oh quite a few hoops to jump thru for the 3.5% (NTUC Members) & 3% (Non-Ntuc Members)
Source: https://trustbank.sg/savings-account/#interest-breakdown
- Base rate: You’ll earn 1.25% p.a. interest on deposit balance up to S$500K. Balances above S$500K will earn 0.05% p.a. interest.
- Spend Bonus Rate: 0.5% to 1% - Make min. 5 × S$30 qualifying card transactions to unlock this bonus rate on deposit balance up to S$500K for the full month (NTUC Union Members get 1.00% p.a. interest whereas others get 0.50% p.a. interest)
- Balance Bonus Rate: +0.5% - Maintain a min. S$100K Average Daily Balance (ADB) for the month to unlock this bonus rate on your deposit balance up to S$500K.
- Salary Bonus Rate: +0.75% - Credit min. S$1,500 monthly salary via GIRO in a single transaction to unlock this bonus rate on deposit balance up to S$500K for the full month.
Source: https://trustbank.sg/savings-account/#interest-breakdown