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Spend

Interest (p.a) up to

1.88%

(Inclusive of prevailing interest rate)

Spend

You will earn a prevailing interest rate of 0.1% p.a. on your entire deposit balance if your deposit balance is below S$200,000. If your deposit balance is S$200,000 and above, the prevailing interest rate of 0.2% p.a. will apply 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 Minimum Card Spend Bonus Interest Rate on the first S$100,000 Bonus Interest Crediting Month Bonus Interest Payment period Total Interest Earned for Spend (*inclusive of prevailing interest rate)
Charge the Minimum Card Spend on eligible transactions to your Bonus$aver Cards S$500
,or equivalent in foreign currency of eligible Card Spend per calendar month based on transaction posting date
Up to 0.78% p.a 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 Payable monthly upon fulfillment of criteria and Minimum Card Spend 0.88%
  S$2,000
,or equivalent in foreign currency of eligible Card Spend per calendar month based on transaction posting date
Up to 1.78% p.a.     1.88%

The following transactions on your Bonus$aver Cards are not eligible transactions for the purposes of the Promotion, and will not be taken into consideration when determining the total Card Spend for the calendar month:

  1. transactions arising from the use of your linked Bonus$aver Cards as an ATM card at an ATM or at an EFTPOS or NETS terminal
  2. balance transfers to your Bonus$aver Card
  3. EasyPay monthly instalments
  4. online bill payments
  5. income tax payments
  6. payments to loans or credit facilities or deposit accounts
  7. Payments to the Immigration and Checkpoints Authority, Ministry of Manpower and Land Transport Authority.
  8. EZ-link card transactions and other TransitLink transactions
  9. top-ups of any stored value facility
  10. AXS payments
  11. any fees and charges (including annual fees, interest charges, cheque processing fees, administrative fees, cash advance fees, finance charges and/or late payment charges and other miscellaneous fees and charges) charged to your linked Bonus$aver Card
  12. any amount charged to your linked Bonus$aver Card in that calendar month that is subsequently cancelled, voided or reversed
  13. balance owing on your linked Bonus$aver Card from previous or other months; and
  14. any other amount charged to your linked Bonus$aver Card as we may determine from time to time.

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Salary Credit

Interest (p.a)

1%

Salary Credit

Salary Credit: Credit a minimum of S$3,000 monthly salary into your Bonus$aver account and earn additional 1% p.a. bonus interest on the deposit balance in your Bonus$aver account:

Criteria Minimum Ticket Size Bonus Interest Rate on the first S$100,000 Bonus Interest Crediting Month Bonus Interest Payment Period
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” S$3,000 1% p.a. One month after salary is credited Payable monthly upon fulfillment of criteria and minimum ticket size
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Invest or Insure

Interest (p.a)

0.75%

Invest or insure

Invest or Insure: Invest through us in an Eligible Unit Trust with a minimum subscription sum of S$30,000, or purchase an Eligible Insurance Policy with a minimal annual premium of S$12,000 to earn additional 0.75% p.a. bonus interest on the deposit balance in your Bonus$aver Account:

Minimum Premium/Ticket Size Criteria Minimum Ticket size Bonus Interest Rate on the First S$100,000 Bonus Interest Crediting Month Bonus Interest Payment Period
Purchase an Eligible Insurance Policy or Unit Trust (defined below) S$12,000 annual premium for an Eligible Insurance Policy Or S$30,000 minimum subscription sum for an Eligible Unit Trust 0.75% p.a. For purchase of Eligible Insurance Policy: One month after purchase of policy

For investment in Eligible Unit Trust: One month after investment settlement month
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:

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

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:

  1. exchange traded funds;
  2. investments via regular savings plans; and
  3. 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.

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Bill Payment

Interest (p.a)

0.25%

Bill Payment

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 0.25% p.a. bonus interest on the deposit balance in your Bonus$aver account:

Criteria Minimum Ticket Size Bonus Interest Rate on the First S$100,000 Bonus Interest Crediting Month Bonus Interest Payment Period
Minimum 3 eligible bill payments (in a calendar month) from your Bonus$aver account via GIRO or our Online Banking platform S$50 per eligible bill payment 0.25% p.a. One month after eligible bill payment month Payable monthly upon fulfillment of criteria and minimum ticket size

Eligible bill payments means unique bill payments to different billing organisations and includes (i) in respect of bill payments via our Online Banking platforms, any payments made to an eligible billing organisation* at our website at List of Merchants; or (ii) in respect of bill payments via GIRO, any payments made to an eligible billing organisation accepting GIRO instructions provided that such GIRO arrangements are approved by us.


Download GIRO forms here to get started:

Utilities
M1 | My Republic | Singapore Power | Singtel | Starhub

Insurance
AIA | Aviva | Great Eastern | Manulife | NTUC Income | Prudential | Tokio Marine

Others
IRAS | LTA

Total

Interest (p.a.) up to

3.88%

   Spend

You will earn a prevailing interest rate of 0.1% p.a. on your entire deposit balance if your deposit balance is below S$200,000. If your deposit balance is S$200,000 and above, the prevailing interest rate of 0.2% p.a. will apply 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 Minimum Card Spend Bonus Interest Rate on the first S$100,000 Bonus Interest Crediting Month Bonus Interest Payment period Total Interest Earned for Spend (*inclusive of prevailing interest rate)
Charge the Minimum Card Spend on eligible transactions to your Bonus$aver Cards S$500,
or equivalent in foreign currency of eligible Card Spend per calendar month based on transaction posting date
Up to 0.78% p.a 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 Payable monthly upon fulfillment of criteria and Minimum Card Spend 0.88%
  S$2,000
,or equivalent in foreign currency of eligible Card Spend per calendar month based on transaction posting date
Up to 1.78% p.a.     1.88%

The following transactions on your Bonus$aver Cards are not eligible transactions for the purposes of the Promotion, and will not be taken into consideration when determining the total Card Spend for the calendar month:

  1. transactions arising from the use of your linked Bonus$aver Cards as an ATM card at an ATM or at an EFTPOS or NETS terminal
  2. balance transfers to your Bonus$aver Card
  3. EasyPay monthly instalments
  4. online bill payments
  5. income tax payments
  6. payments to loans or credit facilities or deposit accounts
  7. Payments to the Immigration and Checkpoints Authority, Ministry of Manpower and Land Transport Authority.
  8. EZ-link card transactions and other TransitLink transactions
  9. top-ups of any stored value facility
  10. AXS payments
  11. any fees and charges (including annual fees, interest charges, cheque processing fees, administrative fees, cash advance fees, finance charges and/or late payment charges and other miscellaneous fees and charges) charged to your linked Bonus$aver Card
  12. any amount charged to your linked Bonus$aver Card in that calendar month that is subsequently cancelled, voided or reversed
  13. balance owing on your linked Bonus$aver Card from previous or other months; and
  14. any other amount charged to your linked Bonus$aver Card as we may determine from time to time.


1Your 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 3.88% p.a..
Bonus$aver Product Terms apply.

Download application form for change in salary crediting account form to get started.