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At HL Bank, we believe saving should be straightforward and rewarding. iSavings Account offers you competitive interest rates without the hassle of multiple conditions.
Interest is calculated daily and credited monthly. The interest rate is effective 01 July 2024 and HL Bank reserves the right to revise these interest rates from time to time in its own absolute discretion.
Features & Benefits
Easy Access
Manage your account through HL Bank Connect (for individuals) and keep track of your finances at your convenience.
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Monthly e-Statement
Keep track of your bank account with monthly e-statement that is encrypted and sent to you via email.
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Eligibility
- Applicants must be 16 years old and above
- The account is available for individuals, either on a single or joint-name basis
- Each accountholder can have a maximum of one individual account and one joint account
- The account is open to Singapore citizens, permanent residents, and foreigners with valid documentation
- Account opening is subject to the Bank’s approval
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Terms and Conditions apply.
Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporate, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
- S$5 monthly service fee; waived with a minimum average daily balance of S$5,000
- S$30 early closure fee if account is closed within 6 months of opening
- Fees and charges apply for over-the-counter transactions