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  1. Compare and Open a Bank Account Online
  2. Savings Accounts
  3. e$aver Account
  4. esaver

e$aver Savings Account

Earn up to 0.50% p.a. interest without locking in your money and seize future opportunities with e$aver

e$aver Account
  • Earn up to
    0.50% p.a. interest

    on eligible deposit balance of S$1 million

  • No
    Lock-in period

    Enjoy the flexibility to access your funds at anytime

  • Apply now for
    Instant^ Account Opening

    using MyInfo.

Additional Benefits of e$aver Savings Account

PayNow

Send and receive money with a mobile number or NRIC. Register for PayNow today. Click here to learn more.

soCash

Get cash at over 1000 merchants with our mobile banking app. Click here to learn more.

SC Remit

$0 Transfer charges and 0% FX fees via online remittances. Click here to find out more.

Online Trading

Get access to 15 stock exchanges around the world and trade with greater convenience through us. Click here to learn more

e$aver Bonus Interest (1 February 2022 to 31 March 2022) Promotion

From now till 31 March 2022, earn up to 0.50% p.a. interest on eligible deposit balance of S$1 million with no lock-in period when you bring in incremental fresh funds* (compared to January 2022’s average daily balance)

Prevailing Interest Rate on Deposit
Balance
Bonus Interest Rate on eligible Incremental Balance
Total Interest Rate on eligible Incremental Balance
0.05% p.a. 0.45% p.a. 0.50% p.a.
* “Fresh funds” means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period.
Person, Human, Text
STANDARD CHARTERED PRIORITY BANKING

Start a Priority Banking relationship with us and receive up to S$9,000 cash reward.

Key Charges
SERVICE
AMOUNT (SGD)
Minimum initial deposit
S$0
Minimum average daily balance
S$1,000
Fall-below fee (per month)
S$5^
Early account closure fee (within 6 months)
S$0
Counter transaction
S$5 per cash withdrawal
^ These new and/or increased fees and charges are applicable to Personal Banking customers, effective from 28 August 2015. Click here for more information.

ELIGIBILITY

  • Nationality: Singapore citizen / Singapore permanent resident / foreigner
  • Age requirement: Minimum 18 years old

DOCUMENTS REQUIRED

  • Mandatory supporting documents for Singapore citizens and permanent residents:
    • NRIC (front and back)
  • Mandatory supporting documents for foreigners:
    • Passport
    • Employment Pass
    • Any of the following documents:
      • Utility bill within the last 3 months
      • Bank statement within the last 3 months
      • Letter from the human resource department of current employer stating address
      • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
      • Telecommunications bill within the last 3 months
      • Tenancy agreement

e$aver is an online savings account that earns higher interest rate with flexibility of accessing your funds anytime.

You are eligible to open an e$aver account if you are 18 years old and above. For joint account applicants, both parties must be 18 years old and above.

For details, please click here.

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.