A Standard Chartered personal loan in Singapore is the CashOne Personal Loan. As at November 2026 it is priced from 0.90% a year, an Effective Interest Rate (EIR) from 1.75%, plus a S$199 first-year fee deducted from the loan. Including that fee, Standard Chartered states an EIR of 2.15% for a $20,000 loan over five years.
That is the lowest floor rate we found among the main banks. It is still a floor. This page sets out CashOne, the bank’s Credit Card Funds Transfer and its Debt Consolidation Plan, from Standard Chartered’s pages read on 13 November 2026, and works through the cost. We are not paid by the bank and there are no application links.
A caution on borrowing: a low headline rate makes borrowing feel cheap. The instalment is still owed every month for the full tenure, whatever happens to your income.
Standard Chartered Personal Loan: CashOne in Detail
The CashOne Personal Loan is a fixed-instalment loan over 1 to 5 years.
- Rate: from 0.90% a year; EIR from 1.75%, calculated on a five-year tenure before the annual fee. The rate offered depends on your credit profile.
- Fees: a $199 annual fee in the first year, deducted from the approved amount. From the second year, $50 a year only if a minimum payment was late in the previous 12 months.
- Early redemption: $150 or 3% of the outstanding principal, whichever is higher. Changing the tenure costs $50.
- Late payment: $100. Additional interest at an EIR of 29.9% a year on overdue amounts, and the loan EIR plus 4% if two payments are late within six months.
- Eligibility: citizens and PRs aged 21 and above earning at least $30,000 a year. Foreigners need $90,000 a year and an Employment Pass.
- Existing cardholders: for principal Standard Chartered cardholders, a CashOne application is a Credit Card Instalment Loan that draws on the card limit.
The bank also runs cashback offers that change often. We leave them out.
Standard Chartered’s Borrowing Products at a Glance
| Product | Published rate | Published EIR | Fees | Tenure | Minimum income |
|---|---|---|---|---|---|
| CashOne Personal Loan | From 0.90% a year | From 1.75%; 2.15% with the $199 fee on $20,000 over 5 years | $199 first-year fee; early redemption $150 or 3% | 1 to 5 years | $30,000 (citizens, PRs); $90,000 (EP holders) |
| Credit Card Funds Transfer | 0% | From 2.06% | Processing fee from 0.90%; no early redemption fee | 3, 6, 9 or 12 months | $30,000; $90,000 (EP holders) |
| Debt Consolidation Plan | From 3.48% a year | From 6.26%; 6.48% with the $199 joining fee on $20,000 over 10 years | $199 joining fee; early redemption $250 or 5% | 3 to 10 years | $30,000 to under $120,000; citizens and PRs |
| Personal credit line | None listed |
Figures from Standard Chartered’s Singapore pages as at November 2026; they can change without notice.
A Worked Example: The Floor and a Realistic Offer
Take an illustrative borrower who needs $20,000. Our own scenarios.
At the published floor, 0.90% over 5 years:
- Interest: $20,000 × 0.90% × 5 = $900
- First-year fee: $199, so about $19,800 is received
- Instalment: about $348 a month
- Total cost: $1,099, an EIR of 2.15%, matching the bank’s own figure
At an assumed offer of 4.00% over 3 years:
- Interest: $2,400; fee $199
- Instalment: about $622 a month
- Total cost: $2,599, an EIR of roughly 8.2%
Repaying early adds a fee. If, after a year, $13,000 of principal remains, the early redemption fee is 3%, or $390.
Our debt payoff calculator lets you test your own offer.
The short version: CashOne’s floor of 0.90% (EIR 2.15% with the fee) is the lowest we found, but only strong applicants receive it. Compare your actual offer on EIR and total repaid, and factor in the 3% early redemption fee if you might settle early.
Funds Transfer and Debt Consolidation
Credit Card Funds Transfer
The Credit Card Funds Transfer is the bank’s balance transfer: 0% interest for 3, 6, 9 or 12 months with a one-time processing fee from 0.90% (EIR from 2.06%), charged to the card. There is no early redemption fee. Supplementary cardholders, corporate cards and cards with a $500 limit are not eligible. The 0% applies only for the approved tenure. Our balance transfer guide covers what happens after.
Debt Consolidation Plan
The Debt Consolidation Plan is for citizens and PRs aged 21 to 65 earning $30,000 to under $120,000 whose unsecured balances exceed 12 times monthly income. Rates start at 3.48% a year, an EIR from 6.26% over 10 years before the $199 joining fee. Early redemption costs $250 or 5% of the outstanding principal. Overdue amounts attract 26.9% a year. A Platinum Mastercard with the annual fee waived comes with it. See debt consolidation plans.
No standalone credit line
Standard Chartered’s borrowing page listed no personal line of credit on 13 November 2026. For revolving credit, see credit lines from other banks.
Who It Does Not Suit
- Borrowers who may settle early, because of the 3% or $150 fee.
- Foreigners earning under $90,000, who do not meet the income rule. See personal loans for foreigners.
- Cardholders who rely on their card limit, since a CashOne loan for existing cardholders draws on it.
MAS caps each lender’s unsecured credit at four months’ income for incomes from $30,000 to under $120,000. Our guide to how many personal loans you can take shows how that adds up.
Compare with our best personal loans in Singapore hub and the pages for DBS, OCBC, UOB and Citibank.
What To Do Next
- Use our budget planner to fix the instalment you can carry.
- Apply only after comparing your offered rate, EIR and total repayable with at least two other banks.
- Check how the $199 fee changes the cash you receive.
- Ask whether the loan will reduce your card limit.
- If repayments already feel heavy, Credit Counselling Singapore offers free help.
