance, and investments for different beneficiaries time to get in. Higher interest when you credit your salary and have successful monthly savings amount with prevailing industry,! Is mandatory to procure User consent prior to running these cookies may have an effect on browsing. And there is an open wound oozing pus and blood ” is a POPULAR question you have. Through their post office saving bank ) account holders can do online transactions through their office... Visit our services … savings account, Opening a bank account should be simple, fast and convenient without! Is today part of the investment can be issued with a ZimSwitch enabled debit card for ease of.... Ll be able to link it to your child ’ s License or valid passport ) current! Play Store to use this website uses cookies to improve your User ID and PIN the month ) additional! Close one acct, Chiefs or District District ) pain according to the today. Other banks prior to its acquisition, the CIMB FastSaver and UOB Stash accounts gave us up to the of... My account for abiding by a two-year lock-in period POSB/DBS account holders, you can help posb savings account:. Lock-In period POSB eSavings account and MySavings account and the SAYS Programme Minutes ( for club savings accounts.. So they ’ ll be able to link it to your child online abiding a... Or ATM/Debit card to apply online ) fee she saw the vet is today part the... 500 in your POSB savings account that ensures basic functionalities and security of! Monthly savings starts from 0.05 % at a fixed interest rate of 2.00 % p.a to child... Are absolutely essential for the website FDW: open a savings account includes that... Account for your child Chiefs or District District ) applicable to individuals ) WEF 10... Account, however now POSB ( post office saving bank ) account holders be. The application online through their post office savings bank account like Other banks $ 38 Ang.... District ) both new and current customers of POSB/DBS are able to link to. S $ 1 gift deposit 1 when it ’ s account to automatically save their unutilised pocket money savings. Complimentary POPULAR 1-year student membership 3 Perfect for when they start school starts from %... And UOB Stash accounts gave us up to … POSB Everyday savings account age of 16years banking... Account you need to get going in life accounts, cards,,... For thr savings account going in life I have a higher interest when you credit your salary and. Through the website both new and current customers of POSB/DBS are able to link it to your...., website ) to find out about the Latest work pass requirements services select! “ how much to open a POSB eSavings account and the SAYS Programme open an account and! 1 January 2021, a service fee will apply for each post-dated DBS/POSB SGD returned cheque out! Should be simple, fast and convenient, without having to visit a Branch open... Cookies that ensures basic functionalities and security features of the website or PIN ; Frequently Questions. Your monthly savings amount and crediting date for different beneficiaries apply online ) fee stored in your savings... Be used as security for a joint alternate My account is opened of savings account may... Investment account targeting individuals, Group of individuals and corporates who want to make savings investments! Month ) the additional 2.00 % p.a, depending on your monthly savings amount and crediting.... Have easy access to your linked POSB account notice: Update of Terms and Conditions Governing accounts applicable. Including bank accounts, cards, loans, insurance, and investments get cash-back on your debit.... Your User ID and PIN what their future goals are, we believe that their savings plans are worth out.