Hong Leong iSavings Account
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This product is managed by HL Bank (a member of the Hong Leong Group).
Summary
Hong Leong Bank iSavings Account
Account Features & Details
1) Key Features
- Base interest rate of 0.30% p.a
- Earn bonus interest rates of up to 1.78%
2) Interest Rate
- Base interest rate: 0.03% p.a
undefinedundefinedundefinedundefinedundefined - Max interest rate: 2.08% p.a
3) Eligibility
- Age: 21 years old and above
- Citizenship: Singaporeans, PRs, and Foreigners
4) Fees
- Minimum average daily balance: S$5,000
- Monthly service fee: S$5 (waived if minimum average daily balance fulfilled)
- Early account closure: S$30 (within 6 months of opening)
5) Application Process
How to apply?
- Apply online on Hong Leong Bank’s website
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This product is managed by HL Bank (a member of the Hong Leong Group).
Summary
Hong Leong Bank iSavings Account
Account Features & Details
1) Key Features
- Base interest rate of 0.30% p.a
- Earn bonus interest rates of up to 1.78%
2) Interest Rate
- Base interest rate: 0.03% p.a
undefinedundefinedundefinedundefinedundefined - Max interest rate: 2.08% p.a
3) Eligibility
- Age: 21 years old and above
- Citizenship: Singaporeans, PRs, and Foreigners
4) Fees
- Minimum average daily balance: S$5,000
- Monthly service fee: S$5 (waived if minimum average daily balance fulfilled)
- Early account closure: S$30 (within 6 months of opening)
5) Application Process
How to apply?
- Apply online on Hong Leong Bank’s website
Hong Leong iSavings Account
Up to 1.98% p.a.
INTEREST RATES
$5,000
MIN. INITIAL DEPOSIT
$0
MIN. AVG DAILY BALANCE
Hong Leong iSavings Account
Up to 1.98% p.a.
INTEREST RATES
$5,000
MIN. INITIAL DEPOSIT
$0
MIN. AVG DAILY BALANCE
0.0
0 Reviews
Most Helpful
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Popular Products
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773 Reviews
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Daily Balance | Prevailing Interest Rate (p.a.) | Bonus Rate (p.a.) | Promotional Rate (p.a.) |
|---|---|---|---|
First S$20,000 | 0.30% | 0.38% | 0.68% |
Next S$30,000 | 0.30% | 0.38% | 0.68% |
Next S$150,000 | 0.30% | 0.38% | 0.68% |
Next S$800,000 | 0.30% | 0.15% | 0.45% |
Above S$1,000,000 | 0.30% | 0.15% | 0.45% |
Promotional Interest Rates for HL iSavings
How to maximise the returns for Hong Leong iSavings Account?
- With an interest rate of 0.68% p.a. up to the first S$200,000, your best strategy is to park and wait for the interest rates to work for you.
Is this the best savings account for you in 2020?
In this current low-interest-rate environment, HL iSavings Account has a relatively high-interest rate for a simple, no-spending-criteria savings account.
Want to know how Hong Leong iSavings compares with other savings accounts? Here's a compilation of The Best Savings Accounts in 2021
Other fees: what else to look out for
- S$5 monthly service fee (waived with a minimum average daily balance of S$5,000)
- Minimum average daily balance: S$5,000
- S$30 early account closure fee, if the account is closed within 6 months of opening
Eligibility: who can apply HL iSavings
- age 21 years old and above
How to apply for HL iSavings
- Apply Online through HL Bank iSavings' website or Visit Hong Leong Bank
Contact HL Bank
- Tel: 68180503
- Address: 7 Wallich Street, #B1-25 and B1-26 Guoco Tower, Singapore 078884
Contact us at [email protected] should you require any assistance or spot any inaccuracies.
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