Standard Chartered Bank is currently running a promotion on their eSaver account.
Topup your eSaver account by the end of this year and enjoy an additional 0.5% p.a. interest on your topup amount.
Here’s how it works.
If your account balance has:
- Less than $50k – the prevailing rate of 0.5% p.a. + bonus rate of 0.5% p.a. (on your topup amount) = 1% p.a.
- $50k to $199,999 – 0.88% p.a. + 0.3% p.a. = 1.18% p.a.
- $200k upwards – 1.0% p.a. + 0.3% p.a. = 1.3% p.a.
Another promotion going on is that you will receive a $30 shopping voucher if you set up a giro instruction transferring $500 (every month) to your eSaver account from your account in another bank. The giro form has to be submitted by end of September this year.