Singapore offers a range of high-yield savings accounts with flexible terms. We compare the top options for 2025.


Leading banks like DBS, Standard Chartered, and CIMB offer competitive interest rates on savings accounts in 2025.

DBS Multiplier remains popular for those who credit salary and spend with DBS cards. CIMB FastSaver offers no-frills high interest with no salary crediting requirement.

Key factors to consider:

  • Minimum deposit
  • Interest rate tiering
  • Fees for inactivity Always evaluate the effective interest rate (EIR), not just the headline rate. Also, consider banks with mobile-friendly apps and 24/7 support.

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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.