Cashline Balance Transfer

Overview

Now, getting the extra cash for all the things that matter is even easier. It's convenient to apply, and it comes with promotional interest rates of 0% p.a. + 4.5% administration fee (EIR 5.06%p.a.*). Do it the smart way with DBS Cashline Balance Transfer today.

Simply sign up for a DBS Cashline Balance Transfer to transfer the available credit limit on your DBS Cashline account to your deposit account as cash with repayment flexibility!

Benefits and Features

Here's what you can enjoy with DBS Cashline Balance Transfer:

Promotional interest rates

Tenure	6 months	12 months
Applied interest rate (p.a)	0%	0%
Administration fee	2.50%	4.50%
Effective interest rate (p.a)*	5.27%	5.06%

Interest savings

As compared to interest rates of 24% p.a. on other banks' credit cards, you can save so much more with our low Balance Transfer rates.

For a Balance Transfer amount of S$10,000	6 months	12 months
Interest charged and administration fee	0% p.a. + 2.5% (EIR 5.27% p.a.*)	0% p.a. + 4.5% (EIR 5.06% p.a.*)
Interest charges	S$0	S$0
One-off administration fee	S$250	S$450
Interest from other banks' credit cards at 24% p.a.	S$1,200	S$2,400
Your savings (up to)	S$950 (79% savings^)	S$1,950 (81% savings^)

Figures are simplified for illustration purposes.

* The Effective Interest Rate (EIR) is calculated based on an approved Balance Transfer amount of S$10,000 with monthly minimum payment of 2.5% of amount transferred and full payment of the outstanding amount transferred at the end of the tenure. EIR is subject to compounding if the monthly finance charges are not paid in full. A one-off administration fee of 2.5% and 4.5% for loan tenure of 6 and 12 months respectively will be debited from your DBS Cashline account accordingly.

^ Interest savings with DBS Cashline Balance Transfer (for repayment over 6 months or 12 months) when compared to interest rate of 24% p.a. on other credit cards.

Flexible usage

You can still continue to use any remaining credit in your Cashline account in the usual way. And with every monthly repayment you make, your credit limit will be reinstated accordingly for your use.

Flexible repayment

Choose a loan tenure you are comfortable with, and pay as little as S$50 or 2.5% of the statement balance, whichever is greater.

Sign Up Today!

Apply online now or SMS PROMO<space>BT<space>NRIC to 76060

Our friendly sales officer will contact you for a verbal sign-up.

Revision to Balance Transfer Terms and Conditions

Please be informed that amendments have been made to the terms governing Cashline Balance Transfer, all of which will take effect on 1 March 2012. Updated version of the terms (Ref V6. 1 March 2012)