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Stanchart Bonus Saver Account Review – Good for higher spenders?
By Beansprout  •  March 30, 2023

What happened?

The Standard Chartered (Stanchart) Bonus Saver (Bonus$aver) account offers an interest rate of up to 7.88% p.a.  But the bigger question is, how much effort does it take? Is 7.88% the realistic number to look at?  Once again, let me use simple math and show you how much interest you can get with the Stanchart Bonus Saver account

Stanchart Bonus Saver (Bonus$aver) account review

Similar to other local banks, this deposit account requires you to fulfill certain requirements before you can earn an interest rate of up to 7.88% p.a. The requirements include the difficult (or dreaded) categories – Invest and Insure. If you noticed, the estimated monthly card spending is also on the higher end. To give you a better summary, I went to read the fine print in detail. Let me share what I like and dislike about this deposit account in the next section....
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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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