Prevailing Interest Rate
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.
- 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
|Citizenship Status||Singaporean / PR|
|Age Requirement||21 – 75 years old|
|Minimum Annual Income||S$20,000|
|Late Payment Fee||S$120|
|Minimum Monthly Repayment||2.5% of the outstanding balance or S$50,|
whichever is higher
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