Standard Chartered Bank Step Up 12 months tenure Fixed Deposit up to 6% interest promotion is back until 31 October 2012.
Mid last
month SCB offered the same promo above; but it was only for a week and after it expired on the first round, they then announced the promo was extended the following week. This time round, at least
they inform us upfront that the promo will last more than a week and runs
till end of October 2012.
The average interest rate for the StanChart Up to 6% Step Up Fixed Deposit Promotion average out to be 4.01% which is pretty for 12 months tenure.
For those of you who are new to Step Up FD, the average Interest Rate of Standard Chartered Bank Step Up FD is calculated as follow:
