Standard Chartered savings rates — compare every account, plus switch offers and guides

Who they are

Standard Chartered is a British multinational bank with operations in wealth management, corporate and investment banking, and treasury services. Its roots go back further than you might expect - the group has a history in the United Kingdom since 1853, and the bank was formed in 1969 through the merger of two separate banks, the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China.

Despite the London address and the FTSE 100 listing, Standard Chartered is not really a bank for everyday UK savers. It does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. In the UK, its focus sits firmly on the corporate and institutional side. Its corporate banking division is focused on supporting British companies trading abroad, helping them access financial networks in the Middle East, Asia and Africa.

Savings accounts

Our data does not show any retail savings products - easy access accounts, cash ISAs, fixed-rate bonds or otherwise - currently available to UK savers through Standard Chartered. This lines up with what the bank is: a global institution that simply does not serve the UK retail deposits market. If that changes, this page will be updated.

Standard Chartered Bank is authorised and supervised by the Financial Conduct Authority (FCA). A number of banks with foreign ownership operate in the UK, but what matters is whether they hold a UK banking licence - if they do, FSCS protection applies. You can verify the position for any specific product by checking the FCA Financial Services Register.

Is it right for you?

For most UK savers looking for a competitive home for their cash, Standard Chartered is not a realistic option right now. There are no retail savings products to compare. If you are a high-net-worth individual with ties to Asia, Africa or the Middle East, Standard Chartered has offered private banking services to UK clients since 2007, working with clients living in the UK who have links to those markets. That is a very different proposition from the everyday savings accounts most people are searching for.

For those who are simply looking for the best return on their cash, the live rates table on this page is the place to start - rates across the market change regularly, so it is always worth comparing what is available today.