| CreditAble (Personal Line of Credit) | |
|---|---|
|
Annual Fee: |
S$80 |
|
Prevailing Interest Rate |
22.9% per annum |
|
Default Interest Rate |
Default interest rate of 28% per annum will be applied the day after the due date if the minimum payment is not made by due date. The reinstatement of the Prevailing Interest Rate will be effective on the day after your next Statement Date once the minimum payments due on three consecutive statements are made in full on or before the respective payment due dates. |
|
Minimum Monthly Repayment: |
3% of outstanding balance or S$30, whichever is higher |
| Late Payment Charge: | S$100 |
| Excess Interest Charge: | 3% p.a. + Prescribed Interest Charge or 5% p.a. + Prime, whichever is higher, subject to a minimum of S$20 |
|
Minimum Interest on debit balance: |
S$5 |
|
Request for duplicate statement |
Dated less than 1 year ago - S$20 per statement Dated more than 1 year ago - S$30 per statement Dated more than 3 years ago - S$50 per statement |
|
Cheque Issuance (Effective 1 November 2023) |
S$0.75 per cheque issued |
|
Chequebook Issuance (Effective 1 November 2023) |
First chequebook free of charge, subsequent chequebook chargeable at S$10 per book |
| Effective from: 15 December 2023 | |
We will notify you of any changes by giving you 30 days' notice except where otherwise stated in the Terms and Conditions governing the Bank's relevant Products and Services.