Understanding your Cashline Statements
Learn how to interpret the different sections of your statement.
Overview
Key Features
- 10 digits Cashline account number
- Statement generation date
- Credit Limit is the maximum amount of credit that has been extended to you.
- Available Balance is the remaining limit available for withdrawal, transfer or usage.
- Minimum Payment Due is the minimum amount required to be paid, on or before the payment due date to avoid a late fee charge. The Minimum Payment Due is 2.5% on the outstanding or $50, whichever is higher. The Minimum Payment Due is also inclusive of any Minimum Payment Due from previous statement and any amount owing in excess of your credit limit.
- Payment Due Date is the final date where the Minimum Payment must be made. Late fee will be incurred if there are no repayment received by this date.
- You are strongly encouraged to make payment via digital channels to avoid incurring further accrued daily interest.
Balance Transfer
Key Features
- This section displays all your existing non-expired Balance Transfer (BT) on your Cashline account with the expiration date and outstanding balance on each BT plan. The promotional interest rate will expire on the expiration date as indicated or upon full repayment of the BT amount, whichever is earlier. Any outstanding BT balance after the expiration date will be subject to the Cashline
Transactions
Key Features
- CREDIT transactions made during the statement period are shown here (e.g. Payments and Cashback). The SUB-TOTAL is the sum of all the credit transactions.
- NEW transactions made during the statement period are shown here (e.g. DEBIT transactions such as Drawdown, Transfers, Fees and CREDIT transactions such as reversals). The SUB-TOTAL is the sum of all these new transactions.
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- INTEREST CHARGED THIS STATEMENT – Total interest incurred during the statement period.
- CLOSING BALANCE – Total outstanding balance owing as at the statement date. This amount is not inclusive of any unbilled instalment loan and accrued interest. Please note that paying this amount will not settle the full amounts owing. Should you wish to make a full settlement, please contact our customer service hotline for the full amount payable and termination of any existing instalment loans.
- MINIMUM PAYMENT DUE – Minimum Payment Due is the minimum amount required to be paid, on or before the payment due date to avoid a late fee charge.
Instalment Plan
Key Features
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This section displays all your existing Instalment Loans details
- PRINCIPAL AMT – Original approved loan amount
- INSTALMENT MTHS – Original number of instalment periods
- REMAINING INSTALMENT – Remaining number of instalment periods
- OUTSTANDING AMT – The remaining unbilled instalment loan amount owing (inclusive of interest till end of instalment period)
Message for You
Key Features
- Any important information relating to your DBS Cashline account will be communicated here.
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