SCB eSaver Savings Promotion (Aug - Sep 2017)
Singapore Savings Account Rates blogspot dot com presents new update on Standard Chartered Bank eSaver savings accounts in Singapore today.
Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.
This e$aver Bonus Interest (1 August 2017 to 30 September 2017) Promotion (“Promotion”) is available for all e$aver, e$aver Kids! and World Partner Savings account(s) (“Qualifying Account(s)”) opened with Standard Chartered Bank (Singapore) Limited (the “Bank”).
See also:
HSBC Fixed Deposit Promotion
National Day Savings Promotion 2017
July 2017 Fixed Deposit Promotions
Highest Hybrid Singapore Savings Accounts 2017
High Yield Savings Accounts 2017
In addition to prevailing interest (“Prevailing Interest”) earned on your entire deposit balance in the Qualifying Account (“Deposit Balance”), you may earn bonus interest of 0.95% p.a. (“Bonus Interest”) on your eligible Incremental Balance (as defined below) if you deposit fresh funds* such that the Average Daily Balance (“ADB”) in the Qualifying Account for any calendar month during the Promotion Period is higher than the ADB for July 2017 (“Comparison Month”).
In this scenario, you will earn Bonus Interest on the difference between the ADBs (“Incremental Balance”). If the Incremental Balance in the same scenario is equal to or lower than the Comparison Month, you will only earn Prevailing Interest on the Deposit Balance.
Incremental Balance eligible for Bonus Interest is capped at S$1,000,000 per Qualifying Account. When the Promotion Period ends, you will continue to earn Prevailing Interest. Terms and conditions apply.
Thanks for reading Singapore Savings Account Rates.
The Team
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