We now know the 4 winners of the digital bank licences in SG. On a scale of 1-10, how confident enough are you about digital banks that you are willing to use the financial services they provide?

Hi anon, I might park some funds in there if the interest rates are enticing enough to switch over. But I don't think I would move the bulk of my savings to them. In terms of the rating scale, I would say 6 out of 10.

It'll be interesting to watch what kind of innovative products the new digital banks can provide for Singaporeans to try.

I will only use them if they offer higher interest rate for savings account or super low interest loans. I won’t entrust my money in those bank without SDIC.