| Deposit Balance | New interest rates from 4 August 2008 |
| Less than S$50,000 | 0.50% p.a. |
| S$50,000 to S$199,999 | 0.88% p.a. |
| S$200,000 & above | 1.00% p.a. |
No catch! Its a good 'normal savings account'
Advantage
- Good interest rate!
- No lock in period, you can withdraw the money any time you want
- For below $50,000 its better than Maybank's Isavvy
- No bank book, everything is done online
- Cannot draw money over the counter, but if you want they will charge $5
- Maximum internet bank transfer of $10,000 per day. But i guess this is a lot for most people
- For above $50,000 Maybank's Isavvy is better
More information can be found at : http://www.standardchartered.com.sg/
Promotion ( Till 31 Dec 2008 )
For more info : http://www.standardchartered.com.sg/deposits/esaver_bonus_interest/index.html
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