Received an offer from other banks in Singapore? SMS us and we will offer you our best available rate. T&Cs apply.
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Details

Enjoy savings on your interest when you transfer funds from your Standard Chartered Credit Card.

With Funds Transfer, you can:

  1. Transfer funds into any bank's current or savings account

  2. Pay your credit card bills from other banks

  3. Pay your loan from other banks

Select one of these tenor options to find out how it works:

6-month tenor 12-month tenor
Applied Interest Rate (p.a.) 0% 0%
Processing Fee 2.5% 5%
Effective Interest Rate (p.a.) 5.18% 5.41%

The Effective Interest Rate (EIR) is calculated by taking into consideration the processing fee and based on the assumption that full repayment is made within the promotional period with minimum monthly payments of 1% of principal plus interest, fees, charges and full payment in the final month of your selected tenor period.

Benefits

0% p.a.* interest

Enjoy interest-free funds transfer with a one-time processing fee.

Get cash for your needs at a lower rate

Avoid paying high interest when you transfer funds into any bank account.

Consolidate your balances with us

With only one payment due date, you can simplify your monthly payment.

How it Works

6-month tenor
12-month tenor
  • How much you'll save with a $10,000 Funds Transfer over 6 months

    Funds Transfer at 0% p.a*

    You'll save $950

    (79% savings)

    You pay $250

    with 2.5% processing fee
    (EIR: 5.18% p.a.)

    Outstanding balance on another bank’s credit card

    You would have paid

    $1,200 in interest

    from other banks'
    credit cards at 24% p.a.

    Above figures are for illustration purposes only.

    Our promotional rate reflected here is exclusive to online applications and the rates may not be available through other channels.

  • How much you'll save with a $10,000 Funds Transfer over 12 months

    Funds Transfer at 0% p.a*

    You'll save $1,900

    (79% savings)

    You pay $500

    with 5% processing fee
    (EIR: 5.41% p.a.)

    Outstanding balance on another bank's credit card

    You would have paid

    $2,400 in interest

    from other banks'
    credit cards at 24% p.a.

    Above figures are for illustration purposes only.

    Our promotional rate reflected here is exclusive to online applications and the rates may not be available through other channels.

Get one of our best rates

Received an offer from other banks in Singapore? SMS us and we will offer you our best available rate. Terms and conditions apply.

1SMS us

SMS RATE<space>Name<space>
NRIC to 77222.
Example: RATE George S8123456A

2Prepare

Have your supporting documents ready, including your statement of account or letter of offer from other bank(s).

3Receive a call

We will contact you within five working days.

Terms and Conditions

Important information about our 0% p.a. interest offer

* The 0% interest offer is valid for either our 6 or 12 month tenor from the date that the Funds Transfer is approved, after which the prevailing interest rate applies.

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Credit Card Funds Transfer Best Available Rate Promotion Terms and Conditions
Funds Transfer Programme Product Terms and Conditions
  1. A credit card fund transfer application may only be submitted by a Principal cardholder.
  2. The minimum funds transfer amount is S$1,000, and the maximum is 95% of the total available credit limit of the Standard Chartered Credit Card account indicated in the application form ("Credit Card account") at the time of processing the application.
  3. The promotional interest rate of 0% p.a. (as indicated in the application form) is only applicable to the amount transferred pursuant to the application submitted in respect of this promotion ("Approved Amount"), and is only valid for the tenor indicated in the application form ("Tenor”). Any existing outstanding balances and/or amounts subsequently incurred on the Credit Card account, including instalment payment transactions, will be subject to the prevailing interest rate chargeable for the Credit Card account if these amounts are not paid in full. The promotional interest rate is valid for the Tenor from the date the application is approved and ends on the last day of the Tenor. Thereafter, the prevailing interest rate chargeable for the Credit Card account will apply. Please note that with effect from 29 November 2014, the Effective Interest Rate (EIR) is calculated taking into consideration the processing fee and based on the assumption that full repayment is made within the promotional period with minimum monthly payments of 1% of principal plus interest, fees, charges and full payment in the final month of the promotional period.
  4. Following the approval of the application, a funds transfer account will be set up in the name of the principal cardholder. The one-time non-refundable processing fee on the Approved Amount (as indicated in the application form) will be charged to the funds transfer account upon the approval of the application.
  5. If the principal cardholder and/or his/her supplementary cardholder defaults on any payment in respect of their respective credit card accounts or any other credit facilities with us during the Tenor or for other reason which we deem appropriate at its reasonable discretion, a late payment interest of 28% p.a. will be charged to all accounts. We shall also be entitled to withdraw the Promotional Interest Rate and charge applicable finance charges, and/or late payment charges at such rate as we may determine.
  6. Funds transfer to any Standard Chartered Credit Card, Personal Credit, Home Renovation Loan, Personal Loan, Overdraft and Mortgage accounts is not permitted. Supplementary cardholders, and cardholders holding corporate cards or credit cards with $500 credit limit are not eligible to apply for funds transfer. Funds transfer will not be eligible for any Rewards Points and CashBack.
  7. We reserve the right to (a) decline the application or approve the application with a lower funds transfer amount than the amount applied for without any reason whatsoever, and (b) withdraw, or vary the terms of, this promotion at any time without prior notice. Our decision on all matters relating to this promotion shall be final and binding. These terms apply in addition to our Customer Terms, Credit Card Terms and Fund Transfer Programme Product Terms (collectively, "Other Terms"). In the event of any inconsistency between the terms set out herein ("Terms") and the Other Terms, these Terms shall prevail only to the extent of such inconsistency.

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