This article compares the top personal bank accounts in Singapore for daily banking needs including spending, transfers, and online tools.


For everyday transactions, convenience and cost-efficiency are key. DBS Multiplier, OCBC 360, and UOB One are three of the most popular personal bank accounts in Singapore.

  • DBS Multiplier: Great for salary credit and bill payments. Offers higher interest when combined with credit card or loan usage.
  • OCBC 360: Rewards users who save monthly and credit salary. Good for those with consistent income.
  • UOB One Account: Offers tiered interest rates based on card spend and salary credit. Ideal for high spenders. Each offers mobile banking apps, ATM access across the island, and PayNow/FAST transfer support.

FAQ:

Q: Which account is best for saving?

A: OCBC 360 has the best interest structure for savers.

Q: Are there any monthly fees?

A: Most accounts waive fees if you maintain the minimum average balance.

User Comments:

  • “I use DBS Multiplier for all my bills and never had an issue.”
  • “OCBC’s app is really user-friendly, great for daily tracking.”

Editor's Note:

Look for accounts that reward your lifestyle—whether you spend, save, or transfer frequently.

Tags: daily banking, DBS Multiplier, OCBC 360, UOB One, bank comparison

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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.