Standard Chartered BonusSaver Account review: 1 of the higher interest rate bank accounts out there

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Technically called the Standard Chartered Bonus$aver Account, not Bonus Saver, the account name says it all — a bonus for savers. In fact, this current account is one of the higher interest rate bank accounts out there — even higher than any fixed deposit rates and certainly offers the highest interest rate of all Standard Chartered savings accounts. I admit,...

You’ll have to charge your retail spend to a Bonus$aver World credit or debit card to earn this bonus interest, as well as spend at least $2,000 to earn the 0.41 per cent p.a. interest, which is the second highest interest rate tier that you can earn.Invest in an eligible unit trust through SCB with a minimum investment amount of $30,000

It’s definitely for the mid-career professional leading a comfortable lifestyle. To hit the total of 2.38 per cent p.a. interest rate, you’ll have to hit all the categories. Particularly, if you’re unable to invest or insure with Standard Chartered, and can only meet the requirements of the remaining categories, you’ll only earn 0.58% p.a.where you can calculate how much you can earn.

 

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