Standard Chartered
Borrow at 1% p.a. (EIR from 1.94% p.a.), enjoy up to 3% cashback (up to S$7,500) on approved amounts, and benefit from fast approval and zero late penalties.
The Standard Chartered CashOne Personal Loan is among Singapore’s top choices for personal finance. With a market-leading flat rate from 1% per annum (EIR from 1.94% p.a.), borrowers can access low-cost loans with flexible repayment terms of up to five years.
The offer includes a special cashback feature for a limited time, giving borrowers up to 3% cash back, totalling up to S$7,500 for higher approved loans. Loans from S$18,000 receive cashback on approval and disbursement, credited directly into your linked Standard Chartered account.
No late payment penalties apply, provided you consistently pay your monthly instalments on time for six consecutive months. Additionally, instant approval and same-day cash disbursement are available for Singaporean citizens, PRs, and eligible foreigners who meet the minimum annual income and documentation requirements.
How to Apply – Step by Step
1. Check your eligibility: Age 21+, with S$30,000 annual income for citizens/PRs, or S$90,000 for foreigners holding an Employment Pass.
2. Prepare necessary documents: SingPass for MyInfo auto-fill, or NRIC, payslip, CPF, or tax assessment depending on your employment type.
3. Fill in the Standard Chartered CashOne Personal Loan application form online, specifying your required amount and tenure.
4. Review your loan and cashback offer before accepting the terms and conditions.
5. Submit and await approval – funds are disbursed promptly if approved.
Main Pros of CashOne Personal Loan
This personal loan stands out for its very low flat interest rate, capped at 1% p.a., and an industry-leading EIR, making borrowing more affordable.
The instant approval process and fast cash delivery, especially for Standard Chartered account holders, is ideal for urgent financial needs. The flexible, penalty-free minimum repayment after six months provides further peace of mind.
Main Cons of CashOne Personal Loan
The upfront S$199 annual fee (deducted from the loan amount) may be a drawback, especially for smaller loans, though it is waived in subsequent years if payments are timely.
Foreigners need a high minimum annual income of S$90,000, which can make it less accessible for some applicants.
Vores dom
While the upfront fees might deter some, the Standard Chartered CashOne Personal Loan offers some of the lowest interest rates and best cashback deals on the market. The streamlined digital application, rapid payout, and absence of late fees for compliant payers make it a solid choice for eligible borrowers seeking convenience and savings.