Trust Bank
The Most Rewarding Bank in Singapore?
If you’re based in Singapore and haven’t heard of Trust Bank, it’s time to get kiasu—in the best way. With a sleek app, no monthly fees, and a generous referral rewards program, Trust Bank is quickly becoming the go-to bank for cashback-hungry Singaporeans. And if you’re the type who loves sharing good deals with friends, Trust Bank’s “Member Get Member” promotion is your next goldmine.
💡 Quick Link: Sign up for Trust Bank using referral code U77MPJWP to unlock your first scratch card reward — Click here to join Trust Bank now
In this guide, we’ll break down:
- Why Trust Bank is awesome
- How their referral program works
- What rewards you and your friends can earn
- Tips to make the most of it
What is Trust Bank Singapore?
Trust Bank Singapore is a digital-only bank backed by NTUC Enterprise and Standard Chartered. That means you get the reliability of a global bank, paired with rewards that speak to the everyday Singaporean.
Launched in 2022, Trust Bank quickly gained popularity by:
- Offering no minimum balance and no fees
- Giving users NTUC LinkPoints and cashback for daily spending
- Seamless sign-ups via Singpass
- And now… rewarding you with up to $1,000 cashback via scratch cards for simply referring friends
Why People Love Trust Bank
Let’s break down the real reasons why Trust Bank is a crowd favorite:
💳 1. No-Fee Banking
No hidden fees. No fall-below penalties. Trust Bank offers credit cards and savings accounts that are simple and transparent—perfect for those tired of traditional bank charges.
📱 2. Fully Digital Convenience
Apply in minutes using MyInfo with Singpass. The app lets you manage everything: from spending summaries to reward redemptions.
🎁 3. Cashback + LinkPoints
Whether you use the Trust Link Credit Card, NTUC Link Card, or their Savings Account, you’ll rack up:
- Up to 11% LinkPoints at FairPrice
- Up to 2.5% p.a. interest on savings
- Bonus scratch cards for completing challenges or referrals
🧧 4. Referral Bonuses That Keep Giving
The Trust Bank referral program is one of the most generous in town. Invite your friends, and both of you get rewarded—no cap on how many people you can refer.
How the Trust Bank Singapore Referral Program Works (2025 Edition)
💡 Quick Link: Sign up for Trust Bank using referral code U77MPJWP to unlock your first scratch card reward — Click here to join Trust Bank now
Here’s what you need to know about their current “Member Get Member” campaign running till 31 December 2025:
👥 Step 1: You Invite a Friend
Share your referral code via the Trust Bank app.
🧾 Step 2: Your Friend Signs Up
They must be a new user (no past or existing Trust account), and must use your referral code during registration.
🎉 Step 3: You Both Win Scratch Cards
Each successful referral earns you and your friend a scratch card in the Rewards > Quests section of the app.
Scratch card prizes include:
- 💰 $5
- 💰 $15
- 💰 $25
- 💰 $100
- 💰 $250
- 💰 $1,000
And yes—those are real cashback rewards!
💡 Pro Tip: Bring 3 Buddies = S$80 Bonus
💡 Quick Link: Sign up for Trust Bank using referral code U77MPJWP to unlock your first scratch card reward — Click here to join Trust Bank now
From 1 to 13 August 2025, Trust Bank is running a limited-time “Bring 3 Buddies” challenge. Here’s how it works:
- Refer 3 friends using your referral code during this period
- When they sign up successfully (via credit cards or savings accounts)
- You get a special scratch card worth S$80 cashback
- This is on top of the standard scratch cards from each referral
⚠️ Heads up: Scratch cards earned from this promo expire on 31 October 2025, so use them fast!
How Is Cashback Credited?
Depending on what account you have, your cashback will be automatically applied to:
- Your Trust Cashback Card
- Your NTUC Link Credit Card
- Or your Savings Account by Trust
If you hold more than one of these, Trust Bank will credit the cashback to the first eligible account in the order above.
What Makes Trust Bank Better Than Others?
💡 Quick Link: Sign up for Trust Bank using referral code U77MPJWP to unlock your first scratch card reward — Click here to join Trust Bank now
Let’s be honest—most banks don’t reward you for referring friends. And even if they do, the process is slow or the reward tiny.
Trust Bank flips that model:
- Instant digital scratch cards
- No minimum spend or fees
- Multiple ways to earn—referrals, quests, shopping
- Perfect for young adults, students, families, or even retirees
With backing from NTUC and Standard Chartered, it’s secure, insured, and well-supported.
Common FAQs About the Referral Program
❓ Is there a limit to how many friends I can refer?
Nope! You can refer as many friends as you want—each successful referral gives you a new scratch card.
❓ Can I refer someone who already had a Trust account before?
No. Only new to Trust customers are eligible—someone who’s never had an account.
❓ What if I hold both the credit card and savings account?
Trust will credit the cashback to whichever account ranks first in their priority list.
❓ Is the referral code the same for every new friend?
Yes. Just share your personal code from the Trust app. Each friend can use the same one.
Final Verdict: Is Trust Bank Worth Signing Up?
✅ Fast sign-up
✅ Real cashback
✅ No fees
✅ Local rewards at FairPrice, Unity, Kopitiam
✅ Ongoing promotions like “Bring 3 Buddies”
✅ Easy app experience
Yes—it’s totally worth it.
And if you’re already a user, don’t sleep on the referral rewards. You’re literally leaving money on the table.
💡 Quick Link: Sign up for Trust Bank using referral code U77MPJWP to unlock your first scratch card reward — Click here to join Trust Bank now