Providing a flexible cash flow with no fixed repayment amount, our Standard Chartered Revolving Cash Card enables you to respond to fast-changing wealth management opportunities.
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1First withdrawal amount will be equivalent to 95% of the approved credit limit (will be rounded down to the nearest thousand dollars) and the first transaction handling fee is also waived.

Standard Chartered Revolving Cash Card Special Rate Table - Privileged clients*

Credit Limit (HK$) Interest Rate for first 3 months (p.a.)^ Interest Rate thereafter (p.a.)+ Annualised Percentage Rate** Annual Fee(HK$)
$5,000-$19,999 0% 15.80% 15.57% 1% of credit limit
$20,000-$49,999 11.80% 11.64%
$50,000-$199,999 9.80% 9.68%
$200,000-$499,999 7.80% 7.72%
$500,000 or above 6.80% 6.74%

^ 0% p.a. Interest Rate for the first 3 months is only applicable upon the day of successful cash withdrawal to the cutoff day of the following 3 consecutive months as specified on the monthly statement showing the withdrawal amount.
* Privileged clients are determined based on the clients’ credit record. Standard Chartered Bank (Hong Kong) Limited (“The Bank”) has the absolute right to determine the approval of the loan and the final interest rate.
First withdrawal amount will be equivalent to 95% of the approved credit limit (will be rounded down to the nearest thousand dollars) and the first transaction handling fee is also waived.
+ Interest is calculated on the basis of a 365 or 366-day year (if applicable).
** The Annualised Percentage Rate (“APR”) is a reference rate which includes the basic interest rate and other applicable fees and charges of a product expressed as an annualised rate. The APR is calculated based on the loan amounts of HK$12,500, HK$35,000, HK$125,000, HK$350,000 and HK$500,000 and has taken into account the interest rate for the first 3 months and the interest rate thereafter. Please note that the above APR is calculated according to minimum monthly repayment of 1% of the outstanding amount(applicable to the loan approved on or after 27 August 2016) . For the loan approved before 27 August 2016, APR is calculated according to minimum monthly repayment of 0.5% of the outstanding amount and the APR are 15.83% (loan amount HK$12,500), 11.82%( loan amount HK$35,000), 9.81%( loan amount HK$125,000), 7.81% (loan amount HK$350,000), 6.82% (loan amount HK$500,000) respectively. Customer can refer the minimum monthly repayment details set out in Clause 7 in the Important Information of Revolving Cash Card:. (subject to change by the Bank from time to time).

Eligibility

  • Hong Kong resident aged 18 or above
  • Fixed Annual income of HK$96,000 or above

FAQs

    • What is the difference between Personal Instalment Loan, Revolving Cash Card and Personal Line of Credit?

      Personal Instalment Loan requires you to repay the principal and interest regularly, usually monthly. Interest is calculated at a predetermined interest rate according to the loan tenure you selected.

      Revolving Cash Card or Personal Line of Credit is a credit limit granted to your Revolving Loan or Current Account, usually for standby purposes. Interest is calculated on the drawn amount on a daily basis. The main difference between the two is the money withdrawal method. A Revolving Loan involves a Revolving Cash Card to withdraw cash at an ATM machine anytime.

      A Personal Line of Credit involves the current account and the transactions made through this account via ATM cash withdrawal or cheque issuance. No withdrawal fee will be charged for an unsecured overdraft facility.

    • What are the differences in interest charging for Personal Instalment Loan, Revolving Cash Card and Personal Line of Credit?

      The interest charged for Personal Instalment Loan, Revolving Cash Card and Personal Line of Credit are determined by taking into account of clients' credit history, loan amount and the repayment tenure (if applicable).

      Monthly Flat Rate is usually used to calculate the total interest charged for a Personal Instalment Loan, subject to the tenure selected by clients.

      Revolving Cash Card usually applies an annualised interest rate, where interest is charged on daily basis based on the outstanding amount in the loan account. If there is no outstanding in the loan account, no interest will be charged.

      The annualised interest rate of Personal Line of Credit is based on Prime Rate. Similar to Revolving Cash Card, interest is charged on daily outstanding debit balance. If there is no outstanding in the loan account, no interest will be charged.

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Terms and Conditions

    1. Standard Chartered Bank (Hong Kong) Limited ("the Bank") reserves the right of final approval of this application, and is under no obligation to provide any explanation. The Bank also reserves the right to determine the final interest rate, the approved credit limit and offers available.
    2. Upon approval of the loan application, the first withdrawal amount will be credited to the client's designated repayment account within five working days
    3. A handling fee of 1% of the withdrawal amount or HK$50 (whichever is higher) will be levied on each cash withdrawal.
    4. An annual fee of 1% of the approved credit limit shall be debited from the loan account on the date of the statement in the next month that we issue you the revolving card and on each anniversary of that date.
    1. Monthly minimum payment is the total aggregate amount of the following items or HK$50 whichever amount is higher:
      • (i) total outstanding billed interest, fees and charges (if applicable); and
      • (ii) total over-limit amount by which the Statement balance exceeds the Approved Credit Limit assigned by the Bank (if applicable); and
      • (iii) 1% of the total outstanding debit balance (excluding items (i) and (ii)).
    2. The Bank reserves the right to alter or terminate the offer and amend the terms and conditions of this promotional leaflet at any time. In case of disputes, the Bank's decision shall be final.
    3. In case of discrepancies between the English and Chinese Terms and Conditions, the English version shall prevail.
      The prevailing pricing is offered to you based on the credit assessment upon your loan approval. The Bank has the right to modify your pricing with 30 days advance notice based on the credit assessment from time to time including, but not only limited to, your repayment record, credit bureau grading and the Bank's prevailing credit policy. Besides 30 days advance notice, the Bank will attempt to do this with minimal change in your instalment amount.

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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 ‘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.

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