It depends on the type of package you have chosen at point of account application. We have packages with minimum amount of S$125, S$250 and S$500 per month. Upon account opening, an initial deposit of S$1,000 is required. For customers who prefer to save annually instead of monthly, upon account opening, they can choose to make a lump sum deposit of S$2,375 (Initial deposit S$1,000 + (S$125 X 11 months)) or S$3,750 (Initial deposit S$1,000 + (S$250 X 11 months)) or S$6,500 (Initial deposit S$1,000 + (S$500 X 11 months)) upfront. The bank will automatically convert the lump sum amount into twelve (12) equal portions.
