Source ranking
Every rate on LivingInSg is tagged with a source-trust tier. Higher tiers take precedence; lower tiers are only used when a higher tier is unavailable or inconsistent.
- REGULATOR: the Monetary Authority of Singapore (MAS), Singapore Deposit Insurance Corporation (SDIC). Used for T-bill cut-off yields, SSB tranche yields, and deposit-insurance rules.
- OFFICIAL: the bank's own product page. Used for all 12 savings-account entries. Each record carries the quoted headline text and an ISO retrieval date.
- OFFICIAL_PDF: the bank's own terms and conditions PDF. Used when the consumer-facing page is ambiguous and the PDF disambiguates.
- CROSSREF: a reputable third-party aggregator (Growbeansprout, MoneySmart, StashAway, SingSaver). Used only for a handful of fixed-deposit promotional rates where banks don't publish a standing rate card.
Current count: 6 regulator sources, 12 official bank pages, 0 official PDFs, 3 cross-ref entries across 12 bank accounts and 5 government or fixed-deposit benchmarks.
Realistic vs. maximum EIR
Each bank publishes a single headline maximum rate, the rate you get only if you clear every bonus category on the product tier table. LivingInSg additionally computes a realistic EIR to reflect what a typical salaried Singaporean can actually earn without buying investment or insurance products.
- Realistic tiers are those attainable with salary credit (via GIRO or PayNow), debit- or credit-card spend on the bank's own card, bill-payment GIROs, and in some cases balance growth. Thresholds vary per bank (e.g., OCBC 360 requires S$1,800/month salary + S$500/month card spend).
- Aspirational tiers require purchase of an eligible investment (typically a unit trust), an insurance product, or a home-loan package. The bonus often applies for only 6 to 12 months per purchase. These tiers are surfaced in the “Max” column but excluded from realistic EIR.
The boolean realistic: true | false on each tier in our dataset is a manually reviewed classification, not a machine inference.
Real yield
Real yield is nominal EIR minus headline Singapore CPI inflation (core inflation is also available via the Inflation tab). The current headline assumption is configurable on the Inflation tab; the default reflects the most recent MAS / Department of Statistics Singapore reading.
Refresh cadence
Rates are reviewed approximately weekly and updated same-day when a bank publicly announces a change. The homepage carries a “last updated” ISO stamp next to each rate; aggregate stamps appear in the Sources tab and on the homepage header. Upcoming rate changes that have been publicly announced but are not yet effective are surfaced in the table with an amber “change” chip.
SDIC insurance
The Singapore Deposit Insurance Corporation (SDIC) insures eligible SGD deposits up to S$100,000 per depositor per Scheme member (bank or finance company). LivingInSg flags all listed savings accounts as SDIC-eligible where applicable; structured deposits, foreign-currency deposits, and investment products are not SDIC-covered and are excluded from our dataset.
Known limits
- No multi-currency coverage. Only SGD-denominated products.
- No institutional or private-banking tiers. Only retail consumer banking products are tracked. Citi Wealth First, HSBC Everyday Global, and similar products are listed at their mass-affluent tier, not at Private Client caps.
- Promotional fixed-deposit rates can change weekly. For 3M, 6M, 12M best FD rates, verify directly with the bank before locking funds.
- Realistic EIR is a single-salary benchmark. Dual-salary households and balance growth above stated caps can reach higher effective yields than the figure shown.
- Not financial advice. LivingInSg does not consider your tax residency, cash-flow needs, or risk appetite.