Standard Chartered Balance Transfer
The interest rate charged by standard chartered on a balance transfer is 0 99 per month for the first six months of the repayment tenure.
Standard chartered balance transfer. A three month term processing fee of s 70 applies fee rate 0 7 eir 2 83 while a 12 month term fee of s 450 applies fee rate 4 5 eir 4 86. Processing fees for balance transfers are low ranging from 1 5 to 4 5 of your approved loan amount. With most balance transfers offering 0 interest rate you can select a balance transfer based on these 2 main factors. Balance transfer plus amount balance transfer plus amount x interest rate per annum x repayment tenure in years repayment tenure in months.
Rm1 000 rm1000 x 5 99 x 3 years 36 months. Balance transfers tend to have short loan tenures of up to 12 months. Tenure of 3 6 9 or 12 months. Balance transfer processing fee.
Transfer your outstanding credit card balance from other banks to a standard chartered bank credit card. Customers can make balance transfers to up to rs 5 00 000 onto a standard chartered credit card from other credit cards. Just choose a period you would like to extend your repayment to for up to 36 months and a minimum transfer amount of rm 1 000. The charges to complete a transfer are tiered depending on the loan period you choose.