A detailed comparison of Singapore’s top digital banks in 2025, covering features, fees, and customer experience.



Singapore’s digital banking scene is now home to several established players, each with unique offerings. In 2025, the leaders include Trust Bank, GXS Bank, and MariBank—all licensed under the Monetary Authority of Singapore (MAS).

Trust Bank has built a strong reputation for its cashback rewards and zero-fee savings accounts. Its partnership with major retail groups also brings frequent merchant promotions. GXS Bank, a Grab-Singtel venture, focuses heavily on micro-savings features and flexible goal-based accounts, ideal for gig economy workers. Meanwhile, MariBank, backed by Sea Group, integrates its banking services seamlessly with e-commerce and gaming platforms.

When comparing, look at:

  • Interest rates and fees – Digital banks often outcompete traditional institutions.
  • App usability – Navigation, speed, and reliability can vary significantly.
  • Customer support – Live chat, response time, and language options matter.
  • Ecosystem integration – Some link directly with ride-hailing, shopping, or investment platforms.

Choosing the right bank ultimately depends on your lifestyle and financial habits. Many Singaporeans now hold accounts with more than one digital bank to maximize benefits.

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Sophia Tan

About the Author

Helen Lili – Editor, Research Lead
Helen leads tariff analysis and product change tracking. She maintains the normalized dataset that powers our comparison tables and ensures each claim links back to a dated primary source. Read more articles

Disclaimer:The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions. The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.