| Starts | 1 Jun 2024 (Sat) | Ends | 31 Jul 2024 (Wed) |
|---|---|---|---|
| Location | Standard Chartered |
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Standard Chartered Bank Singapore is promising an unprecedented 3.55% p.a. interest rate on fresh funds deposited until the 31st of July, 2024.
The ‘e$aver Savings Account Bonus Interest Promotion’, which runs from 1 June to 31 July 2024, allows account holders to earn up to 3.55% p.a. on eligible deposit balances of up to S$2 million. This offer is particularly attractive as it comes with no lock-in period, providing both high returns and flexibility to customers.
Rates have increased by 0.1% as compared to the previous round.
Fresh funds, as defined by the bank, refer to money that is not transferred from any existing Standard Chartered account nor withdrawn and redeposited within a 30-day window of the Promotion Period. This ensures that the additional interest is earned on genuinely new deposits brought into the bank.
Here are the details of the promotion:
| Prevailing Interest Rate on Deposit Balance | Bonus Interest Rate on Eligible Incremental Balance | Total Interest Rate on Eligible Incremental Balance |
|---|---|---|
| 0.05% p.a. | 3.50% p.a. | 3.55% p.a. |
The offer is open to:
- Singapore citizens
- Singapore permanent residents
- Foreign nationals residing in Singapore
Prospective applicants must be at least 18 years of age to be eligible for this promotion.
For more detailed information and to take advantage of this limited-time offer, interested individuals are encouraged to visit the official Standard Chartered website. Additionally, those looking to compare deposit rates can find a comprehensive list of the best available options here.
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