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| Starts | 1 Aug 2024 (Thu) | Ends | 5 Aug 2024 (Mon) |
|---|---|---|---|
| Location | Standard Chartered |
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Standard Chartered Bank (Singapore) Limited has a promotional interest rate offer ranging from 2.90% to 3.10% per annum for 6-month Singapore Dollar (SGD) Time Deposits
UPDATE 2 Sep: Standard Chartered Singapore Offers 3% – 3.20% p.a. for 3-Month Time Deposits till 30 Sep 2024
UPDATE: This offer is no longer available
This offer aims to provide Singaporeans and Permanent Residents with a secure and lucrative savings opportunity.
Rates and Key Details
The promotional rates apply to a minimum deposit of S$25,000 in fresh funds, which are defined as funds not previously held in any Standard Chartered account or re-deposited within the last 30 days. The offer is valid for deposits placed from now until the end of August 2024.
To benefit from these rates, customers are encouraged to transfer their funds into a Standard Chartered deposit account and establish their Time Deposit via the bank’s user-friendly online banking platform. This streamlined process ensures convenience and security for all customers.
These rates for August 2024 are consistent with those offered in July 2024, continuing to provide a stable and attractive option for investors looking for secure returns in the current financial climate.
Rates as of 1 Aug 2024
| Tenor | Minimum Placement Amount (Fresh Funds in SGD) | Promotional Interest Rate |
|---|---|---|
| 6 months | S$25,000 | Personal Banking: 2.90% p.a. Priority Banking: 3.00% p.a. Priority Private: 3.10% p.a. |
These promotional rates are contingent on the deposit being maintained for the full six-month period. Early withdrawals may result in reduced interest earnings and are subject to the bank’s standard terms and conditions.
For detailed information on the terms and conditions of this offer, interested parties are encouraged to review the Standard Chartered Singapore Dollar Time Deposit August 2024 Fresh Funds Promotion Terms and Conditions.
Prospective customers and existing account holders interested in taking advantage of this limited-time offer can learn more about the application process here.
For those exploring broader investment options, a comprehensive comparison of fixed deposit rates in Singapore is available here.
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