Dazzling High Interest Rates of up to 5.5% p.a. on your savings!

From 1 September 2022, the prevailing interest rates for the High Yield Savings Plus Account and Premier Plus Account have been increased across all tiers with no other underlying criteria.

To sweeten the deal further, if you top up your account with incremental fresh funds from 1 September 2022 to 30 November 2022, you will get an additional boost of 3% p.a. bonus interest on your savings. This means that you can earn up to 5.5% p.a. with Premier Plus Account or up to 4.5% p.a. with High Yield Savings Plus Account.

High Yield Savings Plus Account

Deposit Balance Amount

Prevailing Interest Rates

Bonus Interest

Total Interest

First S$50,000

1.20% p.a.

+ 3% p.a.

on your monthly incremental average daily balance

4.20% p.a.

Next S$25,000

1.30% p.a.

4.30% p.a.

Next S$25,000

1.40% p.a.

4.40% p.a.

Above S$100,000

1.50% p.a.

4.50% p.a.

Premier Plus Account

Deposit Balance Amount

Prevailing Interest Rates

Bonus Interest

Total Interest

First S$200,000

1.50% p.a.

+ 3% p.a.

on your monthly incremental average daily balance

4.50% p.a.

Next S$300,000

2.00% p.a.

5.00% p.a.

Next S$500,000

2.50% p.a.

5.50% p.a.

Above S$1,000,000

1.50% p.a.

4.50% p.a.

Date
(2022)

End Day Balances

Average Daily Balance
(sum of all end day balances / no. of days in the mth)

Incremental
 Average Daily Balance

(current mth ADB - previous mth ADB) 

Interest Earned
(S$)

01 Aug to 31 Aug

0

0

NA

Prevailing interest: 0

Total Interest Earned (Aug)

S$0

01 Sept to 30 Sept

200,000

200,000

200,000

Prevailing interest: 200k x 1.5% / 365 days x 30 days = 246.58

Bonus interest: 200,000 x 3% / 365 days x 30 days = 493.15

Total Interest Earned (Sept)

S$739.73

01 Oct to 10 Oct

200,000

741,935.48

541,935.48

Prevailing interest: 200k x 1.5% / 365 days x 10days = 82.19

11 Oct – 31 Oct

1,000,000

Prevailing interest: {(200k x 1.5%) + 300k x 2.0%) + (500k * 2.50%)} / 365 days x 21 days = 1,236.99

Bonus interest: 541,935.48 x 3% / 365 days x 31 days = 1,380.82

Total Interest Earned (Oct)

S$2,700.00

01 Nov to 30 Nov

500,000

500,000

No incremental

Prevailing interest: {(200k x 1.5%) + (300k x 2.0%)}/ 365 days x 30 days = 739.73

Bonus Interest: 0

Total Interest Earned (Nov)

S$739.73

Say goodbye to fall below fees

With no minimum balance required and no fall below fees, enjoy high interest rates with our High Yield Savings Plus account. That’s an extra cup of coffee or two each month on us!

Unrivalled flexibility with your funds

Spend and save anytime you want throughout the year, without worrying whether your money is locked in. You will still enjoy high interest rates unrivalled by any other accounts in the market.

Access all your banking features on the go with RHB Mobile

With RHB Mobile integration, manage your accounts, transfer funds and apply for new products anytime, anywhere.

Open a High Yield Savings Plus Account or Premier Plus Account by downloading RHB Mobile SG App now        

               

Interested? Find out more!
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Eligibility
  • Singaporeans or Singapore Permanent Residents

  • 18 years and above

  • Foreigners with Employment Pass or Work Permit Holders

Documents Required

Singaporeans or Singapore Permanent Residents (PR)

  • Original NRIC or Passport, verified by branch

Foreign individuals

  • Employment Pass or Work Permit

  • IC or Passport

  • Latest original copy of any bank statement, utility or telecommunication bill with residential address (Proof of residential address)

  • Any other documents requested by the Bank at its sole discretion

Deposit Insurance Scheme

Singapore Dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

MoneySENSE Guide

Before committing to a financial product, you are encouraged to read the ‘Understanding Financial Products’ by The Association of Banks in Singapore and MoneySENSE guide. Learn more

Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.