cardup

CardUp

Pay salaries, rent and more with your DBS Visa Commercial Cards

CardUp

Pay salaries, rent and more with your DBS Visa Commercial Cards

At a Glance

CardUp enables businesses to pay large, recurring business expenses such as salaries, rent and more with your DBS Visa Commercial Cards.

By shifting these payments onto your DBS Visa Commercial Cards, you extend your payables by up to 55 days, interest-free. Your recipients get paid on time, while you defer the actual outflow of cash until your card bill is due almost 2 months later.

How it works

Jason receives an invoice from his supplier with a 30-day payment term.

He charges the invoice amount plus a CardUp fee to his DBS Visa Platinum Business Card via CardUp, and his supplier gets paid on time via a bank transfer.

His credit card statement arrives 30 days later at the start of the next month, and is only due 25 days later.

Jason pays off his statement when it is due, extending his invoice payment term by up to 55 days, interest-free!

In addition, earn up to 0.4% cash rebate on all business payments made through CardUp, while enjoying an exclusive CardUp fee on your payments. At an effective fee of 1%* for 55 days of financing, this is one of the most affordable and convenient ways to optimise your cash flow. Sign up for a free CardUp account today.

*The effective 1% fee per transaction is based on a 1.4% CardUp fee (u.p. 2.6%) minus the 0.4% cash rebate earned on your DBS Visa Commercial Card.