Anonymous

04 Jan 2021

∙

General Investing

Which bank to open SRS account with?

Which is the best bank to open SRS account with?

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Kok Hong

04 Jan 2021

Any bank works cause all the same interest rate, only 0.05%. Maybe u can check if got any account opening gifts, if dont have then just go for the bank which u are already using otherwise many banks also very confusing

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Elijah Lee

04 Jan 2021

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

There isn't any 'best' bank to open your SRS account with unless you particularly like one particular interface over another.

SRS functions the same regardless of bank. I did mine with POSB/DBS as I could do it online.

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1M45

26 Dec 2020

The bank where your salary credited? Everything together easy manage....

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Related Posts

I have missed the bank SRS account opening promos. Should I wait till next year? As the retirement age is still 62 even if I open SRS account in 2021?

As a foreign national, should I open a SRS account? Is it worth it? And more importantly, with which bank and invest that money in what instrument?

At what age should one open SRS account with bank?

Is EPS automatically linked to my bank account if I have not opened a brokerage account yet? Is it the same as my bank account if I've been receiving coupons from SSB?

Can someone enlighten me on what it means by it is an insurance policy account and not a bank account, such as Singlife? What are the cons as compared than opening a bank account for my emergency funds?