Is the SC Bonus$aver Account SDIC-insured?

Yes. The SC Bonus$aver Account is SDIC-insured up to S$100,000 per depositor per member bank.

SAVINGS / Standard Chartered Bank (Singapore)

SC Bonus$aver Account

Q: What is the interest rate on the SC Bonus$aver Account?

The SC Bonus$aver Account pays a base rate of 0.05% p.a., up to 5.85% p.a. with bonus tiers. Prevailing 0.05% p.a. on entire balance. Bonus on first S$100,000: Salary credit 0.90% (S$3,000+), Card spend 0.90% (S$1,000+), Invest 1.50% (S$30,000, 6 months), Insure 2.50% (S$24,000 premium, 6 months). Max total 5.85% p.a. (Salary+Spend+Invest+Insure). Rates revised 1 Jan 2026 (from 7.05%) and 1 May 2026 (Invest cut to 1.50%). Verified 4 Sept 2026 against the official Standard Chartered Bank (Singapore) website.

Standard Chartered Bank (Singapore) · Singapore · Verified 4 Sept 2026

BASE RATE

0.05% p.a.

MAX RATE (ALL TIERS)

5.85% p.a.

BALANCE CAP

S$100,000 (bonus interest on first S$100,000 eligible deposit balance)

■ BONUS TIER REQUIREMENTS

Salary credit REQUIRED — min S$3000/mo

Card spend REQUIRED — min S$1000/mo

Bill payments (GIRO) NOT REQUIRED

Insurance / investments via bank REQUIRED

SDIC insured YES — S$100,000 per depositor per member bank

Minimum balance none (interest from first dollar)

HOW THE RATE WORKS

Prevailing 0.05% p.a. on entire balance. Bonus on first S$100,000: Salary credit 0.90% (S$3,000+), Card spend 0.90% (S$1,000+), Invest 1.50% (S$30,000, 6 months), Insure 2.50% (S$24,000 premium, 6 months). Max total 5.85% p.a. (Salary+Spend+Invest+Insure). Rates revised 1 Jan 2026 (from 7.05%) and 1 May 2026 (Invest cut to 1.50%).

SOURCE

https://www.sc.com/sg/save/current-accounts/bonussaver

Standard Chartered Singapore official Bonus$aver page (salary 0.90% S$3,000, card spend 0.90% S$1,000, insure 2.50% S$24,000, invest 1.50% S$30,000, max 5.85% p.a., prevailing 0.05%) + sc.com/sg/important-information/revision-of-bonusaver-account (1 Jan 2026 revision table)

Verified 4 Sept 2026. Rates change — always confirm on the official site.