Trust Bank Referral Code: NV68VTDE and Review
Banking made transparent, easy and rewarding
Enter referral code NV68VTDE when opening an eligible Trust account.
Current referral rewards:
- Any Trust credit card: a golden scratch card with cashback from S$50 to S$8,000.
- Trust Savings Account: a scratch card with cashback from S$8 to S$1,888.
You must be new to Trust and enter the referral code during sign-up. Terms and conditions apply.
Table of Contents
Current Trust referral programme
The referral programme covers these products:
- Trust Freedom credit card (previously Trust Cashback credit card)
- Trust Link credit card
- Trust Savings Account
To count as a referral, you must be new to Trust, with no existing or previously cancelled Trust account, and enter the referral code during sign-up.
Referral rewards currently offered are:
- Any Trust credit card: a golden scratch card with cashback from S$50 to S$8,000.
- Trust Savings Account: a scratch card with cashback from S$8 to S$1,888.
Refer to Trust’s Refer and Earn page for the current promotion terms and eligibility requirements.
About Trust Bank Singapore
“Trust is designed and built to operate entirely on your mobile phone, using the latest technology. We focus on digitising as many traditional processes as possible. We don’t have any branches and we operate 24/7.”
Trust Bank is a digital bank backed by Standard Chartered and FairPrice Group. It officially launched in Singapore on 1 September 2022.
What is a digital bank?
A digital bank (also known as a neobank or virtual bank) offers services typically provided by conventional banks — such as accepting deposits, facilitating payments, and offering loans — but operates fully online without physical branches.
Trust is 60% owned by Standard Chartered and 40% by NTUC Enterprise. The consortium was awarded a digital full bank licence by the Monetary Authority of Singapore in December 2020.
Trust offers a range of products including a savings account, personal insurance solutions, and numberless debit and credit cards managed entirely through its mobile app.
Strong adoption since launch
Trust reported having more than one million customers as of June 2026.
Core Products
Savings account
The Trust savings account currently offers three plans:
- Flex: up to 2.40% p.a. by selecting and meeting three bonus-interest activities each month
- Signature: up to 1.00% p.a. through qualifying salary, spending and balance activities
- Zen: a flat 0.40% p.a. without activity requirements
No minimum balance required
There is no minimum balance requirement, fall-below fee or monthly service fee. Interest rates apply to deposits up to the limits and conditions stated by Trust.
Trust+
Level up your banking experience
Maintain at least S$100,000 in eligible balances across your Trust savings account average daily balance and/or TrustInvest account value to qualify for Trust+.
Benefits currently include a complimentary first-issue metal card, a special in-app theme, curated privileges and priority in-app support. Once you qualify for a calendar month, Trust+ status applies for the following three consecutive months.
Cards (Debit and Credit)
Trust offers separate debit and credit cards, both issued as numberless physical cards to reduce exposure of card details during transactions.
Trust cards feature:
- No annual fee
- No foreign transaction or FX markup fees charged by Trust, subject to card network rules.
- Mobile wallet support: Apple Pay, plus Google Wallet for eligible Trust Visa credit cards
Rewards
The Trust Freedom credit card lets cardholders choose one reward type for each upcoming quarter in the Trust App under Rewards > My earnings > Freedom card > Switch your rewards:
- Stockback: 3% Stockback on eligible local and foreign spend, capped at S$500 per quarter, until 31 December 2026. From 1 January 2027, this changes to 2% on eligible local spend and 0.5% on eligible foreign spend.
- Unlimited cashback: 1.5% instant cashback on eligible local spend and 0.5% instant cashback on eligible foreign spend, with no minimum spend or cashback cap.
- Bonus cashback: 1.0% instant cashback on eligible local spend and 0.5% instant cashback on eligible foreign spend, plus up to 15% Bonus cashback each quarter in a preferred category.
Existing Cashback cardholders can continue using their current physical and digital cards; the card number remains unchanged. A replacement may be requested in the Trust App for the Freedom card design.
Rewards such as digital coupons and stamp cards may also be available through participating merchant offers within the Trust App. Eligible spend, reward caps and terms apply; check Trust’s current Key Facts Sheet and the Trust App before relying on a reward.
Security features
The Trust App allows customers to instantly lock their card if it is misplaced.
Insurance
Family personal accident insurance
Trust offers a family personal accident insurance plan covering accidental death and permanent total disability. Policies are underwritten and issued by Income Insurance.
Premiums, coverage limits, promotional offers, and eligibility criteria are subject to the insurer’s prevailing terms and may change over time.
TravelShiok travel insurance
TravelShiok is a travel insurance plan available exclusively to Trust customers. Coverage features and benefits vary by plan and are underwritten and issued by Income Insurance.
TrustInvest
TrustInvest is Trust’s investment platform, offering customers access to curated investment solutions within the Trust App.
Mutual Funds offering
TrustInvest offers a selection of funds designed for different risk profiles and investment objectives:
- Cash+ — money market fund focused on capital preservation and liquidity
- Income+ — portfolio with exposure to income-generating equities and bonds
- Wealth+ — multi-asset portfolios with varying risk levels
Stocks and ETFs
TrustInvest currently supports US stocks and ETFs, as well as selected Ireland-domiciled UK UCITS ETFs.
Current US market benefits include:
- Zero commission till end of 2026. After that, 0.05% commission per trade applies (min. 2.99 USD)
- Free fractional stock worth up to 500 USD. Simply make a trade of at least 1,000 USD
Promotional fees and rewards are time-limited and subject to change. Refer to the Trust App for current terms.
Key features:
- Fractional US stocks and ETFs with min. 10 USD
- Real-time stock prices
- No custody fee, platform fee, or settlement fee
FAQ
The complete FAQ can be found here.
General
Is my money safe with Trust?
Trust is regulated by the Monetary Authority of Singapore. SGD deposits in Trust savings accounts are insured under the SDIC Deposit Insurance Scheme, up to the prevailing statutory limit per depositor.
Savings Account related
Can I use an ATM to withdraw money?
Trust savings-account customers can withdraw cash from Trust and Standard Chartered ATMs without an ATM withdrawal fee from Trust.
How do I deposit money into my savings account?
You can deposit funds via:
- FAST or PayNow transfers from other banks, or
- Standing instructions from another bank account
Can I open a joint-named savings account?
Currently, Trust supports single-name savings accounts only. Account features and availability may change over time.
Personal experience sharing and tips
Note: The following reflects personal experience at the time of writing. App features, interfaces, and processes may change.
Signing up
I was able to sign up using SingPass MyInfo within a few minutes on the launch date of 1 September 2022.
Claiming referral benefit and welcome bonuses
Link points integration
You can view your NTUC LinkPoints directly within the Trust App.
Security: Kill Switch
Kill Switch is an in-app security feature that allows you to immediately block access to your Trust App and Trust card(s) in the event of suspected fraud. Reactivation requires contacting Trust via its official support channels.
Birthday Benefits
Auntiehuat
Web Administrator
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