How much interest can I earn with an e$aver Savings Account?
What is your estimated deposit amount in fresh funds*?
Your estimated total monthly interest :
S$ @ 1.60 % p.a
e$aver Savings Account Bonus Interest Promotion (1 June 2026 to 31 July 2026)
From 1 June 2026 to 31 July 2026, earn up to 1.60% p.a. interest on eligible deposit balance of S$2 million with no lock-in period when you bring in incremental fresh funds* (compared to May 2026 average daily balance)
| PREVAILING INTEREST RATE ON DEPOSIT BALANCE | BONUS INTEREST RATE ON ELIGIBLE INCREMENTAL BALANCE | TOTAL INTEREST RATE ON ELIGIBLE INCREMENTAL BALANCE | |
|---|---|---|---|
| Qualifying account(s) where the primary account holder is a customer with wealth holding^ | 0.05% p.a. | 1.55% p.a. | 1.60% p.a. |
| Qualifying account(s) where the primary account holder is a customer without wealth holding^ | 0.05% p.a. | 1.15% p.a. | 1.20% p.a. |
* “Fresh funds” mean funds that do not originate from any existing account with the Bank or funds that are not withdrawn and re-deposited within 30 days of the Promotion Period.
^“Customers with wealth holdings” are defined as customers who hold either an Eligible Investment Product(s) or Eligible Insurance Product purchased through the bank at the end of each calendar month during the promotion period.
Grow your money with an e$aver Savings Account
Enjoy the flexibility with no lock-in period
Earn high interest rates on your savings without any lock-in.
Instant access to your funds, anytime
Access your e$aver savings account anytime via SC Mobile or Online Banking.
Transfer funds overseas at $0 charges
Send money at $0 transfer charges with SC Remit. Click here to learn more.
Key Charges
| SERVICE | AMOUNT (SGD) |
| Minimum initial deposit | S$0 |
| Minimum average daily balance | S$1,000 |
| Fall-below fee (per month) | S$5^ |
| Early account closure fee (within 6 months) | S$0 |
| Counter transaction | S$5 per cash withdrawal |
^ These new and/or increased fees and charges are applicable to Personal Banking customers, effective from 28 August 2015. Click here for more information.
^ These new and/or increased fees and charges are applicable to Personal Banking customers, effective from 28 August 2015. Click here for more information
- Eligibility & Documents
ELIGIBILITY
DOCUMENTS REQUIRED
- NRIC (front and back)
- Passport
- Employment Pass
- Any of the following documents:
- Utility bill within the last 3 months
- Bank statement within the last 3 months
- Letter from the human resource department of current employer stating address
- Government-issued documents stating address (e.g. IRAS, CPF, ICA)
- Telecommunications bill within the last 3 months
- Tenancy agreement
Generic
You are eligible to open an e$aver savings account as a primary account holder if you are 18 years old and above. For joint account applications, the joint account holder can be between the ages of 12-18 years old.
Average daily balance (ADB) is the sum of end-of-day account balances of all days in a particular calendar month, divided by the number of days in that month.
We will be crediting the bonus interest to your account latest by the 25th of the following month. For example, for the month of June 2026, bonus interest will be credited latest by 25 July 2026.
Customers with wealth holding are defined as customers who hold either an Eligible Investment Product or Insurance Product purchased through the bank. An “Eligible Investment Product” refers to (i) Unit Trust(s), (ii) Bonds, (iii) Structured Notes, or (iv) Equities, with exclusion of foreign currency exchange transactions; and investments using the Central Provident Fund Investment Scheme / Supplementary Retirement Scheme.
Your eligible Bonus Interest Rate is assessed based on your wealth holdings at the end of each calendar month during the promotion period.
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
