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Woman sipping coffee after applying for balance transfer on her credit card”
  1. Loans and Mortgages
  2. Loans
  3. Credit Card Funds Transfer

Credit Card Funds Transfer

Get cash for your immediate needs at 0% interest p.a. (processing fees apply).1

  • Apply Now

    Apply for Standard Chartered Credit Card Funds Transfer

    Do you have a Standard Chartered online banking login?

Credit Card Funds Transfer Benefits1

  • Interest with flexible repayments

  • Get cash disbursed to any existing bank account of your choice

  • One-time processing fee (EIR 2.83% p.a.) for 3-month tenure

1Terms and Conditions apply.

Credit Card Funds Transfer Calculator2

Use our handy calculator to see which plan best suits you

Enter how much you need

Select your preferred tenure

  •  
    Tenure
    Processing Fee Rate
  • Apply Now

    Apply for Standard Chartered Credit Card Funds Transfer

    Do you have a Standard Chartered online banking login?

Tenure: Loan period during which the minimum monthly repayment must be paid each month (see FAQ).
Processing Fee Rate: One-time processing fee charged to the Credit Card Funds Transfer account upon approval and is non-refundable.
Processing Fee Amount: Calculated based on the loan amount entered and the processing fee rate corresponding to the chosen tenure.
Interest Rate: 0% p.a. interest applies for the duration of the approved tenure only (see FAQ). Credit Card Funds Transfer Programme Terms and Conditions apply.

Application Eligibility

  • Age: 21 – 65 years
  • Minimum annual income: S$30,000

Note: Supplementary credit cardholders and cardholders holding corporate credit cards or credit cards with S$500 credit limit are not eligible to apply for a Credit Card Funds Transfer.

For Existing Standard Chartered Credit Cardholders

No documents are required.

However, if there has been a recent change to your income, please submit your updated documents for review during the application process.

For New Customers or Existing Customers with Change(s) in Income/Employment

For SingPass holders applying with MyInfo

myinfo-logo

No documents are required

For Salaried Employees/Partial Commission-based Earners
  • Copy of NRIC (front and back)
  • (i) Latest computerised payslip OR
    (ii) Latest 6 months’ CPF Contribution History Statement

    To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.

For 100% Commission-based Earners
  • Copy of NRIC (front and back)
  • (i) Latest Income Tax Notice of Assessment (NOA) OR
    (ii) Latest 3 months of Commission Statement from same employer
For Self-employed
  • Copy of NRIC (front and back)
  • Latest Income Tax Notice of Assessment (NOA)

Application Eligibility

  • Age: 21 – 65 years
  • Minimum annual income: S$60,000
  • Must hold a Singapore Employment Pass

Note: Supplementary credit cardholders and cardholders holding corporate credit cards or credit cards with S$500 credit limit are not eligible to apply for a Credit Card Funds Transfer.

For Existing Standard Chartered Credit Cardholders

No documents are required.

However, if there has been a recent change to your income, please submit your updated documents for review during the application process.

For New Customers or Existing Customers with Change(s) in Income/Employment

For SingPass holders applying with MyInfo

myinfo-logo

No documents are required

Please prepare the following:

  • Copy of Passport (with at least 6 months’ validity)
  • Copy of your Employment Pass
  • Any ONE of the following documents:
    (i) Latest utility bill, rates or tax bill
    (ii) Latest bank / credit card statement (e-Statements are accepted)
    (iii) Rental agreement showing your address
    (iv) Latest mobile phone statement or pay-TV statement
    (v) Letter from employer stating current address
    (vi) Government-issued document stating current address (e.g. IRAS, CPF, ICA)

Additional Documents:

For Salaried Employees/Partial Commission-based Earners
  • Latest computerised payslip

    To be considered for a higher loan amount, please submit your latest Income Tax Notice of Assessment (NOA) in addition to the above.

For 100% Commission-based Earners
  • Copy of NRIC (front and back)
  • (i) Latest Income Tax Notice of Assessment (NOA) OR
    (ii) Latest 3 months of Commission Statement from same employer
For Self-employed
  • Latest Income Tax Notice of Assessment (NOA)
Early redemption fee
S$0
Late payment fee
S$80

Late interest will be calculated on a daily basis at the EIR of 28% p.a. (0.077% per day)

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