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 High Yield Savings Plus Account


Build your savings by earning high interest rates. No lock-in period and fall below fees, enjoy full liquidity on your savings today while earning high interest rates to reach your financial goals.

Here's the interest rates that you will earn on your deposits:

Deposit Balance Amount

Interest Rates (p.a.)

Revised Interest Rates from 1 Dec 2022 (p.a.)

First $50,000



Next $25,000



Next $25,000



Above $100,000



* Interest rates are subject to change without notice.

Open a High Yield Savings Plus Account by downloading the new RHB Mobile SG App now        


  • Singaporeans or Singapore Permanent Residents

  • 16 years and above

  • Foreigners with Employment Pass or Work Permit Holders

Documents Required

Singaporeans or Singapore Permanent Residents (PR)

  • Original NRIC or Passport, verified by branch

Foreign individuals

  • Employment Pass or Work Permit

  • IC or Passport

  • Latest original copy of any bank statement, utility or telecommunication bill with residential address (Proof of residential address)

  • Any other documents requested by the Bank at its sole discretion

Fees and Charges

Initial Deposit


Account Closure Fee

S$30 only if account is closed within 6 months of opening

Minimum Balance Fee


RHB Account Number Format for FAST/ GIRO Transactions

The RHB Bank current/savings account number has a total of 11 digits (e.g. 19812345678 or 78000123456).

Please ensure that you are using this account number format for FAST/ GIRO transactions. You will also need to exclude any leading zeros, if any, when providing the RHB current/ savings account number (e.g. for an account number shown as "000019812345678", you will only need to provide "19812345678" as the account number).

Deposit Insurance Scheme

Singapore Dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

MoneySENSE Guide

Before committing to a financial product, you are encouraged to read the ‘Understanding Financial Products’ by The Association of Banks in Singapore and MoneySENSE guide. Learn more

Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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