With two substantial interest rate cuts in 2020 alone, you may be wondering if the … Likewise, StanChart will cut its interest rate for JumpStart - a savings account for young people between 18 and 26. Credit Cards. Guide. This thread is archived. Standard Chartered Bank JumpStart New Account Promotion on SC Online Trading Terms and Conditions (“Promotion T&Cs”) 1. StanChart JumpStart’s interest rate is cut to 0.4% as of 1 Jan 2021. That said, for a hassle-free savings account, 0.4% is not something to be scoffed at. Posted by. To apply for a JumpStart account online with MyInfo, To apply for a JumpStart account at any of our branches, you need to have these documents ready. All Credit Cards Comparison. interest rate No fees and minimum deposit balance required And when will I receive it? Standard Chartered Bank recently launched the JumpStart Savings Account which is only applicable to persons age between 18 to 26 years of age. If you close your JumpStart Account before the end of the month, prevailing interest will be paid up to the day before account closure. Since the shares that you purchase are not deposited into CDP, Standard Chartered Equities Account is obviously not compatible with CPFIS or SRS. JumpStart is a savings account that has a Cashback debit card (which is a Mastercard debit card linked to the account). Cards. Perform transactional requests like updating of personal particulars, request for chequebook etc. Monthly cashback is capped at S$60 per account (which is linked as the primary account to the Cashback debit card). Eligibility 2. on your first S$20,000. Your session on Standard Chartered Online Banking has timed out for security reasons. interest for account balances up to S$20,000, all year round. I used to be a happy owner of my Standard Chartered Jumpstart account, back when it had 2% interest rate.But now that it has halved, I had to look for alternatives.Luckily, insurance savings policies (such as ELASTIQ) were rising in popularity.Outside of Singlife’s 2.5% which many people already religiously swear by, I still needed to store my excess cash outside of $10,000 somewhere. No minimum spends. If you do not have a registered email or if your email address is not unique, you may login with your Straight2Bank User ID. The JumpStart account brings gives young people a chance to jump-start on their finances with: 2% p.a. Withdraw your cash easily from our extensive network of ATMs plus get access to cash at over 1000 merchants, including 7-Eleven, with our mobile banking app. Important Notice: There will be changes to the prevailing interest rate for JumpStart effective 1 January 2021. for your USD with no lock in. (EIR from 6.95% p.a. It will take another few working days for your debit card to arrive via mail. Straight2Bank supports login via your registered email. Standard Chartered JumpStart is a high yield savings account with little requirements. online or via SC Mobile app anytime, anywhere. To open a JumpStart account, you must be between 18 years old and 26 years old (each inclusive) at the time that you apply for the account. There is more than one reason why the Standard Chartered Demat Account is extremely popular amongst the investors. To access your accounts, please login again. share. (Err Code:1624) New to online banking? for the first S$20,000 account balances (0.10% thereafter) No fees, no lock-ins, no requirement for salary crediting, no minimum balance Free … No, there is no annual fee for the Cashback debit card. If you do not have a registered email or if your email address is not unique, you may login with your Straight2Bank User ID. 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