Deposit:
1. EB Autosave Account
Descriptions:
Banking should be easy and rewarding. With EB Autosave Account, it combines both the features of a savings account and a current account to meet all your banking needs while you can earn attractive interest.
Product Benefits:
- Earn daily interest
- Monthly statements: Easy-to-read statements to track your transactions and account balance.
- Auto-cheque mailing: A new chequebook will be automatically sent to you once you are left with your last few cheques.
- Self-service banking services: Easy access to Automated Banking Services like the ATMs, Cash Deposit Machines, Coin Deposit Machines, Quick Cheque Deposit Boxes or via our phone banking, ibanking and ebanking services 24/7.
- Convenience with an ATM/Debit Card: Free access to EB ATMs, cashless shopping at 14,000 NETS outlets in Singapore and over 25 million Visa/MasterCard Merchant outlets overseas.
Eligibility and Requirement:
- At least 21 years old
- $5,000 minimum initial deposit
Fees:
- Monthly account fees of $2
- $7.50 fall below fee if the average daily balance falls below $5,000
2. EB Multi-Currency Savings Account
Descriptions:
Enjoy the convenience of an interest paying savings account available in 12 foreign currencies.
Product Benefits:
- Choice of different currencies: flexibility to deposit any of the 12 foreign currencies
- Monthly statements: For easy reference and monitoring
- Many ways to access funds: Multiple ways to deposit and withdraw money from your account using demand drafts, travellers’ cheques or via remittance services.
Eligibility and Requirement:
- At least 21 years old
- A minimum initial deposit depending on the type of foreign currency
Fees:
- A monthly service charge is the average daily balance falls below the stipulated minimum initial deposit
3. EB Current Account
Description:
Enjoy the convenience of a chequeing facility with access to your funds via our self-service banking facilities.
Product Benefits:
- Monthly statements: Easy-to-read statement
- Auto-cheque mailing: A new chequebook will be automatically sent to you once you are left with your last few cheques.
- Self-service banking services: Easy access to Automated Banking Services like the ATMs, Cash Deposit Machines, Coin Deposit Machines, Quick Cheque Deposit Boxes or via our phone banking, ibanking and ebanking services 24/7.
- Convenience with an ATM/Debit Card: Free access to EB ATMs, cashless shopping at 14,000 NETS outlets in Singapore and over 25 million Visa/MasterCard Merchant outlets overseas.
Eligibility and Requirement:
- At least 21 years old
- $5,000 minimum initial deposit
Fees:
- $7.50 fall below fee if the average daily balance falls below $5,000
4. EB Time Deposit
Description:
Enjoy potentially better returns and the opportunity to grow your funds with EB Time Deposit Account.
Product Benefits:
- Affordable deposit amounts: From as little as S$5,000, and for tenors of 1, 2, 3, 6 or 12 months.
- Convenient deposit methods: At branch counters or via iBanking for customers who have an existing EB Time Deposit Account.
- Automatic renewals: Upon maturity, your deposit will be automatically renewed for the same tenor at the prevailing interest rate unless you instruct otherwise. You can provide us with your new maturity instructions via DBS iBanking at least 8 calendar days before the maturity date.
- Overdraft facility: Use your EB Time Deposit as collateral to apply for an overdraft facility at a competitive rate.
Eligibility and Requirement:
- At least 21 years old
- If you are below 21 years old, you may open a joint (12 years old and above) or trust account (below 12 years old) with your parent or legal guardian who is at least 21 years old
- $5,000 minimum initial deposit
Fees:
- There is no account fee
Personal Loan:
1. Housing Loan
Description:
Found your desired home, but not sure what to do next? Now you should find out which Home Loan Package is Suitable for You.
a) Fixed Rate Packages
These packages have interest rates that are fixed for the initial years of the loan. They are generally higher than variable rate packages because of the protection against interest rate hikes during the fixed interest rate period. Such packages are suitable for people who prefer certainty in their monthly loan instalments.
b) Variable Rate Packages
The rates are pegged to a Bank’s prevailing market conditions and Banks can change the reference rates at their sole discretion. Such packages are suitable for people who want their home loan rates to be adjusted with prevailing market conditions, but do not want the volatility of market-pegged rates packages.
c) Market-Pegged Rate Packages (SIBOR or SOR pegged)
The rates are either pegged to market SIBOR (Singapore Interbank Borrowing Offer Rate) or SOR (Swap Offer Rate) depending on the packages offered. Such packages are suitable for people who prefer the transparency of market-pegged rates and do not mind its volatility.
2. Secured overdraft
Description:
Overdrafts are revolving lines of credit. Secured overdrafts are overdrafts extended when customers pledged their Time Deposits, Unit Trusts or Properties as collateral to the Bank. You can use any amount up to the approved credit limit.
Product Benefits:
- Standby funds: funds are on standby, available without having to withdraw from Time Deposits or sell away Units Trusts and properties.
- Low/No interest: Interest is charges only on the amount used
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