Start a Priority Banking Relationship with us and receive welcome gifts of up to S$19,000 in value+!
Wealth Booster Promotion: Earnup to 1.50% p.a. bonus interest for 6 months when you invest (min. S$200K) or insure (min. S$20K) in one of the eligible products within a calendar month, T&Cs apply Top Up Promotion: Earnup to 1.00% p.a. bonus interest for 3 months when you top up fresh funds of min S$200K, T&Cs apply.
Valid until 31 Jul 2025 - See more details below
Are you eligible?
Must invest and/or insure with SCB to be eligible for the Wealth Booster Promotion
Top up S$200K fresh funds to be eligible for the Top Up Promotion
Promotions are only valid for Primary Holders of the account
What you need to know
Purchase an eligible insurance policy with a min. annual premium of S$20,000
Subscribe and settle for min 1 Eligible Unit Trust, Bonds or Structured Products with a Total Amount of min S$200,000
Average daily balance must be min S$200k more than original balance for top up promotion
T&Cs
Quick Facts
Base Interest Rate
0.05% p.a.
Bonus Interest Rate
Up to 4.00% p.a. for first 6 months on the first S$1mil deposit balance
All Details
Get up to 4.00% p.a. interest on the first S$1mil deposit balance
Earn Unlimited 1% Cashback on your Wealth $saver Debit Card. No min spend and no cashback cap.
Enjoy S$0 Overseas Transaction Fee on your foreign currency spend
Multi-currency feature that enables you to transact in up to 14 currencies
Convert at attractive FX rates
As a Standard Charted Priority Banking Client, enjoy the below privileges
Dedicated Relationship Management team, supported by Investment Advisors, Insurance Specialists and Treasury Specialists
Gain access to the smart investment tools to manage your investment conveniently and holistically to help keep your financial goals on track
Exclusive privileges and lifestyle benefits, such as complimentary Hotelux Elite Membership (worth US$129) and up to 16% off fuel savings
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Citizenship Status
Singaporeans, PRs, and Foreigners
Minimum Initial Deposit
S$200,000
Minimum Average Monthly Balance
S$200,000
Fall Below Fee
S$5, waived for Priority Banking clients. S$3,000 from 2nd month after account opening
Monthly Account Fee
S$2, waived for Priority Banking clients
Incidental Overdraft Charge
Prime +5%, minimum S$5
Cashback Rate
1% Cashback on Debit Card spends
Base Interest p.a.
Up to 1.50% p.a.
Max. Interest p.a.
Up to 4.00% p.a.
Up to 1.50% p.a. (Priority Banking Relationship-based Interest Rate) + Up to 1.50% p.a. (Wealth Booster Promotion) + 1.00% p.a. bonus interest on incremental fresh funds
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