| Starts | 1 Aug 2024 (Thu) | Ends | 30 Sep 2024 (Mon) |
|---|---|---|---|
| Location | Standard Chartered |
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Standard Chartered Bank Singapore is unveiling an exceptional 3.35% p.a. interest rate for fresh funds deposited into their e$aver Savings Accounts, available until 30 September 2024.
This promotion represents a lucrative opportunity for customers looking to grow their savings with one of the highest rates currently offered in the market.
e$aver Savings Account Bonus Interest Promotion (1 August 2024 to 30 September 2024)
Until 30 September 2024, account holders can earn up to 3.35% p.a. interest on eligible deposit balances of up to S$2 million. This rate applies to incremental fresh funds compared to the average daily balance for July 2024, with no lock-in period required. It’s a chance for savers to make the most of their additional deposits without any commitment to fixed terms.
It is worth noting that the rate has decreased by 0.2% from the previous promotion.
According to Standard Chartered, ‘fresh funds’ are defined as deposits that are not transferred from existing accounts within the bank or withdrawn and redeposited within a 30-day period during the promotion. This ensures that the bonus interest is applied only to genuinely new money brought into the bank.
Details of the promotion are as follows:
| Prevailing Interest Rate on Deposit Balance | Bonus Interest Rate on Eligible Incremental Balance | Total Interest Rate on Eligible Incremental Balance |
|---|---|---|
| 0.05% p.a. | 3.30% p.a. | 3.35% p.a. |
This promotional offer is available to:
- Singapore citizens
- Singapore permanent residents
- Foreign nationals residing in Singapore
Applicants must be at least 18 years old to qualify for this promotion.
For more information and to seize this limited-time opportunity, interested parties are encouraged to visit the official Standard Chartered website. Additionally, those seeking to compare deposit rates can explore a comprehensive list of the best available options here.
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