DBS Cashline
Simply 0.06%^ interest per time.
At a Glance
Access money fast with DBS Cashline, and revel in these advantages:
Minimal interest that is daily of 0.06% ^
Our interest that is daily-rated gives even more freedom on repaying if you wish although you enjoy savings as much as 80% in passions and charges in comparison to payday loans.
^ Daily interest rate of 0.06per cent is computed predicated on 365 days during the current interest of 20.5per cent p.a.
Versatile repayments
Repay anytime – days, days or months without any fees that are additional.
Simple to use
Transact such as for instance a bank account that is regular. Distributions, transfers, bill re re payments and more, web or at an ATM.
Marketing
On The Web Exclusive! Submit an application for DBS Cashline these days and get S$50 plus 1% Cashback*!
*Cashline S$50 plus 1% Cashback pay day loans marketing stipulations use. Programs via various various other networks (i.e Telesales or department product sales staff etc.) will never be considered. Marketing ends up 31 2021 december.
New function! – Enjoy less hassle and miss the have to offer earnings papers once you retrieve your information that is personal via with Singpass.
Wake up to 10X your month-to-month wage
- Get money all the way to 4X your month-to-month wage
- 10X when your yearly earnings is S$120,000 and above
Simple tips to start a free account
- Apply via iBanking or Digibank software
- Miss out the need certainly to supply income papers, simply access your information that is personal via Myinfo with Singpass
- Enjoy less instant and paperwork approval with directly Through Processing, in the event the salary is paid as a DBS/POSB deposit account
- Here’s a list of required papers you’ll requirement for the application
No fixed repayment times
- Repay because rapidly you have funds as you want or whenever
- No early payment charges
Low interest
- 20.5percent per year, successfully 0.06% each day
- No interest will be re re re charged if no quantity is employed
Methods to use your DBS Cashline Account
- Cashline Auto Top-up: Link your Current/Savings account to your Cashline account and revel in smooth top-up solution once your Current/Savings balance drops below a level that is pre-set
- Transfer funds, withdraw pay and cash expenses with DBS/POSB ATMs, DBS Digibank/iBanking or Cashline chequebook
- Make deals via AXS device, AXS m-Station, AXS e-Station and NETS point-of-sale
No fixed repayment durations
- Repay because rapidly you have funds as you want or whenever
- No very early payment charges
Low interest
- 20.5percent per year, efficiently 0.06% a day
- No interest will be re re charged if no quantity is employed
EVEN MORE APPROACHES TO utilize
Fixed payment with DBS unsecured loan, if you want a way that is disciplined make month-to-month repayments.
- From as little as 3.88per cent p.a. + 1% handling cost (E.I.R. 7.56percent p.a.)
- Tenures between 1 to five years
- Instant cash paid to your account
Interest loan that is free DBS Balance Transfer
- Interest cost savings – enjoy 0% interest for as much as one year
- Flexible repayment – pay from less than S$50 or 2.5percent regarding the declaration stability, whichever is greater
Perform on line transactions with DBS Cashline:
Login to digibank
Select Pay & Transfer
Choose Cashline as Fund Resource
Eligibility & Charges
Application demands
- Singaporean Citizen or Singapore Lasting Citizen
- 21 – 75 yrs . old
- Minimal Annual Money S$20,000
Charges and costs
# The reinstatement towards the Prevailing Interest Rate may be efficient in the first day that is working your following declaration Date after the minimal payments due on 4 successive statements are created in strong or ahead of the particular re payment repayment dates.
Credit Bureau Report
From 1 April 2016, should you want to have a free of charge credit history, you could get it within 30 calendar times through the day of endorsement or rejection with this application through the credit bureau site given just below. Instead, you could deliver the endorsement or rejection page along with your NRIC into the after credit bureau’s licensed office to get a credit report that is free.
The no-cost Credit Bureau Report” is limited simply to application of a new item such as Cashline, bank card, more research help. Programs such borrowing limit enhance, Balance Transfer / Personal Loan disbursed from existing items and present major cardholders trying to get another card(s) aren’t eligible for the credit report that is free.
Faqs
Exactly How is DBS Cashline not the same as a personal bank loan?
Just How is DBS Cashline distinctive from cash loan?
Just How is interest determined?
Interest regarding the services will undoubtedly be computed for a basis that is daily by multiplying the outstanding stability on Facilities because of the Prescribed speed and then dividing by 365/366 ( within a leap year), at the mercy of the absolute minimum interest cost of S$10.00.
For example: assume you withdraw from your DBS Cashline account S$5,000 for 30 calendar times.
DBS Cashline detachment: S$5,000 Interest for thirty day period: (30/365) x 20.5% p.a. x S$5,000 = S$85
How can I submit an application for DBS Cashline once I click “Apply Now”?
It is possible to submit an application for DBS Cashline in three ways: