Late Payment Charge Per Account
Late payment charges will be levied if the minimum payment is not received by the payment due date:
||Late Payment Charge
|Up to S$50
|S$50.01 & above
Finance Charges For Purchases
Cash Advance Charges
- Finance Charge: 2% per month (effective interest rate 24% p.a. subject to compounding if the charges are not repaid in full) on the transaction amount, chargeable on a daily basis from the date of transaction until receipt of full payment (Minimum charge: S$2.50)
- No finance charges will be levied if payment is received in full by the "Payment Due Date", and there is no balance carried forward from the previous statement.
- Fee: 5% of the amount withdrawn (minimum charge of S$15).
- Finance Charge: 2% per month (effective interest rate 24% p.a. subject to compounding if the charges are not repaid in full) on the amount withdrawn, chargeable on a daily basis from the date of withdrawal until receipt of full payment (minimum charge of S$2.50).
Minimum Monthly Repayment
3% of statement balance or S$50, whichever is greater. For accounts that are over-limit, please pay the minimum payment specified plus the over-limit amount.
Liability for Lost/Stolen Card
If your Card is lost or stolen or if the PIN is disclosed without your authorisation, your liability for unauthorised transactions effected after such loss, theft or unauthorised disclosure but before we are notified thereof shall be limited to S$100 only if :
- you have immediately notified us of the loss, theft or unauthorised disclosure;
- you assist us in the recovery of the unauthorised charges incurred;
- you furnish us with a police report accompanied by written confirmation of the loss, theft or unauthorised disclosure and any other information that we may require; and
- we are satisfied that such loss, theft or unauthorised disclosure is not due to your negligence or default.
You shall not be liable for any transactions carried out after we have been notified of the loss, theft or disclosure.
Annual Fee &/or Welcome Gift
Annual fee waiver and welcome gift (if any) are applicable to new principal cardholder only. Cardholder will not be eligible for such promotions upon approval when they re-apply for the credit card within 90 days from date of termination of the same card.