Standard Chartered
My Dream Account
Savings accounts for kids.
Interest Rate: |
7.95% |
Monthly Withdrawal Limit: |
4 transactions |
Withdrawal Limit Penalty: |
Forfeit interest |
Cheque Lodgement: |
Allows cheque lodgement |
Last Updated: |
May 08, 2026 |
Product Review
Expert Take
Standard Chartered My Dream Account scores 3.8 out of 5, led by strong minimum opening deposit. The main tradeoff is interest rate/apy.
| Rating Criteria | Product Value | Score |
|---|---|---|
| Interest rate/APY | 7.950% | 2.8/5 |
| Minimum opening deposit | NGN 0.00 | 5.0/5 |
| Withdrawal limits per month | 4 per month | 3.9/5 |
| Cheque lodgement | Allowed | 5.0/5 |
| Fees | NGN 2,100.00 | 3.3/5 |
Review Summary
This My Dream Account from Standard Chartered has received a rating of 3.8 out of 5 stars. Key advantages include 2 notable benefits. However, there is 1 consideration to be aware of.
Pros
- minimum opening deposit
- cheque lodgement
Cons
- interest rate/apy
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