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Important Information

Revision of USD$aver Account Interest Rates

Please be informed that with effect from 1 May 2020 (“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$50,000 0.05%
Next US$150,000 1.00%
Next US$300,000 1.50%
Any incremental balance above US$500,000 2.25%

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

NEW INTEREST RATE (P.A.)

EFFECTIVE 1 May 2020 (INCLUSIVE)

First US$50,000 0.05%
Next US$150,000 0.75%
Next US$300,000 1.00%
Any incremental balance above US$500,000 1.50%

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.