DBS Cashline
20.50%
Prevailing Interest Rate
S$ 120
Annual Fee
S$ 250
Min.Monthly Repayment
S$ 10,000
Loan Amount
3 Years
Loan Tenure
The daily-rated interest rate of 0.06% allows borrowers to repay with flexibility anytime and enjoy up to 80% on interest savings and fees compared to cash advances. DBS Cashline also offers a high margin of credit up to 10x your monthly income plus 1% cash back and $50 when you apply online until December 31, 2021.
ALL DETAILS
Key Features
- Low daily-rated interest rate of 0.06%
- Repay as early as you want or whenever you have funds
- Save up on interest expenses
- Get up to 10x your monthly salary for borrowers earning $120,000 per annum, and 4x your monthly salary for borrowers earning below 120,000 per annum
- Easy application via Ibanking or Digibank apps
Eligibility
| Citizenship Status | Singaporean / PR |
| Age Requirement | 21 – 75 years old |
| Minimum Annual Income | S$20,000 |
Other Fees and Charges
| Annual Fee | S$120 |
| Late Payment Fee | S$120 |
| Over-limit Fee | S$40 |
| Minimum Monthly Repayment | 2.5% of the outstanding balance or S$50, whichever is higher |
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