DBS still have a "secret" onshore SGD FD ongoing.

4.88% P.A. 3-MTH S$FD ($20K - $1M) (not a typo, it's 4.88)

Promo code SR1B



Source: https://forums.hardwarezone.com.sg/threads/...#post-146257720

Definitely yes, if you have work/study passes (no need to be permanent, 6 month valid work holiday pass is more than sufficient, for instance) or willing to cough up 10-50k SGD for bancassurance or mutual fund products locked up for 5-8 years.

Depends on luck if you just want to keep your money in saving accounts/fixed deposits as these are low-margin business lines for Spore banks.

You can consult and discuss further here with other members who recently had experience with attempts of opening DBS account in SG: https://forum.lowyat.net/topic/1440794/+4500

The most recent experiences shared are that you will be contacted with RMs hungry to sell you bancassurance or mutual fund products...