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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

Enjoy our highest interest rate of up to 3.88% p.a.

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Enjoy our highest interest rate of up to 3.88% p.a.

Go higher with Bonus$aver

Enjoy our highest interest rate of up to 3.88% p.a. on your first S$100,000 eligible deposit balances. Let Bonus$aver take care of your banking needs and enjoy higher monthly interest on your deposits.

Promotion

From now till 30 September 2019, get rewarded when you apply for a Bonus$aver account and Bonus$aver credit card online or at any of our branches. Bonus$aver Sign-up Cashback Promotion Terms and Conditions apply.


Private

Receive S$160 Cashback when you bring in minimum fresh funds of S$50,000

Maximising your savings is easy with Bonus$aver

Earn up to 3.88% p.a. interest on your first S$100,000 deposit. Simply consolidate your card spends, salary credit, bill payments and wealth needs in a single Bonus$aver account to step up your interest rates.

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Key Charges

Service
Charges
Fall-below fee
(per month)
S$5
Note: Fall-below fee of S$5 per month is chargeable if the minimum average daily balance falls below
S$3,000 in any particular month.
Monthly service charge $0
Credit card annual fee S$214 including GST (Free for first 2 years)
Debit card annual fee S$20 including GST
Cheque book charges 1st cheque book: Free
Subsequent cheque book(s): $15 each
Early Account Closure (within 6 months) S$30

These new and/or increased fees and charges are applicable to Personal Banking customers, effective from 28 August 2015. Click here for more information

Eligibility & Documents

Eligibility

  • Nationality: Singapore citizen / Singapore permanent resident / foreigner
  • Age requirement:
    • For clients applying for Bonus$aver account and Bonus$aver Debit Card: Minimum 18 years old
    • For clients applying for Bonus$aver account and Bonus$aver Credit Card: 21 to 65 years old
  • Employment Pass Holders:
    • Foreigners must be holders of P1, P2 or Q type Singapore Employment Passes.
    • Q Pass holders must have a minimum of one year validity remaining on their passes

Documents Required

  • Mandatory supporting documents for Singapore Citizens and Permanent Residents:
    • NRIC (front and back)
    • Income documents:
      • Salaried employee: current or previous month’s computerised payslip from current employer (handwritten copies are not acceptable)
      • Commission earner: computerised payslips for the last 3 months from the same current employer (handwritten copies are not acceptable); OR latest Income Tax Notice of Assessment (if this document is faxed, please fax from the bottom end first) OR
      • CPF Contribution History Statements for the last 6 months from current employer
    • For self-employed:
      • Income Tax Notice of Assessment for the last 2 years
  • Mandatory supporting documents for foreigners:
    • Passport
    • Employment Pass
    • Any of the following documents:
      • Last 3 months’ utility bill
      • Last 3 months’ bank statement
      • Letter from the human resource department of current employer stating address
      • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
      • Telecommunications bill
      • Tenancy agreement
    • Income documents:
      • Salaried employee: current or previous month’s computerised payslip from current employer (handwritten copies are not acceptable); OR latest Income Tax Notice of Assessment (if this document is faxed, please fax from the bottom end first)

FAQ

Terms & conditions

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.