Standard Chartered has launched a high interest ‘everyday account’ that provides customers an opportunity to earn a 3 per cent per annum return on their deposit balances.

The ‘Bonus Saver’ account combines benefits of a fixed deposit and a transactional account. Customers can transact freely and earn high rate of returns on the same account, said a statement.

The account holders can make payments, remittances, and manage their finances using Standard Chartered’s online banking platform and Breeze, the bank’s innovative mobile banking application.

Khalid El Gibaly, regional head of consumer banking, UAE and Middle East, said: “The Bonus Saver account was designed to match the various spending and savings behaviours and needs of our UAE customers. It offers a unique and unmatched proposition to earn high return on an ‘everyday account.’” - TradeArabia News Service