Make the most of our time limited offers
Enjoy up to S$288 cashback when you sign up for a Bonus$aver Account and a Bonus$aver World Mastercard Credit Card!
a) S$188 cashback3 when you deposit and maintain S$50,000 in fresh funds upon account opening
b) S$100 cashback3 when you credit your salary within the first 2 months of account opening
Offer valid from 1 September to 31 October 2024. Terms and Conditions apply.
Refer and enjoy up to S$130 cashback!
Refer a friend and get rewarded with up to S$130 cashback for you and more than S$400 worth of rewards for your friend. T&Cs apply.
Enjoy high interest of up to 7.68% p.a. when you spend, credit salary, invest, insure and/or pay bills through the account.
Transact in up to 14 currencies from your account, convert at competitive FX exchange rates and enjoy S$0 fees for overseas transactions.
Protect your funds from scams and unauthorised transfers or withdrawals with our new anti-scam security feature.
Enjoy The Good Life® privileges with your Bonus$aver World Mastercard Credit Card or Debit Card.
No documents are required
To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.
(i) Latest Income Tax Notice of Assessment (NOA) OR
(ii) Latest 3 months of Commission Statement from same employer
No documents are required.
However, if there has been a recent change to your income, please submit your updated documents for review during the application process.
To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.
Note: Chargeable if the minimum average daily balance falls below S$3,000 in any particular month.
You can earn up to 7.68% p.a. interest on your first S$100,000 Average Daily Balance in your Bonus$aver Account.
You will receive two types of interest on your account every month:
Applicants must be 18 years and above to be eligible. For joint account applicants, both parties must be 18 years and above.
Yes, you can transact in up to 14 currencies with your Bonus$aver Account by enabling the multi-currency feature.
Step 1: Log on to Standard Chartered Online Banking or SC Mobile
Step 2: Click on a currency tile under Bonus$aver
Step 3: Choose the currency and complete the transfer
Find out how to send money online to your loved ones at a $0 transfer fee.
You can open a Bonus$aver account instantly online by applying through MyInfo OR Online Banking.
If you are a new customer:
Step 1: Select ‘Apply now’
Step 2: Pre-fill your application via SingPass (MyInfo)
Step 3: Verify your details and submit your application
Step 4: Your account will be opened instantly
If you are an existing customer and have access to Online Banking:
Step 1: Log in to Online Banking or SC Mobile
Step 2: Select Apply / Apply for product and search for Bonus$aver
Step 3: Select ‘Apply now’
Step 4: Verify your details and submit your application
Step 5: Your account will be opened instantly
There is zero cost to open a Bonus$aver Account, but take note of the other types of fees for the Bonus$aver Account.
Refer to the Bonus$aver Key Account Charges section for more information.
You can have a maximum of 3 Bonus$aver Accounts at any one time (T&Cs apply).
Yes, foreigners can open a Bonus$aver Account, provided they meet the Bank’s requirements.
Do note that all bonus interest and transactions are in Singapore Dollars (SGD).
There is a multi-currency feature that allows you to hold balances in other currencies, but the bonus interest is only earned on SGD balances.
You can also choose to place your additional funds in our foreign currency time deposit account to earn interest.
Clients can optimise their finances by using a joint Bonus$aver account as it allows them to combine incomes and transactions to easily meet the criteria for bonus interest.
By crediting both their salaries into the joint account, they increase the total credited amount, potentially qualifying for higher interest rates and boosting their overall savings. Additionally, by making at least three bill payments from the joint account, they can further maximise their bonus interest.
If you are using a joint investment account, note that only the primary account holder of the Bonus$aver account will be entitled to bonus interest.
To qualify for the bonus interest on the Bonus$aver Account, you must have a regular inward credit of at least S$3,000 nett from your monthly salary through a GIRO application.
Additionally, the GIRO arrangement must be set up for Singapore Dollar denominated balances in your bank account. You will not receive interest for foreign currency deposited into the account.
Yes, salary crediting can be done through instant transfer, but it will not qualify for the bonus interest on the Bonus$aver Account.
To earn bonus interest on the Bonus$aver Account, you must have a regular inward credit of at least S$3,000 nett from your monthly salary through a GIRO application.
To invest with your Bonus$aver Account, subscribe through us and settle a trade for an eligible Unit Trust with a minimum single subscription amount of S$30,000. Following that, you will be able to earn an additional 2.00% p.a. bonus interest on the deposit balance in your Bonus$aver Account.
When you invest in eligible Unit Trusts denominated in foreign currencies, the value of such investments will be converted into Singapore dollars at the bank’s prevailing currency exchange rate.
To qualify for bonus interest, the converted amount must meet the minimum single subscription amount required. The bank will determine the equivalent Singapore Dollar amount using exchange rates it reasonably considers appropriate.
Your account must be in good standing. Bonus interest is in addition to prevailing interest, and the total interest you can receive is a maximum of 7.68% p.a. Read more
The calculated interest is an estimate based on the assumption that your balance stays the same throughout the year and on the assumption that you satisfy the Bonus$aver Product Terms. Prevailing interest of 0.05% p.a. has been included in the calculation.
To qualify for the Sign-up Cashback, (a) you must be new to Bonus$aver and apply for a Bonus$aver current/cheque account (“Bonus$aver Account”) as a main account holder and a Bonus$aver World Mastercard credit card as a principal card holder between 1 September – 31 October 2024 and your applications must be approved, and (b) you must deposit minimum fresh funds of S$50,000 in your Bonus$aver Account at the time of account opening and maintain the sum until the end of the calendar month immediately after the calendar month in which your Bonus$aver Account is opened. If you satisfy the qualifying criteria, you will be eligible to receive the Sign-Up Cashback (worth S$188). “Fresh funds” means funds not originating from any existing account with the Bank and funds that are not withdrawn and re-deposited with the Bank within the last 30 days of opening of your Bonus$aver Account. To qualify for the S$100 Salary Crediting Cashback , you must credit a minimum of S$3,000 monthly salary into your Bonus$aver account within the first two months of opening your Bonus$aver Account through GIRO with Purpose Code “SALA” by your employer. For the avoidance of doubt, such GIRO arrangements for salary crediting must be made in respect of your Singapore Dollar denominated balances in your Bonus$aver account. Visit here for the full Bonus$aver Sign-up Promotion Terms and Conditions that apply.
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
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