Standard Chartered
Savings Account
Naira-denominated savings accounts for individuals. Forfeiture of interest where there are more than 4 withdrawals in any month.
Interest Rate: |
8.10% |
Monthly Withdrawal Limit: |
4 transactions |
Last Updated: |
Feb 18, 2026 |
Product Review
Expert Take
Standard Chartered Savings Account scores 3.5 out of 5, led by strong minimum opening deposit. The main tradeoff is withdrawal limits per month.
| Rating Criteria | Product Value | Score |
|---|---|---|
| Interest rate / APY | 8.100% | 2.9/5 |
| Minimum opening deposit | NGN 0.00 | 5.0/5 |
| Withdrawal limits per month | 4 per month | 1.4/5 |
| Cheque lodgement | Not available | 2.0/5 |
| Fees | NGN 0.00 | 5.0/5 |
Review Summary
This Savings Account from Standard Chartered has received a rating of 3.5 out of 5 stars. Key advantages include 2 notable benefits. However, there are 2 considerations to be aware of.
Pros
- Strong minimum opening deposit
- Strong fees
Cons
- Watch for withdrawal limits per month
- Watch for cheque lodgement
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Updated 1 month, 4 weeks ago