Cashline Eligibility
Here are the criteria to qualify for DBS Cashline:
| Applications Requirements for DBS Cashline |
| Nationality |
Age |
Minimum Gross Annual Income |
| Singaporean or Permanent Resident |
21 years & above |
S$20,000 & above |
| Foreigner |
21 years & above |
S$45,000 & above |
| Note: Existing DBS Cashline, POSB Loan Assist or POSB Loan Assist Plus customers are not eligible. |
| Nationality |
Singaporean OR Permanent Resident |
Foreigner |
| Gross Annual Income |
S$20,000 - below S$30,000 |
S$30,000 & above |
S$45,000 & above |
| Credit Limit |
Up to 2 times monthly salary |
Up to 4 times monthly salary |
Up to 2 times or
max. S$15,000 |
| Effective interest rate |
19% per annum |
17.8% per annum |
| Minimum monthly repayment |
2.5% of outstanding balance or S$50, whichever is higher |
| Minimum interest charge |
S$5 |
| Late payment charge |
S$60 |
Up to 4 times Credit Limit – Explanatory Notes
For Singaporeans/Singapore Permanent Residents with gross annual income of:
- Between S$20,000 and S$30,000
Your total aggregated Credit Limit with DBS Bank in respect of unsecured credit facilities granted to you is up to a maximum of 2 times your monthly salary.
- At least S$30,000 and above
Your total aggregated Credit Limit with DBS Bank in respect of unsecured credit facilities granted to you is up to a maximum of 4 times of your monthly salary; regardless of the number of DBS/POSB Credit Cards and/or Unsecured Loans facilities you hold or apply for. The Bank will automatically assign a final Credit Limit apportionment between DBS/POSB Credit Cards and/or Unsecured Loans facilities at the Bank’s discretion.