🏦 Banks
How banks work in Singapore, what protects your money (the SDIC, S$100k per bank) and how to choose where to keep your account without paying too much in fees.
What is SDIC deposit insurance and what does it protect?
The SDIC protects your Singapore-dollar deposits up to S$100,000 per depositor, per bank, if the bank fails. What counts, what does not (foreign currency, structured deposits, investments), and how to cover a larger sum.
Read the article →Local bank, foreign bank or digital bank: where to keep your account?
The three local banks (DBS/POSB, OCBC, UOB) have the widest reach; foreign banks suit overseas needs; digital banks (GXS, Trust, MariBank) pay more with fewer branches. How to weigh them.
Read the article →How to choose your first bank account in Singapore
Your everyday account is the hub of your money. How to compare fall-below fees, the debit card, the app, PayNow, bonus-interest conditions and multi-currency options — and avoid the costs that slip past.
Read the article →What is a credit report and credit score in Singapore?
Before a bank gives you a loan or credit card it pulls your Credit Bureau Singapore report. What the 1000–2000 score and AA–HH grades mean, what shows up, and how to get your report.
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