Last updated on 2021-05-19
No requirements to earn higher interest rates
High $5,000,000 deposit limit
Only applicable for customers that are 55 years old and above
Low 0.05% p.a. interest rate on first $50,000 deposit
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Effective interest rates from 6.50% p.a.
Tenure of up to 7 years
Up to $3,000 Cashback
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Interest | |
---|---|
First $50k | 0.05% p.a. |
Next $950k | 0.10% p.a. |
$1m to $5m | 0.30% p.a. |
Enjoy interest rates of up to 0.30% p.a. with the MyWay Savings Account with no lock-in period
Maximum effective interest rate of 0.26% p.a. for deposits of $5,000,000
Flexibility to withdraw your money anytime
Applicable for customers that are minimum 55 years of age
Fall-below fee of $10 per month if average daily balance falls below $50,000 for any particular month
Privileges on dining, travel, lifestyle and healthcare with MyWay debit card
Access to comprehensive income generating wealth solutions
Privileged access to healthcare services such as dedicated medical concierge, home care and health screening
Click here to go to Standard Chartered website for more details