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Revision of prevailing interest rates for USD$aver


Please be informed that with effect from 18th December 2019 ("Effective Date"), the prevailing interest rates for the USD$aver account will be revised.

 

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

PREVAILING INTEREST RATE(P.A.)
First US$50,0000.05%
Next US$150,0002.00%
Next US$300,0002.50%
Any incremental balance above US$500,0003.00%

The revised interest rates with effect from the Effective Date (inclusive) are as follows:

NEW INTEREST RATE(P.A.)

EFFECTIVE 18TH DECEMBER 2019(INCLUSIVE)

First US$50,0000.05%
Next US$150,0001.00%
Next US$300,0002.00%
Any incremental balance above US$500,0002.50%

We will also be amending Clause 42.1 of our USD$aver Account Product Terms ("Terms") to reflect the above changes.
 

The changes to the Terms will take effect from the Effective Date (inclusive). The Terms may be found here.