Saving money doesn’t have to be a chore. Trust Bank proves it can be easy, fun, and highly rewarding. Their innovative Savings Pots feature has revolutionised how individuals set and achieve financial goals. Whether saving for your dream home, an emergency fund, or a long-awaited holiday, Savings Pots provides the perfect solution to make saving feel less like a task and more like an exciting journey.
What Are Savings Pots?
Savings Pots is a groundbreaking tool from Trust Bank designed to help users allocate money towards specific financial goals. By dividing your savings into up to five customised pots, you can track your progress with ease and precision. Trust Bank’s Savings Pots have no minimum deposit requirement or lock-in periods, ensuring flexibility for every saver.
The best part? These Savings Pots earn the same competitive interest rates as your Trust Savings Account, so your money works just as hard as you do.
Automate and Simplify Saving
One of the standout features of Savings Pots is the enhanced AutoPay option. Automation takes the hassle out of remembering when and how much to save. With just a few taps, users can set recurring top-ups to fund their Savings Pots regularly.
For instance, if you’re planning an overseas trip in a year, you can easily schedule weekly contributions without worrying about manually transferring funds. AutoPay ensures consistency and helps build the habit of saving over time.
Need immediate access to your funds? Trust Bank’s Savings Pots allow instant withdrawals without penalties, making it a flexible option for modern savers.
A Delightfully Different Saving Experience
Trust Bank didn’t just stop at functionality—they’ve infused fun into the saving process. Inspired by digital pets, Savings Pots have adorable Singaporean-inspired characters like a lion, otter, or monitor lizard. As your savings grow, these characters evolve from eggs into fully grown companions, adding a touch of motivation to reach your goals.
This playful approach transforms saving into an interactive and enjoyable experience, appealing to adults and younger savers who value gamified experiences.
Rewarding Your Efforts
Who says saving doesn’t come with perks? Funds in your Savings Pots contribute towards your Trust+ privileges eligibility. The more you save, the closer you get to enjoying exclusive benefits while maintaining your financial discipline.
Additionally, Trust Bank ensures simplicity by offering the same rewarding interest rates on Savings Pots as your main account, eliminating the need to juggle multiple accounts to maximise returns.
Why Choose Trust Bank Savings Pots?
According to Evonne Low, Head of Deposits & Payments at Trust Bank, “Saving money can be daunting. That’s why we launched Savings Pots to provide our customers with an easy tool to automate savings and track their progress towards financial goals in a simple and delightfully different way.”
The emphasis on user-friendly tools, customisation, and automation stems directly from customer feedback. Chief Product Officer Aditya Gupta adds, “Building healthy savings habits can be complex and tedious. Trust Savings Pots were developed to offer an easy, automated, and rewarding way to grow savings with greater control.”
A Secure and Smart Way to Save
Trust Bank ensures your deposits are protected under the Singapore Deposit Insurance Scheme, providing savers peace of mind. This assurance, coupled with Savings Pots’ flexibility and rewarding features, makes it a smart choice for those serious about financial security and growth.
Start Saving Smarter Today
Trust Bank’s Savings Pots are more than just a savings account—they’re a lifestyle upgrade. By combining automation, personalisation, and fun, this feature helps you achieve financial independence without sacrificing flexibility or rewards.
Ready to transform your saving habits? Create your first Savings Pot today and watch your financial goals come to life!