Help & Guidance

FAQs – Cash Advance and Funds Transfer


How much does Cash Advance cost?

For Cash Advances, there will be a 5% or S$15.00 fee, whichever is greater, levied for each amount withdrawn. In addition, cash advance interest of 2% per month (effective interest rate 24% p.a. subject to compounding if the charges are not repaid in full) on the amount withdrawn, chargeable on a daily basis from the date of withdrawal until receipt of full payment (minimum charge of S$2.50) will apply.


How does Funds Transfer work and how to apply for it?

With the DBS Funds Transfer Program, you can transfer your balances from other banks' credit cards or lines of credit to your DBS credit card.

To request a Funds Transfer, just complete the Funds Transfer Form. Print it and mail it to us with copies of your other banks' statements if you're paying to other banks, such as Citibank, UOB, OCBC, etc. We'll let you know the application status via mail.


What happens to the Funds Transfer amount after the promotional period?

After the promotional period, the normal interest rate will apply. Click here to view the normal interest rate.