Personal Finance
Standard Chartered JumpStart offering up to 2.5% p.a. interest. Best for students?
By Beansprout  •  March 5, 2023
  • The Standard Chartered (SC) JumpStart Account is a no-frills savings account offering an interest rate of 2.00% p.a. for the first $50,000 of deposits. You will earn an extra 0.50% p.a. step-up interest if you invest.
  • There are few requirements to earn the interest rate of 2.00% p.a. on the first $50,000. You will earn an interest of 0.10% p.a. for deposits above S$50,000.
  • The SC JumpStart Account offers the highest interest rates for deposits of up to $50,000 amongst entry-level savings accounts in Singapore.
  • To open an account, you need to be aged between 18 to 26 years old. Existing account holders that are over 26 years of age can still retain the SC JumpStart Account.
What happened? Standard Chartered (SC) JumpStart is now offering an interest rate of up to 2.5% p.a. for the first S$50,000 of deposits. The maximum amount of deposits to earn the interest rate of up to 2.5% p.a. has been raised from S$20,000 previously....
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.

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