Financial Services

ezyCash is no longer available starting 1 April 2014.

Please visit sc.com/sg or call 1800 747 7000 to find out more.

 

Interest Rates & Fees

Interest Rates for ezyCash

Approved Loan Amount ($)
  20,000 and above
19,999 - 12,000
11,999 - 5,000 4,999 and below
Loan Tenor Interest Rate
(% p.a.)
EIR1
(% p.a.)   
Interest Rate
(% p.a.)
EIR2
(% p.a.)   
Interest Rate
(% p.a.)
EIR3
(% p.a.)   
Interest Rate
(% p.a.)
EIR4
(% p.a.)   
1-Year
12.88
14.15
13.88 16.44 19.20 24.09 22.28 32.33
2-Year
12.88
13.55 13.88 15.24 19.20 21.82 22.28 27.71
3-Year
12.38
12.84
13.58 14.52 15.88 17.68 22.28 26.10
4-Year
12.38
12.74
13.58 14.31 15.88 17.28 22.28 25.28
5-Year
10.88
11.17
13.28 13.88 15.38 16.53 22.28 24.80

 
EIR: Effective Interest Rate, calculated taking into consideration the first year annual fee of $199
For illustration, EIR is calculated based on:
1 average loan amount of $30,000
2 average loan amount of $15,000
3 average loan amount of $8,000
4 average loan amount of $4,000
 

Fees and charges for ezyCash

Early redemption fee
5% of outstanding principal or $250, whichever is higher
Annual fee (first year)
$199 (deducted from approved loan amount)
Annual fee (from second year until expiry of loan tenor)
$50, waived if all instalment amount payments are received in full by the payment due date for the past 12 months
Late payment charges

$60
Finance charges
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 24.455% per annum (minimum).

Default interest
4% p.a. will be added to the original effective interest rate ("EIR") on outstanding principal, if the instalment amount payment is not received by the payment due date in full twice within any consecutive 6 months period.

The revised EIR will be reinstated to the original EIR if the instalment amount payment is received by the payment due date in full for 6 consecutive months.
Change of tenor
$50 per change.


* Rates quoted are subject to change by Standard Chartered Bank (Singapore) Limited without prior notice. Our customer Terms, Current/Cheque/Savings Account and Time Deposit Terms, Personal Loan/Personal Line of Credit/Overdraft Terms, Credit Card Terms and ezyCash Product Terms apply.

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Payment Channels

  1. GIRO
    Enjoy the convenience of paying your bills through automatic GIRO deductions. To apply, simply mail the completed GIRO form to Standard Chartered Bank (Singapore) Limited.

  2. CHEQUE
    Please attach the original payment slip to your cheque and write your account number on the reverse side. Cheques should be crossed and made payable to Standard Chartered Bank (Singapore) Limited.

  3. CASH
    Cash deposit via counters & Cash Deposit Machines at Standard Chartered Bank (Singapore) Limited branches

  4. ONLINE FUND TRANSFER 
    Online funds transfer from your Standard Chartered Current/Savings Account to your Standard Chartered ezyCash loan account

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Other Information

Frequently Asked Questions on the cessation of ezyCash.

Visit sc.com/sg or call 1800 747 7000 to find out more.


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