Disclaimer

You are now leaving the Standard Chartered Bank (Singapore) Limited (“SCBSL”) website to access a third party website ("Third Party Website").

SCBSL shall not be liable for the handling of any information you may provide on the Third Party Website, or for any loss incurred in connection with your access to or use of the Third Party Website. SCBSL makes no warranties, representations or undertakings about the Third Party Website.

Proceed
News and medias masthead

 

Important Information

Important Changes to Bonus$aver Account

We are excited to introduce some changes to our award-winning Bonus$aver Account (“Bonus$aver”) to make it more relevant for you.

With effect from 1 April 2020 (inclusive), Bonus$aver will undergo some revisions in interest rates to help you invest better for the future. Plus, we are also excited to share that Bonus$aver will have a brand-new multicurrency feature that will give you more mileage for your savings coming to you soon.

Interest Rates Revision 

Your Bonus$aver will continue to earn our highest bonus interest rate of up to 3.88%p.a. on eligible deposit balances of up to S$100,000.

Here’s a glance at what’s changing from 1 April 2020:

Card Spend

(inclusive of prevailing interest rate)

Salary

Credit

Bill Payments Invest / Insure Total Interest on your first S$100,000 Eligible Deposit Balance
Current

Bonus Interest Rate

Up to 1.88% p.a.

(minimum spend of S$2,000 monthly)

 

Up to 0.88% p.a.

(minimum spend of S$500 monthly)

1% p.a. 0.25% p.a. 0.75% p.a. 3.88% p.a.
 

Bonus Interest Rate on your first S$100,000 eligible deposit balance
from 1 April 2020

 

Up to 1.50% p.a.

(minimum spend of S$2,000 monthly)

 

Up to 0.5% p.a.

(minimum spend of S$500 monthly)

1% p.a. 0.1% p.a. 1.28% p.a.

Also, the prevailing interest rate for Bonus$aver will be changed from 0.1% p.a. to 0.05% p.a.

 If you wish to obtain a copy of the new Bonus$aver Product Terms, go to www.sc.com/sg/bonussaver-tnc  from 1 April 2020. 

New Multi-Currency Feature – Coming Soon! 

Stay tuned for our new multi-currency feature* which will allow you to access balances in up to 13 different foreign currencies and SGD in a single Bonus$aver account! This brand new feature will suit you if you shop online, spend overseas or invest in foreign currencies.

Note:

* The new multi-currency feature will not be applicable for joint accounts. Terms and conditions apply.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.