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Important Information

Revision of USD$aver Interest Rates effective 1 September 2024

With effect from 1 September 2024 (inclusive), please note that there will be revisions made to the interest rates for USD$aver.

Refer to the table below for a summary of changes.

BALANCE IN YOUR USD$AVER ACCOUNT PREVAILING INTEREST RATE

(BEFORE 1 Sep 2024)

PREVAILING INTEREST RATE^

(AFTER 1 SEP 2024)

FIRST USD50,000 0.05% p.a. 0.05% p.a.
Next USD150,000 1.50% p.a. 1.00% p.a.
Next USD1,300,000 2.50% p.a. 2.00% p.a.
Next USD1,500,000 4.00% p.a. 3.50% p.a.

 

 

^ Important Note:

  • Account balances exceeding USD3,000,000 shall earn prevailing interest of 0.05% p.a.
  • The maximum effective interest rate (EIR) on the prevailing rate on your USD$aver account is 2.84% p.a. for deposit balance of USD3,000,000.

For more details, please refer to www.sc.com/sg/save/savings-accounts/usdsaver/ from 1st September 2024.