Standard Chartered S’pore 6-Month SGD Time Deposit Offers Up To 1.60% p.a. from 4 Aug 2026

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Standard Chartered Bank (Singapore) Limited has refreshed its Fresh Funds Singapore Dollar Time Deposit promotion from 4 Aug 2026, with a six-month fixed-deposit rate of up to 1.60% p.a. 💰

For cash that can remain untouched for half a year, this promotion offers a predictable return without exposure to market movements. Start by transferring eligible Fresh Funds into an existing Standard Chartered savings or current account, then place the time deposit through SC Mobile or Online Banking.

Deal highlights at a glance

• Bank: Standard Chartered Bank (Singapore) Limited
• Product: Fresh Funds Singapore Dollar Time Deposit
• Promotion start: 4 Aug 2026
• Promotional tenor: 6 months
• Minimum placement: S$25,000 in eligible Fresh Funds
• Customer segments: Personal Banking, Priority Banking and Priority Private
• Placement channels: SC Mobile and Online Banking 📱💻
• Highest promotional rate: 1.60% p.a. for Priority Private

The wider Singapore Dollar Time Deposit product offers tenors from 1 to 24 months, but the promotional table shown for this Fresh Funds campaign covers the six-month option.

Standard Chartered Fresh Funds time deposit rates

Rates vary by banking segment. Check the segment shown at login and confirm the final promotional rate before submitting the placement.

The phrase “up to 1.60% p.a.” refers to the highest rate available under the Priority Private segment. Personal Banking and Priority Banking placements receive the corresponding lower rates shown in the table.

What counts as Fresh Funds? 🤔

Fresh Funds generally refer to money that does not originate from an existing Standard Chartered account. Funds withdrawn and re-deposited within the previous 30 days may also fail to qualify.

Use an external transfer, such as FAST from another Singapore bank, and keep a clear record of the incoming transaction. Where recent withdrawals, internal transfers or several fund movements are involved, confirm eligibility before opening the time deposit to avoid missing the promotional rate ⚠️.

Scam alert: be cautious with fixed-deposit messages 🚨

Standard Chartered highlights a targeted SMS phishing scam involving messages sent from a +65 number and offering promotional fixed-deposit rates. Never disclose personal particulars, passwords, one-time passwords or banking credentials in response to unsolicited messages.

For questions, contact Standard Chartered at +65 6747 7000. Use official banking channels rather than links received through unexpected SMS messages.

Points to check before locking in funds

• Keep sufficient cash accessible: Place only funds that are unlikely to be needed during the six-month tenor.
• Early withdrawal can reduce returns: Premature uplift may lead to reduced interest or forfeiture of promotional or preferential interest, subject to the applicable terms.
• Maintain the relevant banking status: Preferential Priority Banking or Priority Private rates may depend on retaining the relevant status for the required period and up to maturity.
• Watch the maturity instruction: A renewed deposit may roll over at Standard Chartered’s prevailing Singapore Dollar Time Deposit board rate rather than the promotional rate.
• Confirm the displayed rate: Segment-based rates differ, so review the rate shown immediately before submission.
• Understand deposit insurance: 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.
• Compare alternatives: Review six-, nine- and 12-month fixed-deposit options before deciding whether this tenor matches upcoming cash needs.

How to place the time deposit online 📱💻

Transfer eligible Fresh Funds into an existing Standard Chartered savings or current account before starting the application. Review the placement amount, tenor, maturity date and promotional rate at the confirmation screen.

Via SC Mobile

1. Log in to SC Mobile.
2. Tap Discover at the bottom navigation bar.
3. Select Deposits > Time Deposit.
4. Choose Singapore Dollar Time Deposit.
5. Follow the on-screen instructions, review the details and submit the placement ✅.

No deposit account yet? Complete the online account-opening flow first, then select a savings or current account that suits the intended use.

Via Online Banking

1. Log in to Online Banking and select Apply.
2. Complete the required authentication 🔐.
3. Select the preferred Time Deposit account.
4. Enter the placement amount and required details.
5. Review the promotional rate and submit ✅.

After completion, check Account Summary for placement and maturity details, and retain the confirmation for records.

Note: Menu labels and screen flows may vary slightly with app versions, website updates and account profiles.

For a straightforward SGD placement, this promotion combines a six-month commitment with clearly tiered rates and a S$25,000 minimum. Confirm Fresh Funds eligibility, verify the final rate at the point of placement and keep enough liquidity outside the deposit. ✅

• Visit the official campaign page for campaign information and the application entry point. Read the terms and conditions (PDF) for eligibility rules, interest computation and early-withdrawal treatment. 📄
• For a broader market check, compare this offer with the Singapore deposit rate comparison guide.
• For a more liquid alternative, the Standard Chartered e$aver promotion running from 1 Aug to 30 Sep 2026 offers up to 1.60% p.a. on eligible incremental balances without a fixed-deposit tenor. Its qualifying-balance and interest mechanics differ, so compare the conditions rather than the headline rate alone.
• Another current fixed-deposit reference is the RHB Singapore promotion from 1 Aug 2026, with a headline rate of up to 1.75% p.a. Minimum placement, tenor and eligibility conditions differ.

Standard Chartered Bank (Singapore) Limited may amend, suspend or withdraw the promotion at its discretion.

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