Grow your Cash
at 2.12% p.a.*
& Get $100k Coverage on Us!

Why should I Park my Money at SMART Park?

Make Your Idle Cash Work Harder

Real Returns, Not Projected

Enjoy No lock-in period with daily liquidity

Learn more about SMART Park!

Make your money work HARDER and SMARTER at:

Returns (7 Day) Annualised#

SGD

2.1330% p.a.

USD

1.8877% p.a.

Rates updated as of 17 October 2022
#Based on the average rate of annualised returns over the last rolling week.
Past performance is not necessarily indicative of future performance. View product info sheets for disclaimer

View Product Infosheet (SGD)

View Product Infosheet (USD)

Fight Inflation the SMART way

Open a POEMS Account or
Opt in to Excess Funds Management (SMART Park) facility
to fund Now!

Open an Account

Opt In

Fund a minimum of S$10,000 into SMART Park and enjoy other perks!

Enjoy a complimentary Personal Accident Plan with coverage of up to $100,000 for a year!

Up to S$100,000 coverage against death and permanent disablement

Applicable to Singapore residents aged from 18 to 65 years old, without medical underwriting.

Protect yourself from unforeseen circumstances while enjoying returns on your deposit with SMART Park!

How do I enjoy this promotion?

Don’t have an Account yet? Set up one as follows:

1
 Open a POEMS account and opt-in to our Excess Funds Management facility (SMART Park) in 5 minutes!
2
 Deposit a minimum S$10,000 into SMART Park within 7 days of opting-in!
3
 After a 30-day holding period, you will receive an email from hello@phillip.com.sg, and will be required to submit an acknowledgement form to consent for the Personal Data Protection Act (“PDPA”) and declaration to receive your complimentary Personal Accident Plan.
4
 Upon submission of the form, you will receive your policy document from the insurer, ECICS Limited, to your registered email address within the next 5 working days.

For Account holders:

1
 Opt in to our Excess Funds Management (SMART Park) facility.
2
 Deposit a minimum S$10,000 into SMART Park within 7 days of opting-in!
3
 After a 30-day holding period, you will receive an email from hello@phillip.com.sg, and will be required to submit an acknowledgement form for the Personal Data Protection Act (“PDPA”) and declaration to receive your Personal Accident Plan.
4
 Upon submission of the form, you will receive your policy document from the insurer, ECICS Limited, to your registered email address within the next 5 working days.

Frequently Asked Questions

To view the returns earned, please login and go to Acct Mgmt > Stocks > Transaction History > Summary of Portfolio > MMF.
Cash Plus, Cash Management, Margin, Prepaid, and Custodian Accounts with Excess Fund Management facility are eligible to participate in this promotion.
No. You will be unable to participate in this promotion as the Cash Trading / Share Financing Account does not have excess fund management facility.
Login to POEMS 2.0 > Acct Mgmt > Stocks > Online Forms or a conversion form can be sent to talktophillip@phillip.com.sg. Cash Trading Account with existing GIRO facility has to be terminated before we can process the conversion to Cash Management (KC) Account.
The Personal Accident Plan will be underwritten by ECICS Limited. The company is a fully licensed general insurer under the approval of the Monetary Authority of Singapore. Both Phillip Securities Pte Ltd and ECICS Limited are members of PhillipCapital Group. To find out more about ECICS Limited, please refer here.
Personal Accident policies are designed to provide financial assistance payable upon death or permanent disablement. They protect you and your loved ones from potential financial burdens such as medical bills and loss of income in the event of death or permanent disablement.
This Personal Accident Plan will last one year from the commencement date of the policy. For the subsequent years, you renew the policy at a rate of only S$36+GST per annum. This policy can be renewed up to 70 years old.
Please refer here for the list of benefits.
This Plan is for Singapore Citizens, Permanent Residents or foreigners/expatriates who hold a valid Employment Pass, Work Permit, Dependent Pass issued by Ministry of Manpower or Student Pass issued by Ministry of Education.
Please kindly contact ECICS Limited at +65 6206 5588 or customerservice@ecics.com.sg
No. You are not allowed to.
No. The free Personal Accidental Insurance Plan is only entitled to be tagged to one Customer. It will be issued to the primary Account holder.
No. One Customer is entitled to the Personal Accident Plan once.
Yes. You are allowed to use the funds to trade on POEMS
You will receive your policy document from the insurer, ECICS Limited within 5 working days. It will be sent to your registered email address after the 30 days holding period for the $10,000 or above deposit.
Yes, you are allowed to deposit the amounts separately as long as you deposit the full S$10,000 amount within 7 days.
Yes, you are allowed to deposit US dollars as long as the amount is equivalent to S$10,000 and above, to qualify you for the Free Personal Accident Plan.
No, you will not be eligible. The deposit needs to be in the form of fresh funds from the Bank/s.

Terms and Conditons

  1. This promotion is valid from 14 November 2022 (1200 hrs) to 15 January 2023 (2359 hrs).
  2. Qualifying Criteria:
    1. Each Customer holds either Cash Plus, Cash Management, Margin, Prepaid, Custodian Account (“POEMS Account”).
    2. The Account must be opted in for Excess Funds Management Facility (Smart Park).
    3. Singapore residents aged from 18 to 65 years old.
    4. Each Customer is only eligible for one Personal Accident Plan. In case of a joint account, the main applicant will only be eligible for subscribing to the Personal Accident Plan.
    5. PSPL and its associated entities and subsidiaries (direct or indirect), e.g. Staff, Trading Representatives and Financial Adviser Representatives.
  3. Customers must deposit a minimum of S$10,000 or equivalent to their POEMS Account within 7 days for at least 30 days of holding period to be eligible to receive the free Personal Accident Plan for 1 year. The deposit has to be a fresh fund, excluding transferring cash from other Trading Accounts.
  4. Customers must provide his/ her name as per NRIC, consent to Personal Data Protection Act (“PDPA”) and declaration in the Acknowledgement form and submit the form to subscribe for the Phillip Protect (Personal Accident Plan) as required by ECICS Limited within the promotional period. In the event that the name provided and information given to PSPL in the Acknowledgement form is inaccurate, the Phillip Protect (Personal Accident Plan) will not be granted.
  5. In the event that eligible Customers have not received the policy document within 5 working days upon submission of the Acknowledgement form, please contact talktophillp@phillip.com.sg or 65311555.
  6. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.
  7. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and/or delete these Terms and Conditions without prior notification (including eligibility; replacement of the reward; promotional mechanics, promotion duration without prior notification, qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
  8. The following persons are not eligible for this promotion, unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
    1. PSPL institutional Customers and corporate Customers
    2. PSPL Account holders whose Accounts have been suspended, canceled or terminated.
  9. By taking part in this campaign, the participant acknowledges that he / she has read and consented to these Terms & Conditions.