Best Savings Accounts in Singapore 2026
All 14 savings accounts ranked by effective interest rate, based on a typical profile ($3,000 salary, $500 card spend, $50,000 balance). Use the calculator for personalized results.
Cash Smart Enhanced
Endowus
Cash Mgmt3.50%
$146/mo
Cash+ Guaranteed
Syfe
Cash Mgmt3.40%
$142/mo
Simple Guaranteed
StashAway
Cash Mgmt3.30%
$138/mo
FastSaver Account
CIMB
Bank3.00%
$125/mo
Mari Savings
MariBank
Digital Bank2.88%
$120/mo
GXS Savings
GXS Bank
Digital Bank2.68%
$112/mo
Trust Savings
Trust Bank
Digital Bank2.50%
$104/mo
OCBC 360 Account
OCBC
Bank2.05%
$85/mo
DBS Multiplier
DBS
Bank1.85%
$77/mo
Chocolate Finance
Chocolate Finance
Cash Mgmt1.48%
$62/mo
SaveUp Account
Maybank
Bank1.20%
$50/mo
UOB One Account
UOB
Bank1.05%
$44/mo
BonusSaver
Standard Chartered
Bank1.05%
$44/mo
SmartSaver
Bank of China
Bank0.60%
$25/mo
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Open CalculatorFrequently Asked Questions
What is the best savings account in Singapore?
Based on a typical profile ($3,000 salary, $500 card spend, $50,000 balance), the best savings account in Singapore is the Cash Smart Enhanced with an effective rate of 3.50% p.a. However, the best account for you depends on your specific situation — use our calculator for personalized results.
What is the highest interest savings account in Singapore?
The highest effective interest rate among Singapore savings accounts is 3.50% p.a. from Cash Smart Enhanced, based on default assumptions. Digital banks and cash management platforms may offer higher flat rates without conditions.
Are digital bank savings accounts safe in Singapore?
Yes, digital banks like Trust Bank, GXS Bank, and MariBank are fully licensed by the Monetary Authority of Singapore (MAS) and covered by the Singapore Deposit Insurance Corporation (SDIC) up to $100,000 per depositor per bank. Cash management platforms like Chocolate Finance, Syfe, and StashAway are NOT covered by SDIC.