Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving sc.com/sg and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/sg


Proceed
News and medias masthead

 

Important Information

Revision of MyWay Savings Account Interest Rates

Please be informed that with effect from 1 June 2020 (inclusive of this date, “Effective Date”), the prevailing interest rates for the MyWay Savings Account will be revised.

The revised interest rates are as follows:

Account Balance In Your MyWay Savings Account New Prevailing Interest Rates Effective 1 June 2020 (inclusive)
First S$50,000 0.15% p.a.
Next S$950,000 0.60% p.a.
Next S$4,000,000 1.00% p.a.
Balances above S$5,000,000 0.15% p.a.

For your ease of reference, the current prevailing interest rates are as follows:

Account Balance In Your MyWay Savings Account Prevailing Interest Rate
First S$50,000 0.18% p.a.
Next S$950,000 1.08% p.a.
Next S$4,000,000 1.28% p.a.
Balances above S$5,000,000 0.18% p.a.

We will also be amending Clause 23.1 of our MyWay Savings Account Product Terms (“Terms”) to reflect the above changes.

The changes to the Terms will take effect from the Effective Date.