Save and Invest
More opportunities beyond the horizon
Apply for Bonus$aver Account and invest at least S$30,000 to unlock bonus interest. Choose between Unit Trusts or Online Trading.
Where savings and wealth come together.
Enjoy up to 5.85% p.a. interest on your Bonus$aver Account when you credit salary, spend on your Bonus$aver Card, perform investment or purchase insurance with us.
Invest
Invest at least S$30,000 in eligible Unit Trusts or through Online Trading
Salary Credit
Credit salary of at least S$3,000 via GIRO, PayNow or FAST.
Spend
Spend at least S$1,000 on your Bonus$aver Card
Insure
Purchase an Eligible Insurance Policy with a minimal annual premium of S$24,000.
You will enjoy a prevailing interest rate of 0.05% p.a. on your entire deposit balance. Bonus interest is capped at the first S$100,000 balances.
*Bonus interest will be paid for a consecutive period of 6 months.
^Inclusive of prevailing interest rate of 0.05% p.a.
Choose an investment solution that suits you
Whether you choose Unit Trusts or SC Online Trading, you’ll qualify for the same investment bonus interest of 1.50% p.a. for 6 months on your Bonus$aver deposit balance.
Invest with Unit Trusts
Get up to S$150 in cash rewards when you invest.
- For Net Investment Amount of S$15,000 to S$29,999 - get S$50 cash rewards
- For Net Investment Amount of S$30,000 to S$49,999 - get S$100 cash rewards
- For Net Investment Amount of S$50,000 and above - get S$150 cash rewards
Enjoy discounted sales charge of 0.61%from 1.5% for online subscriptions.
Invest with SC Online Trading
Up to S$688 in cash rewards when you sign up and trade.
Receive S$88 when you open an SC Online Trading account and make your first buy trade within 30 days. Get additional S$50 for every S$50,000 traded online (capped at S$600).
Eligibility, Fees, FAQs & Terms
Bonus$aver Account
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
No documents are required
For Salaried Employees/Partial Commission-based Earners
- Copy of NRIC (front and back)
- Latest computerised payslip or latest 6 months' CPF Contribution History Statement
- To be considered for a higher credit limit, 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)
- Latest Income Tax Notice of Assessment (NOA) or 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
Please prepare the following:
- Copy of Passport with at least 6 months' validity
- Copy of your Employment Pass
Any one of the following documents:
- Latest utility bill, rates or tax bill
- Latest bank or credit card statement. e-Statements are accepted.
- Rental agreement showing your address
- Latest mobile phone statement or pay-TV statement
- Letter from employer stating current address
- Government-issued document stating current address, for example IRAS, CPF, or ICA
Additional Documents
For Salaried Employees/Partial Commission-based Earners
- Latest computerised payslip
- To be considered for a higher credit limit, 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)
- Latest Income Tax Notice of Assessment (NOA) or latest 3 months of Commission Statement from same employer
For Self-employed
- Latest Income Tax Notice of Assessment (NOA)
Online Trading Account
You can apply if you are at least 21 years of age, do not reside in the European Economic Area (including the UK), are not a U.S. Resident, U.S. Citizen, or a U.S. Permanent Resident Card holder, and do not have an Australian or New Zealand residential address, mailing address or contact number.
You can conveniently open an Online Trading account via our online application form or visit any of our branches. For a physical branch application, you will need to submit a Single Account or Joint Account application form, a CRS form (mandatory), and a W-8BEN form (required for US markets access).
Download and fill in the physical application forms and submit them at any of our branches. You will need to provide a Single Account or Joint Account application form, a CRS form (mandatory), and a W-8BEN form (for US markets access).
Unit Trusts
You can begin through our Online Unit Trust Platform. Alternatively, speak to our Relationship Managers at any branch or Priority Banking centre.
Bonus$aver Account
| Service and Charges | |
|---|---|
| Fall-below fee (per month) Note: Chargeable if the minimum average daily balance falls below S$3,000 in any particular month. |
S$5 |
| Monthly service charge | Nil |
| Unarranged overdraft | Prime +5%, minimum S$5 |
| Credit card annual fee (Including GST) | S$218 (Free for first year) |
| Debit card annual fee (Including GST) | S$0 |
| 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.
Online Trading
Brokerage and commission rates vary by market and order type. Please refer to the Standard Chartered Pricing Guide for the full schedule of Online Trading charges, including settlement and custody fees.
Unit Trusts
| Charge Type | Rate |
|---|---|
| Upfront subscription fee (online) | 1.5% nominal (promotional rates may apply) |
| Annual management fee | Varies by fund — refer to product highlights sheet |
| Regular Savings Plan (RSP) monthly minimum | From S$100 (in fund currency; higher minimums apply for some funds) |
Please refer to each fund's product highlights sheet and prospectus for full details on applicable charges.
Save and Invest
To invest with your Bonus$aver account, subscribe to an eligible Unit Trust with a minimum ticket size of S$30,000 in a single transaction, or trade via Online Trading with a minimum cumulative buy trade volume of S$30,000 within a calendar month. Following that, you will be able to unlock an additional 1.50% p.a. bonus interest for 6 months on the deposit balance in your Bonus$aver Account.
When you invest in an eligible Unit Trust or trade via Online Trading 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.
Bonus$aver Account
Account Information
You can unlock up to 5.85% 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:
- Prevailing interest at 0.05% p.a. interest.
- Bonus interest is earned on the first S$100,000 of your account average daily balance when you perform these transaction(s):
- Unlock 0.90% p.a. for crediting your salary of at least S$3,000 through your employer via GIRO, PayNow or FAST and/or
- Unlock 0.90% p.a. for spending at least S$1,000 in eligible transactions on your Bonus$aver World Mastercard Credit Card or Debit Card, and/or
- Unlock 1.50% p.a. for 6 months when you purchase a new eligible Unit Trust or Online Equity, and/or
- Unlock 2.50% p.a. for 6 months when you purchase a regular premium insurance policy.
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 $0 transfer fee.
Account Opening
You can open a Bonus$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$aver Account.
Refer to the Key Charges & Fees section for more information.
You can have a maximum of 3 Bonus$aver Accounts at any one time. Terms and conditions apply.
Yes, foreigners can open a Bonus$aver Account, provided they meet the Bank's requirements.
Do note that all bonus interest and transactions are in Singapore Dollars (SGD).
There is a multi-currency feature that allows you to hold balances in other currencies, but the bonus interest is only earned on SGD balances.
You can also choose to place your additional funds in our foreign currency time deposit account to earn interest.
Joint Account
Clients can optimise their finances by using a joint Bonus$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.
If you are using a joint investment account, note that only the primary account holder of the Bonus$aver account will be entitled to bonus interest.
Salary Crediting
To qualify for the bonus interest on the Bonus$aver Account, you must have a regular inward credit of at least S$3,000 nett from your monthly salary through GIRO, PayNow or FAST transfers with Purpose Code "SALA".
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 via PayNow or FAST, with a regular inward credit of at least S$3,000 nett from your monthly salary.
Online Trading
You can trade most securities listed on the markets and exchanges that the Bank offers. This includes stocks, ETFs, REITs, and Company Warrants. Note that you may not be able to trade certain stocks due to tax and/or regulatory restrictions.
You will not be able to link your CDP Securities Account to your SC Online Trading account. Securities will be held on trust by the bank or its nominee, and clients are beneficial owners. Refer to the Investment Product Terms for details.
Your Online Trading account application, including W-8BEN form submission for US market trading access, may take up to 14 business days to process.
Via SC Mobile: Log in > Invest & Insure > Equities. Via Online Banking: Log in > MENU > Online Trading under the Invest section.
Clients can use the price adjustment function to adjust prices of non-trade transactions within the past 3 months. Refer to the Price Adjustment video guide available on the Online Trading platform for more details.
Visit the Online Trading product page for more FAQs. Alternatively, contact our call centre hotline at +65 6242 5333 (Mon to Fri, 8am to 5pm).
Unit Trusts
A Unit Trust (or fund) is made up of money pooled from multiple investors and invested in a variety of assets to meet an investment objective. Investors own units representing a part of the portfolio. The professionally managed fund can invest in stocks, bonds and/or other instruments. In Singapore, a Unit Trust is also referred to as a collective investment scheme (CIS).
A Unit Trust and a Mutual Fund differ in structure. Investors in a Unit Trust become a beneficiary of the trust. A mutual fund issues redeemable shares while a Unit Trust issues units.
A Unit Trust offers diversification and professional management. Whether it is suitable for you depends on your risk tolerance and financial goals. Consider the fees and the fund's performance track record, and seek professional advice before investing.
Minimum initial investment amounts vary — most funds require at least S$1,000, with subsequent amounts from as low as S$100. Investments can be made via cash, CPF, or SRS. A Regular Savings Plan (RSP) is also available.
Yes, there are investment risks, including the possibility of losing part or all of your invested amount. Please seek professional advice before investing.
An RSP allows you to invest a fixed amount monthly into a fund of your choice, benefiting from Dollar Cost Averaging. You can set up an RSP via the Online Unit Trust Platform or through your Relationship Manager.
The monthly minimum is S$100 (in fund currency), though some funds may require a higher amount. There is no minimum RSP period.
Speak to our Relationship Managers to identify your risk appetite and investment goals. You can also browse our full range of funds on the Online Unit Trust Platform.
Yes, this is possible if the unit trust is distributed by Standard Chartered. Please contact your Relationship Manager or visit a branch to initiate the transfer (this service is not available on the Online Unit Trust Platform).
A nominal upfront fee of 1.5% applies. Promotional rates may vary. Please refer to the fund's product highlights sheet for full details on charges.
Cross-currency transactions are restricted — you will need a CASA account in the respective fund currency. You may open a Wealth Cash Account (multi-currency: SGD, AUD, NZD, EUR, JPY, USD, HKD, GBP, CHF, CAD, CNH) for this purpose.
Visit our Unit Trust product page for detailed FAQs. For further assistance, call 1800 242-5333 (local) or +65 6242-5333 (overseas).
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 5.85% p.a. Read more
Click here to view the full SC Online Trading Terms & Conditions (PDF)
Please refer to the relevant fund prospectus and product highlights sheet before investing. Unit Trust terms and conditions are available on the Unit Trust product page and through your Relationship Manager.
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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Find out moreDisclaimer: Investments
The content of this webpage does not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy. It has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice nor an investment recommendation. 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 an investment for you, taking into account these factors before making a commitment to invest in an investment. Investment products are not deposits and each of the investment products mentioned does not qualify as an insured deposit under the Singapore Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.
Disclaimer: Insurance Products
The content of this webpage does 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. It does not constitute an offer, recommendation or solicitation of an offer to buy or sell any insurance product or service, nor is it intended to provide insurance or financial advice. All insurance products described in this webpage are products of and underwritten by the respective insurers and not Standard Chartered Bank (Singapore) Limited. In facilitating insurance arrangements or in referring customers to the respective insurer(s), Standard Chartered Bank (Singapore) Limited is acting in alliance with the respective insurer(s) and not as an agent for customers. Standard Chartered Bank (Singapore) Limited shall not be liable in any manner whatsoever regarding your application or the contract of insurance. Additionally, in relation to life insurance, buying a life insurance policy is a long-term commitment. An early termination of the life insurance policy usually involves high cost and the surrender value payable (if any) may be less than the total premiums paid. These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).