Trust Bank Singapore
Choose your savings plan. Pay from your SGD balance.
Compare Flex, Signature and Zen, use PayNow in Singapore, and see how the linked Visa debit card handles MYR purchases.
- Best for
- SGD savings, PayNow & overseas debit spending
- Cost to know
- S$0 monthly account fee and debit card annual fee
Compare Trust savings plans
- Zen · 0.40% p.a.
- Flat rate on eligible balances with no spending or salary crediting requirements.
- Signature · Up to 1.00% p.a.
- Starts at 0.05% p.a. Bonuses include five qualifying card purchases of at least S$30 each, a S$1,500 salary credit by GIRO and a S$100,000 monthly average daily balance. The maximum includes the NTUC union member rate. Non-members can reach 0.90%.
- Flex · Up to 2.40% p.a.
- Starts at 0.05% p.a. Earn up to three monthly bonuses. The top rate combines a successful credit card referral, at least S$20,000 in eligible new TrustInvest investments and a qualifying salary credit of at least S$1,500.
Signature is the default. You can switch plans in the app. Plan rates shown apply to the first S$1.2 million, with 0.05% p.a. above that. Deposit protection has a separate limit.
Visa debit fees & payments
- Trust Link Visa debit card
- Use the digital debit card in the Trust App once the savings account opens. Trust also sends a physical card. Debit purchases are deducted from your main SGD balance.
- Account and card
- No minimum balance, monthly account fee or debit card annual fee. The normal S$50 plus GST card replacement charge is waived until further notice.
- Paying in MYR
- Trust adds no fee for foreign-currency debit purchases. Visa converts MYR via USD into SGD and the amount comes out of your main SGD balance. A merchant can offer a separate conversion rate if you select SGD at checkout overseas.
- Cash withdrawals
- Trust and Standard Chartered ATMs in Singapore are free. Enable overseas ATM withdrawals in the app first. Trust charges no withdrawal fee overseas, but the ATM operator may charge.
- Linkpoints
- Eligible debit purchases can earn Linkpoints. Rates and qualifying spend vary by membership and merchant.
Opening a Trust savings account
- Who can apply
- Applicants must be 18 or older and live in Singapore. Singapore citizens, PRs and eligible foreign residents may apply.
- What to prepare
- Use the Trust App and MyInfo for the application. Foreign applicants also provide passport details.
- Card and funding
- A digital Visa debit card is available when the account opens and a physical card is sent. Fund the account with PayNow or FAST.
Deposit protection
Eligible SGD deposits are insured by SDIC up to S$100,000 in total per depositor per scheme member. TrustInvest funds are outside this coverage.
A few useful answers
Can a Malaysian Work Permit holder open a Trust account?
Trust accepts applications from eligible foreign residents. The public savings eligibility information does not list EP, S Pass and Work Permit separately. Confirm your pass and documents in the app or with Trust.
Does the debit card spend directly from Savings Pots?
Debit card purchases and PayNow payments use the main account. Transfer money back from a Savings Pot before paying.
Product terms & references
Checked 5 November 2026 · Provider pricing can change. Confirm the quote in the app before paying.