| Frequently
Asked Questions |
| Q |
What
is 0% EasyPay on purchases and its benefits? |
| A |
0%
EasyPay is a flexible plan that allows you to pay for your
larger credit card purchases in monthly instalments at 0%
interest and at a minimal processing fee charge.
By breaking down your payments you can save on interest charges
as well as making your repayments more affordable and manageable.
|
| Q |
Who
can apply for 0% EasyPay? |
| A |
As long as you have a Standard Chartered credit card with
enough credit limit to cover the amount of your purchase,
you can enjoy this benefit.
|
| Q |
Where
can I use 0% EasyPay |
| A |
Anywhere in Brunei and around the world.
For purchases made at Standard Chartered EasyPay merchants,
you only need to fill up a 0% EasyPay Request Form at the
merchants. For all other purchases made else where, just call
our Phone Banking at 265 8000 within 30 days from the date
of your purchase.
|
| Q |
How many instalments can I spread into?
|
| A |
You can spread your payments over 6, 12, 18 or 24 months.
All 0% EasyPay plans on purchases get rounded down to the
nearest 10 dollars. (Example, if your total purchase amount
is B$1,235.35, a total of B$1,230 will be converted into instalments,
while the remaining B$5.35 gets charged to your credit card
as a normal transaction).
For balance transfer, there will be no rounding.
|
| Q |
How
does 0% EasyPay affect my credit limit?
|
| A |
When
you convert a purchase or balance transfer to 0% EasyPay,
the total amount will be taken off your credit limit. Gradually,
as you make your repayments, your credit limit will be progressively
restored by the amount of each instalment.
The available credit limit reflected in your monthly credit
card statement does not include your 0% EasyPay outstanding.
Call 265 8000 or SMS 875 5000 to check your available credit
limit.
|
| Q |
Is
there any purchase amount required? |
| A |
A
minimum purchase amount of B$300 and up to a maximum of B$30,000
in a single transaction apply for 6, 12 & 18 months plans.
For 24 months instalment plan, minimum purchase amount of
B$3,000 is required.
|
| Q |
Are
there any fees incurred for this credit card benefit on purchases?
|
| A |
A
one-off processing fee will apply as follows:
• 3% for 6 and 12 months plans or minimum B$30, whichever
is higher.
• 3% for 18 and 24 months plans or minimum B$50, whichever
is higher.
|
| Q |
How
can I be eligible for Standard Chartered EasyPay promotions
if any?
|
| A |
Only
purchases made via Standard Chartered Bank/Merchant Solution’s
terminals are entitled to Standard Chartered Bank EasyPay
promotions if any.
|
| Q |
What
is Overseas Transaction?
|
| A |
This
refers to transactions made through your Standard Chartered
Bank Credit Card outside Brunei or online and appeared in
your statement with amount in foreign currency.
|
| Q |
Are
there any finance charges for the credit card benefit?
|
| A |
Each
monthly instalment will be treated in the same way as a charge
from a normal transaction on the card account and will be
shown in the monthly statement. In the event that the Bank
does not receive full payment of the New Balance shown in
the Statement by the Payment Due Date, the New Balance including
the EasyPay instalment amount will attract finance charges
until the date of full payment.
|
| Q |
Can
I use 0% EasyPay for balance transfer? |
| A |
Yes.
You can visit any of our branches to apply for this. Just
bring along your other bank’s credit card and latest 3 month
statements.
The minimum balance transfer amount is B$500 and you can transfer
up to 80% of your Standard Chartered credit limit.
A one-off processing fee will apply as follows:
• 5% for 6 and 12 months plans or minimum B$30, whichever
is higher.
• 8% for 18 and 24 months plans or minimum B$50, whichever
is higher.
|
| Q |
What
if I decided to settle my 0% EasyPay early? |
| A |
If
you decided to cancel or settle your 0% EasyPay plan early,
a processing fee of B$100 will be incurred.
|
| |
|
Bank's
terms and conditions apply.
|
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