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Anonymous

17 Feb 2026

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Hi everyone, I am planning to transfer all my money out of Standard Chartered Jumpstart Account. I am 28 this year, are there any penalties or account closure after 30 days of keeping $0 inside? TQ

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Citee Hong

15d ago

Please check with bank

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I.L.

18d ago

Double check with the bank is the best. If there is a fee, they will definitely let you know.

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Jinsha

21d ago

Need to ask bank directly...

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Hi, I'm 28 years old, planning to put my money somewhere instead of bank. Should I do short term endowment plan (10 to 20 years) or long term (until 100 years of age)? Or retirement plan? Thank you?

About the standard chartered jumpstart account, it's 2% interest p.a right? Meaning if I have 20k in my account I'll get 400$ for the year that will be split up and credited monthly into my account?

I recently opened an SC jumpstart account, but I'm looking to study overseas in 2021 which requires more than $15k. Should I transfer this money into the SC account now or keep it in my current DBS account?

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