Disclaimer

You will now be redirected and will be leaving sc.com/sg.  

 

Proceed
Sg esaver marathon desktop banner xpx
  1. Staff
  2. Staff Benefits – e$aver Savings Account

e$aver Savings Account

Earn up to

2.85% p.a. interest

on eligible deposit balance upto S$2 million

With

No Lock-in period

Enjoy the flexibility to access your funds at anytime

Apply Now For

Instant^ Account Opening

using MyInfo.

e$aver Savings Account Bonus Interest Promotion (1 December 2024 to 31 January 2025)

From now till 31 January 2025, earn up to 2.85% p.a. interest on eligible deposit Balance of up to S$2 million with no lock-in period when you bring in incremental fresh funds* (compared to November 2024 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. 2.80% p.a. 2.85% 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* “Fresh funds” means funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period.

Grow your money with an e$aver Savings Account

No lock in period

Earn high interest rates on your savings without any lock-in.

Easy and quick withdrawal

Access your e$aver savings account anytime via SC Mobile or Online Banking.

Transfer funds overseas at $0 charges

Send money at $0 transfer charges with SC Remit.
Click here to find out more.

Sg esaver marathon mobile banner xpx

Elevate your savings with the Standard Chartered Marathon $aver (December 2024) Promotion

Limited time only, enjoy step up bonus interest of up to 3.05% on your e$aver account. Registered by 31 December 2024.

Staff Banking Privileges

EXCLUSIVELY FOR STAFF

  • No minimum average daily balance requirement
  • No fall-below fee
  • No counter transaction fee

FOR RETAIL CLIENTS

  • Minimum average daily balance $1,000
  • Fall-below fee per month $5
  • $5 per cash withdrawal

Eligibility & Documents

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 savings account as a primary account holder if you are 18 years old and above.  For joint account applications, the joint account holder age 12-18 years old are allowed.

If you are a new customer:

Step 1: Select ‘Apply now’

Step 2: Pre-fill your application via SingPass (MyInfo)

Step 3: Verify your details and submit your application

Step 4: Your account will be opened instantly

If you are an existing customer and have access to online banking:

Step 1: Log in to Online Banking or SC Mobile

Step 2: Select Apply / Apply for Product and search for ‘e$aver savings account’

Step 3: Select ‘Apply now’

Step 4: Verify your details and submit your application

Step 5: Your account will be opened instantly

The minimum average daily balance required for the Standard Chartered e$aver savings account is S$1,000.

The key benefits of e$aver include:

  • Attractive interest rates with no lock-in period
  • Flexibility of accessing funds anytime, and no penalty for withdrawal

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.

Spoke, Machine, Wheel

Signature CIO Funds

Hospital, Building, Architecture

Get S$288 cashback when you spend S$388 on your Simply Cash Credit Card.