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POSB MySavings Account 50~800

POSB MySavings Account 50~800








POSB My Savings Account
MySavings Account.
Disciplined savings can sometimes seem tough and cumbersome. But, with MySavings Account, you'll find disciplined saving easy and convenient.

1  Disciplined saving made easy
Save conveniently with the automatic monthly saving feature. You choose the amount and date, and the funds will be automatically transferred from your DBS/POSB account into the MySavings Account each month1

Plus, enjoy the flexibility to change the monthly savings amount and date anytime1, to best meet your savings needs. 
2  Freedom with disciplined savings 
No fixed tenor, so you save as long as you wish or terminate it anytime. And, should you need the funds for that special occasion, withdraw at any DBS/POSB branch2.

There is also no minimum balance requirement, monthly fee or account closure fee.

In addition, as and when you have surplus funds to save, deposit them into MySavings Account at our ATM, Internet Banking, Cash Deposit Machine or any branch.
3  Enjoy special monthly interest3
The interest rate will be based on your monthly savings amount.

Terms and conditions
[Minimum balance ] No
[Minimum monthly deposit] $50
[Maximum monthly deposit] $800
[Fixed tenor] No
[Early closure fee] No
[Interest after withdrawal] 0.25%
[Terminate account] three consecutive lapse in monthly contribution
[Rate] 0.40%

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