This is a special S$ Fixed Deposit Account for customers who are at least 55 years old. It offers you the security of a regular income and a whole range of benefits.
- Preferential interest:Enjoy an additional 0.10%p.a.# interest, added to the prevailing first tier rate for deposits of S$1,000 to S$9,999.
- Wide choice of tenors: From 6 to 24 months for a minimum deposit of S$10,000
- Flexible interest payment: You can choose to receive your interest every month or in one lump sum upon maturity*.
- Convenient deposit methods: If you have an existing Premier Income Account with us, you may perform a new placement via iBanking, ATM or at any of our branches. If you do not have an existing Premier Income Account, please visit any branch to open the account.
- Automatic renewals: Upon maturity, your deposit will be automatically renewed for the same tenor at the prevailing interest rate unless you instruct otherwise.
- Discounts on selected products: You enjoy preferential rates for foreign currency notes exchange.
- Overdraft facility: You can use your fixed deposit as collateral to apply for an overdraft facility of up to S$10,000 at a competitive rate.