Sign up for your Vivid Account

Things to know before you sign up:

Vivid Savings Interest Rates

Daily Balance Interest Rate(%)
P.A*^
$0 - $10,000.00 1.05%
$10,000.01 - $20,000.00 1.30%
$20,000.01 and above*** 0.25%

* Interest rates quoted are subject to change at any time without prior notice. Terms and conditions apply
^Interest is calculated based on each end day balance in your Vivid Savings Account and credited at the end of the month
*** The entire Vivid Account balance will be calculated at 0.25% (P.A) if it exceeds $20,000 (including interest credit)


How does the interest work?


Illustration Table for Vivid Savings Interest Rate

Eg: You maintain your savings with no withdrawals daily between October - December

Illustration 1

For daily balance more than $9,999
My Daily Balance Interest Rate My Interest Earned My Account Balance on the Last Day of the Month
October (based on 31 days) $9,999 1.05% P.A $8.92 $10,007.92
November (based on 30 days) $10,007.92 1.30% P.A $10.69 $10,018.61
December (based on 31 days) $10,018.61 1.30% P.A $11.06 $10,029.67

Illustration 2

For daily balance more than $19,999
My Daily Balance Interest Rate My Interest Earned My Account Balance on the Last Day of the Month
October (based on 31 days) $19,999 1.30% P.A $22.08 $20,021.08
November (based on 30 days) $20,021.08 *0.25% P.A $4.11 $20,025.20
December (based on 31 days) $20,025.20 *0.25% P.A $4.25 $20,029.45

* The entire Vivid Account balance is calculated at 0.25% (P.A) as it exceeds $20,000 after the credit of interest.
These calculations are for illustrative purposes only and are not representations, warranties or assurances of the actual interest credited.


Points to take note before signing up:

  • Account Application is through MYINFO only
  • No Fall Below Fee
  • Initial deposit of $500 is required for Account Activation and a minimum balance of $200 must be maintained at all time
  • Withdrawal of funds from Vivid Savings Account to be performed at our 7 Customer Centres
  • Your Vivid Savings Account Information will not be reflected on the Vivid Mobile application as the Vivid eWallet and Prepaid Card is a collaboration with MatchMove.
  • Use 'SMS Banking' to request for your Vivid Savings Account Balance at https://sfl.sg/services.php, click on 'Check Vivid Account Balance'
  • The use of E-Wallet Mobile Application is required for transfer of funds between Vivid Savings Account and Vivid Prepaid Mastercard
  • The minimum transfer limit is $10 and capped at $500 daily from your Vivid Savings Account to Vivid eWallet
  • A maximum combined total of $3,000 can be stored on the Vivid eWallet & Vivid Prepaid Mastercard at all times

DEPOSIT INSURANCE SCHEME
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000.00 in aggregate per depositor per Scheme member by law.

For a complete listing of the insured deposit, please click here


Step 1 – Sign up online via MyInfo
  • For Singaporean and Permanent Resident.
  • You must have a SingPass account with your mobile phone number and email updated.
  • You will receive an update of your application within 3 to 5 working days
  • For successful application, follow the instructions in the approval email to activate your Vivid Savings account.
  • More information on MyInfo – click here

Step 2 – Activate your Vivid Savings Account
Vivid Savings Account
Savings Account
  • Initial amount of $500 deposit is required to activate the account.
  • Deposit can be performed via e-payment services such as AXS, E-Nets and PayNow.
  • You will receive a SMS notification upon successful activation.
  • Allow up to 2 working days for the funds to be credited to your Vivid Savings Account.
  • Account must be activated within 30 calendar days from date of opening otherwise it will be closed without prior notice.
  • Use SMS banking service to check your Vivid Savings Account balance and transaction history anytime.
  • Receive monthly e-statement sent to your email

Step 3 – Create the Vivid E-Wallet Account
  • Click here to download the mobile application from Google Play Store or Apple App Store.
  • Create your Vivid E-Wallet account using your mobile number registered with us
  • After we have received the Vivid E-Wallet creation and account activation, your Vivid Prepaid Mastercard will be sent to your mailing address within 7 to 14 calendar days.

  • The Vivid E-Wallet is required to enable you to transfer funds to/from your Vivid Savings account to the Vivid E-Wallet and to the Vivid Prepaid Mastercard for better spending management.
  • You will be able to view your transactions performed on Vivid Prepaid Mastercard.
  • If you misplace the Vivid Prepaid Mastercard simply offload the value from the card back to your Vivid E-Wallet.
Click here for FAQ.

Step 4 – Activate your Vivid Prepaid Mastercard
  • Activate your Vivid Prepaid Mastercard by entering the 12 digits Kit Number sent to you together with the card.
  • Use the Vivid E-Wallet to transfer funds from your Vivid Savings account to your Vivid E-Wallet.
  • Load value to your Vivid Prepaid Mastercard and you are good to go!
  • Transfer limit is capped at $500 per day from Vivid Savings Account to Vivid E-Wallet.
  • A maximum combined value of $3,000 can be stored on the Vivid E-Wallet & Vivid Prepaid Mastercard at any one time.
  • Funds stored on the Vivid E-Wallet and/or any Mobile Wallets and the Vivid Prepaid Mastercard and/or any stored value Cards provided by us are not insured deposits under the Deposit Insurance and Policy Owners’ Protection Schemes Act (Chapter 77B of the Singapore Statutes) and are ineligible for protection by the Deposit Insurance Scheme.