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Get instant cash at 0% interest with DBS Balance Transfer

Unplanned bill stress? Consolidate outstanding balances at 0%¹ interest and score up to 1% cashback³
Get instant cash² to pay outstanding bills at 0% interest
Choose flexible repayment options with 3-, 6- or 12-month tenures​
Pay off early with no early repayment fee​
Get 1% cashback!

Consolidate your bills at 0% interest with flexible repayments.

Apply now and get 1% cashback!
DBS Balance Transfer
Get instant cash at 0% interest with DBS Balance TransferGet 1% cashback!
Apply now
Overview
Overview
Benefits​
How to apply
Eligibility
FAQ
Important notes

Key Benefits of DBS Balance Transfer ​

Get instant cash at 0% interest with DBS Balance Transfer to consolidate outstanding balances into one bill.​

Consolidate bills at 0% interest​

Get instant cash to pay outstanding balances from other banks and consolidate them into one bill at 0% interest.​

Get instant cash 24/7 via digibank​

Access funds anytime through DBS digibank.​

Repay early with no fee​

Choose flexible tenures of 3-, 6- or 12-months. Monthly repayments start from S$50 or the minimum amount due, whichever is higher.​

Apply for DBS Balance Transfer today!​

DBS digibank Online​DBS digibank Mobile​New to DBS digibank?​

Eligibility & Fees ​

You must hold a DBS/POSB Cashline and/or DBS/POSB Credit Card.​

Age​

21 – 70 years old​

Rates and fees​

Tenure: 3 months
Applied interest rate p.a.1 : 0%​
Administration fee1 : 1.8%​​
Effective interest rate4 : 7.34% (Cashline) / 7.38% (Credit Card)​

Tenure: 6 months ​
Applied interest rate p.a.1 : 0%​​
Administration fee1 : 2.5%​​
Effective interest rate4 : 5.27% (Cashline) / 5.34% (Credit Card)​

Tenure: 12 months​
Applied interest rate p.a.1 : 0%​​
Administration fee1 : 4.5%​​
Effective interest rate4 : 5.06% (Cashline) / 5.20% (Credit Card)​

1 The one-time administration fee will be charged to your Cashline/Credit Card. The 0% interest rate will revert to the prevailing interest rate after the loan expires.

For full list of fees and interest charges, please visit List of Fees and Charges.​

Income documents​

No income documents required​

To receive funds​

You’ll need a DBS/POSB deposit account (Joint-All, Trust, MSA, SAYE, or POSB current accounts are excluded). Click here to apply.​

Frequently Asked Questions​

Items to Note

Apply for Cashline

Tips: Apply on your Cashline to keep your loan repayments separate from your regular spending. Don’t have a Cashline yet?

Apply now

2 To note for funds disbursement

Please note that for loans approved after 11.45pm daily or 9pm during month end (e.g. 31 Mar), the funds will only be credited to the designated deposits account on the following day. If the following day falls on a Sunday or Public Holiday, the crediting will be on the next following day (e.g. Monday to Saturday).

3 Terms & Conditions for promotions

Terms & Conditions apply, please refer to the promotion page.

4 EIR

The effective interest rate, which includes the administration fee, is determined by the reducing outstanding balance throughout the loan tenure. This calculation presumes a monthly minimum payment of 2.5% for Cashline and 3% for DBS/POSB Credit Cards, along with any interest and fees charges, and a final full payment in the loan's last month. Interest and fees charges are subject to compounding if it is not paid in full.

For more information on applied and effective interest rates, please visit www.moneysense.gov.sg

Unsure of which DBS Instant Loan product to select?

Cashline, Personal Loan, or Balance Transfer – confused about which loan to pick? Our easy-to-use calculator helps you find the perfect fit with the lowest interest and fees for your needs.