(EXPIRED) Standard Chartered S’pore 12-Month SGD Time Deposit Offers Up To 1.95% p.a. from 1 Oct 2026

We are now on Telegram. Click to join

Standard Chartered Bank (Singapore) Limited has refreshed its Fresh Funds Singapore Dollar Time Deposit rates from 1 Oct 2026, offering up to 1.95% p.a. for a 12-month placement. 💰

Update: Standard Chartered S’pore 12-Month Time Deposit Up To 1.9% p.a. from 9 Oct 2026

A minimum of S$25,000 in eligible Fresh Funds is required. The promotional rate varies by banking segment, with Personal Banking at 1.70% p.a., Priority Banking at 1.85% p.a. and Priority Private at 1.95% p.a.

For cash that can remain set aside for a year, the time deposit provides a fixed rate for the confirmed tenor without exposure to daily market movements. Transfer eligible Fresh Funds into an existing Standard Chartered savings or current account, then complete the placement through SC Mobile or Online Banking.

⚠️ Important before placing: S$25,000 is the minimum Fresh Funds placement for the Time Deposit; it does not by itself unlock the 1.95% p.a. headline rate. Priority Private clients receive 1.95% p.a., while Priority Banking clients receive 1.85% p.a. Priority Banking and Priority Private status must also be maintained through maturity for the respective preferential rate. Relationship qualification is separate from this Time Deposit promotion, so check the current Priority Banking and Priority Private requirements where relevant.

Standard Chartered time deposit promotion at a glance

• Bank: Standard Chartered Bank (Singapore) Limited
• Product: Fresh Funds Singapore Dollar Time Deposit
• Current rates effective from: 1 Oct 2026
• Promotional tenor: 12 months
• Minimum placement: S$25,000 in eligible Fresh Funds
• Eligibility: New and existing individual customers, subject to the promotion requirements
• Banking segments: Personal Banking, Priority Banking and Priority Private
• Placement channels: SC Mobile and Online Banking 📱💻
• Highest promotional rate: 1.95% p.a. for Priority Private clients

Fresh Funds SGD time deposit rates

Check the banking segment and promotional rate displayed during placement before submitting the transaction. The rate shown at placement and on the confirmation advice is especially important because Standard Chartered may refresh eligible tenors and promotional rates during the promotion.

The illustrative interest figures show S$25,000 multiplied by the stated annual rate for a 12-month placement and are provided as a quick comparison. Actual interest is calculated according to Standard Chartered’s applicable account terms. The confirmed tenor and rate on the Time Deposit confirmation advice prevail if they differ from those shown on the website.

The headline “up to 1.95% p.a.” therefore refers to the Priority Private rate. Personal Banking and Priority Banking placements receive their respective rates shown above.

The historical Standard Chartered update from 28 Aug 2026 is useful context, but it is not a like-for-like rate comparison because that promotion used a six-month tenor while the current promotion uses 12 months.

The bigger practical change is therefore the tenor: funds now need to remain placed for 12 months rather than six months to earn the current promotional rate.

What counts as Fresh Funds? 🤔

Fresh Funds must not originate from an existing Standard Chartered account. Funds withdrawn from Standard Chartered and re-deposited within the 30 days before opening the Time Deposit also do not qualify as Fresh Funds.

Consider transferring qualifying money from another Singapore bank through services such as FAST and retaining the incoming transaction record. Where recent withdrawals, internal transfers or multiple fund movements are involved, confirm eligibility before opening the Time Deposit. ⚠️

Checks before locking away the cash

• Keep an emergency buffer available: Commit only funds unlikely to be needed during the 12-month tenor.
• Confirm Fresh Funds eligibility: Check that the placement money meets the bank’s Fresh Funds definition before proceeding.
• Check banking status: Priority Banking and Priority Private clients need to maintain the applicable status through maturity for the preferential rate.
• Review maturity instructions: If the Time Deposit is renewed at maturity, the renewal will use Standard Chartered’s prevailing Singapore Dollar Time Deposit board rate for the same tenor, which may differ from the promotional rate originally secured.
• Keep the confirmation advice: Review the confirmed tenor, interest rate and maturity information after placement. If the website rate and confirmation advice differ, the confirmation advice prevails for that placement.
• Compare other tenors: Standard Chartered’s broader Time Deposit product offers tenors from 1 to 24 months, although other tenors may carry different prevailing or promotional rates.

How to place the time deposit through SC Mobile 📱

Transfer eligible Fresh Funds into an existing Standard Chartered savings or current account before starting the placement, then review the amount, tenor, promotional rate and maturity details before submission.

1. Log in to SC Mobile.
2. Tap Discover on the bottom navigation bar.
3. Select Deposits > Time Deposit.
4. Choose Singapore Dollar Time Deposit.
5. Enter the placement details.
6. Review the promotional rate, tenor and maturity information.
7. Submit the placement after confirming the details. ✅

Note: Menu names, screen layouts and rates shown in illustrative screenshots may change as SC Mobile and Online Banking are updated. Follow the current interface and verify the promotional rate and placement details immediately before submission.

No suitable deposit account yet? Standard Chartered says a deposit account can be opened online first. Once it is set up, transfer the Fresh Funds to the existing savings or current account used for the placement before applying through SC Mobile or Online Banking.

How to place it through 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 requested information.
5. Check the promotional rate and other placement details.
6. Submit the application. ✅

After completion, check Account Summary for the placement and maturity information and retain the confirmation for reference.

With at least S$25,000 in eligible Fresh Funds, the current 12-month offer provides rates ranging from 1.70% p.a. to 1.95% p.a. depending on banking segment. Confirm Fresh Funds eligibility, check the rate displayed immediately before placement and retain enough accessible cash outside the Time Deposit for day-to-day or unexpected needs. ✅

• For a wider market check, review the Singapore deposit rate comparison guide and compare minimum placements, tenors and qualifying conditions.
• For Standard Chartered’s official product information, visit the official Singapore Dollar Time Deposit page and the online promotion terms and conditions (PDF).
• A useful same-bank liquidity comparison is Standard Chartered’s current e$aver Bonus Interest Promotion. It offers up to 1.80% p.a. on eligible incremental balances with no lock-in, while accounts without qualifying wealth holdings can receive up to 1.50% p.a.. Review the current Standard Chartered e$aver promotion for the separate qualifying conditions.

Standard Chartered Bank (Singapore) Limited may amend, suspend, withdraw or otherwise revise the promotion and its applicable rates or eligible tenor at its discretion.

Share this with your friends & loved ones on Facebook!