Trust Bank Savings Account

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  seedly

  Posted 11h ago

  Purchased

  Savings Account by Trust (For Non NTUC Union Members)

  It took less than five minutes and no hassle to get my account set up and ready to go. Their app provides an intuitive user experience that is a delight to use. But it was extremely difficult to reach their customer support team.

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  Yun Hui

  Posted 6d ago

  Purchased

  Savings Account by Trust (For NTUC Union Members)

  [Fuss Free] Online application was done very quickly. Was quite surprised. [Interest] For NTUC members (silver card), there is basic interest of 1.5% for first 75k, with an additional 1.0% (if you spend 5 times using the card) . [Credit/ Debit Card Switching] The card itself can switch from debit to credit card in a button, pretty cool function! At first I was confused why the card kept deducting from my savings account, but I found out that the credit card function was not activated. You can use trust card on apple pay as well! You can use the app to purchase NTUC Income Travel insurance for additional 5% discount on top of whatever discounts you have, there are other rewards you can redeem too! This card is good for NTUC members and frequent NTUC shoppers with extra cash lying around and don't mind earning 2.5% interest, if that is you, refer below! On top of these, you still get the benefits of the NTUC member- such as UTAP, etc ! [Others] If you found this useful, you can use my referral code- NS7HKHQQ, and you will be rewarded with an additional $10 NTUC vouchers to spend more on snacks! Upon signing up and after first spend, you will also be rewarded with $25 to spend on even more snacks!

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  Poh JianHe

  Posted 9d ago

  Purchased

  Savings Account by Trust (For Non NTUC Union Members)

  [Fuss Free] Easy signup with good benefits [Interest] Quite good interest rate with no min spend [Application Process] Easy application process via singpass

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  Man The

  Posted 04 Jan 2023

  Purchased

  Savings Account by Trust (For NTUC Union Members)

  [Interest] The product advertises that 2.5%pa interest will be paid for union members with simplicity and transparency. However, seems that the actual interest rate is effectively lower. This is because the bonus interest rate of 1% on top of the base 1.5% is only paid after the 5 transactions are posted for that month. So if you make 5 transcations on the first day and they are posted say 3-4 days later, you will be paid 2.5% interest for 25 days. Their faqs also don't seem to illustrate this properly. Quote for their faq below: "How much interest will I earn on my Savings Account by Trust? For example, if you maintain a deposit balance of SGD 80,000 daily and have completed 5 eligible card transactions on 5 December, your interest earned for the month of December is:​ Union Member: First $75K: Base: $75,000 x 1.5% x 31/365 = $95.55​ Bonus: $75,000 x 1% x 31/365 = $63.70" The above section is incorrect based on my own tracking. I was only paid bonus interest after the five transcations. So the bonus interest should be $75,000 x 1% x 26/365.

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  Daniyah Ng

  Posted 02 Jan 2023

  Purchased

  Savings Account by Trust (For NTUC Union Members)

  Best feature: ease of application with no minimum fee deposit. Able to link up with NTUC linkpoints easily too. Recommend for people who shops often at NTUC. Con: 1) not suitable for people who are not so tech savvy and requires to withdraw physical cash.

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  shernette estacio

  Posted 28 Nov 2022

  Purchased

  Savings Account by Trust (For NTUC Union Members)

  [Fuss Free] Its very straight forward and transparent [Customer Service] I tried it once very responsive and polite customer service [Application Process] Very fast and the best thing about it is the vouchers dont have minimum spend ! Its a really enticing way to gain customers/ clients If anyone's interested to join you can use my referral code : EAU8Z9BX So you get $10 ntuc voucher. And whe you use the card (no minimum spent) you get additional $25 voucher from ntuc !

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  Alvin Lee

  Posted 22 Nov 2022

  Purchased

  Savings Account by Trust (For NTUC Union Members)

  [Fuss Free] - Transparent and easy to apply and see. [Customer Service] - Didn't really try but all information was gotten quite easily. [Interest] - I would think the highest in the market now.

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