StanChart’s new e$aver promo is out for December 2024, and rates have slipped quite a bit to under 3% p.a. Recently, StanChart has started to introduce 2 different promos, and this is also the case for this month.
2.85% p.a. for fresh funds in December 2024 and January 2025
For the longest time, e$aver has given bonus interest for 2 months on fresh funds compared to the month that has just ended. This is still happening for the months of December 2024 and January 2025 where fresh funds – compared to the account balance of November 2024 – will get bonus interest of 2.80% p.a. on top of the base interest of 0.05% p.a.
If you have an average account balance of S$20,000 in the month of November 2024 and maintain an average account balance of S$100,000 for the months of December 2024 and January 2025, you can expect the following:
|
November 2024
(reference month) |
December 2024 |
January 2025 |
| Average Account Balance |
S$20,000 |
S$100,000 |
S$90,000 |
| Fresh Funds
Compared to November 2024 |
N/A |
S$80,000 |
S$70,000 |
| Base Interest
0.05% p.a. |
Applies on S$20,000 |
Applies on S$100,000 |
Applies on S$90,000 |
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