Standard Chartered Bank Deposits New Year Promotion
We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.
Standard Chartered Bank Deposits New Year Promotion:
Kick-start your prosperity in this Year of the Horse.
Get a high 1% p.a. interest rate on your savings with a 7–month Time Deposit.
Get gifts of gold* for a more prosperous start to the New Year.
Standard Chartered Bank Deposits New Year Promotion Terms and Conditions:
This 7–Month Singapore Dollar Time Deposit Promotion is available from 26 December 2013 to 15 January 2014 (both dates inclusive) ("Promotion Period") to all customers who are individuals.
To qualify for this Standard Chartered Bank Deposits New Year promotion, you must place a minimum of S$25,000 fresh funds into the 7-month Singapore Dollar Time Deposit account during the Promotion Period. The promotional interest rate of 1% p.a. is only applicable if the Time Deposit is held until maturity and penalty charges may apply for early withdrawal.
Any renewal upon maturity of the Time Deposit at the option of the account holder will be based on the Bank's prevailing SGD Time Deposit board rate for the same tenor.
The Bank reserves the right to withdraw or revise this Standard Chartered Bank Deposits New Year Promotion at any time without prior notice. Our Customer Terms and Current/Cheque/Savings Account and Time Deposit Terms apply.
*This Gold-Plated Horse Medallion and Horse Medallion Coin Set Gift Promotion ("Gift Promotion") is available during the Promotion Period. One (1) 24K Gold-Plated Year of the Horse Medallion (diameter of 40.7mm) ("Medallion") will be given for every S$58,000 of fresh funds* placed into the Time Deposit during the Promotion Period.
For Time Deposit accounts held in joint names, only one (1) Medallion will be given for every S$58,000 of fresh funds* deposited in such account. One (1) 24K Gold-Plated Year of the Horse Prosperity Coin Set ("Medallion Set") will be given for every S$108,000 of fresh funds* placed into the Time Deposit during the Promotion Period.
For Time Deposit accounts held in joint names, only one (1) Medallion Set will be given for every S$108,000 of fresh funds* deposited in such account. A customer who is eligible for both the Medallion and Medallion Set ("Gifts") will be entitled to a choice of either Gift.
Each customer is limited to a maximum of 10 Medallions and 5 Medallion Sets. The Gifts are available on a first-come-first served basis, while stocks last. The Gifts are not exchangeable for cash or any other items. A redemption letter will be issued to eligible customers to redeem the Gift at a later date. By participating in this Promotion, you agree to be bound by these terms.
*Fresh funds refer to funds not originating from any existing account with the Bank and funds that are not withdrawn and re–deposited within the last 30 days.
Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.
Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.
Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.
The Team
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