A regular savings plan (RSP) in Singapore is an investment plan that buys the same shares, ETFs or funds for you every month with a fixed sum, often from S$100. It is the usual way people put dollar-cost averaging into practice. The things to compare are the fee on each purchase at your monthly amount, what you can buy, whether dividends are reinvested, and what it costs to sell or stop.
Despite the name, an RSP is not a savings account. The value moves with the market and can fall below what you put in. This article compares plans on stated measures; it does not recommend any plan or investment.
How a Regular Savings Plan Works
- You open the plan with a bank, broker or robo-adviser and link a bank account.
- You choose one or more counters (shares or ETFs) or funds, and an amount for each.
- Each month the money is deducted and the provider buys on a set date. You get whatever units the money buys at that day’s price, often in less than a board lot.
- You can usually change the amount, switch counters, pause, or sell.
The method behind it is dollar-cost averaging: a fixed sum buys more units when prices are low. MoneySense describes this as investing a fixed sum at regular intervals, whether the market is up or down.
How We Compared Regular Savings Plans in Singapore
The list: monthly investment plans from Singapore banks, brokers and robo-advisers that publish their terms on their own pages, read in November 2026. We looked for Maybank Securities’ Monthly Investment Plan but could not load its current terms, so it is left out; check its page directly.
The measures: minimum monthly amount, what you can buy, the fee on a S$100 and a S$500 monthly purchase, and how dividends are handled.
Left out: sign-up gifts, cashback and limited-time offers. They exist and change often; check each provider’s page.
Regular Savings Plans Compared (as at November 2026)
| Plan | Minimum | What you can buy | Fee on a $100 buy | Fee on a $500 buy | Dividends |
|---|---|---|---|---|---|
| POSB Invest-Saver | $100 a month | digiPortfolios, ETFs, unit trusts | Not stated on the plan page | Not stated on the plan page | Not stated on the plan page |
| OCBC Blue Chip Investment Plan | $100 a month | A set list of blue-chip shares and ETFs | $5 (0.88% for new customers under 30) | $5 ($4.40 under 30) | Cash dividends paid to your bank account |
| Phillip Share Builders Plan | $100 a month per counter | A list of SGX counters, mainly ETFs | Portfolio fee: 0.3% a year, min $1 a month | Same | Reinvested, after a dividend charge |
| Tiger Brokers auto-invest (SGX) | Check the app | Eligible SGX shares and ETFs | About $1.13 | About $1.31 | Not stated on the fee page |
| moomoo Regular Savings Plan | Varies on its page | US shares and ETFs, fractional | US commission listed as 0, conditions apply | Same | Not stated on the plan page |
How we worked out the fees:
- OCBC: 0.3% of the amount or S$5 per counter, whichever is higher, on buying and selling. New customers under 30 (accounts opened from 28 June 2019) pay a flat 0.88% with no minimum on up to S$500 per counter a month. Paying from SRS adds S$0.35 (CDP fee) plus GST per counter.
- Phillip: the information sheet charges 0.3% a year of your total portfolio value, worked out monthly, with a S$1 monthly minimum and a cap of S$8.88 a month below S$40,000 (S$5.88 from S$40,000). Fees exclude GST. Dividends carry a 1% charge, minimum S$1, capped at S$50. Purchases happen on the 18th.
- Tiger: auto-invest on Singapore stocks lists no commission and a 0.03% platform fee with a S$1 minimum per order, plus SGX trading and clearing fees of 0.04% in total, all subject to 9% GST.
- POSB: the Invest-Saver page gives the S$100 minimum and the product types but not a per-purchase fee for ETF and unit trust plans. Check the charges shown in digibank before you confirm. digiPortfolios carry a portfolio management fee.
- moomoo: its RSP page offers daily, weekly, fortnightly or monthly buys of US shares and ETFs, and quotes different minimums in different places. Confirm the current minimum and fees in the app.
The short version: at S$100 a month, the fee rule matters more than anything else. A S$5 minimum takes 5% of each buy; a S$1 minimum takes about 1%; a fee charged on the portfolio grows as your holdings grow. Check what you can buy and what happens to dividends before you sign up.
Robo-Advisers and Recurring Top-Ups
Robo-advisers work differently. They charge a yearly fee on your balance rather than a fee per purchase, so a monthly top-up does not trigger a separate trading fee under that model. The yearly fee keeps running on everything you hold. As at November 2026, from each provider’s pricing page:
- Endowus: 0.60% a year on cash below S$200,000; a flat 0.40% for CPF and SRS money. Fund fees on top.
- Syfe: 0.65% a year on managed portfolios below S$50,000, lower above that.
- StashAway: 0.8% a year on the first S$25,000, lower on higher slices.
On a S$6,000 balance after a year of S$500 top-ups, 0.6% to 0.8% is about $36 to $48 a year, before fund costs. Our robo-advisers explained guide covers how they build portfolios.
What to Check Before You Start
- Fee at your amount, in dollars. Divide it by your monthly sum to see the share you lose on each buy.
- What you can buy. A plan limited to a few single shares concentrates your risk. MoneySense notes that one company can fail. Funds and ETFs spread it; our ETF investing guide explains how.
- Dividends. Reinvested dividends keep compounding; cash dividends need you to reinvest them yourself.
- Whose name the units are in. OCBC’s page says you do not need a CDP account for its plan. Units held by a custodian are safeguarded but are not in your own CDP account.
- Selling and stopping. Selling fees, notice periods and what happens if a deduction fails. POSB says it may end a plan after two consecutive failed deductions; Phillip charges S$5 for insufficient funds.
- SRS or CPF. If you want to invest these, check the plan accepts them. See DCA with CPF and SRS.
Who a Regular Savings Plan May Not Suit
- People who need the money within a few years.
- Anyone without an emergency fund in cash first.
- Those investing so little that minimum fees take a large share; our pros and cons of dollar-cost averaging works through the maths.
What To Do Next
- Shortlist two or three plans and write down the dollar fee on your monthly amount for each.
- Read the plan’s terms and the product highlights sheet of each fund or ETF.
- Model your own amount and fee in the DCA vs lump sum calculator.
- Do your own due diligence: check each provider in the MAS Financial Institutions Directory before you sign up.
