Standard Chartered Bank launches new savings account Unlimited$aver

It unlocks up to 5% cashback on Unlimited Credit Card spend with funds deposited into the Unlimited$aver account.

Standard Chartered Bank has launched Unlimited$aver, a savings account linked to the Standard Chartered Unlimited Cashback Credit Card (Unlimited Credit Card) that unlocks higher cashback of up to 5% on Unlimited Credit Card spend with funds deposited into the Unlimited$aver account.

The Unlimited$aver account was also built off survey results from early 2019. The survey found that nine out of 10 respondents were willing to deposit money into a savings account to enjoy higher cashback on their credit card spend with 93% of existing Unlimited Credit Cardholders showing interest in the proposition.

The Unlimited Credit Card includes a 1.5% cashback with no cap or minimum spend.