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How would you like to apply?

I am NOT an existing Standard Chartered Current/Checking/Savings Account holder

*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 temporarily 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

I am an existing Standard Chartered Current/Checking/Savings Account holder

How would you like to apply?

I am NOT an existing Standard Chartered Current/Checking/Savings Account holder

*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 temporarily 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

I am an existing Standard Chartered Current/Checking/Savings Account holder

Change in Early Redemption Fee for CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash Accounts

With effect from 15 January 2019 (inclusive of this date), the early redemption fee applicable to all Standard Chartered Bank (Singapore) Limited CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash accounts (“Early Redemption Fee”) will be revised to S$150 or 3% of the outstanding principal, whichever is higher.

Our Customer Terms, Credit Card Instalment Loan Product Terms, Personal Loan/Personal Line of Credit/Overdraft Terms, Current/Cheque/Savings Account and Time Deposit Terms, Credit Card Terms and CashOne Product Terms apply. Click here for full Terms and Conditions which apply.

A scenario to help you understand:

The scenario below is for illustration purposes only and may differ depending on the individual’s account.

 

If your outstanding principal is $1,000 at the point of account closure, your Early Redemption Fee is,

Prior to 15 January 2019: On or after 15 January 2019:
3% x outstanding principal:

3% x $1,000 = $30

 

As 3% of your outstanding principal is lower than $250, the Early Redemption Fee is $250

3% x outstanding principal:

3% x $1,000 = $30

 

As 3% of your outstanding principal is lower than $150, the Early Redemption Fee is $150

 

You must notify us if you wish to close your CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash accounts or fully repay any of your CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash accounts prior to the expiry of the respective instalment tenures. For clarity, partial redemption of the CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash account is not allowed.

The following terms and charges will apply if you close or fully repay any of the CashOne /Credit Card Instalment Loan/Dash Advance/ezyCash accounts prior to the expiry of the instalment tenure: (a) we will calculate and notify you of the outstanding balance and the payment due date for the entire outstanding balance; and (b) you must pay the entire outstanding balance together with an Early Redemption Fee of S$150 or 3% of the outstanding principal, whichever is higher.

Frequently Asked Questions

  • We constantly review our existing practices to ensure that they are in line with industry standards.

  • With effect from 15 January 2019 (inclusive of this date), if you have an existing or successfully apply for a new  CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash and you wish to close your CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash accounts or fully repay any of your CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash accounts prior to the expiry of the respective instalment tenure, the following terms and charges will apply: (a) we will calculate and notify you of the outstanding balance and the payment due date for the entire outstanding balance; and (b) you must pay the entire outstanding balance together with an Early Redemption Fee of S$150 or 3% of the outstanding principal, whichever is higher.

    For the avoidance of doubt, with respect to closures of CashOne/Credit Card Instalment Loan/Dash Advance/ezyCash accounts, the revision of the Early Redemption Fee will not impact such closures which do not occur prior to the expiry of the instalment tenure.

  • You may visit our branches or call our 24-hour Client Contact Centre at +65 6747 7000.