If anyone’s counting, this is incidentally the 3rd time I’m reviewing one of StanChart’s banking accounts. The first two didn’t fare too well, but this one is a little different, and you would want to pay attention if you are between the age of 18 to 26.
Features Sometimes, the best things in life can be summed up very simply: 2% pa on up to $20,000 of savingsNo salary crediting, card spend, or any other requirement needed, aside from being 18 to 26 at the time of account openingDebit card with 1% cashbackNo fees It seems like someone at Standard Chartered looked at the multitude of accounts that require salary crediting and card spending, and decided – rather accurately – that there were a category of people who couldn’t meet such requirements: young people. 2% pa rate on $20,000 is an excellent rate for something that has no lock-in...