|High-Yield Savings Account|
|Initial Deposits||Minimum S$10,000|
|Monthly Minimum Average Account Balance||Nil|
|Fall Below Fee||Nil|
|Account Closure Fee||S$30 only if account is closed within 6 months of opening|
Singapore Dollar deposits of non-bank depositors are insured by the Singapore Deposits Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law.
Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Click here to find out more about the Deposit Insurance and Policy Owners' Protection Schemes Act 2011.