Singlife Account: Earn 3% p.a. Base Return from Day One

Boost your savings at 3% p.a.* from day one. No fees, no lock-ins, no nonsense. We promise.

The Singlife Account is not just a savings plan.
 It’s an insurance savings solution.

Earn daily interest on your savings and stay covered for life’s unexpected events , such as death or terminal illness. Top up and withdraw anytime with no lock-ins or hidden fees. Flexible, fuss-free, and fully on your terms.

Singlife Account Key Features and Benefits

^{Note that all crediting rates are not guaranteed. The Singlife Account is an insurance savings plan. It is neither a bank savings account nor a fixed deposit. Each person is only entitled to one Singlife Account.}

What does "lock-in" mean?

Some financial products have a "lock-in" period. This is the length of time during which you are not allowed to change your financial arrangement - which includes the early withdrawal of your money.

Financial penalties may apply if you withdraw your money early and the amount received may be less than the initial amount you put in.

How do I make withdrawals from my Singlife Account?

Your Singlife Account will be in force with an initial premium of S$100. Subsequently, you may use FAST at any time to transfer funds to your personal account(s) via the Singlife App.

On your Singlife App:

Step 1: Tap on ‘Withdraw’ in your Singlife Account dashboard.

Step 2(a): Select your bank account for the withdrawal amount to be credited to.

Step 2(b): Or add a new bank account for the withdrawal amount to be credited to.

Step 3: Indicate the amount you would like to withdraw.

Step 4: Enter your OTP received via SMS to verify the transaction.

Step 5: Swipe right to confirm the withdrawal.

Step 6: And your withdrawal is complete!

Is a minimum account value required?

The minimum account value is S$100. There will be no returns or benefits with your Singlife Account if this value falls below S$100.

How are returns calculated?

The amount earned will be calculated based on your daily account value and will be credited on the first day of the following policy month.

The return (crediting rates) will be declared as annual rates and will be converted to daily rates on a compound basis, assuming there are 365.25 days per year.

Terms & Conditions apply.

How your returns are earned

Our in-house investment team works closely with established external fund managers who invest predominantly in stable, government-backed assets, but also high-quality, investment-grade corporate bonds. This strategy is designed with risk management in mind, so your savings stay protected while steadily working for you.

With the Singlife Account, your policy is also safeguarded under the Policy Owners' Protection Scheme, administered by the Singapore Deposit Insurance Corporation (SDIC) – giving you added peace of mind.

3% p.a.* is great. Go further with 4.5% p.a.¹

Two easy ways to supercharge your savings!

Top Up

Top up to earn 0.5% p.a. bonus return from the Singlife Account Top-up Campaign

Get Insured

Purchase any of our 18 eligible Life & Health policies to earn 1% p.a. bonus return for a full year²

View Bonus Campaigns

^{*The Singlife Account’s base return is 3% p.a. on the first S$10,000 and 1% p.a. on amounts above S$10,000, up to S$100,000. There are no returns for amounts above S$100,000. The applicable returns will be periodically declared by us. Any revision in the returns will take immediate effect.

¹ Up to 4.5% p.a. = 3% p.a. (base return on first S$10,000 of Account Value) + 0.5% p.a. bonus return from the Singlife Account Top-up Campaign + 1% p.a. bonus return from the Singlife Booster Bonus Campaign (available from now until such time as updated by Singlife).

² Based on issuance date of the Eligible Policy. For more details, refer to T&Cs here.}

Here's how the Singlife Account works

Enjoy 3% p.a. base return when you fund S$10,000 in your Singlife Account

Enjoy life insurance coverage for death or terminal illness with your Singlife Account

Sign up in just a few minutes

Flip card for more details

Download

the Singlife App

The Singlife App is available on the Apple App Store and Google Play Store.

Create

your Singlife ID

To start, create your Singlife ID by setting up your login credentials.

Apply

for your Singlife Account

Next, apply for your Singlife Account via Myinfo with Singpass to verify your personal details.

Fund

your Singlife Account

Once your application is approved, get started with a minimum of S$100 to earn up to 4.5% p.a.¹ return.

Download now

Start your Singlife Account with just S$100!

A few minutes is all it takes to set up.

Scan the QR code to download the Singlife App today!

What is a Singlife ID?

The Singlife ID is a unique identifier that's created when you download and create a profile on the Singlife App.

How do I fund my Singlife Account?

After setting up your account, you may use FAST or PayNow, via your personal internet banking account(s), to fund your Singlife Account.

From your Singlife App dashboard, tap on 'Account details'.
Select 'Top up' under your Singlife Account dashboard.
Select 'PayNow QR' or 'Bank Transfer" to fund your account.
Transfer your money to your Singlife Account via the selected funding method.

Don't take our word for it

Hear what our customers say!

App is jam packed with useful features!

This app is jam packed with a lot of useful features. Its interface is well-designed and it makes tracking your finances such a breeze. The one-step touch ID login to check your account balance and the daily updates on earned interest has been especially useful! Would definitely recommend!

User 天啊12345

Straightforward and clean journeys

I've been parking my savings in Singlife Account every month - I think the journeys are really straightforward and clean. I haven't experienced any hiccups with withdrawals as well.

User SavvySaver_2020

Good returns, fast withdrawal and quick sign-up

It is a good way to park spare cash as it yields more than the conventional high-interest hurdle bank accounts and keeps the cash highly liquid. Deposit is almost instant and withdrawal process is pretty fast as well. Signup process is also quick so this is my favourite as compared against the other insurance savings accounts.

User Stranger Tengs

It has exceeded my expectations in every way.

I've been using the Singlife App for a few months now, and it has exceeded my expectations in every way. The interface is clean, intuitive, and user-friendly, making it easy to manage my finances and insurance policies all in one place. I particularly appreciate the real-time updates and insights, which help me stay on top of my financial goals. The customer service is responsive and helpful whenever I have questions. Highly recommend this app to anyone!

Potatochipsg

Always updated with fresh features

Love the Singlife App and Account. Have been using it for 5 years and it’s always been updated with fresh features.

Keithpak96

Very competitive in the market

Easy to use and very user friendly. Singlife Account has up to 4.5% p.a. return, very competitive in the market

PS888899

Downloads

Singlife Account Product Summary

PDF (320.9 KB)

Singlife Account Terms and Conditions

PDF (348.4 KB)

Singlife App Terms of Use

PDF (220.0 KB)

Singlife Account Withdrawal & Payment Terms and Conditions

PDF (239.7 KB)

Singlife Account New User Campaign Terms and Conditions

PDF (264.2 KB)

Disclaimers

This policy is underwritten by Singapore Life Ltd.

This is published for general information only and does not have regard to the specific investment objectives, financial situation and particular needs of any specific person. You may get a copy of the Product Summary from us and the participating distributor's offices. You should read the Product Summary before deciding whether to purchase the product. You may wish to seek advice from a financial adviser representative before making a commitment to purchase the product. If you choose not to seek advice from a financial adviser representative, you should consider whether the product in question is suitable for you.

This is not an insurance contract. Full details of the standard terms and conditions of this policy can be found in the relevant policy contract.

We hereby disclose to you that:

(a) Your relevant money as defined under Payment Services Act (“PSA”) from Singlife Account will be held by us on behalf of you in a trust account opened with a safeguarding institution;

(b) Your relevant money from Singlife Account will be deposited in a trust account together with, and commingled with, the relevant money received by us from our other Singlife Account customers;

(c) There are no foreseeable risks of such commingling and you are able to withdraw your account value anytime via FAST;

(d) The relevant money in the trust account with the safeguarding institution is insured by SDIC. Pursuant to section 23(7)(b) of the PSA, the customers’ relevant money deposited in a trust account is not liable to be taken in execution under an order or any court process, such as in insolvency proceedings. In the event of the insolvency of the safeguarding institution, the Monetary Authority of Singapore may make a regulation under section 103 of the PSA on the manner in which the customers’ relevant money must be treated and dealt with; and

(e) The safeguarding institution is not liable to compensate you for your claims against Singlife.

This advertisement has not been reviewed by the Monetary Authority of Singapore. The information is accurate as of May 2025.

This policy is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

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Get the Singlife App

The Singlife Account is not just a savings plan.
 It’s an insurance savings solution.

Singlife Account Key Features and Benefits

3% p.a.* from the get-go

No lock-in period

Easy application process

Capital Guaranteed

Insurance benefits

Pay on the go

How your returns are earned

Here's how the Singlife Account works