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What is Mari Savings Account?

Mari Savings Account is a savings account that allows you to hold Singapore Dollars (SGD) and for selected eligible users, foreign currencies (such as US Dollars (USD) and other currencies as introduced from time to time).

Mari Savings Account also comes with a free Mari Debit Card that allows you to make SGD spends from your Mari Savings Account, as the Mari Debit Card currently only supports transactions in SGD only. All card spending will be debited exclusively from your SGD balance. If you make a purchase in USD or another foreign currency using your Mari Debit Card, the amount will be converted and drawn from your SGD balance based on prevailing FX rates. Your USD or other foreign currency deposit balance will not be drawn upon for card spending.

The Mari Debit Card also allows you to earn unlimited cashback on all eligible spend made on your card, with no minimum spend required and no annual card fee.

When your Mari Savings Account is approved, a virtual Mari Debit Card will be automatically issued to you. You may also choose to request for a physical card for free.

Note: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Note on USD deposits: USD deposit features are currently available by invitation only. If you have not received an invitation to enable USD deposits for your MariBank account, you will not be able to receive any incoming USD transfers.

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