Retail Account Customers
Savings Account
Enjoy a basic saving interest rate of 1.0% p.a.* with NO fees and NO minimum account balance requirement
Transfer funds from your account INSTANTLY at your fingerprints
Enjoy 24/7 banking services WITHOUT visiting a bank
Go green with paperless statement
*The annual interest rate is effective from 18 Feb 2025. (The annual interest rate is calculated on a daily basis over a 365-day year and will be determined by the Bank from time to time.)
Time Deposit
- • Low threshold, place your Time Deposit from minimum $100 to enjoy stable interest returns
- • More financial flexibility by offering 1 - 12 months Time Deposit option
- • Same interest rate for all deposit amount
- • 24 X 7 time deposits anywhere
Time Deposit Rate
| Deposit Period | Annual Interest Rate |
|---|---|
| 1-Month | -- |
| 2-Month | -- |
| 3-Month | -- |
| 4-Month | -- |
| 6-Month | -- |
| 12-Month | -- |
The annual interest rate is calculated on a daily basis over a 365-day year and will be determined by the Bank from time to time.
The above interest rates are for reference only. The actual interest rates will be subject to the rates quoted in PAObank Retail Banking APP by the Bank from time to time.
Interest Rate
Period
0 - 200 K
200 K - 20M
>20M
Account opening date to 30 Sep 2020 (both dates inclusive)
2%
1%
0.01%
1 Cot to 31 Dec 2020 (both dates inclusive)
3%
1%
0.01%
1 Jan to 31 Mar 2021 (both dates inclusive)
5%
1%
0.01%
Remark：
Eligibility cap is based on initial deposit and will be adjusted downward per fund withdrawal
Eligibility cap will not be adjusted upward on subsequent fund deposit
Bonus step-up interest will be credited to customers savings account 1 month after each period end