【Compare bank accounts 2023】Standard Chartered Bank Account Comparison

Standard Chartered Bank offers four different types of accounts for customers to choose from: Easy Banking, Premium Wealth, Priority Wealth, and Priority Private Wealth. Each of these accounts has different requirements and benefits. 

Easy Banking has the lowest entry requirements among the four accounts. There is no minimum salary or deposit requirement, making it ideal for students, homemakers, or recent graduates. It is also easy to apply, as you can apply through the SC Mobile app and receive up to $300 cash reward. 

To receive the $300 cash reward, you need to follow these steps:

1. Deposit $5,000 or more into your new account during the promotion period, and maintain a balance of $5,000 or more until the specified date to receive a $100 cash reward.

2. As a new customer, receive $100 cash reward by opening an Easy Banking account through the SC Mobile app.

3. Complete two of the following activities through the SC Mobile app: (1) fast fund transfer, (2) bill payment, (3) opening a high-interest current deposit account, (4) opening a time deposit account, (5) any foreign exchange transactions, to receive a $100 cash reward.

If you have a monthly salary of $20,000 or more and want to receive better welcome offers, you can consider applying for SC Premium Wealth. There is no minimum deposit requirement. The welcome offer includes up to $900 cash rebate or 90,000 Asia Miles, and you can receive an additional $900 cash rebate if you reach a total balance of $200,000 or more and deposit $80,000 within the specified time.

If you have a monthly salary of $80,000 or more and a deposit of $1 million, you can apply for Priority Wealth. The welcome offer includes up to $22,000 cash rebate or 220,000 Asia Miles. 

1. Receive $4,000 cash rebate by depositing $1 million in new funds.

2. Receive $3,000 cash rebate or 30,000 Asia Miles for each additional $1 million in new funds, up to a maximum of $22,000 cash rebate or 220,000 Asia Miles.

If you have $8 million in funds but no income, you can apply for Priority Private Wealth. You can receive up to $28,000 cash rebate by depositing $8 million into the account and maintaining it until the specified time. 

1.What are the features of Standard Chartered Bonus Payout Account?

By opening a Bonus Payout Account, you can enjoy the following benefits:

1. Cash rebate: Receive up to $2,000 cash rebate for Priority Wealth, Priority Private Wealth, and Premium Wealth customers, and $200 for Easy Banking customers.

2. Up to 2% annual interest rate: Receive up to 2% interest rate for daily balances of $200,000 to $500,000.

3. Zero-fee fund purchases: Enjoy zero fees when purchasing funds through online wealth management or the SC Mobile app.

4. Provident fund services: Choose from a variety of funds, including stock funds, bond funds, mixed asset funds, guaranteed funds, ESG funds, and money market funds through Standard Chartered Bank's partners.