Savings Account
BENEFITS
Higher interest rates
Initial deposit $500
No fall-below fee
Minimum balance of $200 must be maintained at all times
No income statement required
Online application
PREPAID MASTERCARD
Tap & Go Retail Shopping
Safer Online Shopping with dynamic CVC
Keep track of your spending transactions via Vivid e‑Wallet app
Fraud prevention & loss protection
NEW FEATURE
SFL LockFunds
Available on Google Pay & Apple Pay (coming soon)
FEES & CHARGES
Please refer to the Fees & Charges Guide for the list of fees & charges.


DEPOSIT INSURANCE SCHEME
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.

For a complete listing of the insured deposit, please click here


Apply Online Now

How does the interest work?

Eg: You maintain your savings with no withdrawals daily between October - December

Illustration 1

For daily balance more than $9,999.00		 My Daily Balance Interest Rate My Interest Earned My Account Balance on the Last Day of the Month
October (based on 31 days) $9,999.00 0.88% p.a. $7.47 $10,006.47
November (based on 30 days) $10,006.47 2.08% p.a. $17.11 $10,023.58
December (based on 31 days) $10,023.58 2.08% p.a. $17.71 $10,041.29

Illustration 2

For daily balance more than $199,999.00		 My Daily Balance Interest Rate My Interest Earned My Account Balance on the Last Day of the Month
October (based on 31 days) $199,999.00 2.08% p.a. $353.31 $200,352.31
November (based on 30 days) $200,352.31 *0.88% p.a. $144.91 $200,497.22

* The entire Vivid Account balance is calculated at 0.88% (p.a.) as it exceeds $200,000 after the credit of interest.
These calculations are for illustrative purposes only and are not representations, warranties or assurances of the actual interest credited.
Interest rates effective from 01 May 2025

Other Information