Money Lobang

Standard Chartered Bonus$aver Current Account

like-icon 34 people like this
Rating: 4.2/5.0 (5 Reviews)
Interest RateUp to 7.88%
Min. Deposit $3,000

Last updated on 2023-09-02

Standard Chartered Bonus$aver Current Account Review

Pros

Potentially high interest rate

Cons

Bonus interest rates subjected to credit salary, insure, invest, pay bills and credit card spend

High minimum spend of $2,000 on credit card for 2.05% p.a. bonus interest

More realistic effective interest rate of 4.13% p.a. if you don't insure, invest and spend $2,000 a month

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Deposit Details Stan Chart Bonus$aver Account Interest Rates

The minimum average daily balance is $3,000 falling below which will incur a fee of $5

Account comes with a free cheque book

 

Deposit Interest Rates Stan Chart Bonus$aver Account Interest Rates Computation

  Interest
Base Interest 0.05% p.a.
Credit Cards Spend 2.00% p.a.
Credit Salary 2.50% p.a.
Insure $12k 1.50% p.a.
Invest $30k 1.50% p.a.
Pay 3 Bills 0.33% p.a.
Total 7.88% p.a.

 

Earn 2.00% p.a. bonus interest on your savings with a minimum spend of $2,000 per month on your Bonu$aver World MasterCard Credit Card or Debit Card

Or earn 1.25% p.a. bonus interest on your savings with a minimum spend of $500 per month on your Bonu$aver World MasterCard Credit Card or Debit Card

Earn 2.50% p.a. bonus interest when you credit a minimum of $3,000 monthly salary into your Bonus$aver account

Earn 1.50% p.a. bonus interest when you invest in an eligible Unit Trust with a minimum subscription sum of $30,000

Earn 1.50% p.a. bonus interest when you purchase an eligible Insurance Policy with a minimal annual premium of $12,000

Earn 0.33% p.a. bonus interest when you make 3 eligible bill payments of at least $50 each via Giro or online banking

Earn prevailing base interest of 0.05% p.a. on your savings in months that you don't meet the $500 spend requirement on all savings below $200,000

Earn up to 7.88% p.a. bonus interest on first $100,000 average daily balance for the month

Enable Multi-Currency feature to access 14 currencies with $0 overseas transaction fees

 

Deposit Account Promotinos Stan Chart Bonus$aver Account Promotions

From now till 31 Aug 2023, apply for a new Bonus$aver account and Bonu$aver World MasterCard Credit Card and deposit and maintain a minimum of $50,000 in fresh funds to receive $188 cashback or Samsonite Levack Spinner 55/20 worth $511

 

Click here to go to Standard Chartered website for more details

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5 Reviews
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Rating:
4.2/5.0 (5)
4.2/5.0 (5)
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Standard Chartered Bonus$aver Current Account Review

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