Looking at the first half of each of our local bank's financial statements, one thing stands out and that is DBS gives the lowest deposit rates to its depositers. This explains why DBS has been able to generate the largest annual profits each year among the 3 local banks. Evidence as below: DBS Pays Depositers Average of 1.92% OCBC Pays Depositers Average of 2.51% UOB Pays Depositers Average of 2.51% DBS Pays Depositors 0.59% less in Interest Based on the above, it is obvious DBS pays about 0.6% less in deposit rates compared to OCBC and UOB. It is common knowledge that both OCBC's 360 account and UOB one account gives a better effective interest rate than DBS's multipler account as well. Somehow both OCBC and UOB pay the same amount of 2.51% interest rate while DBS is paying 1.92% interest rate. Hence, it baffles me to why so many consumers still choose to bank their money with DBS, that is giving inferior deposit rates....