Limited time promotion!

Receive up to S$80 Grab vouchers* when you apply for DBS Cashline and start using it!

How to grab your S$80 Grab vouchers?

Successfully apply for a Cashline account. And,

Tier 1. Accumulate S$350 usage in the first 2 consecutive months Get $30 Grab vouchers
Tier 2. Accumulate S$850 usage in the first 2 consecutive months Get $80 Grab vouchers

The accumulated usage amount of minimum S$350/ S$850 must be reflected as outstanding balances as of statement dates.

Example: Cashline is approved on 10 March;

1. Customer made a fund transfer of S$250 and reflected as outstanding balances in March statement and made another fund transfer of S$100 and reflected as outstanding balances in April statement; or

2. Customer made a fund transfer of S$350 and reflected as outstanding balances in March or April statement.


Did you know?

  • DBS Cashline is a stand-by line of credit which gives you access to funds instantly 24/7, anywhere, anytime!
  • Pay only for what you use with interest rate as low as 0.05%^ per day (no fee charge for usage)
  • Flexible monthly repayment at 2.5% of outstanding balance or S$50, whichever is higher
  • No fixed tenure and No early repayment fee!

Promotion ends 30 June 2018.


Apply for Cashline online now in just 3 simple steps

Step 1: Click on the “Apply online now” button”
Step 2: Attach your income documents
Step 3: Submit the application online

Apply online now


How to Use

With the granted credit limit, you can withdraw cash from Cashline account in these few ways:

 
Digibank app

Perform Online Transfers or Bill Payments with Internet Banking or Digibank app.

  • Select Transfer > Choose transfer options > Choose Cashline as the account to transfer.
  • Select Pay Bills > Choose billing organization > Choose Cashline as the account to transfer.
Digibank app

Withdraw cash from Cashline from the ATM Card given.

  • An ATM Card and PIN mailer will be sent separately. Please activate the ATM card based on instructions on the letter.
  • After changing the PIN number, ATM card can be used to withdraw cash from any DBS/POSB ATM.
Digibank app

NETS transaction from Cashline ATM Card

  • You can purchase items through NETS using your Cashline ATM Card. Amount will be from the Cashline available credit limit.


Illustration# on Using Cashline
John applied for a Cashline account and is approved with a credit limit of S$10,000.
He withdraws S$3,000 from his Cashline and pays back in 30 days.

Cash from Cashline Account
- Cashline interest rate^: 19.8% per annum
- Interest after 30 days: S$3,000 x (30/365) X 19.8% = S$49 Only!

You can view your Cashline details in Internet Banking or Digibank or via your Cashline statement which will be sent to you on monthly basis.

*Promotion Terms and conditions apply. The Grab vouchers will be issued via DBS Lifestyle app in the form of coupons and in denomination of S$10. Click the “Redeem” button only when you are ready to make your purchase to reveal the promo code. Applicants must have a registered ibanking/ mbanking account in order to access the DBS Lifestyle app for redemption. For new DBS Lifestyle app users, please download via App Store, Google Play Store or Windows Store or visit go.dbs.com/sg-lifestyle. Please click here for full terms and conditions.

^ Per day interest rate is based on prevailing interest rate of 19.8% p.a.

# Figures are simplified for illustration purposes. Total savings with DBS Cashline are based on comparison with cash advance fees and finance charges on credit card.

Cashline Terms and conditions apply.

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