Up to 3.88% p.a. interest on your first S$100,000 deposit
Enjoy 1.3% p.a interest on your salary account
Earn up to 1.28%p.a. with no lock-in
Earn up to 2.00% p.a. without locking in your money
Earn up to 1.90% p.a. interest with minimum $25,000
Earn up to 2.50% p.a. interest on your USD Time Deposit today
Score unlimited cashback on all spend
Enjoy up to 3% cashback on your online buys with no minimum spend.
No min. spend, up to 10X Rewards Points for foreign currency spend & more
Earn 2.5 Reward Points for every $1 charged to your credit card
Go further with up to 3 miles for every dollar spent
Get cash the very next working day
Free yourself from higher interest payments
Save up to 83% on interest with extra cash.
Offset your loan interest from interest earned on deposits
Build your home with a bundle of perks
HDB Home Suite offers you more than just a home loan
Selling and buying your HDB flat
Select from over 300 funds
Select from over 60 currency pairs
Save with regular payments
Cover your hospitalization cost
Enjoy stress-free holidays
Enjoy 24-hour coverage against accidents
Protect your assets at home
Comprehensive Motor Insurance Plan
Coverage for medical costs
Save more for your children
Save more for your retirement
For future generations
A non-interest bearing account
An interest bearing account
An innovative pricing plan
MasterCard World Business Debit Card
Online banking designed for businesses
Financing solutions and trade services to help you grow
An unsecured term loan that offers up to S$300,000
Unsecured working capital for local companies
Get access to our global network across over 25 markets
Letter of Credit confirmation, bonds and other guarantees
Protect your business from currency fluctuations and rates
Protect the business assets which you have built
Enjoy stress-free travel with single trip or annual plans
Comprehensive protection for your car and car belongings
A range of investments customised for better returns
Choose from a variety of tenure and currency options
Learn more about our card services such as funds transfer, 0% interest instalment plan, etc.
Change the way you pay with your credit and debit card in-store, within mobile apps or online
Transfer funds online and enjoy attractive forex rates at zero remittance fees*
Get urgent help in case your card was lost, stolen or your PIN diclosed
Activate your Standard Chartered credit/debit card for local or overseas usage in 3 simple steps
Call our phone banking team hotline for immediate assistance
You are now leaving the Standard Chartered Bank (Singapore) Limited (“SCBSL”) website to access a third party website ("Third Party Website").
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.
Brush up on your financial literacy to make the most out of your investments
Six in 10 people believe that a lack of financial education is holding them back from reaching their financial goals. We debunk their top excuses.
In the recent Emerging Affluent Study 2018, more than half (52%) of the respondents across 11 countries stated that they are “very far” or “far” from achieving their first financial goal, be it setting aside an education fund for their children or starting their own business.
So why aren’t more people learning about investing? Here’s some of the top excuses we have heard and here’s why they just don’t cut it anymore.
Yes, there are varying degrees of risk when it comes to investing but risk is also linked to return. You are already saving your money, so why not make your savings work hard for you?
For conservative investors, go for endowment plans, some of which may have guaranteed returns. If you can stomach more risk, consider mutual funds, which invest in a wide range of assets, which are generally less risky than investing in single stocks.
Do you remember the days back in school when your parents encouraged you to study maths even though you found it really boring? In the same vein, you might not think that finance is the most exciting topic in the world but like maths, financial literacy is a must-have.
Financial calculators can help you simplify the process of calculating your investment returns, how much you need for your retirement or how much you need to save for your children’s education.
If reading long market reports turns you off, go for bite-sized summaries provided by banks and financial institutions. These can give you an overview of the market and a better idea of which geography and asset class to invest in.
Seeking help from a financial advisor, whether you are chatting online or face-to-face, can help to get you up to speed with the latest market updates.
Some people worry that they will need to spend a lot of time reviewing their investment portfolios. But checking too frequently may even lead to making some bad short-term decisions. Generally, a half yearly review may serve the needs of those with diversified portfolios across asset classes.
Still not convinced? Consider investing in mutual funds. These are professionally managed, taking the hassle out of the investment process, leaving you with more free time to spend with the people you love.
Many people are so worried about looking uninformed that they would rather not ask about investing at all. If you ask yourself these basic questions, you will be well on your way to starting your investment journey,
Want to learn more? Make an appointment with us today.
This article is for general information only and it does not constitute an offer, recommendation or solicitation to enter into any transaction. This article has not been prepared for any particular person or class of persons and it has been prepared without regard to the specific investment or insurance objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of a product for you, taking into account these factors before making a commitment to purchase any product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether the product is suitable for you. You are fully responsible for your investment decision, including whether the Online Trading service is suitable for you. The products/services involved are not principal-protected and you may lose all or part of your original investment amount.