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 and a flexible repayment plan.

Advantages of Balance Transfer:

Quick and easy to make balance transfers.

Low costs
Avoid costly interest payments from other banks.

No transfer limit
Transfer as many balances as your credit limit allows.

Easy monthly payment
One easy monthly payment for your consolidated debts.

Opt to repay back at your convenience or through a fixed monthly payment plan

How to apply for a Balance Transfer?

Step 1:
Call us on 17531532 and ask about Balance Transfer.

Step 2:
Your request will be forwarded to a sales agent who will explain the plan details. You will be provided the option to select one of the following plans:

  1. Balance Transfer plan with fixed monthly instalment
  2. Balance Transfer plan without fixed monthly instalment

Step 3:
We will transfer the balance and you pay either a small processing fee or a lower interest rate on the amount transferred.  

Step 4:
Enjoy a flexible repayment plan.  

Fees and 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 1.25% monthly
Processing Fee Up to 5.50%
Early Settlement Charge upto 1.10% or BHD 110, whichever is lower

Interest rates may be subject to change at the Bank’s discretion.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.


Please note that this hyperlink will bring to you to another website on the Internet, which is operated by an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.