Introducing USD High Account1, a unique account with transactional flexibility.
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At Standard Chartered Bank, we understand your need to maximise returns on your US Dollar deposits. We are pleased to present our new USD High Account that facilitates all your US Dollar transactions globally. This account earns you high interest without a need to maintain a minimum balance in your account. |
USD High Account also comes with a MasterCard debit card that acts as your global ATM card, granting you access to more than 1.7 million Cirrus ATMs worldwide. You will also receive attractive CashBack when you spend, anywhere around the world.
Benefits reserved for you
With your account:
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Earn a flat interest
rate of 1.45% p.a.2 on your balance from
the first dollar. |
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No minimum balance. |
With your Card:
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Get a flat CashBack rate of 2%2 when you spend. |
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Worldwide cash withdrawals at 1.7 million Cirrus ATMs. |
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Free atm5 network access and NETS payments in Singapore. |
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No annual fee. |
Best of all, enjoy the flexibility to withdraw cash or make payments in US Dollars and save on the foreign currency conversion.
Eligibility:
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Each applicant must be aged 21 years and above. |
Account Opening Requirement:
For Singaporeans and PRs:
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USD High Account Application Form duly signed |
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Copy of each applicant’s NRIC (front and back) |
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Each applicant is to provide an initial deposit – a cheque drawn from the applicant’s personal account in his/her name at another local or Qualifying Full Bank |
For Foreigners:
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USD High Account Application Form duly signed |
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Copy of each applicant’s Passport which is certified by Correspondent Banks (banks within Standard Chartered Bank Group) or lawyers or notary publics |
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Recent (<3 months) Original Utility Bill or Original Bank statement (e.g. Savings, Checking, Credit Card or personal Credit statement) of each applicant, reflecting each applicant’s residential address |
Common rates and charges for USD High Account are as follows:
| Minimum Initial Deposit |
Any amount |
| Minimum Amount To Earn Interest |
US$1 |
| Monthly Minimum Balance |
US$0 |
| Fall Below Fee |
US$0 |
| Transfer Fee |
US$0 |
| Account Closure Within 6 months |
US$20 or equivalent |
| Membership Fees |
US$0 |
| Loss of card/ Replacement card |
US$5 |
| Overseas ATM Cash Withdrawal |
- Waiver of Cirrus overseas ATM cash withdrawal fees for 1st withdrawal every month
- Subsequent withdrawals charged at
2% of withdrawal amount or a minimum
of US$5 (capped at a maximum of US$60)
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| NETS payment in USD |
US$0 |
| Cash Withdrawal in non-USD |
Foreign currency conversion rates applies |
| NETS payments in non-USD |
Foreign currency conversion rates applies |
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Additional Information:
To sign up for USD High Account, please speak to any of our Relationship Managers, or call our 24-hour Priority Banking Service Line at 1800 846 8000 today!
We will be pleased to assist you.
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