Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving sc.com/sg and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/sg


Proceed

Revision of Bonus$aver account Interest Rates

With effect from 1 October 2020 (inclusive), please note that there will be an update to the Bonus$aver Product Terms (“Terms”).

The Terms will be updated to reflect changes in the bonus interest rates. Please refer to the table below for a summary of changes.

Prevailing

Bonus Interest Rate on your first S$80,000 eligible deposit balance

New (With effect from 1 October 2020)

Bonus Interest Rate on your
first S$80,000 eligible deposit balance

Invest  0.85% p.a. 0.90% p.a.
Insure 0.85% p.a. 0.90% p.a.
Salary Credit 0.40% p.a. 0.20% p.a.
Bill Payment 0.10% p.a. 0.10% p.a.
Card Spend Up to 0.75% p.a.
(minimum eligible spend of S$2,000 monthly)Up to 0.25% p.a.
(minimum eligible spend of S$500 monthly)
Up to 0.75% p.a.
(minimum eligible spend of S$2,000
monthly)Up to 0.25% p.a.
(minimum eligible spend of S$500 monthly)
Prevailing Interest Rate 0.05% p.a. 0.03% p.a.
TOTAL BONUS INTEREST PAID ON YOUR ELIGIBLE DEPOSIT BALANCE 3.00% p.a. 2.88 % p.a.

If you wish to obtain a copy of the new Bonus$aver Product Terms, go to www.sc.com/sg/bonussaver-tnc  from 1 October 2020.  

Updates to the Current and Savings Accounts in Foreign Currency

For more information on the revised interest rates for Current and Savings Accounts in foreign currency, please click here.The prevailing interest rates for a list of Current and Savings Accounts (inclusive of Bonus$aver) in foreign currency will also be revised.

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.