Money Lobang

Trust Bank Savings Account

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Rating: 0 Star0.0/5.0 (0 Reviews)
Interest RateUp to 3.50% Image
Min. Deposit $0 Image

Last updated on 2024-10-31

Trust Bank Savings Account Review

Pros Pros

High interest rates and deposit limit for a no-frills savings account

No minimum deposit or fees

Easy to open account

Cons Cons

Higher interest rates only for NTUC members

Deposit Details Trust Bank Savings Account Interest Rates

  Interest
Base Interest 1.25% p.a.
Spend Bonus 1.00% or 0.50% p.a.
Balance Bonus 0.50% p.a.
Salary Bonus 0.75% p.a.
Total 3.50% or 3.00% p.a.

 

Earn 1.25% p.a. base interest

Earn 0.50% p.a. bonus interest when you maintain at least $100,000 in average daily balance for the month

Earn 1.00% p.a. bonus interest for first $800,000 deposit for NTUC Union members when you make at least 5 purchases (min. $30 each) on Trust Bank Link Card monthly OR

Earn 0.50% p.a. bonus interest for first $800,000 deposit when you make at least 5 purchases (min. $30 each) on Trust Bank Link Card monthly

Earn 0.75% p.a. bonus interest for first $800,000 deposit when you credit a minimum salary of $1,500 in a single transaction through GIRO within the same month

Highest effective interest rate of 3.50% / 3.00% p.a. on first $800,000 deposit for NTUC Union members / non-NTUC Union members

Earn 0.05% p.a. interest for deposits above $800,000

Apply with a Trust Bank Link Card which can instantly switch between debit and credit to suit your spending needs

No fees

No minimum balance

No lock in period

Fund account using FAST or PayNow

 

Click here to go to Trust Bank website for more details

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