MortgageOne Optimizer
Maximise your interest earned, minimise your mortgage interest - only with MortgageOne Optimizer. MortgageOne Optimizer is a smart money manager that optimises your deposits and mortgage loans.

You can:
  • Choose to link up to four mortgage loan accounts and ten deposit accounts, and
  • Reduce the mortgage interest payable by offsetting your outstanding mortgage loan principal amount with the daily balances in your linked deposit accounts

Who is MortgageOne Optimizer suitable for?
  • Busy executives who are looking to invest in property or a second home and have multiple accounts to manage
  • Customers who have more than one deposit and mortgage loan account with Standard Chartered Bank
Next Steps
Call: 1800 747 7000
Get more info

Benefits
Flexibility to manage your finances Enjoy the flexibility to deposit or withdraw funds from any of your linked deposits accounts. You can access your funds as before since all your linked accounts continue to operate independently.
Benefits at a glance
  • Link multiple loans and multiple accounts
  • Optimise funds between deposit and loan accounts
  • Continue to operate your linked accounts independently

How it works
  • The balance in your deposit accounts that earn lower interest rates are placed in higher interest loan/s you are servicing
  • As the outstanding mortgage loan principal amount is lowered, it reduces the amount of interest payable
  • The remaining deposit/s (if any) will move to your highest interest earning deposit account


To find out more on how you can reduce your mortgage repayments, please call our 24-hour Mortgage Service Line on 1800 747 0123 or visit any of our branches today.

Important Notes:
  1. This product is applicable to private residential properties only.
  2. There is no repayment of the outstanding mortgage loan principal amount. The offsetting of the outstanding mortage loan principal amount by the daily balances in the linked deposit accounts is purely notional and solely for the purposes of computing interest.
  3. A monthly utilisation fee shall be charged if the Deemed Outstanding Net Balance (on a monthly average basis and including any late fee charges) falls below 50% of the Monthly Scheduled Outstanding Mortgage Loan Principal. The monthly utilisation fee is computed as 1% p.a. on the Monthly Average Actual Outstanding Mortgage Loan Balance.
  4. The information in this flyer contains only a brief summary of some of the functions of the MortgageOne Optimizer and is subject to the full terms and conditions of the MortgageOne Optimizer. It should not be taken to contain all the terms and conditions applicable to the MortgageOne Optimizer. Neither should it be construed as representing how the MortgageOne Optimizer would fully operate in practice. You are advised to read the terms and conditions in order to appreciate the full mechanics of how the MortgageOne Optimizer operates.