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