Enjoy more benefits and financial freedom when you transfer your balances to Standard Chartered

Mortgage Loan1
  • 3% subsidy on amount transferred up to BND10,000
Personal Loan2
  • 3% Rebate on amount transferred and free processing fee
Credit Card3
  • 0% interest for 6 months

  • 3-Year Annual Fee Waiver*

  • Welcome gift vouchers worth up to BND150 for new card applicants*

Terms and Conditions

  1. The subsidy is capped at a maximum of BND10,000 and shall be used for payment of fees including, but not limited to, legal documentation (not including Sales and Purchase Agreement), fire insurance and valuation reports as determined by us at our sole discretion. Any unutilized balance of the subsidy after payment of fees will be deposited into your Current/Savings Account. Approval of the transfer of your mortgage loan outstanding amount is subject to full satisfaction of our criteria including our credit assessment and documentation requirements.
  2. Salary must be credited to an account with Standard Chartered. For cash rebate, amount will be deposited to your Current/Savings Account after approval of your application. Approval of your personal loan is subject to full satisfaction of our criteria including our credit assessment and documentation requirements.
  3. Customers who successfully apply for the transfer of their credit card outstanding balance from other banks will enjoy 0% interest for 6 months on the transferred balance only. The promotion is applicable to new and existing Standard Chartered credit cardholders. There must be a minimum balance transfer of BND500 to be eligible for the promotion. Customers will also enjoy prevailing new credit card promotions if they apply for a new credit card. Should there be any cancellation of their credit cards within 12 months of the balance transfer, then they will be subjected to the value of the gift or reward received from the new credit card promotion charged back to their card.

Promotion Full Terms and Conditions:

CREDIT CARD
Customers who successfully apply for the transfer of their credit card outstanding balance from other banks will enjoy 0% interest for 6 months on the transferred balance only.

  • The Promotion is applicable to new and existing Standard Chartered credit cardholders.
  • There must be a minimum balance transfer of BND500 to be eligible for the Promotion.
  • Customers will also enjoy prevailing new credit card promotions if they apply for a new credit card. Should there be any cancellation of their credit cards within 12 months of the balance transfer, then they will be subjected to the value of any gift or reward received from the new credit card promotion charged back to their card.

PERSONAL LOAN

  • If you transfer your personal loan outstanding balance to us, with minimum loan amount of BND10,000 and minimum tenor of 3 years, you will be entitled to 3% of your outstanding balance as cash rebate.
  • For this Promotion, you must credit your salary to an account with us.
  • For this Promotion, interest will be charged at 7.5% effective interest rate.
  • For cash rebate, the amount will be deposited into your Current or Savings Account after approval of your application.
  • Approval of the transfer of your personal loan outstanding amount is subject to full satisfaction of our criteria including our credit assessment and documentation requirements.

MORTGAGE LOAN

  • If you transfer your home loan with minimum loan amount of BND150,000 and minimum tenor of 10 year, you will be entitled to 3% subsidy calculated based on your approved loan amount. Interest will be charged at 4.5%
  • The subsidy is capped at a maximum of BND10,000 and shall be used for payment of fees including, but not limited to, legal documentation (not including Sales and Purchase Agreement), fire insurance and valuation reports as determined by us at our sole discretion. Any unutilized subsidy amount up to the capped limit will be credited to customer’s account.
  • If you prepay the loan in full, within 10 years of the loan tenor, the promotional subsidized fees including start-up and penalty fees are to be repaid by you to us on demand.
  • Approval of the transfer of your home loan outstanding amount is subject to full satisfaction of our criteria including our credit assessment and documentation requirements.

Banking Agreement

  • This Promotion is governed and subject to be contained within our terms and conditions on which we provide our products including the Customer Terms, Credit Card Terms, Personal Loan Terms, Mortgage Loan Terms and any other documents forming our banking agreement.
  • We may vary, modify, delete or add to these Term and Conditions by notice to you in accordance with our usual practice and in accordance with any applicable law. This may include giving notice to you by public announcement as set out in Clause 7.3 of Customer Terms.
  • We may substitute benefits with similar value and at any time without prior notice and without assigning reasons thereof.
  • We may cancel or withdraw this Promotion at any time.
  • In the case of any disputes arising from or in connection with this Promotion, our decision is final and conclusive.

Back to Top

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 ‘InTouch’. 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.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, 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.

Proceed