Digital banks in Singapore are offering more than just higher interest rates to entice sign-ups in a market that is dominated by traditional banks. Photo: Shutterstock
Digital banks in Singapore are offering more than just higher interest rates to entice sign-ups in a market that is dominated by traditional banks. Photo: Shutterstock
Singapore

Singapore’s digital banks offer higher interest rates, grocery rebates to pull customers from traditional banks

  • Digital banks in Singapore are stepping up promotions, services to attract sign-ups in a market dominated by traditional banks
  • Digital banks operate entirely online, and do not have ATMs nor physical bank outlets

Digital banks in Singapore are offering more than just higher interest rates to entice sign-ups in a market that is dominated by traditional banks. Photo: Shutterstock
Digital banks in Singapore are offering more than just higher interest rates to entice sign-ups in a market that is dominated by traditional banks. Photo: Shutterstock
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