Standard Chartered Bank is very aggressive in its acquisition of new depositors and is holding frequent roadshows at Plaza Singapura and other shopping malls in Singapore to promote its Bonus$aver account by giving away sign gifts to new customers. The current promotion runs from 1 June to 31 Aug 2014.
Depending on whether you sign up online or at a branch, you can walk away with a Fitbit Flex / American Tourister Luggage with minimum deposit of $3,000 or a Samsung Galaxy Tab 3 / American Tourister Luggage and $100 CashBack with minimum deposit of $50,000.
You just need to spend a minimum of S$500 per month on your Bonus$aver card and you will be rewarded with 1.88% p.a. on the first S$25,000 of your account balance or S$470 per year.
Not bad for a current account. First cheque book is free and subsequent ones are chargeable at S$15 each. Another point to note is that a minimum daily balance of S$3,000 is required. Otherwise, a fall below fee of S$5 will be charged.
Please refer to website for more details.
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