Who Can Buy Savings Bonds?
Am I eligible to buy Savings Bonds? Can corporations purchase Savings Bonds as well?
Only individual investors can apply for and hold Savings Bonds.
To apply for Savings Bonds, you need to have a DBS/POSB, OCBC or UOB bank account and ATM card.
This is because the application will be through the ATMs. DBS/POSB customers may also apply for Savings Bonds through Internet Banking.
You also need an individual (not joint) CDP securities account with Direct Crediting Service (DCS) activated.
You need to be at least 18 years old to open an individual CDP Securities account to hold Savings Bonds.
Is there a minimum age requirement?
You need to be at least 18 years old to open an individual CDP Securities account to hold your Savings Bonds.
