You are in

FOR INDIVIDUAL

FOR BUSINESS

Straight2Bank
Login to view and manage your business accounts.

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving sc.com/ae and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/ae

Proceed to third party website

Transfer your balance and enjoy a convenient payment plan

Apply Now Apply Now
Balance transfer business yield enhancing
  • Credit Cards
  • Credit Card Balance Transfer | Credit Card Loan

Transfer your balance and enjoy a convenient payment plan

Balance Transfer

Interest on credit cards can mount up if you’re not careful. If you’re paying high interest rates on a credit card with another bank, transfer the balance to your Standard Chartered credit card and enjoy low interest rates & flexible repayment plan.

Fees & Charges

Fees and charges are subject to change. All fees and charges listed are inclusive of 5% Value Added Tax (VAT), where applicable.

 

Details
Charges
Interest Rate Up to 3% monthly
Processing Fee Up to 4.2%
Early Settlement Charge 2% to 5% or AED 300, whichever is higher
Interest rates may be subject to change at the Bank’s discretion.

FAQs

  • Step 1. Call us on (+971) 600 5222 88 and give us the details of the card(s) you’re transferring from.
    Step 2. We will transfer the balance and you pay a small processing fee on the amount transferred.
    Step 3. Enjoy a flexible repayment plan.

Terms and Conditions

    • If you do not meet the repayments/payments on your credit card, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future.
    • If you make only the minimum repayment/payment each period, you will pay more in interest/profit/fees and it will take you longer to pay off your outstanding balance.
  • Balance Transfer Amount 10,000
    Period (Months) 6
    Processing Fee : 2% 200
    Interest/Profit Rate over the 6-month period 0%
    Interest/Profit Rate from Month 7 Onwards Annual Interest/Profit Rate: 41.4% Monthly Interest/Profit Rate: 3.45%
    *All Values are in AED
    Outstanding Balance Months Interest/Profit Minimum Amount Due+ Interest/Profit
    10000 Month 1 10000*0% = 0 110 + 0 = 110
    9890 Month 2 9890*0% = 0 110 + 0 = 110
    9780 Month 3 9780*0% = 0 110 + 0 = 110
    9670 Month 4 9670*0% = 0 110 + 0 = 110
    9560 Month 5 9560*0% = 0 110 + 0 = 110
    9450 Month 6 9450*0% = 0 110 + 0 = 110