Enjoy funds transfer at 6.88% or 8.88% now.
Planning a great holiday, getting the season's hottest buys, or paying off other credit card balances? Well, there's no better time than now. With our Funds Transfer at 6.88% p.a. interest for 6 months or 8.88% p.a. interest for 12 months, you can have everything your heart desires and more!
Simply transfer funds from your Standard Chartered Credit Cards to your selected bank account and use the cash for anything you wish. Or stop paying 24% p.a. interest on your other banks' credit cards or line of credit by transferring funds to these accounts. The choice is yours!
Your savings based on a funds transfer of $10,000:
| 6 Months | 12 Months | |
|---|---|---|
| Interest payable on other banks' credit cards at 24% p.a. | $1,200 | $2,400 |
| Interest payable with Standard Chartered Funds Transfer | $344 (6.88% p.a.) | $888 (8.88% p.a.) |
| Your Savings (up to) | $856 71% |
$1,512 63% |
Figures have been simplified for illustration purposes.
* The promotional interest rate is valid for either 6 or 12 months from the date the Funds Transfer is approved, after which the prevailing interest rate applies.
Terms and Conditions
- Total Fund Transfer request is subject to a minimum of S$1,000 up to 95% of the total credit limit of your Standard Chartered Credit Card account. The approved amount to be transferred will be determined by the Bank at its sole discretion. The Bank reserves the right to decline any Funds Transfer application without giving any reason whatsoever.
- The promotional interest rate is valid for 6 or 12 months from the date the Funds Transfer is approved, after which the prevailing interest rate chargeable for Standard Chartered Credit Cards and MANHATTAN Cards apply. Interest is subject to compounding if it is not paid in full.
- If you and/or your Supplementary Cardholder defaults on any payment in respect of your credit card accounts or any other credit facilities from the Bank during the promotional period of the Funds Transfer or for other reason which the Bank deems appropriate at its sole discretion, the Bank shall be entitled to withdraw the promotional interest rate and charge interest at such rate as the Bank may determine at its sole discretion.
- Funds Transfer to any Standard Chartered Credit Card, Personal Credit, Home Renovation Loan, Personal Loan, Overdraft and Mortgage accounts are not permitted. Funds Transfer will not be eligible for any reward points and CashBack.
- The Bank reserves the right to withdraw, or vary the terms of, this promotion at any time without notice. The Bank's decision on all matters relating to this promotion shall be final and binding. You may refer to Standard Chartered Customer Terms and Credit Card Terms for details of the Product Terms application to the Funds Transfer programme.
