Should I choose Cashline or Personal Loan for emergencies?

We suggest choosing Cashline for immediate, short-term cash needs as you can access cash at a low 0.07% 1 daily interest with no early repayment fees. Personal Loan is more suitable for large or long-term expenses as your rates are determined on digibank.

What is the difference between Personal Loan and Balance Transfer?

Both Personal Loan and Balance Transfer are suitable for large or long-term expenses. With Personal Loan, you can borrow at low interest rates from 1.00% p.a. 2 (EIR 2.32% p.a. ) 3 and repay monthly with certainty. Meanwhile, Balance Transfer offers 0% interest for loan tenures of 3, 6 or 12 months, with a one-time admin fee.

Can I get same-day loan approval?

Yes, a same‑day or instant approval is possible for eligible existing DBS/POSB Cashline or credit card customers, with cash disbursement credited quickly after approval for an instant loan experience.

Instant Loans for unplanned expenses

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Explore our Instant Loans

Cashline

Access funds 24/7 for short-term expenses at a low daily interest rate of 0.07% ¹. Withdraw money, transfer funds or pay bills with ease.

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Personal Loan

Enjoy low interest rates from 1.00% p.a. ² (EIR 2.32% p.a.) ³ and repay in fixed monthly instalments over up to 60 months. Get 3% unlimited cashback for qualifying loan amounts and tenure. Terms and conditions apply.

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Balance Transfer

Enjoy instant cash at 0% interest with flexible repayment options over 3, 6 or 12 months. Pay no early repayment fees.

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What is the right Instant Loan for me?

How to choose the right loan?How to apply?

Check loan eligibility for each instant loan optionVerify your bank loan eligibility status as a Singapore citizen, permanent resident, or foreigner.

Compare interest rates using our calculator

Assess your repayment needsChoose a fixed monthly repayment plan of up to 60 months with a Personal Loan or enjoy flexible repayment options with Cashline or Balance Transfer.

Evaluate usage flexibilityChoose a POSB Personal Loan for a fixed repayment tenures, Cashline for greater financial flexibility, and Balance Transfer for consolidating bills.

Consider cashback benefitsFactor in attractive limited time offers: POSB Personal Loan's 3% unlimited cashback or Cashline's up to S$150 cashback!

Frequently Asked Questions

¹ Daily interest rate of 0.07% is calculated based on 365 days at the prevailing interest rate of 22.9% p.a.

² The interest rate & fee indicated is the lowest published rate and may differ from what is offered to you based on your personal credit and income profile, subject to the bank’s discretion. Log in to digibank to view your rates now.

³ EIR – Effective Interest Rate is the rate that reflects the true cost of borrowing as expressed over a reducing balance basis (similar to home loans) and is useful in comparing different loans to get the best rate. For more information on applied and effective interest rates, please visit www.moneysense.gov.sg.

Unplanned expenses? Explore our Instant Loans

Explore our Instant Loans

Cashline

Personal Loan

Balance Transfer

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