Standard Chartered S’pore 9-Month SGD Deposit up to 1.2% p.a. from 9 Mar 2026

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Standard Chartered Bank (Singapore) Limited has refreshed their Fresh Funds SGD Time Deposit offer on its official page from 9 Mar 2026, with a 9-month tenor and rates of up to 1.20% p.a. for eligible customers.

This round is lower by 0.1% when compared with the 1 Mar update. Consider this if spare cash is sitting on the sidelines and a fixed 9-month parking period suits near-term plans. The structure stays simple: place funds once, leave them till maturity, and receive interest based on the confirmed promotional rate shown during placement.

Quick takeaways 💡

• Minimum placement: S$25,000 in Fresh Funds (SGD)
• Tenor: 9 months
• Eligible segments: Personal Banking, Priority Banking, and Priority Private
• Placement channels: SC Mobile and Online Banking 📱💻
• Best available rate in the provided table: 1.20% p.a. for Priority Private

Promotional rates for Fresh Funds in SGD

The qualifying placement starts from S$25,000 for a 9-month SGD Time Deposit. The phrase “up to” refers to the highest segment-based tier in the table below.

What counts as Fresh Funds? 🤔

For this campaign, Fresh Funds are funds that do not originate from any existing Standard Chartered account and are not funds withdrawn and re-deposited within the last 30 days before opening the Time Deposit.

In practical terms, qualifying funds generally come in from outside Standard Chartered, such as transfers from another local bank. Where recent withdrawals, internal transfers, or multiple fund movements are involved, careful checking matters, as promotional treatment may otherwise be lost ⚠️.

Important points before locking funds ⚠

• Hold till maturity: The advertised promotional return generally assumes the deposit stays untouched for the full 9 months ⏳
• Early withdrawal risk: Premature uplift can mean reduced interest or even no interest, depending on the bank’s policy and T&Cs ⚠️
• Segment-based pricing: The final rate depends on the applicable banking segment. Preferential rates for Priority Banking and Priority Private Banking customers are subject to eligibility and maintaining the relevant status through the required period, so the on-screen confirmation rate should always be checked before submission.
• Cashflow fit: A time deposit works best when the funds are unlikely to be needed during the lock-in period

How to place digitally 📱💻

Once Fresh Funds have been credited into an eligible Standard Chartered deposit account, placement can be completed through digital channels. Before final submission, check the tenor, amount, and the promotional rate displayed on screen.

Via SC Mobile

1. Log in to SC Mobile.
2. Tap Discover.
3. Select Deposits > Time Deposit.
4. Choose Singapore Dollar Time Deposit.
5. Follow the in-app steps and submit the placement ✅

Via Online Banking

1. Log in and choose Apply.
2. Complete the required authentication 🔐
3. Select the preferred Time Deposit account.
4. Enter the placement details and submit ✅

Note: Menu names and screen flows may differ slightly across app versions, web updates, and account profiles.

Useful checklist before proceeding 🧾

• Confirm Fresh Funds eligibility, especially where recent withdrawals or re-deposits are involved
• Confirm the banking segment and rate shown at the point of placement
• Match the 9-month tenor to upcoming cash needs to avoid early-withdrawal pain
• Keep the placement confirmation and maturity details for record-keeping
• Compare this offer against other local bank fixed deposit promos for the same tenor before committing

Where to verify official details 🔎

For the official campaign information and application entry point, visit the official campaign page. For full eligibility rules, interest computation details, and early withdrawal treatment, read the terms and conditions (PDF) 📄.

For broader benchmarking across local banks, refer to this Singapore deposit rate comparison guide to gauge how competitive this 9-month offer looks against the wider market.

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

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