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Get up to S$500 Cashback1
Online Exclusive! Get instant cash with our fast and easy online application and be rewarded.
Need short term funds with flexible repayment? Apply for Balance Transfer with 0% interest2 and pay only a one-time promotional administration fee.
What’s more! Apply online now to get up to S$500 Cashback.
To be eligible, simply fulfil the following conditions and be entitled to the cashback in the respective tier!
- Apply for a 12-month tenure Balance Transfer @ 4.5% administration fee.
(Effective interest rate3: 5.06% p.a. for Cashline/ 5.20% p.a. for Credit Card).
- In a single application or same-day combined applications4 on both Cashline and Credit Card.
- Application must be submitted and approved via self-apply online application platform. Applications via other channels (i.e Telesales or Branch sales staff etc.) will not be considered.
|Approved Loan Amount||Cashback|
|$15,000 to $29,999||S$150|
|$30,000 to $49,999||S$300|
|S$50,000 and above||S$500|
Promotion ends 29 February 2020. Hurry and click the Apply Online button now!
Receive immediate cash5 into your account now in just 3 simple steps
How to Apply
Step 1: Log in with your ibanking/ mbanking/ ATM or credit/ debit card (no documents required for existing customers)
Step 2: Choose your desired amount and tenure
Step 3: Submit the application online
DBS Balance Transfer
Roll along smoothly with DBS Balance Transfer. At 0% interest for 12 months, you’re in control.
1Promotion Terms and Conditions apply. Click here for full details.
2The interest rate and admin fee as indicated to you in your Balance Transfer Application is not applicable to existing outstanding balances or any subsequent outstanding balance incurred and applies only to the approved amount under the respective Balance Transfer Application. The interest rate will expire after 12 months as indicated in your Balance Transfer Application or upon full repayment of the balance transfer amount, whichever is earlier, and the interest rate will be adjusted to our prevailing interest rate thereafter.
3The effective interest rate is calculated taking into consideration the administration fee and based on the assumption of a minimum monthly payment of: 2.5% for Cashline / 3% for DBS/POSB Credit Card(s) of the outstanding and full payment in the final month of the promotional period. Interest, fees and charges are subject to compounding if it is not paid in full.
4Combined applications must be made on the same day for the total approved loan amount to be eligible for the vouchers in the respective tier.
5DBS will only process applications that meet the bank's internal requirements. Please note that there is a downtime daily from 11.45PM to 8.00AM and application will be pending status during downtime.
DBS/ POSB Balance Transfer Terms and Conditions apply. Click here for full details.
Important Information to Note:
Revision to DBS Balance Transfer Fees and Charges
With effect from 2 December 2019, the late payment charge for Balance Transfer on Cashline will be revised from S$105 to S$120
DBS/POSB Balance Transfer Terms and Conditions (with effect on 02/12/2019)