What is Standard Chartered PrivilegeSaver and how to earn up to 6.30% p.a.?
On top of earning the base interest (0.05% per annum), the Standard Chartered PrivilegeSaver rewards you with bonus interest worth up to 6.30% p.a. on your savings for up to RM100,000 Monthly Average Balance in your Privilege Savings Account or Super Salary-i (Payroll)when you meet all the requirements below during the month.
Open to existing and new clients of the Standard Chartered PrivilegeSaver, here’s how you can earn the bonus interest:
- Earn 0.70% p.a. bonus interest: Deposit a minimum of RM3,000 to your Privilege Savings Account or Super Salary-i (Payroll)
- Earn 0.70% p.a. bonus interest: Spend a minimum of RM1,000 in eligible transactions with your Standard Chartered Credit Card
- Earn 0.70% p.a. bonus interest: Perform at least two (2) JomPAY bill payment transactions via your Privilege Savings Account or Super Salary-i (Payroll)
- Earn 2.00% p.a. bonus interest (for 3 months): Invest a minimum of RM10,000 in Online Unit Trust(s) by Standard Chartered
- Earn 2.15% p.a. bonus interest (for the first 6 months): Join Standard Chartered as a new Employee Banking client, or new to CASA, and deposit a minimum of RM3,000 fresh funds monthly
This campaign will end on 31 January 2027; terms and conditions apply.
Are there any fees that I should know about?
If you’d like to close your account within 3 months, there’s an RM15 fee, and if there’s a need for a paper statement, an RM1.50 fee will apply. Check out other fees.
What are the requirements for opening an account?
You must be 18 years of age to be eligible to open a Standard Chartered PrivilegeSaver. You will only need your IC (for Malaysians) and a valid Passport and Visa with a validity of not less than 6 months (for foreigners) to register. There’s no minimum deposit required to open an account.
Can I manage the account online?
Yes, you can. Your PrivilegeSaver is available online via Standard Chartered Online Banking or the SC Mobile App for the freedom to move your money as you see fit. It will also make tracking your transactions easy, both physically and online.
You can also opt for an e-statement rather than a hard copy for better access whenever you need it on all your devices.
