Standard Chartered Bank (“the Bank”) introduces its all-new MyWay Savings Account (“MyWay”), tailored for clients aged 55 and above, today. With an interest rate of up to 3% and no lock-in period, it ...
Bank’s scam prevention effort seek to protect the hard-earned life savings of seniors in Singapore. Read more at straitstimes ...
Standard Chartered Bank has launched a new savings account, MyWay, aimed at customers aged 55 and above, offering up to 3% interest.
The concept was introduced in Singapore by local bank OCBC in 2022 after it lost $16.2 million in a series of phishing scams.
The digital scam insurance will be free for the first year and covers up to S$50,000 for fraudulent transactions arising from phishing and malware scams.
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