Standard Chartered Fixed Deposit Promotion

Standard Chartered currently offers promotional interest rates on their SGD and USD time deposits.

Standard Chartered SGD Time Deposit Promotion

FD Promotional Offer

Place a minimum of S$25,000 in the bank’s SGD Time Deposit and earn interest at promotional rates of up to 1.88% p.a.

FD Promo Tenure

The tenure for this promotion is 8 months.

FD Promo Highlights

  • For a placement amount that is at least S$25,000 for 8 months, you can earn interest at 1.78% p.a.
  • If you are a Priority Banking customer during the promotional period, then you will be able to enjoy a preferential rate of 1.88% p.a.

Terms and Conditions

  • The funds must be transferred from outside Standard Chartered Bank.
  • In addition, funds withdrawn from an existing Standard Chartered account and deposited again within the last 30 days of opening the FD will not be accepted.
  • The promotional interest rates will not apply in the case of premature withdrawal.
  • The interest paid to you may be taken back by the bank if the deposit is withdrawn before maturity of the FD.
  • Your accounts with Standard Chartered, if any, must not be cancelled, terminated, or suspended.
  • If you opt to renew the FD upon maturity, it will be subject to the prevailing board rate.
  • If you stop being a priority banking customer during the tenure, the interest paid to you at the preferential rate will be taken back.

Standard Chartered USD Time Deposit Promotion

FD Promotional Offer

Place a minimum of USD5,000 in the bank’s USD Time Deposit and enjoy interest at promotional rates of up to 2.5% p.a.

FD Promo Tenure

To be eligible for the promotional rate, you must place the amount for 8 months.

FD Promo Validity

Both of these promotional offers end on 31 January 2019.

FD Promo Highlights

  • For a placement amount of at least USD5,000 for 8 months, you can earn interest amount at 2.4% p.a.
  • If you are a Priority Banking client, Private Banking client, or a Priority Private client of Standard Chartered, then you will be eligible for a preferential interest rate of 2.5% p.a. on this deposit.

Terms and Conditions

  • The funds you deposit in the USD FD must not be transferred from existing Standard Chartered Bank accounts.
  • Besides, funds withdrawn from an existing Standard Chartered account and deposited again in the last 30 days of opening the USD FD will not be accepted.
  • The promotional interest rates will not apply in case of premature withdrawal.
  • If your time as a Priority Banking client, Private Banking client, or a Priority Private client ends during the tenure, the interest paid to you at preferential rate will be forfeited.
  • The interest paid to you may be taken back by the bank if the deposit is withdrawn before the maturity of the time deposit.
  • If you want to renew the FD upon maturity, it will be subject to the prevailing USD FD board rate.
  • Your accounts with Standard Chartered, if any, must not be cancelled, terminated, or suspended.

Don’t wait till the last day. Deposit the minimum placement amount at the earliest so that you can secure the promotional interest rates. Increase your savings by simply depositing your money in the bank for 8 months.

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