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Standard Chartered Wealth $aver Account

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Interest RateUp to 5.00% Image
Min. Deposit $3,000 Image

Last updated on 2024-05-01

Standard Chartered Wealth $aver Account Review

Pros Pros

Potentially high interest rates

Cons Cons

Only for Priority and Private banking customers

Bonus interest only if you invest or insure with Standard Chartered

Most likely an interest rate of 1.50++% p.a. if you dont insure or invest with Standard Chartered

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Deposit Details Stan Chart Wealth $aver Account Interest Rates

AUM Interest
Below $200k 0.05% p.a.
$200k to <$1.5m 1.50% p.a.
$1.5m & above 2.50% p.a.

 

Enjoy a high interest of up to 5.00% p.a. (up to 2.50% p.a. base interest + 2.50% p.a. Wealth Bonus interest) on your first $500,000 deposit

Assets under management refer total deposits, inestments and insurance with Standard Chartered Bank

Receive 2.50% p.a. Wealth Booster Bonus interest with new purchase of Eligible Investments (min. S$200K) or Eligible Insurance (min. S$20K) within a calendar month

Minimum average daily balance of $3,000

For Priority Banking or Priority Private relationship customers

Indicated interest rates shall only be applicable to the first S$500,000 in the Account when corresponding AUM (Assets under management) threshold is met and client have a Priority Banking or Priority Private relationship with Standard Chartered Bank. For all amounts exceeding S$500,000 or if you do not meet all relevant criteria, your applicable interest rate shall be 0.05% p.a.

Account comes with Wealth $aver metal debit card which awards unlimited 1% cashback

Join Standard Chartered Bank Priority Banking and receive up to $9,000 cash reward

 

Click here to go to Standard Chartered website for more details

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