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Jul 1, 2010

Standard Chartered Bank eSaver Rates

Standard Chartered Bank eSaver Rates

Singapore Savings Account Rates presents Standard Chartered Bank eSaver Rates.

Standard Chartered Bank eSaver Rates are shown for information. Before you consider investing cash in stocks, shares, bonds, unit trusts or other banking products, ensure that you re-confirm the savings account rates with bank concerned.

Standard Chartered Bank eSaver Rates are subject to change without notice at the absolute discretion of the respective bank.


Standard Chartered Bank eSaver Rates

(All Rates in % per annum)
Deposit Balance | Prevailing Rate | Bonus Rate (top-up) Total Interest

Less than $50K = 0.2, 0.8, 1.0
$50K to less than $200K = 0.3, 0.7, 1.0
$200K and more = 0.4, 0.6, 1.0

Top up your eSaver account from now to 31 July 2010 to get an interest rate of 1% p.a. on your top-up amount.

Terms and Conditions of Standard Chartered Bank eSaver Rates

1. The e$aver bonus interest Campaign (“the Campaign”) is valid from 1 June 2010 to 31 July 2010, both dates inclusive, and only applies to fresh funds that are placed with Standard Chartered Bank (“the Bank”) during the afore-mentioned period. Fresh funds refer to funds that do not originate from any existing account with the Bank.

The Campaign applies to the following accounts: e$aver, e$averKids! and World Partner Savings accounts not under the Family Savers Program but excludes all accounts held by staff of the Bank (collectively, “Qualifying Accounts”).

2. The Bonus Interest payable is calculated based on the value of the increase in the average daily balance (“ADB”) above the ADB of the comparison month (the “Top up amount”). The comparison month is May 2010 for existing customers and June 2010 for new customers. The Bonus Interest will be paid only on the Top up amount.

3. The Bonus Period is: a. 1 July 2010 to 31 July 2010 for new customers who open Qualifying Accounts during the month of June 2010 only; and b. 1 June 2010 to 31 July 2010 for all existing customers who hold Qualifying Accounts.

4. The Bonus Interest Rate is added to the prevailing e$aver Interest Rate to obtain the Total Interest Rate on the Top up amount (please refer to the table below for an illustration). The Total Interest Rate on the Top up amount is then applied to the Top up amount to obtain the Bonus Interest.

5. The Bonus Interest is earned from the day of placing the Top up amount. The Bonus Interest will be calculated at the end of the calendar month and credited on the first working day of the next calendar month.

Check with bank for more terms and conditions.

Thanks for reading Singapore Savings Account Rates, where we bring you the latest and best selected Singapore savings account rates.

The Team
Singapore Savings Account Rates.

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