In the last couple of years, the Standard Chartered BonusSaver account’s maximum interest rate has been shaved off multiple time.

It works similarly to the OCBC 360 and DBS Multiplier accounts where you perform certain actions to earn higher bonus interest rates. One wouldn’t usually think of Standard Chartered for savings accounts - you’d usually go with one of the big three (DBS, UOB, OCBC) - but the BonusSaver is a good way to accumulate bonus interest too. Thanks to everything bad that’s happened in the last two years ( oh, the dark days!), thus affecting the economy, banks have been lowering their interest rates and Standard Chartered Bank (SCB) is no different. See all details How are Standard Chartered BonusSaver interest rates calculated? The multi-currency feature on Bonus$aver account gives you the freedom to shop globally online or offline with S$0 overseas transactions fee*, invest in global markets with just one account and enjoy competitive foreign exchange rates when converting currencies. Multi-currency feature: Access funds in up to 14 currencies with Bonus$aver account. for Standard Chartered debit or credit card spend, to 0.90% per annum for insurance purchase with Standard CharteredĬomplete transactions in your Standard Chartered Bonus$aver account from any of these 5 categories to earn bonus interest: Card Spend, Salary Credit, Bill Payment, Insure or Invest.īase interest will be calculated at the end of each day, and credited at the end of the monthīonus interest will be calculated at the end of each calendar month, based on the average daily balance of your SGD balances in your Bonus$aver account, and credited in the following month.

Standard Chartered Bonus$aver is a current savings account with a base interest rate of 0.01% per annum on your deposit amount (updated rates as of 1 October 2020)īonus interest rates range from 0.07% p.a.

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