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Proceed

How would you like to apply?

I am NOT an existing Standard Chartered Current/Checking/Savings Account holder

*SingPass holders with a MyInfo profile can use MyInfo to automatically fill up the form. By clicking “Next”, you will be re-directed to the MyInfo portal, which is not owned or controlled by Standard Chartered Bank (Singapore) Limited or any member of the Standard Chartered Group (the “Bank”). The Bank bears no liability or responsibility over your usage of the MyInfo portal.

*Please note that MyInfo is temporarily unavailable at the stipulated downtimes:

Mon, Tues, Thurs, Fri, Sat:  5:00AM to 5:30AM. Wed: 2:00AM to 6:00AM. Sun: 2:00AM to 8:30AM

I am an existing Standard Chartered Current/Checking/Savings Account holder

    How would you like to apply?

    I am NOT an existing Standard Chartered Current/Checking/Savings Account holder

    *SingPass holders with a MyInfo profile can use MyInfo to automatically fill up the form. By clicking “Next”, you will be re-directed to the MyInfo portal, which is not owned or controlled by Standard Chartered Bank (Singapore) Limited or any member of the Standard Chartered Group (the “Bank”). The Bank bears no liability or responsibility over your usage of the MyInfo portal.

    *Please note that MyInfo is temporarily unavailable at the stipulated downtimes:

    Mon, Tues, Thurs, Fri, Sat:  5:00AM to 5:30AM. Wed: 2:00AM to 6:00AM. Sun: 2:00AM to 8:30AM

    I am an existing Standard Chartered Current/Checking/Savings Account holder

      Person, Logo, Text
      1. Accounts & Deposits
      2. Current Accounts
      3. Bonus$aver

      Bonus$aver Account

      Get S$188 cashback when you sign up now

      • Apply Now Apply Now

        Instant Account Opening with MyInfo

        I want to apply for a Bonus$aver account only

        I want to apply for a Bonus$aver account and Bonus$aver World Mastercard Credit Card

        Note: To qualify for the Bonus$aver Sign-up Promotion, you must apply for a Bonus$aver World Mastercard Credit Card. Visit here for the full Bonus$aver Sign-up Promotion Terms and Conditions that apply.

      Up to 7.88% p.a. with Bonus$aver

      Access up to 14 currencies

      See our latest promotions

      Up to 7.88% p.a. with Bonus$aver

      Bonus$aver account – columns 1
      1 account, 5 ways to grow your savings
      • Up to 7.88% p.a.

        Interest on your first S$100,000

      • Up to S$7,880

        Bonus Interest per year

      • Apply Now. Instant

        Account Opening with My Info

      Access up to 14 currencies

      Enter your estimated Bonus$aver average daily balance to calculate your bonus interest.

      Bonus$aver account- columns 2
      Multi-Currency Feature
      • 14 Currencies

        From your personal Bonus$aver account

      • $0 fees

        For overseas transactions*

      • Competitive

        FX rates with Live FX. Get rewarded

      See our latest promotions

      • Apply Now Apply Now

        Instant Account Opening with MyInfo

        I want to apply for a Bonus$aver account only

        I want to apply for a Bonus$aver account and Bonus$aver World Mastercard Credit Card

        Note: To qualify for the Bonus$aver Sign-up Promotion, you must apply for a Bonus$aver World Mastercard Credit Card. Visit here for the full Bonus$aver Sign-up Promotion Terms and Conditions that apply.

      Bonus$aver Calculator2

      S$
      Your estimated annual interest2
      Please enter a minimum amount of S$2,000

      S$ @ % p.a.

      Your estimated annual interest2

      S$ @ % p.a.

      • Apply Now Apply Now

        Instant Account Opening with MyInfo

        I want to apply for a Bonus$aver account only

        I want to apply for a Bonus$aver account and Bonus$aver World Mastercard Credit Card

        Note: To qualify for the Bonus$aver Sign-up Promotion, you must apply for a Bonus$aver World Mastercard Credit Card. Visit here for the full Bonus$aver Sign-up Promotion Terms and Conditions that apply.

      More information
      • Spend

      Select your estimated monthly card spending

      Interest (p.a) earned

      2%

      (Inclusive of prevailing interest rate)

      Your monthly Bonus$aver card spending

      You will earn a prevailing interest rate of 0.05% p.a. on your entire deposit balance. In addition, you will earn bonus interest on the first S$100,000 of your deposit balance if you meet the minimum card spend as follows:

      Criteria
      Charge the Minimum Card Spend on eligible transactions to your Bonus$aver Cards
      Minimum Card Spend
      S$500
      or equivalent in foreign currency of eligible Card Spend per calendar month based on transaction posting date
      Bonus Interest Rate on the first S$100,000
      1.25% p.a.
      Total Interest Earned for Spend
      (*inclusive of prevailing interest rate)
      1.30%
      Minimum Card Spend
      S$2,000
      or equivalent in foreign currency of eligible Card Spend per calendar month based on transaction posting date
      Bonus Interest Rate on the first S$100,000
      2.00% p.a.
      Total Interest Earned for Spend
      (*inclusive of prevailing interest rate)
      2.05% p.a.
      Bonus Interest Crediting Month
      One month after card spend transaction month e.g. for card spending in January, bonus interest will be paid in February based on January’s Average Daily Balance
      Bonus Interest Payment period
      Payable monthly upon fulfillment of criteria and Minimum Card Spend

      Certain transactions on your Bonus$aver Cards will not be regarded as eligible transactions. Please refer to Bonus$aver Product Terms for full T&Cs and list of exclusions

      More information
      • Salary Credit

      Would your monthly salary credit be S$3,000 or more?

      No Yes
      Interest (p.a) earned

      2.50%

      Salary Credit

      Credit a minimum of S$3,000 monthly salary into your Bonus$aver account and earn additional 2.50% p.a. bonus interest on the deposit balance in your Bonus$aver account:

      Criteria
      Regular inward credit of your monthly salary of no less than S$3,000 nett into your Bonus$aver account by your employer through GIRO with Purpose Code “SALA”
      Minimum Ticket Size
      S$3,000
      Bonus Interest Rate on the first S$100,000
      2.50% p.a
      Bonus Interest Crediting Month
      One month after salary is credited
      Bonus Interest Payment period
      Payable monthly upon fulfillment of criteria and minimum ticket size

      Please refer to Bonus$aver Product Terms for the full T&Cs that apply.

      More information
      • Invest

      Would you invest in eligible products?

      No Yes
      Interest (p.a) earned

      1.50%

      Invest

      Invest through us in an Eligible Unit Trust with a minimum subscription sum of S$30,000, to earn additional 1.50% p.a. bonus interest on the deposit balance in your Bonus$aver Account:

      Criteria
      Purchase an Eligible Unit Trust (defined below)
      Minimum Ticket Size
      S$30,000
      S$30,000 minimum subscription sum for an Eligible Unit Trust
      Bonus Interest Rate on the first S$100,000
      1.50% p.a
      Bonus Interest Crediting Month
      For investment in Eligible Unit Trust: One month after investment settlement month
      Bonus Interest Payment period
      Bonus Interest will be paid for a consecutive period of 12 months.

      Eligible Unit Trust means a Unit Trust made available through the Bank and which comprises (i) a minimum investment sum of S$30,000 (or its equivalent in another currency) in a single subscription, but does not include:

      • exchange traded funds;
      • investments via regular savings plans; and
      • switching transactions.

      Disclaimer:

      This document is being distributed for general information only and it does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration.

      It has not been prepared for any particular person or class of persons and it has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase the product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.

      You are fully responsible for your investment decision, including whether the product or service described here is suitable for you. The products / services involved are not principal-protected and you may lose all or part of your original investment amount. SCB will not accept any responsibility or liability of any kind, with respect to the accuracy or completeness of the information in this document. This document is for general evaluation only and has not been prepared to be suitable for any particular person or class of persons.

      SCB makes no representation or warranty of any kind, express, implied or statutory regarding this document or any information contained or referred to on the document. This document is distributed on the express understanding that, whilst the information in it is believed to be reliable, it has not been independently verified by us.

      Insurance: Buying an insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable may be less than the total premiums paid. The contents of this document do not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. All insurance products described in this document are products of and underwritten by [Insurer] (Insurer) and not Standard Chartered Bank (Singapore) Limited (SCBSL). SCBSL shall not be liable in any manner whatsoever regarding your application or the contract of insurance.

      Unit Trusts: You should read the relevant prospectus before deciding whether to invest in a unit trust. Investments in unit trusts are not obligations of, deposits in, or guaranteed by, Standard Chartered Bank (Singapore) Limited or its affiliates. An investment in unit trusts is subject to investment risks, including the possible loss of the principal amount invested. The value of and the income from the unit trusts may fall as well as rise.

      For clarity, the above are not deposits and do not qualify insured deposits under the Singapore Deposit Insurance and Policy Owners†Protection Schemes Act 2011.

      More information
      • Insure

      Would you insure in eligible products?

      No Yes
      Interest (p.a) earned

      1.50%

      Insure

      Purchase an Eligible Insurance Policy with a minimal annual premium of S$12,000 to earn additional 1.50% p.a. bonus interest on the deposit balance in your Bonus$aver Account:

      Criteria
      Purchase an Eligible Insurance Policy (defined below)
      Minimum Premium
      S$12,000
      S$12,000 annual premium for an Eligible Insurance Policy
      Bonus Interest Rate on the first S$100,000
      1.50% p.a
      Bonus Interest Crediting Month
      For purchase of Eligible Insurance Policy: One month after purchase of policy
      Bonus Interest Payment period
      Bonus Interest will be paid for a consecutive period of 12 months.

      Eligible Insurance Policy means a regular premium life insurance policy underwritten by Prudential Assurance Company Singapore (Pte) Ltd and distributed by the Bank and which:

      • names the Eligible Customer as the policy owner;
      • has a minimum annual premium of S$12,000;

      Disclaimer:

      This document is being distributed for general information only and it does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration.

      It has not been prepared for any particular person or class of persons and it has been prepared without regards to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase the product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.

      You are fully responsible for your investment decision, including whether the product or service described here is suitable for you. The products / services involved are not principal-protected and you may lose all or part of your original investment amount. SCB will not accept any responsibility or liability of any kind, with respect to the accuracy or completeness of the information in this document. This document is for general evaluation only and has not been prepared to be suitable for any particular person or class of persons.

      SCB makes no representation or warranty of any kind, express, implied or statutory regarding this document or any information contained or referred to on the document. This document is distributed on the express understanding that, whilst the information in it is believed to be reliable, it has not been independently verified by us.

      Insurance: Buying an insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable may be less than the total premiums paid. The contents of this document do not constitute a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy. All insurance products described in this document are products of and underwritten by [Insurer] (Insurer) and not Standard Chartered Bank (Singapore) Limited (SCBSL). SCBSL shall not be liable in any manner whatsoever regarding your application or the contract of insurance.

      Unit Trusts: You should read the relevant prospectus before deciding whether to invest in a unit trust. Investments in unit trusts are not obligations of, deposits in, or guaranteed by, Standard Chartered Bank (Singapore) Limited or its affiliates. An investment in unit trusts is subject to investment risks, including the possible loss of the principal amount invested. The value of and the income from the unit trusts may fall as well as rise.

      For clarity, the above are not deposits and do not qualify insured deposits under the Singapore Deposit Insurance and Policy Owners†Protection Schemes Act 2011.

      More information
      • Bill Payment

      Would you make at least 3 bill payments online?

      No Yes
      Interest (p.a) earned

      0.33%

      Bill Payment

      Make 3 eligible bill payments of at least S$50 each (in a calendar month) from your Bonus$aver account via GIRO or our Online Banking platform and earn additional 0.33% p.a. bonus interest on the deposit balance in your Bonus$aver account:

      Criteria
      Minimum 3 eligible bill payments (in a calendar month) from your Bonus$aver account via GIRO or our Online Banking platform
      Minimum Ticket Size
      S$50
      per eligible bill payment
      Bonus Interest Rate on the First S$100,000
      0.33% p.a.
      Bonus Interest Crediting Month
      One month after eligible bill payment month
      Bonus Interest Payment period
      Payable monthly upon fulfillment of criteria and minimum ticket size

      Please refer to Bonus$aver Product Terms for the full T&Cs that apply.

      • Apply Now Apply Now

        Instant Account Opening with MyInfo

        I want to apply for a Bonus$aver account only

        I want to apply for a Bonus$aver account and Bonus$aver World Mastercard Credit Card

        Note: To qualify for the Bonus$aver Sign-up Promotion, you must apply for a Bonus$aver World Mastercard Credit Card. Visit here for the full Bonus$aver Sign-up Promotion Terms and Conditions that apply.

      • Mobile Phone, Cell Phone, Electronics
      • Mobile Phone, Electronics, Phone
      • Mobile Phone, Electronics, Phone
      • Mobile Phone, Cell Phone, Electronics

      For existing Bonus$aver account holders, enable the Multi-Currency feature in 4 steps:

      Step 1

      Log on to Standard Chartered Online Banking or Mobile Banking app

      Step 2

      Click on a currency tile under Bonus$aver account

      Step 3

      Enter the amount and complete the transfer to enable the currency

      STEP 4

      The chosen currency is now enabled for use. Repeat steps 2-3 to enable more currencies

      Beat the queue and apply online. Enjoy an even simpler application process with MyInfo.

      Manage your money easily with our award-wining Online and Mobile Banking platform and get access to over 300 billing organisations. SC Mobile is available on the iPhone, iPad and Android mobile device.

      Withdraw your cash easily from our extensive network of ATMs or at any participating ATM from six Qualifying Full Banks (QFBs) island wide through the atm5 network

      Consolidated statement for easy account balancing.

      $0 Transfer charges and 0% FX fees via online remittances. Click here to find out more.

      Send and receive money with a mobile number or NRIC. Register for PayNow today.

      Application Eligibility

      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

      For Existing Standard Chartered Credit Cardholders

      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.

      For New Customers or Existing Customers with Change(s) in Income/Employment

      For SingPass holders applying with MyInfo

      myinfo-logo
      No documents are required

      For Salaried Employees/Partial Commission-based Earners
      • Copy of NRIC (front and back)
      • (i) Latest computerised payslip OR
        (ii) Latest 6 months’ CPF Contribution History Statement

        To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.

      For 100% Commission-based Earners
      • Copy of NRIC (front and back)
      • (i) Latest Income Tax Notice of Assessment (NOA) OR
        (ii) Latest 3 months of Commission Statement from same employer
      For Self-employed
      • Copy of NRIC (front and back)
      • Latest Income Tax Notice of Assessment (NOA)

      Application Eligibility

      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

      For Existing Standard Chartered Credit Cardholders

      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.

      For New Customers or Existing Customers with Change(s) in Income/Employment

      For SingPass holders applying with MyInfo

      myinfo-logo

      Please prepare the following:
      • Copy of Passport (with at least 6 months’ validity)
      • Copy of your Employment Pass
      • Any ONE of the following documents:
        (i) Latest utility bill, rates or tax bill
        (ii) Latest bank / credit card statement (e-Statements are accepted)
        (iii) Rental agreement showing your address
        (iv) Latest mobile phone statement or pay-TV statement
        (v) Letter from employer stating current address
        (vi) Government-issued document stating current address (e.g. IRAS, CPF, ICA)
      Additional Documents:
      For Salaried Employees/Partial Commission-based Earners
      • Latest computerised payslip

        To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.

      For 100% Commission-based Earners
      • Copy of NRIC (front and back)
      • (i) Latest Income Tax Notice of Assessment (NOA) OR
        (ii) Latest 3 months of Commission Statement from same employer
      For Self-employed
      • Latest Income Tax Notice of Assessment (NOA)

      Services & Charges
      Fall-below fee (per month)
      S$5

      Note: Chargeable if the minimum average daily balance falls below S$3,000 in any particular month.

      Monthly service charge
      Nil
      Unarranged overdraft
      Prime +5%, minimum S$5
      Credit card annual fee (Including GST)
      $216 (Free for first 2 years)
      Debit card annual fee (Including GST)
      $20
      Cheque book charges
      S$10 for each cheque book requested
      Early Account Closure (within 6 months)
      S$30
      Refer here for all the relevant fees and charges

      Bonus$aver comprises of a Bonus$aver account (which is an innovative Current Account that gives you one of the highest interest rate in town), and Bonus$aver World MasterCard credit and/or debit card(s) which may be linked to the Bonus$aver account.

      Earn up to 7.88% p.a. interest on your savings for the first S$100,000 in your Bonus$aver account when you do any of the following:

      • Credit your salary through GIRO
      • Pay bills online/through GIRO
      • Spend on your Bonus$aver Credit or Debit Card
      • Invest with a Unit Trust
      • Insure with a regular premium insurance policy

      The account comes with eStatements and you can choose to have a chequebook (chequebook facility is not available for Bonus$aver accounts opened through an online application).

      Unlike other current and savings accounts, Bonus$aver is a unique account offering interest rates that are higher than any time deposit. You can earn up to 7.88% p.a. interest for up to S$100,000 deposit as you consolidate your spends, salary credit, bill payments and wealth needs with just a single account.

      You can earn up to 7.88% p.a. interest on the first S$100,000 Average Daily Balance in your Bonus$aver account.

      Your will receive 2 types of interest on your account balance every month.

      Prevailing interest: 0.05% p.a.

      You earn bonus interest on the first S$100,000 of your account average daily balance when you do any or all of these:

      Bonus interest: This interest is accrued daily. You will receive this interest at the end of every month.

      Earn 2.00% p.a. for spending at least S$2,000 in eligible transactions on your Bonus$aver Credit or Debit Card, or earn 1.25% p.a. for spending at least S$500 in eligible transactions on your Bonus$aver Credit or Debit Card and/or

      Earn 2.50% p.a. for crediting your salary of at least S$3,000 through your employer via giro and/or

      Earn 1.50% p.a. for 12 months when you purchase a new eligible unit trust investment and/or

      Earn 1.50% p.a. for 12 months when you purchase a regular premium insurance product from SCB and/or

      Earn 0.33% p.a. for paying any 3 unique bills online or through GIRO

      You must be 21 years old and above to be eligible. For joint account applicants, both parties must be 21 years old and above.

      Yes. The average daily balance eligible for bonus interest is subject to a cap of $100,000 per Bonus$aver account. Any average daily balance amount in excess of the cap is not eligible for bonus interest (but the prevailing interest rates will apply).

      Click here for more FAQs.

      For Bonus$aver accounts opened through an online application, you can perform signature-based transactions after you register your signature via SC Mobile.

      However, do note that chequebook facility is still not available for Bonus$aver accounts opened through an online application.

      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

      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 7.88% 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 3 Jan 2023 – 31 May 2023 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$aver Account is opened. “Fresh funds” means funds not originating from any existing account with the Bank and funds that are not withdrawn and re-deposited with the Bank within the last 30 days. Visit here for the full Bonus$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$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.

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