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Save deposit interest rates masthead

Standard Chartered offers a wide range of cash management and deposit products that give you added value and benefits

Deposit Interest Rates

Savings Account

Basic Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All balances 0.25

Interest is calculated daily and paid 6-monthly. Effective date: 25/05/2009

*Protected by PIDM up to RM 250,000 for each depositor

Master Savings Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 25,000 0.00
> 25,000 – 150,000 0.10
> 150,000 – 300,000 0.20
> 300,000 – 800,000 0.30
Above 800,000 0.70

Interest is calculated daily and paid monthly. Effective date: 01/08/2009

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

e$aver Account2
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 0.10
> 50,000 – 100,000 0.50
> 100,000 – 200,000 0.70
> 200,000 – 1,000,000 1.50
Above 1,000,000 1.70

Interest is calculated daily and paid monthly. Effective date: 15/03/2013

2Excluding e$aver Decile 1 accounts

*Protected by PIDM up to RM 250,000 for each depositor

e$aver Decile 1 Account
Balance Tier (RM)
Interest Rate (% p.a.)
All balances 1

Effective Date: 15/08/2016

*Protected by PIDM up to RM 250,000 for each depositor

e$aver PLUS Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 0.20
> 50,000 – 200,000 1.70
> 200,000 – 1,000,000 2.40
Above 1,000,000 2.70

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

Young Savers Account
Balance Tier (RM)
Interest Rate (%)p.a.
Up to 50,000 2.70
Above 50,000 0.25

Interest is calculated daily and paid 6-monthly. Effective Date: 15/05/2019

*Protected by PIDM up to RM 250,000 for each depositor

SeniorSave Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 20,000 0.50
Above 20,000 1.50

Interest is calculated daily and paid 6-monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

Privilege Savings Account (Priority Banking)
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50

Interest is calculated daily and paid monthly. Effective date: 1/10/2018

*Protected by PIDM up to RM 250,000 for each depositor

Privilege Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50%

Interest is calculated daily and paid monthly. Effective date: 01/07/2018

*Protected by PIDM up to RM 250,000 for each depositor

Master Savings PLUS Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 500,000 0.50
> 500,000 – 1,000,000 1.20
Above 1,000,000 1.50

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

JustOne Personal Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.25

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

*Protected by PIDM up to RM 250,000 for each depositor

JustOne Preferred Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

*Protected by PIDM up to RM 250,000 for each depositor

JustOne Priority Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 1.00

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

*Protected by PIDM up to RM 250,000 for each depositor

e$aver PLUS Account (Campaign in Nov 2008)1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 100,000 0.50
> 100,000 – 200,000 0.50
> 200,000 – 1,000,000 1.50
> 1,000,000 – 5,000,000 1.50
Above 5,000,000 1.70

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

e$aver PLUS Account (Campaign in Apr 2009)1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 500,000 1.50
> 500,000 – 2,000,000 1.50
Above 2,000,000 1.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

PowerPay Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 1.00
Above 50,000 2.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

MyDream Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 5,000 0.30
> 5,000 – 20,000 0.30
> 20,000 – 100,000 0.30
> 100,000 – 200,000 0.70
Above 200,000 1.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

Current Account

M2 Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 25,000 0.00
> 25,000 – 150,000 0.10
> 150,000 – 300,000 0.20
> 300,000 – 800,000 0.30
Above 800,000 0.80

Interest is calculated daily and paid monthly. Effective date: 01/08/2009

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

Preferred M2 Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 150,000 0.10
> 150,000 – 300,000 0.20
> 300,000 – 800,000 0.30
Above 800,000 0.80

Interest is calculated daily and paid monthly. Effective date: 02/01/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

SuperSalary Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 1,000 0.00
> 1,000 – 100,000 0.50
Above 100,000 1.00

Interest is calculated daily and paid monthly. Effective date: 15/03/2013

1Product not available for account opening effective 2 January 2013

*Protected by PIDM up to RM 250,000 for each depositor

Fixed Deposit

 

Tenure
Interest Rate (%)p.a.
1 month 2.70% p.a. 
2 months 2.70% p.a. 
3 months 2.80% p.a. 
4 months 2.80% p.a. 
5 months 2.80% p.a. 
6 months 2.85% p.a. 
7 months 2.85% p.a. 
8 months 2.85% p.a. 
9 months 2.90% p.a. 
10 months 2.90% p.a. 
11 months 2.90% p.a. 
12 months 3.00% p.a. 
>12mths 3.00% p.a.

Interest is calculated on a contractual basis and paid upon maturity (for tenures of 1-12 months) or on a half yearly basis (for tenures of more than 12 months). Effective Date: 15/11/2019

*Protected by PIDM up to RM 250,000 for each depositor

Foreign Exchange Rates

Standard Chartered Bank Malaysia Berhad

These are indicative rates and should not be construed to be applicable for any specific transaction.

Published rate as at 15/11/19  9:04:32 AM

The bank reserves the absolute right and discretion to change the rates below.

UNIT
CURRENCY
SELLING TT/OD
BUYINGTT
BUYINGCP
SWIFT CODE
1 U.S. DOLLARS 4.2146 4.0759 4.0736 USD
1 STERLING POUNDS 5.4483 5.2354 5.2061 GBP
1 AUSTRALIAN DOLLARS 2.8942 2.7423 2.7253 AUD
1 CANADIAN DOLLARS 3.1921 3.0688 3.0531 CAD
1 NEW ZEALAND DOLLARS 2.7109 2.5793 2.5635 NZD
100 CHINESE RENMINBI 60.4007 57.6527 0 CNY
1 EURO 4.6991 4.4397 4.4085 EUR
100 BANGLADESH TAKA 5.0711 4.7193 4.6818 BDT
100 BRUNEI DOLLARS 311.2601 297.8719 296.6363 BND
100 DANISH KRONERS 62.6517 59.734 59.3755 DKK
100 SOUTH AFRICAN RANDS 28.9706 27.0493 26.8075 ZAR
100 HONGKONG DOLLARS 54.3188 51.5488 51.0819 HKD
100 INDIAN RUPEES 6.0219 5.5086 5.2442 INR
100 INDONESIAN RUPIAH 0.0307 0.0282 0.0279 IDR
100 JAPANESE YEN 3.9243 3.7207 3.7045 JPY
100 NORWEGIAN KRONERS 46.5159 43.9856 43.6985 NOK
100 FILIPINO PESO 8.4739 7.9043 7.8271 PHP
100 PAKISTAN RUPEES 2.7646 2.5796 2.5591 PKR
100 SAUDI ARABIAN RIYALS 114.1059 107.0847 106.1276 SAR
100 SINGAPORE DOLLARS 310.6049 298.9934 297.7533 SGD
100 SRI LANKA RUPEES 2.3731 2.2268 2.119 LKR
100 SWEDISH KRONERS 43.993 41.691 41.4027 SEK
100 SWISS FRANCS 430.3403 408.5772 406.4949 CHF
100 THAI BAHTS 14.3682 13.1363 13.0449 THB
100 U.A.E. DIRHAMS 0 0 0 AED

Base Rate = 3.52%

What is the base rate (BR)?

The BR we offer on this product is made up of two parts, our benchmark cost of funds (COF) and the Statutory Reserve Requirement (SRR) cost imposed by Bank Negara Malaysia. Our benchmark COF is the marginal cost of raising funds for the mortgage loans.

What are possible scenarios to trigger a change in the BR?

Our BR can rise or fall due to changes in the benchmark COF and changes in the SRR.

Changes in the benchmark COF could occur due to changes in the Overnight Policy Rate (OPR) as decided by the Monetary Policy Committee (MPC) of Bank Negara Malaysia. In addition, as the benchmark COF is the marginal cost of raising funds, it will change in line with fluctuation in the market funding condition.

SRR cost will change in line with changes in the SRR rate as decided by MPC of Bank Negara Malaysia.

Historical benchmark COF and BR in the last 3 years.

Effective date: 14 May 2019
Applicable for all new individual loan applications
Before 14 May 2019
From 14 May 2019
Reference Rate BR = 3.77% BR = 3.52%
Interest Rate BR + 1.00% BR + 1.00%
Effective Lending Rate 4.77% 4.52%
Monthly instalment (RM) 1,829.99 1,777.56
FOR ILLUSTRATION PURPOSE:
Loan Amount: RM350,000 (No Lock-In Period)
Loan Tenure: 30 years

Note: Effective Lending Rate may vary if BR or BLR changes.

Base Lending Rate = 6.70% p.a.

Effective date: 14 May 2019

Not applicable for new individual loan/financing applications from 2 January 2015 onwards

Effective date: 14 May 2019

Not applicable for new individual loan/financing applications from 2 January 2015 onwards

Wealth Financing: Foreign Currency Cost of Funds

Published rate as at 14/11/2019. The bank reserves the absolute right and discretion to change the rates below.

 

CURRENCY
BASE RATE (% P.A.)
USD 1.850
EUR 0.125
GBP 0.891
NZD 0.814
SGD 1.988
AUD 0.862
HKD 2.475
JPY 0.125

Foreign Currency Account

Foreign Currency Deposit Account ( FCA) interest rates are dependent on market rates and could fluctuate from day to day. Please check with your nearest branch or contact your Relationship Manager (RM) for the latest FCA interest rate.

Calculation of the interest rate on FCA account is as follows: (Available Balance x Interest Rate)/365

Foreign Currency Account

KLIBOR rate = 3.38%

Effective date: 1 October 2019 – 31 December 2019

Not applicable for new individual loan / financing applications from 2 January 2015 onwards.

KLIBOR rate = 3.38%

Terms and Conditions

Member PIDM

* Protected by PIDM up to RM 250,000 for each depositor


* Click here for PIDM’s DIS Brochure