facebookWhy sign up for Trust Bank (FairPrice x Standard Chartered) Latest Digital Bank? (Get up to 1.4% INTEREST RATE + $35 NTUC Voucher) - Seedly

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Daniel lim

Edited 07 Sep 2022

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Why sign up for Trust Bank (FairPrice x Standard Chartered) Latest Digital Bank? (Get up to 1.4% INTEREST RATE + $35 NTUC Voucher)

If you are still a student, a non-salaried employee or still thinking of what to do with life, do sign up for the latest Digital Bank in Singapore - TRUST Bank.

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Why?

TLDR - all the clutter and random promotions

1) You get up to 1% interest on the first $50,000 with no conditions

2) If you use their debit/credit card >5 times a month, you will get 1.2% p.a!

3) If you are a union member, you will get up to 1.4% p.a

Even so, i highly recommend all students to get this card, use it to take public transport and you will easily get 1.2% p.a on your first $50,000 no questions asked.

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IMO this is the highest interest rate with literally no conditions tied. (it beats almost every other savings account) - I am discounting Multiplier/UOB One etc due to its numerous conditions.

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And yes! Even if you are an existing Standard Chartered Customer, you will STILL BE ELIGIBLE for all the initial sign up gifts (E.g. 1KG Rice, Kopitiam Breakfast Set, $25 + $10 NTUC FairPrice voucher).

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If you found the above information helpful, please sign up using my referral link "5Q5FEE2X" and we both get an additional $10 NTUC FairPrice voucher! (:

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How to sign up? (It takes less than 3 mins)

1) Download the Trust Bank App on either App Store or Play Store

2) Click use referral code

3) Enter my referral code - 5Q5FEE2X

4) Go through the entire process via singpass

5) Select either a savings account(debit card) or Credit Card

6) Instant approval!

Discussion (1)

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Billy

Edited 07 Sep 2022

Development & Acquisitions Manager at Real Estate Private Equity

Singlife offers 1.5% for first SGD10K, so I wouldn't say Trust account has the highest interest rate with no conditions tied though.

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Also, might be good to be transparent in sharing the criteras one needs to hit in order to get the "up to 21%" cashback.

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