CashOne is an instalment loan on your credit card that allows you to enjoy a loan amount of up to 4 times your monthly income.

How many years can I borrow the loan for?

Loan tenors available are 1, 2, 3, 4 and 5 years.

Will I be able to use my Platinum Credit Card or existing Standard Chartered Credit Card for retail transactions?

If your annual income is $30,000 and above, you will be issued a Platinum Credit Card. As the credit limit on your Platinum Credit Card or existing Standard Chartered Credit Card is treated as a loan, you will only be able to use the available credit limit on your Platinum Credit Card for retail transactions as and when you have repaid the CashOne loan.

How do I qualify for CashOne?

You must be between 21 and 65 years of age with a minimum annual income of: $20,000 for Singapore Citizens and Permanent Residents $60,000 for foreigners with Employment Pass

What are the required documents for application?

For existing Standard Chartered Principal Cardholders (excluding $500 Credit Cards) or CashOne account holders , no documents are required. New credit card(s) with the same combined credit limit for all your existing credit card(s) will be issued to you upon approval and your credit card(s) will be delivered to your correspondence address. However, if there has been a change in your employer or income records, please submit your income documents. We will review your income documents and adjust your credit limit accordingly. Please refer to the list of accepted income documents set out below. For new Standard Chartered Principal Cardholders or CashOne account holders , please provide: Copy of NRIC (front and back) or Passport Income documents for: Salaried employee (any of the following documents) Copy of latest month's computerised payslip from current employer or Copy of latest month's computerised payslip from current employer and latest Income Tax Notice of Assessment or Copy of last six months' CPF Contribution History Statement* Commission earners (any of the following documents) Copy of latest three months' computerised payslips or Copy of latest three months' computerised payslips and latest Income Tax Notice of Assessment or Copy of latest six months' CPF Contribution History Statement* or Copy of latest Income Tax Notice of Assessment* (For 100% commission earner) Self-employed Copy of latest Income Tax Notice of Assessment (must be in business for a minimum of two years) *Must reflect at least 1 month's income earned from current employer Any one of the following documents* Latest Utility bills (electricity, water, refuse collection), rates or tax bills Latest Bank or Credit Card statements (including e-statement) Copy of Rental agreements showing your address Latest Mobile phone statements / pay TV statement Letter from Employer stating current address Government issued documents stating address (e.g. IRAS, CPF, ICA) *Compulsory for Foreigners. For Singapore Citizens/ Singapore Permanent Residents, only applicable if your residential address in Singapore indicated on the application form differs from the address stated on your NRIC. Additional documents for Foreigners only: Copy of Employment Pass Foreigners must be holders of P1, P2 or Q type Singapore Employment Passes (Q Pass holders must have minimum one year validity remaining on their passes)

Will I be guaranteed a loan amount of up to 4 times my monthly income?

No. Your loan amount will either be up to 2 times or 4 times your monthly income depending on your credit history and annual income. Annual Income Approved Limit Approved Products Approved Products $30,000 and above Up to 4X monthly income Personal Loan on Platinum Credit Card Personal Loan disbursement advice Platinum Credit Card pack $20,000 and $29,999 Up to 2X monthly income Personal Loan Personal Loan disbursement advice

Will my existing credit facility with Standard Chartered Bank (Singapore) Limited be affected?

If you are an existing Standard Chartered Personal Credit customer, your line of credit may be converted to CashOne. If you are an existing Standard Chartered Credit Cardholder, the credit limit on your existing credit card is treated as a loan. As such, you will only be able to use the available credit limit on your credit card for retail transactions as and when you have repaid the CashOne. If you hold any of our credit cards with a credit limit of $500 and your annual income ranges from $20,000 to $29,999, your credit card account will be closed upon approval of the CashOne.

How do I calculate the total interest charged on my CashOne?

Interest is calculated based on the 'front-end add-on' method by multiplying the principal loan amount with the specified annual Applied Interest Rate / Flat Interest Rate for the full tenor of the plan. The interest charged per month is not spread equally throughout the tenor. But the total interest chargeable is based on the above calculation. For illustration only: Loan Amount $20,000 Flat Interest Rate 7.50% p.a. (Effective Interest Rate of 14.39% p.a.) Tenor 3 years Total Interest Charged for the Loan $20,000 x 7.50% p.a. x 3 years = $4,500 Loan amount + Total Interest $20,000 + $4,500 = $24,500 Monthly Instalment $24,500 / 36 = $680.56

What is the interest apportioned in my monthly repayment?

Below is an illustration of a loan amortisation schedule based on an approved loan of $20,000 over a 3-year tenor. Note that monthly instalment is constant throughout the loan tenor. Monthly interest and principal is apportioned differently; amount of instalment apportioned to interest is highest in the first month and decreases gradually throughout the loan tenor. Loan amount $20,000 Applied / Flat Interest Rate p.a. 7.50% Effective Interest Rate p.a. 14.39% Tenor 3 years Period (month) Loan balance ($) Interest ($) Principal ($) Instalment ($) (sum of Interest and Principal) 1 20,000 228 452 681 2 19,548 223 458 681 3 19,090 218 463 681 4 18,627 213 468 681 5 18,159 207 473 681 6 17,686 202 479 681 7 17,207 196 484 681 8 16,723 191 490 681 9 16,233 185 495 681 10 15,738 180 501 681 11 15,237 174 507 681 12 14,730 168 512 681 13 14,218 162 518 681 14 13,699 156 524 681 15 13,175 150 530 681 16 12,645 144 536 681 17 12,108 138 542 681 18 11,566 132 549 681 19 11,017 126 555 681 20 10,463 119 561 681 21 9,901 113 568 681 22 9,334 106 574 681 23 8,760 100 581 681 24 8,179 93 587 681 25 7,592 87 594 681 26 6,998 80 601 681 27 6,397 73 608 681 28 5,790 66 614 681 29 5,175 59 622 681 30 4,554 52 629 681 31 3,925 45 636 681 32 3,289 38 643 681 33 2,646 30 650 681 34 1,996 23 658 681 35 1,338 15 665 681 36 673 8 673 681 Total 4,500 20,000 24,500 The above table is for illustrative purpose only (figures above have been rounded off to whole numbers) and is based on a loan of $20,000 with a tenor of 3 years (36 months).

What is my monthly repayment amount and when do I have to repay?

Please follow the payment due date stated on your monthly statement Approved Product CashOne Repayment Account Starts with "9702 2228 xxx xxx" Repayment Amount Stated on your monthly statement Payment Due Date Stated on your monthly statement

What are the repayment methods for CashOne?

CashOne offers a range of repayment channels: Repayment can be made via AXS, GIRO, ATM or branch counter. Please ensure separate repayments are made out to the following accounts: CashOne Personal Loan Account (9702 2228 XXXX XXXX) CashOne Platinum Credit Card Account (4300 9201 XXXX XXXX) Please click here to download the GIRO application form or call 1800 747 7000.

What happens if I miss my CashOne instalment payment?

If we do not receive your payment in full by the instalment payment due date for 2 instalments within any consecutive 6 month period, 4% p.a. will be added to the original effective interest rate (EIR) on your entire CashOne outstanding balance. The revised EIR will be effective starting from the next statement date immediately after the second instalment payment due date is missed. The loan tenor will be extended so that your monthly instalment remains the same. The following illustration is based on a loan amount of $10,000 with a 60 month tenor, applied/flat interest rate of 7% and original EIR of 12.50%.

For CashOne Personal Loans and Credit Card Instalment Loan (“CCIL”), when will my approved loan amount be disbursed?

If your CashOne Personal Loan / CCIL is approved instantly, funds will be disbursed within these time periods: Scenario Application Submission Approved Loan Amount Account Indicated in Application Form CashOne / Credit Card Instalment Loan Disbursement Turnaround Time (TAT) A Any day / timing S$250,000 Standard Chartered bank account Instant B Any day / timing S$10,000 Non-Standard Chartered bank account Within 15 minutes C Tuesday, 2PM S$200,001 Non-Standard Chartered bank account Wednesday

Cashone Personal Loans

Q: What is the interest rate for CashOne?

For annual income of $30,000 and above For illustration, EIR is calculated taking into consideration the first year annual fee of $199; and ¹ is based on average loan amount of $20,000 ² is based on average loan amount of $10,000 LOAN TENURE APPROVED LOAN AMOUNT ($) $15,000 AND ABOVE $14,999 AND BELOW AR (% P.A.) EIR 1 (% P.A.) AR (% P.A.) EIR 2 (% P.A.) 1-year 7.80% 16.01% 8.58% 19.34% 2-year 7.80% 15.35% 8.58% 17.76% 3-year 7.50% 14.39% 8.38% 16.63% 4-year 7.50% 14.06% 8.38% 16.08% 5-year 6.88% 12.75% 8.08% 15.16% For annual income of $20,000 to $29,999 For illustration, EIR is calculated taking into consideration the first year annual fee of $199; and is based on average loan amount of $4,000 LOAN TENURE APPROVED LOAN AMOUNT ($) Below $5,000 AR (% P.A.) EIR (% P.A.) 1-year 9.80% 27.56 2-year 9.80% 23.14% 3-year 10.80% 22.99% 4-year 10.80% 21.80% 5-year 10.80% 20.92%

Apply now and get up to S$1,088 cashback. For a limited time, enjoy additional S$160 anniversary cashback. Terms and conditions apply.

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I am not an existing Standard Chartered principal cardholder or CashOne/Credit Card Instalment Loan account holder

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*SingPass holders with a MyInfo profile can use MyInfo to automatically fill up the form. By clicking “Next”, you will be re-directed to the MyInfo portal, which is not owned or controlled by Standard Chartered Bank (Singapore) Limited or any member of the Standard Chartered Group (the “Bank”). The Bank bears no liability or responsibility over your usage of the MyInfo portal.

*Please note that MyInfo is temporaily unavailable at the stipulated downtimes:

Mon, Tues, Thurs, Fri, Sat: 5:00AM to 5:30AM. Wed: 2:00AM to 6:00AM. Sun: 2:00AM to 8:30AM.

*If you are an existing supplementary cardholder or if you hold a Standard Chartered MANHATTAN $500 Card or Corporate Card.

I am an existing Standard Chartered principal cardholder or CashOne/Credit Card Instalment Loan account holder

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CashOne Personal Loan
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APPROVED LOAN AMOUNT	CASHBACK AMOUNT	CASHBACK CAP
Less than S$50,000	0.4% of loan amount	Capped at S$1,088
S$50,000 or more	0.8% of loan amount

APPROVED LOAN AMOUNT

CASHBACK AMOUNT

CASHBACK CAP

Less than S$50,000

0.4% of loan amount

Capped at S$1,088

S$50,000 or more

0.8% of loan amount

Approved Loan AmOUNT	S$199 CREDIT I.E. CREDIT AWARDED FOR 1ST YEAR ANNUAL FEES	CASHBACK ON APPROVED LOAN AMOUNT (SUBJECT TO A CAP OF S$1,088)	Anniversary CASHBACK	TOTAL OF S$199 CREDIT + CASHBACK + Anniversary CASHBACK
S$15,000	S$199	(0.4% of 15,000) = S$60	S$160	S$419
S$30,000	S$199	(0.4% of 30,000) = S$120	S$160	S$479
S$50,000	S$199	(0.8% of 50,000) = S$400	S$160	S$759
S$72,000	S$199	(0.8% of 72,000) = S$576	S$160	S$935
S$150,000	S$199	(0.8% of 150,000) = S$1,088 (due to the cap on Cashback)	S$160	S$1,447

Approved Loan

AmOUNT

S$199 CREDIT
I.E. CREDIT AWARDED FOR 1ST YEAR ANNUAL FEES

CASHBACK ON APPROVED LOAN AMOUNT

(SUBJECT TO A CAP OF S$1,088)

Anniversary CASHBACK

TOTAL OF S$199 CREDIT + CASHBACK + Anniversary CASHBACK

S$15,000

S$199

(0.4% of 15,000) = S$60

S$160

S$419

S$30,000

S$199

(0.4% of 30,000) = S$120

S$160

S$479

S$50,000

S$199

(0.8% of 50,000) = S$400

S$160

S$759

S$72,000

S$199

(0.8% of 72,000) = S$576

S$160

S$935

S$150,000

S$199

(0.8% of 150,000) = S$1,088 (due to the cap on Cashback)

S$160

S$1,447

Loan Tenure	Approved Loan Amount ($)
1-year	7.80%	16.01%	8.58%	19.34%
2-year	7.80%	15.35%	8.58%	17.76%
3-year	7.50%	14.39%	8.38%	16.63%
4-year	7.50%	14.06%	8.38%	16.08%
5-year	6.88%	12.75%	8.08%	15.16%

Loan Tenure

Approved Loan Amount ($)

$15,000 and Above

$14,999 and below

AR (% p.a.)

EIR¹(% p.a.)

AR (% p.a.)

EIR²(% p.a.)

1-year

7.80%

16.01%

8.58%

19.34%

2-year

7.80%

15.35%

8.58%

17.76%

3-year

7.50%

14.39%

8.38%

16.63%

4-year

7.50%

14.06%

8.38%

16.08%

5-year

6.88%

12.75%

8.08%

15.16%

Loan Tenure	Approved Loan Amount ($) Below $5,000
1-year	9.80% p.a.	27.56%
2-year	9.80% p.a.	23.14%
3-year	10.80% p.a.	22.99%
4-year	10.80% p.a.	21.80%
5-year	10.80% p.a.	20.92%

Loan Tenure

Approved Loan Amount ($) Below $5,000

AR (% p.a.)

EIR (% p.a.)

1-year

9.80% p.a.

27.56%

2-year

9.80% p.a.

23.14%

3-year

10.80% p.a.

22.99%

4-year

10.80% p.a.

21.80%

5-year

10.80% p.a.

20.92%

Fee	Charge
Annual Fee	First year: $199 (deducted from the loan approved) Second year till expiry of instalment tenure: $50 annual fee waived if all payment is received by payment due date for the past 12 months
Early redemption fee	$250 or 3% of the outstanding principal, whichever is higher. With effect from 15 January 2019 (inclusive of this date), $150 or 3% of the outstanding principal, whichever is higher.
Change of tenure	$50 per change, subject to the Bank’s approval
Default interest (payment is not received by payment due date twice within 6 consecutive months)	4% p.a. will be added to the original EIR on your entire outstanding balance. The loan tenure will be extended so that your monthly instalment stays the same. This revised EIR will be reinstated to the original EIR when full payment is made by payment due date for six consecutive months.
Late payment	$80 will be charged if minimum payment is not received by the due date. If the instalment amount payment is not received on or before the due date in full and a balance is carried forward from the relevant statement, finance charges will be calculated on a daily basis at the EIR of 26.9% per annum (0.074% per day).
Annual Fee for Standard Chartered Platinum Visa Credit Card	$192.60 (including GST) –waived for 5 years Please click here for more information on the Platinum Visa Credit Card, including the applicable fees and charges (such as the finance charges and late payment fee)

Fee

Charge

Annual Fee

First year:
$199 (deducted from the loan approved)
Second year till expiry of instalment tenure:
$50 annual fee waived if all payment is received by payment due date for the past 12 months

Early redemption fee

$250 or 3% of the outstanding principal, whichever is higher. With effect from 15 January 2019 (inclusive of this date),
$150 or 3% of the outstanding principal, whichever is higher.

Change of tenure

$50 per change, subject to the Bank’s approval

Default interest (payment is not received by payment due date twice within 6 consecutive months)

4% p.a. will be added to the original EIR on your entire outstanding balance. The loan tenure will be extended so that your monthly instalment stays the same. This revised EIR will be reinstated to the original EIR when full payment is made by payment due date for six consecutive months.

Late payment

$80 will be charged if minimum payment is not received by the due date. If the instalment amount payment is not received on or before the due date in full and a balance is carried forward from the relevant statement, finance charges will be calculated on a daily basis at the EIR of 26.9% per annum (0.074% per day).

Annual Fee for Standard Chartered Platinum Visa Credit Card

$192.60 (including GST) –waived for 5 years
Please click here for more information on the Platinum Visa Credit Card, including the applicable fees and charges (such as the finance charges and late payment fee)

For existing Standard Chartered Principal Cardholders (excluding $500 Credit Cards) or CashOne account holders, no documents are required. New credit card(s) with the same combined credit limit for all your existing credit card(s) will be issued to you upon approval and your credit card(s) will be delivered to your correspondence address. However, if there has been a change in your employer or income records, please submit your income documents. We will review your income documents and adjust your credit limit accordingly. Please refer to the list of accepted income documents set out below.

For new Standard Chartered Principal Cardholders or CashOne account holders, please provide:

Copy of NRIC (front and back) or Passport
Income documents for:
- Salaried employee (any of the following documents)
  - Copy of latest month’s computerised payslip from current employer or
  - Copy of latest month’s computerised payslip from current employer and latest Income Tax Notice of Assessment or
  - Copy of last six months’ CPF Contribution History Statement*
- Commission earners (any of the following documents)
  - Copy of latest three months’ computerised payslips or
  - Copy of latest three months’ computerised payslips and latest Income Tax Notice of Assessment or
  - Copy of latest six months’ CPF Contribution History Statement* or
  - Copy of latest Income Tax Notice of Assessment* (For 100% commission earner)
- Self-employed
  - Copy of latest Income Tax Notice of Assessment (must be in business for a minimum of two years)
    *Must reflect at least 1 month’s income earned from current employer
Any one of the following documents*
- Latest Utility bills (electricity, water, refuse collection), rates or tax bills
- Latest Bank or Credit Card statements (including e-statement)
- Copy of Rental agreements showing your address
- Latest Mobile phone statements / pay TV statement
- Letter from Employer stating current address
- Government issued documents stating address (e.g. IRAS, CPF, ICA)
  *Compulsory for Foreigners. For Singapore Citizens/ Singapore Permanent Residents, only applicable if your residential address in Singapore indicated on the application form differs from the address stated on your NRIC.
Additional documents for Foreigners only:
- Copy of Employment Pass Foreigners must be holders of P1, P2 or Q type Singapore Employment Passes (Q Pass holders must have minimum one year validity remaining on their passes)

Disclaimer

Apply now and get up to S$1,088 cashback. For a limited time, enjoy additional S$160 anniversary cashback. Terms and conditions apply.

CashOne Loan Personal Application

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