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| Starts | 1 Jul 2024 (Mon) | Ends | 31 Jul 2024 (Wed) |
|---|---|---|---|
| Location | Standard Chartered |
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Standard Chartered Bank (Singapore) Limited offers promotional interest rate of 2.90% per annum for 6-month Singapore Dollar Time Deposits
UPDATE 1 Aug: Standard Chartered SG offers 2.90% – 3.10% p.a. rates for 6-mth Time Deposits this August 2024
This lucrative offer is available until the end of July and mandates a minimum placement of S$25,000 in fresh funds.
To take advantage of this attractive rate, customers can transfer the required funds into their Standard Chartered deposit accounts and set up their time deposits via the bank’s convenient online banking platform.
Priority Private clients are encouraged to contact their Relationship Managers to arrange the placement of their SGD Time Deposits at potentially higher preferential rates.
While the rates for July remain consistent with those offered in June 2024, they present an excellent opportunity for investors seeking stable returns.
Detailed rates for different client categories are provided below:
| Tenure | Promotional Rate | Priority Banking Preferential Rate | Priority Private Banking Preferential Rate |
|---|---|---|---|
| 6 months | 2.90% p.a. | 3.00% p.a. | 3.10% p.a. |
‘Fresh funds’ are defined as money not sourced from existing Standard Chartered Bank (Singapore) accounts and not redeposited within the last 30 days prior to the Time Deposit opening.
The promotional interest rates apply only if the Time Deposit is held to maturity. Full terms and conditions for the Standard Chartered Singapore Dollar Time Deposit July 2024 Fresh Funds Promotion can be found here.
For those keen on capitalising on this promotion, more details and the application process can be accessed here.
Additionally, individuals looking for a variety of fixed deposit options in Singapore can explore competitive rates here.
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