Trust Bank Referral Code 2026: BANK50 — Get S$50 Cash + 3.5% p.a. Interest
Use Trust Bank referral code BANK50 when you sign up for a Trust Bank account to earn a S$50 cash bonus. New customers also earn 3.5% p.a. on balances up to S$75,000 — no minimum balance required. This article is for informational purposes only and does not constitute financial advice. Always verify current promotions on Trust Bank’s official website.
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Trust Bank Referral Code BANK50
The Trust Bank referral code for 2026 is BANK50. Enter this code during sign-up to receive a S$50 cash bonus credited directly to your Trust Bank account within 30 days of meeting the qualifying criteria.
Trust Bank is a digital bank in Singapore — a joint venture between Standard Chartered and FairPrice Group — fully licensed by the Monetary Authority of Singapore (MAS). It launched in September 2022 and has rapidly grown to over 800,000 customers, making it one of Singapore’s fastest-growing digital banks.
Referral Code Summary
| Detail | Information |
|---|---|
| Referral Code | BANK50 |
| Cash Bonus | S$50 |
| Eligible For | New Trust Bank customers only |
| Validity | Check Trust Bank app for current terms |
| Licensed By | Monetary Authority of Singapore (MAS) |
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How to Claim the S$50 Sign-Up Bonus
Follow these steps to claim your Trust Bank referral bonus using code BANK50:
- Download the Trust Bank app from the App Store or Google Play.
- Sign up for a new Trust Bank account — you’ll need your NRIC/FIN, SingPass, and a valid Singapore mobile number.
- Enter referral code BANK50 in the referral code field during registration.
- Complete the qualifying steps as specified in the app (typically making a qualifying transaction or maintaining a minimum balance for a set period).
- Receive S$50 cash credited to your Trust Bank account within 30 days of meeting the criteria.
Note: Eligibility is for new customers only (those who have never held a Trust Bank account). Always check the latest terms in the Trust Bank app as promotions may change.
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Trust Bank Interest Rate 2026
Trust Bank’s Everyday Account pays a base interest rate of 2.5% p.a. on balances up to S$50,000, with bonus rates available for qualifying activities. New customers using a referral code may earn up to 3.5% p.a. on their first S$75,000 for an introductory period.
This compares well against traditional bank savings accounts and even some fixed deposits, with the added convenience of zero minimum balance and no fall-below fees.
Interest Rate Comparison (as at May 2026)
| Bank | Base Rate | Max Bonus Rate | Min Balance |
|---|---|---|---|
| Trust Bank | 2.5% p.a. | 3.5% p.a.* | S$0 |
| MariBank | 2.88% p.a. | 3.0% p.a. | S$0 |
| DBS Multiplier | 0.05% p.a. | 4.10% p.a. | S$3,000 |
| OCBC 360 | 0.05% p.a. | 4.65% p.a. | S$3,000 |
*3.5% p.a. introductory rate for new customers; verify current rates in the Trust Bank app. Data accurate as at May 2026.
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Trust Bank vs MariBank: Which Pays More?
Both Trust Bank and MariBank are MAS-licensed digital banks in Singapore targeting retail savers. Here’s how they compare for everyday savings:
Trust Bank offers a S$50 sign-up bonus, a debit card with FairPrice rewards, and access to Standard Chartered’s investment products. It’s ideal for FairPrice shoppers who want to stack rebates.
MariBank — backed by Sea Group (parent of Shopee) — offers a competitive 2.88% p.a. base rate with no strings attached and an easy-to-use app. For those already on Shopee or SeaMoney’s ecosystem, MariBank is a natural fit.
The good news: there’s no reason to choose just one. Many Singapore savers keep accounts at both digital banks to maximise returns and bonuses. You can also read our full MariBank referral code guide to claim the MariBank sign-up bonus.
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Key Features of Trust Bank
Beyond the referral bonus, Trust Bank offers several features that make it worth considering as your primary or supplementary digital bank in Singapore:
- Zero minimum balance — no fall-below fees, ever.
- FairPrice linkage — earn LinkPoints on FairPrice purchases made with your Trust Bank card.
- Standard Chartered products — access SC’s investment, insurance, and credit products directly through the Trust Bank app.
- Instant transfers — via PayNow, FAST, and GIRO.
- MAS-licensed — deposits protected by SDIC up to S$75,000 per depositor.
- Debit Mastercard — accepted at all Mastercard merchants locally and overseas.
For Singapore investors looking to put their savings to work while keeping some liquid, Trust Bank’s interest rate on idle cash complements longer-term investments through robo-advisors like Endowus and Syfe.
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Best Robo-Advisors to Pair with Trust Bank
Trust Bank is great for your emergency fund and short-term savings — but for long-term wealth building, pairing it with a robo-advisor can significantly boost your returns. Here are the top platforms Singapore investors use:
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More Singapore Investing Resources
If you’re building a complete Singapore investment portfolio, check out these related guides on The Kopi Notes:
- Best S-REITs Singapore 2026 — top-yielding REITs with 5–7% distributions
- CPF Investment Strategy Guide — how to invest your OA and SRS funds
- Singapore REIT ETF Guide — passive S-REIT exposure through ETFs
- Retirement Planning Calculator — how much do you need to retire in Singapore?
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Frequently Asked Questions
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