Cashline Balance Transfer Online Promotion

Get cash rebate when you apply online!

POSB Balance Transfer Online Promotion

From now till 5 February 2017, apply for a 12 months Cashline Balance Transfer online and enjoy 2% cash rebate!


Tenure12 months
Applied interest rate (p.a)0%
One time administration fee6.38%
One time administration fee (after 2% cash rebate)4.38%
Effective interest rate (p.a)* (after 2% cash rebate)4.93%

Illustration

John took up a S$5,000 Cashline Balance Transfer online for 12 months

Interest rate: 0% p.a
One time administrative fee at 6.38%: $319

Note: Cash rebate will be credited back later.

John will receive a cash rebate of S$100 (S$5,000 x 2%) within 3 months from the approval date of the Balance Transfer back to his Cashline account

Cash rebate: $100


How to Apply

  • Step 1: Apply now with your Cashline account

    Apply with my Cashline

  • Step 2: Print and mail back using the Business Reply Service.


Don't have a Cashline Account?

Promotion Terms and Conditions

* The effective interest rate is calculated taking into consideration the administration fee and based on the assumption of a minimum monthly payment of 2.5% of the outstanding and full payment in the final month of the promotional period. Interest, fees and charges are subject to compounding if it is not paid in full. The one-time administration fee will be debited from your DBS Cashline account accordingly.

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