Compared: Best Fuss-Free Savings Accounts in Singapore (September 2026)
Want to earn some returns on your cash savings but tired of having to jump through hoops and fulfil conditions to earn some returns on your savings? Or just need a temporary account to park some cash and still earn something?
Here are a few of the best accounts I can find that does not involve conditions to fulfil like salary crediting or spending a certain amount each month. These are also protected by some form of SDIC coverage and offer instant withdrawals.
Note that Sing Investments & Finance (SIF) and Singlife are not banks but I am listing them here as they are covered under SDIC and offer instant withdrawals. SSB is also not a bank account, but it is guaranteed by the Singapore government and included for comparison.
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Comparison Calculator
Updated for September 2026. Highlights:
- Added Salary Bonus for MariBank
- Updated HSBC, Maybank, and CIMB with latest fresh funds promos
- Added October 2026 SSB for comparison
Monthly interest is approximated.
Mari Savings Account – up to 3.08% p.a. interest for new users,
| Details | |
|---|---|
| Interest | 0.88% p.a. base interest + bonus 0.40% p.a. with ShopeeVIP + bonus 0.20% p.a. with salary credit + bonus 1.60% p.a. for new users (first 30 days) |
| Maximum | 0.88% p.a. has no cap Bonus interest on first S$100,000 |
| Optimal For | Any amount up to S$100,000 |
In the month of August 2026, new users can get up to 2.88% p.a. on the first S$100,000 of their savings.
Existing users can get 1.28% p.a. (made up of 0.88% p.a. base interest and 0.40% p.a. ShopeeVIP bonus interests).
Sign up here:
Mari Savings Account / Credit Card
Use code 5HCT18VM
Account: 0.88% p.a.
Card: get unlimited 1.5 Shopee Coins on eligible Shopee spend, 1.5% cashback on eligible card spend and 1.5% cashback on overseas card spend with no fx fee. Read the review
🎁 Bonus Rewards
Sign up with code 5HCT18VM in September 2026
- If you sign up for Mari Savings Account as first product: get bonus S$8 and qualify as new user for Account
- If you sign up for Mari Credit Card as first product: get bonus S$15 (Savings Account will be opened as well, and you will qualify as new user for both Account and Card)
💰 Mari Savings Account
Sign up with code 5HCT18VM and get up to 2.88% p.a. on the first S$100,000.
| Interest Rate | |
|---|---|
| Base Rate | 0.88% p.a. |
| Bonus Rate | +1.60% p.a. on first S$100,000 for 30 days |
| Salary Bonus | +0.20% p.a. for ≥S$500 salary credit |
| ShopeeVIP | +0.40% p.a. on first S$100,000 |
| 3.08% p.a. |
💳 Mari Credit Card
Sign up for Mari Credit Card Bundle with promo code 5HCT18VM and spend S$300 within the first 30 days and get³:
- S$30
- S$70 Shopee voucher pack
⚠️ Terms and conditions
- Limited to the first 10,000 customers who successfully open a Mari Savings Account during the Promotional Rate Period, and successfully make Fixed Deposit placement(s) within 30 days from the date of successful account opening. Terms and Conditions
- Terms and Conditions For Bonus Units
- Terms and Conditions For Credit Card Promos
For reference only; refer to exact details in terms and conditions
GXS Savings Pocket – 1.08% p.a. interest on up to S$95,000
| Details | |
|---|---|
| Interest | 1.08% p.a. for Savings Pocket |
| Maximum | S$95,000 |
| Optimal For | Any amount up to S$95,000 |
GXS offers 0.88% p.a. for its Main Account, but there is no reason to leave money there when their Savings Pockets offer 1.08% p.a.
Some may misunderstand Savings Pockets to have some lock-in (which Boost Pockets do have), but you can instantly transfer your funds anytime to the Main Account and subsequently withdraw your money if you wish.
It’s an added step that takes literally seconds, but you get more interest than the Main Account without having to do much.
Sign up here:
GXS
GXS Savings Pocket: 1.08% p.a. on up to S$95,000
GXS FlexiCard: No minimum income required! Get unlimited cashback of up to S$3 for each transaction at least S$10 and above.
💰 GXS Savings Account
- Sign up for GXS Savings Account
- Get S$20 cashback when you deposit min. S$5,000 into 3-month Boost Pocket named “First Boost”
- On top of 1.22% p.a. interest on Boost Pocket, that is 2.82% p.a. effective interest
Use code SETH877
💳 GXS FlexiCard
Enjoy a free Grab ride and 18% cashback on all Grab spends in Malaysia all weekend! No minimum spend required³
⚠️ Terms and conditions
For reference only; refer to exact details in terms and conditions
Sign up here.
CIMB FastSaver Account – 1.05% p.a. on S$75,000 with bonuses
| Details | |
|---|---|
| Interest | Up to 1.05% p.a. +0.50% salary/GIRO +1% or 1.5% card spend +0.90% or 1% p.a. for fresh funds |
| Maximum Possible Interest | 3.40% p.a. on first S$25,000 |
| Optimal Balance | S$75,000 fuss-free (1.05% p.a.) S$25,000 with bonuses (up to 3.40% p.a.) |
CIMB FastSaver pays interest in tiers:
| Account Balance | Prevailing Rate | Bonus Interest |
|---|---|---|
| First S$25,000 | 0.50% | +0.90% or 1% p.a. for fresh funds +0.50% salary/GIRO +1% or 1.5% card spend |
| Next S$25,000 | 1.08% | +0.90% or 1% p.a. for fresh funds |
| Next S$25,000 | 1.58% | +0.90% or 1% p.a. for fresh funds |
| Above S$75,000 | 0.50% | +0.90% or 1% p.a. for fresh funds |
Without any hoops, S$75,000 is the sweet spot, giving an effective rate of about 1.05% p.a.
For September 2026, fresh funds of at least S$10,000 above your 31 August 2026 balance earn an extra 0.90% p.a., bringing S$75,000 to about 1.95% p.a.
Technically, the highest rate is on the first S$25,000. With fresh funds, salary/GIRO and S$800 CIMB Visa Signature spend, this can reach 3.40% p.a.
But once salary crediting, GIRO and card spend come into play, it is not quite as “fuss-free”. For this comparison, I would still treat S$75,000 as the practical sweet spot.
HSBC EGA – up to 1.80% p.a. on S$5,000,000 fresh funds
| Details | |
|---|---|
| Interest for <S$500,000 | Wealth or non-wealth customers with no withdrawals: 1.70% p.a. Non-wealth customers: 1.50% p.a. |
| Interest for ≥S$500,000 | Wealth or non-wealth customers with no withdrawals: 1.80% p.a. Non-wealth customers: 1.60% p.a. |
| Maximum | S$5,000,000 incremental fresh funds |
| Reference Month | August 2026 |
| Promotion Period | September to December 2026 |
HSBC releases monthly promotions for its Everyday Global Account, offering bonus interest on incremental fresh funds compared to a reference month.
For the September 2026 promotion:
| Incremental Fresh Funds | Wealth customers / non-wealth customers with no withdrawals | Other non-wealth customers |
|---|---|---|
| Below S$500,000 | 1.70% p.a. | 1.50% p.a. |
| S$500,000 and above | 1.80% p.a. | 1.60% p.a. |
The promotional rates apply to incremental average daily balances of up to S$5 million, compared against your August 2026 balance.
Non-wealth customers can also qualify for the higher rate by maintaining their incremental balance without withdrawals throughout the promotion period.
Tap here for terms and conditions.
HSBC Everyday Global Account
Monthly promos offering decent interest. Maintain S$50,000 of average daily balance and you can earn 8 miles per dollar with HSBC Revolution
New Accountholders
- S$1,600 Cash via PayNow; or
- Apple MacBook Air M4 15-inch 256GB (worth S$1,799); or
- 105,000 Max Miles(worth S$1,890)
Promotion is valid for new HSBC account customers only.
Successfully open an HSBC Premier account, deposit S$300,000 and maintain the balance for 6 months to be eligible for reward.
Promotion valid until 31st August 2026
For reference only; refer to exact details in terms and conditions
Singlife Account – 1.5% p.a. on up to S$10,000
| Details | |
|---|---|
| Interest | 1.5% p.a. on first S$10,000 1% p.a. for next S$90,000 |
| Maximum | S$100,000 |
Unlike others on this list, Singlife Account is not a savings account, but an insurance policy. Nonetheless, Singlife Account works very similarly to a bank account, giving instant withdrawals and even the ability to pay businesses via PayNow UEN. As an insurance policy, it is also covered by SDIC, though under Policy Owners’ Protection (PPF) instead of Deposit Insurance (DI) that covers bank accounts.
Note that you need to have at least S$100 for returns to be credited.
You can get more returns by buying more products from Singlife and you might want to consider that. I’ve always been warning people against buying products from “financial advisers”, so definitely be wary of getting severely shortchanged if you buy the wrong product. Some policies like term coverage can be essential, though do your own comparisons and due diligence before committing into financial products, especially those with lock-in periods.
Sign up here.
StanChart e$aver – 1.60% p.a. on up to S$2,000,000 fresh funds
| Details | |
|---|---|
| Interest | 1.60% p.a. on fresh funds |
| Maximum | S$2,000,000 fresh funds |
| Reference Month | July 2026 |
| Promo Months | August and September 2026 |
StanChart e$aver’s August 2026 promo is offering 1.60% p.a. on fresh funds compared to July 2026. Tap here for the terms and conditions.
StanChart JumpStart – 0.5% to 1.5% p.a. on up to S$50,000
| Details | |
|---|---|
| Interest | 0.50% p.a. (1.50% p.a. with investment) |
| Maximum | S$50,000 |
StanChart JumpStart has been a fuss-free account that I’ve always wanted, but Was too old by the time I discovered it — it is only for young adults between the age of 18 and 26. This is based on your age during application, so you can keep the account even if you grow out of this age bracket.
The account offers a 0.5% p.a. interest rate on up to S$50,000 without any conditions, and there is bonus 1% p.a. if you invest with the bank. I’ll repeat my warning about buying financial products from financial institutions again and be very careful before committing to any product, particularly those recommended by “advisers” and “consultants”. Generally, I wouldn’t touch investments with a lock-in period at all.
For more “vanilla” investments without lock-in commitments like unit trusts and stocks, it’s not out of the question, but at least compare the charges versus the increased interest you’d gain. You should also invest according to your risk appetite and time horizon, and not just do so for a small 0.5% p.a. extra interest.
You can see more details here.
UOB Stash – up to 1.51% p.a. on first S$100,000
UOB Stash can also be considered a fuss-free account of sorts, but you do need to fulfil one criteria — you need to maintain or increase your monthly average balance compared to the preceding month. This makes it less than fuss-free, though if you are just setting aside an amount you’re not going to touch for a while, you can consider this option.
| Balance | Interest Rate (p.a.) |
|---|---|
| First S$10,000 | 0.05% |
| Next S$30,000 | 1.35% |
| Next S$30,000 | 1.60% |
| Next S$30,000 | 2.00% |
| Above S$100,000 | 0.05% |
Because of the tiered interest rates, you will get the maximum interest rate of 1.51% p.a. only if you maintain S$100,000 in this account. Anything less (or more) than S$100,000 means that your effective interest rate drops below 1.51% p.a.
You could also pair it with the earmark promo for added cash rewards, though this would turn the account more into a short-term fixed deposit of sorts. I will cover this in greater detail so stay subscribed for updates.
Sign up here.
SIF GoSavers Account – fuss-free 1.30% p.a.
| Account Balance | Current |
|---|---|
| First S$250,000 | 1.30% p.a. |
| Next S$150,000 | 1.28% p.a. |
| Next S$100,000 | 1.29% p.a. |
| Above S$500,000 | 1.30% p.a. |
Singapore Savings Bond October 2026: 1.65% to 2.32% p.a. average returns
Returns: 1.65% to 2.32% p.a. average returns
Minimum: S$500
Maximum: S$200,000 across all SSBs owned
| Year from issue date | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest percent | 1.65 | 1.70 | 1.94 | 2.21 | 2.39 | 2.47 | 2.58 | 2.70 | 2.83 | 3.01 |
| Average return per year % | 1.65 | 1.67 | 1.76 | 1.87 | 1.97 | 2.05 | 2.12 | 2.19 | 2.25 | 2.32 |
October 2026 SSB open for subscription this month offers a one-year return of 1.65% p.a.
Terms and conditions apply
Please refer to each account’s terms and conditions for full details.
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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