Revision of Bonus$aver Account effective 1 June 2025
With effect from 1 June 2025 (inclusive), please note that there will be revisions made to Bonus$aver Account. The Bonus$aver Product Terms will also be updated accordingly:
Updates to Bonus$aver Account
The Terms will be updated to reflect changes in the bonus interest rates. Please refer to the table below for a summary of changes.
| Prevailing (Before 1 June 2025)
Bonus Interest Rate on your first S$100,000 eligible deposit balance | New (With effect from 1 June 2025)
Bonus Interest Rate on your first S$100,000 eligible deposit balance | |
| Card Spend | 1.00% p.a.
(minimum eligible spend of S$1,000 monthly)
| 1.50% p.a.
(minimum eligible spend of S$1,000 monthly)
|
| Salary Credit | 1.00% p.a.
(Regular inward credit through GIRO, PayNow or FAST) | 1.50% p.a.
(Regular inward credit through GIRO, PayNow or FAST) |
| Invest
(Bonus Interest paid for a consecutive period of 6 months) |
2.00% p.a.
Invest in eligible Unit Trust of at least S$20,000 |
2.50% p.a.
Invest in eligible Unit Trust or Online EquitiesNEW! of at least S$20,000
|
| Insure
(Bonus Interest paid for a consecutive period of 6 months) |
2.00% p.a.
Purchase an Eligible Insurance Policy with a minimal annual premium of S$12,000
|
2.50% p.a.
Purchase an Eligible Insurance Policy with a minimal annual premium of S$12,000
|
| Prevailing Interest Rate | 0.05% p.a. | 0.05% p.a. |
| Total Bonus Interest paid on your eligible deposit balance
(Inclusive of Prevailing Interest Rate) | 6.05% p.a. | 8.05% p.a. |
Please refer to Clause 4.4 in the updated Terms for the relevant changes. If you wish to obtain a copy of the new Terms, go to www.sc.com/sg/bonussaver-tnc from 1 June 2025.
Deposit Insurance Scheme
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.