Last updated on 2023-07-01
Decent interest rates for savings account
Low minimum deposit
Online savings account interest rate with no requirements
Interest rates only applicable for fresh funds during promotional period
Foreign Bank with limited branches
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Interest | Effective Interest | |
---|---|---|
First $20k | 0.88% p.a. | 0.88% p.a. |
Next $30k | 0.88% p.a. | 0.88% p.a. |
Next $150k | 3.28% p.a. | Up to 2.68% p.a. |
Next $800k | 3.28% p.a. | Up to 3.16% p.a. |
Above $1m | 3.28% p.a. | Up to 3.28% p.a. |
Earn up to 3.28% p.a. without fixed deposit commitments
Deposit amount made in relation to the promotion must be in Fresh Funds
Easy internet banking login and transactions can be tracked online conveniently
Low initial deposit of $5,000
$5 monthly service fee; waived with a minimum average daily balance of $5,000
No lock-in period unlike fixed deposits
Click here to go to HL Bank's website for more details