The SCB Easy Payment Plan lets you convert credit card purchases into smaller, fixed payments. This option is ideal if you want the simplicity of personal loan online apply, without a traditional loan process.
For customers researching how to apply for home loan or best bank for mortgage loan, this plan is a secure way to manage larger expenses with your existing credit card.
Is Standard Chartered Bank a good bank?
Standard Chartered Bank UAE is fully licensed by the Central Bank. It offers transparent terms on all products, from home loan to mortgage loan and credit cards.
Always check the bank’s official website and Key Facts Statement before applying for mortgage loan or get a personal loan.
Main characteristics of SCB Easy Payment Plan
- Open to Standard Chartered credit card holders
- Use for purchases from AED 500 or retail balances above AED 1,000
- Tenures up to 48 months, similar to some home loan structures
- APR up to 3% monthly, fully disclosed
- No need for a separate home loan application—just use your card
Disadvantages
- Early settlement fee applies (2%–5% of balance or AED 300, whichever is higher)
- Processing fee up to 4.2%
Here is advice for you
Always read all terms before you choose any payment plan, apply for house loan, or get a personal loan.
If you miss your minimum payment, extra charges may apply—just like with any home loan or mortgage loan.
Requirements to apply for this plan
- Standard Chartered Bank UAE credit card
- Current or savings account with the bank
- Transaction of AED 500+ or retail balance AED 1,000+
- Credit review to ensure all debt, including any personal loan or mortgage loan, does not exceed 50% of salary
متطلبات التقديم لهذا البرنامج
- حامل بطاقة ائتمان من بنك ستاندرد تشارترد الإمارات
- حساب جاري أو توفير لدى بنك ستاندرد تشارترد الإمارات
- معاملة مؤهلة: 500 درهم إماراتي أو أكثر أو رصيد إجمالي 1000 درهم إماراتي أو أكثر
- تخضع لمراجعة الائتمان وسياسة البنك
How to apply for the plan
- Log in to the SC Mobile App
- Choose which purchases or balance to convert
- Select your preferred payment term (up to 48 months)
- Review rates and all terms
- Submit your request
Apply for your Plan
You don’t need to apply for house loan or mortgage loan to split your purchases. Just use the SCB Easy Payment Plan in the SC Mobile App. All approvals follow bank rules and UAE regulations.
For complete details, always check the official Standard Chartered Bank UAE website and read the Key Facts Statement before choosing any home loan, personal loan, or payment plan.
Disclaimer
This content is for informational purposes only and is not issued or endorsed by Standard Chartered Bank UAE. All terms and rates are subject to change and regulatory approval. Please refer to the bank’s official website and Key Facts Statement for the most accurate and updated information.
إخلاء المسؤولية
هذا المحتوى لأغراض إعلامية فقط ولم يتم إصداره أو اعتماده من قبل بنك ستاندرد تشارترد. جميع الشروط والأسعار قابلة للتغيير وتتطلب موافقة الجهات التنظيمية. يرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الرئيسية للحصول على أحدث المعلومات وأكثرها دقة.