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Trust Bank Savings Account

  • Key Features
  • Reviews (17)
  • Discussions (0)
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Summary

Trust Bank Savings Account

Account Features & Details

1) Key Features

  • Base interest rate of 1.50% p.a for deposits up to S$75,000 and interest rate of 1.0% p.a for deposits above S$75,000
  • Earn bonus interest rate 0.5% p.a when you make 5 purchases on your Trust Card in the same month on deposits up to S$75,000. NTUC Union Members will be awarded a bonus of 1.0% p.a
  • Earn up to 11% savings when you spend on groceries at FairPrice Group on your Trust Card
  • Ditigal Trust cards that enables you to switch between credit or debit cards. Access card conveniently on the Trust app anytime
  • Access to 24/7 Customer Care assistance 
  • No minimum average daily balance and zero fees 
NTUC Link Card (For NTUC Union Members)
  • Trust Credit Card: Up to 21% savings when you spend at least S$350 monthly outside FairPrice Group
  • Trust Debit Card: Up to 11% savings when you spend at least S$200 monthly outside FairPrice Group 
Trust Link Card (Non-NTUC Union Members) 
  • Trust Credit Card: Up to 15% savings when you spend at least S$450 monthly outside FairPrice Group
  • Trust Link Debit Card: Up to 5% savings when you spend at least S$200 monthly outside FairPrice Group

2) Interest Rate

  • Base interest rate: 1.5% p.a (for balances up to S$75,000); 0.05% p.a (for balances above S$75,000)
  • Max interest rate: 2.5% p.a

3) Eligibility

  • Age: 18 years old and above
  • Citizenship: Singaporeans, PRs, and Foreigners

4) Fees

  • Minimum average daily balance: N.A
  • Fall below fee: S$0
  • Account closure: S$0
  • Monthly account fee: S$0

5) Application Process

How to apply?
Supporting documents
How to apply?
Supporting documents
  • Singaporeans and PRs
    - Mobile phone
    - MyInfo via SingPass
  • Foreigners
    - Upload or take a photo of your passport

...see more

Popular Products

Summary

Trust Bank Savings Account

Account Features & Details

1) Key Features

  • Base interest rate of 1.50% p.a for deposits up to S$75,000 and interest rate of 1.0% p.a for deposits above S$75,000
  • Earn bonus interest rate 0.5% p.a when you make 5 purchases on your Trust Card in the same month on deposits up to S$75,000. NTUC Union Members will be awarded a bonus of 1.0% p.a
  • Earn up to 11% savings when you spend on groceries at FairPrice Group on your Trust Card
  • Ditigal Trust cards that enables you to switch between credit or debit cards. Access card conveniently on the Trust app anytime
  • Access to 24/7 Customer Care assistance 
  • No minimum average daily balance and zero fees 
NTUC Link Card (For NTUC Union Members)
  • Trust Credit Card: Up to 21% savings when you spend at least S$350 monthly outside FairPrice Group
  • Trust Debit Card: Up to 11% savings when you spend at least S$200 monthly outside FairPrice Group 
Trust Link Card (Non-NTUC Union Members) 
  • Trust Credit Card: Up to 15% savings when you spend at least S$450 monthly outside FairPrice Group
  • Trust Link Debit Card: Up to 5% savings when you spend at least S$200 monthly outside FairPrice Group

2) Interest Rate

  • Base interest rate: 1.5% p.a (for balances up to S$75,000); 0.05% p.a (for balances above S$75,000)
  • Max interest rate: 2.5% p.a

3) Eligibility

  • Age: 18 years old and above
  • Citizenship: Singaporeans, PRs, and Foreigners

4) Fees

  • Minimum average daily balance: N.A
  • Fall below fee: S$0
  • Account closure: S$0
  • Monthly account fee: S$0

5) Application Process

How to apply?
Supporting documents
How to apply?
Supporting documents
  • Singaporeans and PRs
    - Mobile phone
    - MyInfo via SingPass
  • Foreigners
    - Upload or take a photo of your passport

...see more

Plans (2)

Savings Account by Trust (For NTUC Union Members)

Up to 2.5%

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

Savings Account by Trust (For Non NTUC Union Members)

Up to 2.0%

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

Savings Account by Trust (For NTUC Union Members)

Up to 2.5%

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

Reviews (17)

3.6

17 Reviews

5
8
4
1
3
5
2
0
1
3

Service Rating

Customer Support

3.4

Ease of online banking

3.9

      Posted 30 Aug 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      Between 1.5% to 2.5% interest earned on daily basis, on amounts up to 125k. It's tagged to credit/debit card transactions and NTUC link card, which can also introduce savings at Kopitiam.

      0

      What are your thoughts?

      Posted 30 Aug 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      My Trust bank app crashed due to app update. Now I have no access to the App. My money is stuck inside Trust bank because it does not have a website platform as an alternative for customer banking

      0

      What are your thoughts?

      Posted 22 Jul 2023

      While Trust supermarket-linked account competitively offering 10$ to both referee and referred, nevertheless none any rewards, incentives, and/or discounts on supermarket-linked account renewal year-on-year which makes it less enticing to existing customers

      0

      What are your thoughts?

      Posted 17 Jul 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      Friend transfer me 3000 dollars to my trust account but my available balance not updated after 2 days. Informed their serive and ask me to wait for 3 days. I can't settle my emergency payments and have alot of headache because of their system problem. Luckily it's just 3000. First time experience this after using other banks service for many year in singapore

      0

      What are your thoughts?

      Posted 20 Jun 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      [Interest][Saving] Trust Bank Savings Account not only earn up to 2.5% p.a. Trust Bank Interest Rate on your first S$75,000 deposit, but also come with both digital and physical Trust Bank Debit Card to enjoy up to 11% savings on your spending. [Fuss Free][Application Process] Furthermore, Trust Bank Savings Account TOTALLY FEE-LESS with NO: 1. Initial Deposit 2. Minimum balance 3. Lock in period 4. Monthly fee 5. Account closure fee 6. Foreign transaction fee 7. Card replacement fee Last but not least, there are a rich myriads of Rewards in Linkpoints, Coupons or E-Vouchers and Stamp Cards from NTUC and other Partner Offers. [Online Banking] To enjoy these rich myriads of Rewards, simply 1. Search "Trust Bank SG" & download their Trust Bank SG App from Apple App Store or Google Play. 2. Sign up via the Trust Bank SG App with a valid Trust Bank Referral Code to get a S$10 FairPrice E-Voucher (If you don't have one, use our Trust Bank Referral Code: 9EUXKFFA). 3. Receive another S$25 FairPrice E-Voucher when you make your first card spend as a credit card customer or make your first S$500 deposit as savings account customer. Sign up now before this Trust Bank Promotion ends on 30 June 2023.

      0

      What are your thoughts?

      Posted 11 Jun 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      easy to sign-up just download app then use Singpass. Interest rates considered not bad. their customer service was helpful when i called to enquire on their product. waiting time was short, call was answered within 1 minute. overall good👍. would recommend it..😊..

      0

      What are your thoughts?

      Posted 07 Jun 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      [Customer Service] [Application Process] [Online Banking] [Others] They are doing their system maintenance during the week days where all activities are busy and I cannot even transfer my saving out for my bill payment. Only use mobile apps and there's no other ways to transfer my money out. No backup... very dangerous, cannot trust this bank and not reliable.

      0

      What are your thoughts?

      Posted 27 Apr 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      [Application Process] Seamless onboarding via SingPass [Fuss Free] Tracking of Link Points and bonus interest earned all within a couple of tabs on the app. Very good UX/UI! [Others] Particularly like the new update where spending for previous and current months get classified into cute icons with animation :D

      0

      What are your thoughts?

      Posted 02 Apr 2023

      Purchased

      Savings Account by Trust (For NTUC Union Members)

      Easy to set up from Singpass, welcome reward was decent. Decent savings account (1.5%, up to 2%) but would be better if it was easier to deposit money into the account

      0

      What are your thoughts?

      Posted 01 Mar 2023

      Purchased

      Savings Account by Trust (For Non NTUC Union Members)

      Only accessible via mobile devices. NOT possible to access account via laptop when smartphone down. As an existing customer using alternative phone for login, authentication via SingPass - QR code only, No password login option. [Customer Service] CS team not professional as different individuals gave different responses i.e. one allowed payment of credit card bill using own Trust savings through phone instruction while another claimed no such service.

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

      Popular Products

      Savings Account by Trust Key Information

      The most rewarding Savings Account (comes with a debit card!) for your everyday needs - designed for simplicity and transparency.

      On top of the 1% p.a. interest* for deposits up to S$50K, you can easily earn bonus interests simply by making 5 Trust card transactions (yes can be your Credit Card too!)

      Aside from that, as an NTUC Union Member, you can get up to 11% savings in Linkpoints!

      For everyone else, you can get up to 5% savings in Linkpoints which you can use to redeem at FairPrice Group entities!*

      *Insured up to S$75K by SDIC.

      Open an account instantly and never miss out on bonus rewards again because the Trust App lets you know where you are against your reward targets in real-time.

      Fund your savings account in 2 easy ways:
      1. Register for PayNow and receive money directly into your savings account
      2. Send money from another bank account using FAST into your savings account you have the freedom to select the preferred credit limit you want.

      Savings Account by Trust

      Minimum initial deposit: None

      Minimum monthly balance: None

      Account Closure Fee: None

      Monthly Fee: None

      Maximum deposit amount: N.A.

      Ability to use FAST and Paynow: Yes

      Ability to withdraw cash: Yes at one ATM located in Fairprice at Vivocity or any of the 19 Standard Chartered ATMs.

      Link to Google Pay/Apple Pay: Yes

      How to sign up for the Savings Account

      Download the Trust App via App Store or Play Store to sign up for Savings Account by Trust

      Contact Information

      +65 313 TRUST (+65 313 87878)

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