Are interest fees really free with Credit Card Funds Transfer by Standard Chartered Bank (Singapore) Limited?
I saw the promotion that went like - Get interest-free cash in 15 minutes from as low as 0.7% processing fee with Credit Card Funds Transfer and I would like to hear from someone who has used the service before or has valid information’s.
Products mentioned in this forum:
Standard Chartered Credit Card Funds Transfer
Standard Chartered offers a fast approval for funds transfer and savings of up to $1950 and they also offer flexible payment terms. Very ideal for those who want to reduce interest charges on your other outstanding balances with other banks using this Standard Chartered Credit Card Funds Transfer.0 reviews
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Primarily when you apply for a Credit Card Funds Transfer you should get cash disbursed in 15 minutes into your eligible designated account. That said please note that the 0% interest rate is valid for a Credit Card Funds Transfer with a 3, 6, 9 or 12 month tenure and is only applicable to the amount transferred pursuant to the application submitted in respect of the promotion. The prevailing interest rate of 26.9% p.a. applies after the expiration of the tenure indicated in the application form. You can read up more at the Credit Card Funds Transfer Programme Terms and Conditions apply.