Premium SAVER Account

Attractive Daily Interest

No Strings Attached

Low Initial Deposit

Saving for your future shouldn't be complicated and burdensome. Our Premium SAVER Account is designed to make saving simple and hassle-free.

Earn attractive interest rate of up to 1.28% p.a. free of monthly qualifying conditions. No salary crediting, no minimum spend, no GIRO requirements, and no fall-below fees—just a fuss-free savings account that is simply rewarding.

Enjoy the best of both worlds with the Premium SAVER Account. Who says you can't have the cake and eat it. The Premium SAVER Account offers attractive rates, free of burdensome qualifying conditions, giving you peace of mind.

Premium SAVER Account

Simple and Hassle-Free Savings

Win Hainan holiday

Get a collectible Thermal Flask and S$60

Earn attractive rates

Learn More

Apply NOW on HLF Digital App

With HLF Digital App, you can open your Premium SAVER Account securely, anytime and anywhere.

Documents Required (For onboarding)

For Singaporeans and Singapore PRs
- Identity Card
For Foreigners
- Identity Card and Passport (For Malaysian) / Passport (For other Nationalities)
- Valid Work Permit / S Pass / Employment Pass / Student Pass
- Proof of local mailing address (within the last 3 months)
  - Local utility bill or
  - Local telecommunication bill or
  - Local bank statement

Why Save with Us

High Interest Rates

Our savings account interest rate is highly competitive. Experience the advantage of Premium SAVER Account that rewards higher balance at a better interest rate from the first dollar in the account. This makes your hard-earned money work even harder for you.

No Strings Attached

Premium SAVER Account is designed to make saving simple and fuss-free. You can enjoy the attractive interest rates without any additional requirements or hidden costs:

No Salary Crediting
No Minimum Card Spend
No Monthly GIRO
No Fall-below Fee

Interest Rates

Deposit Balance	Interest Rates (% p.a.)
S$500 to < S$200,000	1.28%
S$200,000 to < S$1,000,000	1.08%
S$1,000,000 to S$5,000,000	0.88%

Notes:

Rates are only indicative and subject to change at any time without prior notice.

Illustration	Additional deposit to My Account	My Daily Balance	Interest Rate	My Interest Earned	My Account Balance on the Last Day of the Month
Aug (based on 31 days)	-	S$199,999.99	1.28% p.a.	S$217.42	S$200,217.41
Sep (based on 30 days)	-	S$200,217.41	1.08% p.a.	S$177.73	S$200,395.14
Oct (based on 31 days)	S$800,000	S$1,000,395.14	0.88% p.a.	S$747.69	S$1,001,142.83
Total Interest Earned				S$1,142.84

Notes:

Assuming total deposit of S$800,000.00 made on the 1 Oct and no withdrawals between Aug - Oct.
The entire account balance is calculated at 1.28% p.a. from S$500 to < S$200,000.
The entire account balance is calculated at 1.08% p.a. from S$200,000 to < S$1,000,000.
The entire account balance is calculated at 0.88% p.a. from S$1,000,000 to S$5,000,000.
These calculations are for illustrative purposes only and are not representations, warranties or assurances of the actual interest credited.

How to open a Premium SAVER account on HLF Digital app

For Singaporean & Singapore Permanent Resident (PR)

Download HLF Digital App from Google Play or App Store.
Tap Apply Now — Select "HLF Digital (for new customer)" to apply for Premium SAVER Account.
Authorise data retrieval from MyInfo with Singpass.
Input Other Personal Details (e.g. Employment) and Give Marketing Consent.
Create your User ID, Password and PIN. Input Referral Code, if any, and submit application.

Look out for your application approval email.

For Singaporean & Singapore Permanent Resident (PR)

Download HLF Digital App from Google Play or App Store.
Tap Apply Now — Select "HLF Digital (for new customer)" to apply for Premium SAVER Account.
Authorise data retrieval from MyInfo with Singpass.
Input Other Personal Details (e.g. Employment) and Give Marketing Consent.
Create your User ID, Password and PIN. Input Referral Code, if any, and submit application.

For Foreigner with valid work permit, visit the Hong Leong Finance branch nearest to you with:

Passport and Work Permit.
Either one below for proof of local address: Utility Bill, Telephone Bill or Bank/Credit Cards Statement
Authorise data retrieval from MyInfo with Singpass.

Look out for your application approval email.

Frequently Asked Questions

The Premium SAVER Account offers high interest rates of up to 0.88% p.a. for savings, with no requirements such as minimum salary credit, card spending, monthly GIRO deposits, or maintaining a minimum balance.

The minimum deposit amount required to open a Premium SAVER Account is S$500.

Savings interest rates (p.a.) for the first dollars :

1.28% p.a. for Deposit Balances from S$500 to < S$200,000

1.08% p.a. for Deposit Balances from S$200,000 to < S$1,000,000

0.88% p.a. for Deposit Balances from S$1,000,000 to S$5,000,000

Customers who start saving with the minimum amount (i.e., from $500) can earn 1.28% p.a. in interest returns.

While interest is calculated daily, total interest earned will be credited monthly to Premium SAVER Account on the last day of each month.

Individuals aged 15 years or above, including Singaporeans, Singapore Permanent Residents (PRs), and foreigners with valid work permits, are eligible to open a Premium Saver Account.

Visit the nearest Hong Leong Finance branch with your NRIC, Work Permit, Employment Pass or Student Pass and the document required. Click here to find Branch nearest to you.

Documents Required:

NRIC (Singaporeans and Singapore PRs)
Passport and Work Permit (Foreigners*)

* Either one of the documents below for proof of local address:

Utility Bill or Telephone Bill or Bank / Credit Card Statements or Rental Agreement

Yes, the Premium SAVER Savings Account is insured up to S$100,000 by Singapore Deposit Insurance Scheme (SDIC).

An insured deposit under the Deposit Insurance Scheme. Insured up to S$100,000 by SDIC.

Terms and Conditions governing deposit accounts.

Rewarding relationship with Premium SAVER Account

Find out how to effortlessly sign up and manage your finances securely and enjoy HLF Digital hassle-free services.

3 Easy Steps to use PayNow for Deposits and Loan Payment to HLF

An easy way for Hong Leong Finance’s customers to place deposits and repay loans from the comfort of their home. Deposits are insured up to S$100,000 by SDIC.