Standard Chartered CashOne Personal Loan Review: Great for all-round financing

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Standard Chartered CashOne Personal Loan is a personal instalment loan with one of the lowest guaranteed flat interest rates of 3.88% p.a in the market. It also comes with no processing fees and no annual fees for the first year. The guaranteed low interest rate is a great financing option that can help you borrow money for big ticket purchases and/or clearing off high interest debt.

Summary: Standard Chartered CashOne Personal Loan

Low interest rate

Standard Chartered CashOne Personal Loan comes with one of lowest flat interest rates of  3.88% p.a. The average flat interest rate in the market is around 6%-7% p.a. This practically means you can save thousands in interest by opting for this personal instalment loan.

Guaranteed interest rate

Standard Chartered CashOne Personal Loan’s flat interest rate of 3.88% p.a. is guaranteed upon approval regardless of loan amount, tenure, income or credit history. The minimum salary to apply for this loan is S$30,000 for Singaporeans/PRs and S$60,000 for foreigners.

First year annual fee waived

The first year annual fee for Standard Chartered CashOne Personal Loan is waived with $199 cash back. Subsequently, the annual fee of S$50 can be waived if monthly repayment is made on-time for the past 12 months.

No processing fees

There are no processing fees charged for this loan

Next day cash

Upon approval, your cash is available the next day in your account. This is critical for those looking for emergency or urgent financing options such as paying off medical bills.

How Standard Chartered CashOne Personal Loan compares vs others

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

However, if your annual income is above S$80,000, then you’re better off applying for the HSBC Personal Loan, which offers a 3.7% flat interest rate (depending on loan tenure).

*Rate available only on SingSaver platform
**Rate varies depending on credit profile

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Four Types of Personal Loans: What You Need to Know
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Rohith Murthy


By Rohith Murthy
Rohith leads SingSaver, a financial comparison site aimed at helping consumers in Singapore save money and time by finding the right financial products.