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FAQs – Cash Advance and Funds Transfer
For Cash Advances, there will be a 6% or S$15.00 fee, whichever is greater, levied for each amount withdrawn. In addition, a finance charge of effective interest rate 28% p.a. (subject to compounding if the charges are not repaid in full) on the amount withdrawn, is chargeable on a daily basis from the date of withdrawal until receipt of full payment (minimum charge of S$2.50) will apply.
With the DBS Balance Transfer, you can transfer your balances from other banks' credit cards or lines of credit to your DBS Cashline / credit card(s).
To apply for DBS Balance Transfer, you can do so online at the following link.
After the interest-free period, the prevailing interest rate on the DBS Cashline / Credit Card(s) will apply.