The card provides users immediate access to cash and up to 114 days of zero interest on working capital loans with a processing fee of 1% and an effective interest rate of up to 4.47% per annum (p.a.)
CIMB Singapore has launched the CIMB Founders Card, which is said to be the first purpose-built personal credit card tailored to the needs of sole proprietors and small- and medium-sized entrepreneur (SME) owners.
“For sole proprietors and SME owners, what truly matters is financial flexibility and easy access to capital to support growth,” says Merlyn Tsai, head of consumer banking and digital at CIMB Singapore.
