Best High-Yield Savings Account Singapore 2026: No Conditions

Best no-conditions savings account Singapore 2026: the short answer

If you do not want to credit salary, hit S$500 card spend, set up GIRO bills and buy unit trusts just to earn bonus interest, the picks for May 2026 are:

• MariBank Save Account (2.28 per cent flat, no cap)
• Trust Cashback+ (2.00 per cent on first S$75,000)
• GXS Boost Pocket (2.18 per cent on one pocket up to S$95,000), or
• CIMB FastSaver (1.80 per cent standard, 2.50 per cent Preferred)

For balances under S$10,000, MariBank wins on raw rate.

From S$10,000 to S$75,000, Trust Cashback+ wins on cap-adjusted return AND lets you pair the account with the Trust Cashback Credit Card for unified statements.

Above S$75,000, you outgrow no-conditions accounts and need to start chasing bonus tiers.

If you can hit bonus conditions, the conditional accounts (UOB One, OCBC 360) still pay more. Start with the savings pillar to compare both approaches.

Table of Contents

1. Quick verdict by balance

2. The 4 no-conditions accounts in 2026

3. MariBank Save: highest flat rate, fully digital

4. Trust Cashback+: the in-house pairing play

5. GXS Boost Pocket: the dual-pocket trick

6. CIMB FastSaver: the traditional-bank option

7. The S$10,000 worked example

8. The compound play: pair with conditional accounts

9. FAQ

1. Quick verdict by balance

2. The 4 no-conditions accounts in 2026

All four accounts are fully digital (mobile app primary), SDIC-insured up to S$100,000 per depositor per scheme, and pay interest monthly. They differ on rate, cap and how the maximum balance is structured.

3. MariBank Save: highest flat rate, fully digital

MariBank is a Sea Group digital bank (the Shopee parent). Save Account pays 2.28 per cent flat, no cap, no minimum balance, no salary requirement. Application is in-app via SingPass MyInfo, takes under 5 minutes.

Why MariBank

• Highest flat rate among no-conditions accounts
• No cap on bonus tier, suitable for any balance up to S$200,000 (above which SDIC protection ends)
• Mari Credit Card available, 1.5 per cent unlimited cashback on local spend, no fees, no FX markup overseas
• Sea Group ecosystem integration (Shopee promos, ShopeePay top-ups)

Why skip MariBank

• Fully digital only, no branch, no chequebook
• Customer service depth less than Big-3 banks
• PayNow transfers limited at very high volumes (most users unaffected)

Mari Account is the cleanest pick for users who want one number, no levers, and the highest no-conditions rate in 2026.

4. Trust Cashback+: the in-house pairing play

Trust Cashback+ Account is the Trust Bank flagship savings product. 2.00 per cent on the first S$75,000, no salary required, no card spend required. Trust is the joint venture between Standard Chartered and FairPrice Group.

Why Trust

• Largest cap of any no-conditions account (S$75,000 at the bonus rate)
• Pairs cleanly with the Trust Cashback Credit Card for unified app and statement
• LinkPoints integration: every transaction earns LinkPoints redeemable at FairPrice
• Strong SCB backing for compliance and operational depth

Why skip Trust

• Rate (2.00 per cent) below MariBank (2.28 per cent) for smaller balances
• First S$10,000 sometimes earns a promotional boost, then drops; check the current rate before assuming 2.00 per cent on day one
• Above S$75,000 the marginal rate drops to base (0.05 per cent), so balances above this cap should sit elsewhere

The pairing play

Trust is the only bank in the DiveDeals catalogue where the savings account and credit card share the same app. The Trust Cashback Credit Card pays 1 per cent base cashback (capped) with bonus 5 per cent on selected merchants. Holding both means one login, one statement and one customer service touchpoint.

5. GXS Boost Pocket: the dual-pocket trick

GXS is the Grab-Singtel joint venture digital bank. Boost Pocket pays 2.18 per cent on ONE designated pocket (up to S$80,000 in that pocket). Other Save pockets pay 1.18 per cent. Across all pockets, the customer cap is S$95,000.

Why GXS

• Pocket structure lets you separate funds (emergency, holiday, school fees) with different rates
• Single tap-and-pay debit card with PayNow integration
• Grab and Singtel ecosystem perks (occasional cashback on top-ups)

Why skip GXS

• Boost rate only applies to ONE pocket, not the full balance
• Maximum customer cap S$95,000 (vs MariBank no cap, Trust S$75,000)
• Rate has been cut twice in 18 months (started at 3.48 per cent in 2024, now 2.18 per cent)

The dual-pocket trick

If you have S$80,000 to S$95,000 in GXS, max out the Boost pocket at S$80,000 (2.18 per cent) and put the remainder in Save (1.18 per cent). Blended rate at S$95,000: roughly 2.00 per cent. Below MariBank, so prefer MariBank or Trust unless you specifically want the GXS ecosystem.

6. CIMB FastSaver: the traditional-bank option

CIMB FastSaver is the only traditional-bank account on this list. Standard tier pays 1.80 per cent on the first S$50,000, no conditions. Preferred banking tier (S$250,000 AUM with CIMB) pays 2.50 per cent on the first S$50,000.

Why CIMB FastSaver

• Standard branch banking (FX exchange, chequebook, in-person service)
• Pairs with CIMB ecosystem: CIMB Visa Signature card for the card-spend trigger if you add bonus features later
• Useful as the secondary account if you bank with CIMB for other reasons (mortgage, business)

Why skip CIMB FastSaver

• Standard rate (1.80 per cent) is the lowest in this list
• Cap (S$50,000) is below Trust and GXS
• Preferred rate requires S$250,000 AUM, which is far above the bonus account caps where most users sit

CIMB FastSaver is the right pick if you already bank with CIMB or specifically want a traditional bank no-conditions account. Otherwise, MariBank or Trust wins on every measure.

7. The S$10,000 worked example

Realistic scenario: park S$10,000 for a full year. No salary credit, no card spend, no investment booster. Pure no-conditions interest.

The conditional accounts (UOB One, OCBC 360) pay about S$70 to S$145 more annually on the same S$10,000. The trade-off: roughly 30 minutes a month of admin (verifying the salary credit, the card spend, the GIRO bills) for that extra S$70 to S$145.

For balances under S$10,000, the admin time is usually not worth the spread. Above S$30,000 it becomes more compelling.

8. The compound play: pair with conditional accounts

The cleanest portfolio for most Singaporeans with S$50,000 to S$150,000 of liquid cash is NOT a single account. It is a layer.

Layer 1: emergency fund in MariBank or Trust

First 3 months of expenses (S$10,000 to S$30,000) in MariBank or Trust. Always liquid, always paid the no-conditions rate. No bonus tier to chase if you actually need to draw it down quickly.

Layer 2: working balance in UOB One or OCBC 360

Next S$50,000 to S$75,000 in the conditional account where you hit the full stack. Salary credits here, card spend triggers here, bonus interest accrues here.

Layer 3: above-cap excess in T-bills or FD

Any cash beyond the conditional account cap goes into 6-month T-bills (~2.62 per cent) or 12-month bank FD promo (~2.80 per cent). See the FD vs T-bills vs SSB guide for the year-by-year math.

This layered structure beats parking everything in a single account by 50 to 100 basis points blended at the S$100,000 to S$150,000 level.

9. FAQ

Q1: Which no-conditions account pays the highest rate in 2026?

MariBank Save Account at 2.28 per cent flat, no cap. GXS Boost Pocket is close at 2.18 per cent but only on one designated pocket up to S$80,000.

Q2: Is MariBank or Trust safer?

Both SDIC-insured up to S$100,000 per depositor per scheme. MariBank is owned by Sea Group (Shopee parent); Trust is jointly owned by Standard Chartered and FairPrice Group. SCB's backing gives Trust a slight institutional edge but practically both have equivalent depositor protection.

Q3: Can I have MariBank AND Trust AND GXS together?

Yes. There is no restriction on holding multiple digital bank accounts. SDIC coverage applies per scheme per depositor across all of them, so balances above S$100,000 in any single bank lose marginal protection.

Q4: How does the Trust Account + Trust Card pairing actually help me?

Unified app, single login, one statement. The card's cashback credits directly to your Trust account; the account interest accrues monthly visible in the same dashboard. For users who want minimal admin overhead, this is the cleanest in-bank pairing of any combination on this list.

Q5: Should I switch from my conditional account to a no-conditions one?

Only if the bonus conditions are costing you more than the rate spread saves. Common scenarios where switching makes sense: you no longer have a fixed salary GIRO, your card spend dropped below S$500, you stopped holding the investment booster. If you still hit conditions, conditional accounts pay more.

Related guides

For the full conditional-vs-no-conditions decision, the Best Savings Account Singapore 2026 guide compares both approaches with tier-by-tier picks.

If you want the head-to-head between the two top conditional accounts, see the UOB One vs OCBC 360 Singapore 2026 comparison.

If you have cash above any savings account cap, the FD vs T-bills vs SSB guide compares the three fixed-rate options.